URA

131 (expressed in Hong Kong Dollars) NOTES TO THE FINANCIAL STATEMENTS 15. Cash and bank balances (Continued) Reconciliation of liabilities arising from financing activities: The table below details changes in the Group’s liabilities from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities and liabilities for which cash flows were, or future cash flow will be, classified in the Group’s consolidated statement of cash flows as cash flow from financing activities. Debt securities issued $’000 At 1 April 2017 3,287,949 Changes from financing cash flows:  – Redemption of debt securities (500,000) Other changes:  – Amortisation of debt securities issuing costs 2,757 At 31 March 2018 2,790,706 16. Capital On 21 June 2002, the Finance Committee of the Legislative Council approved a commitment of $10 billion for injection as equity into the Authority. The Government injected the equity into the Authority in phases over the five financial years from 2002/03 to 2006/07. At 31 March 2018, the Authority had received all five tranches of equity injection of $10 billion in total. 17. Trade and other payables As at 31 March 2018, the trade and other payables are analysed as follows: 2018 2017 $’000 $’000 Trade payables 85,962 75,095 Rental and other deposits received 250,995 1,079,156 Other payables 11,138 12,973 Accrued expenses 3,287,885 2,954,131 Balance at 31 March 3,635,980 4,121,355 Representing:  Non-current portion 676,000 942,200  Current portion 2,959,980 3,179,155 3,635,980 4,121,355