References in classic literature
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Notwithstanding the amount of his "bills payable," Mr.
There were no foreclosures of mortgages, no protested notes, no bills payable, no debts of honour in Typee; no unreasonable tailors and shoemakers perversely bent on being paid; no duns of any description and battery attorneys, to foment discord, backing their clients up to a quarrel, and then knocking their heads together; no poor relations, everlastingly occupying the spare bed-chamber, and diminishing the elbow room at the family table; no destitute widows with their children starving on the cold charities of the world; no beggars; no debtors' prisons; no proud and hard-hearted nabobs in Typee; or to sum up all in one word--no Money!
As at 30 June 2017, the Group's balance of outstanding borrowings and bills payable amounted to RMB81,624 million, representing an increase of RMB3,467 million as compared with the balance of borrowings and bills payable of RMB78,157 million as at 31 December 2016.
this year, outstanding bills payable further went up to P25.9 billion, while total liabilities stood at P31.9 billion.
These liquidity sources and its expected operating cash flows of around RMB0.9 billion over the next 12 months are insufficient to cover its RMB1.66 billion in maturing debt, bills payable of RMB2.11 billion and estimated maintenance capex of RMB200 million over the next 12 months.
This is in recognition of the value-added differentiation that the Bank provides to the overseas Filipinos beyond remittance to include financial services such as Own-a-Philippine Home Loan, Pangarap Loan and Overseas Bills Payable System, as well as other innovative products like Healthy Ka Pinoy medical card and automated teller machine Safe insurance.
"The situation with regard to bills payable to the EAC is unsatisfactory, as they total e1/460 million, which is causing huge problems for the organisation," he said.
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