Annual Reports Keepmoat Homes Annual Report 2018

Notes to the consolidated financial statements Keepmoat.com 16 – Trade and other payables (continued) The maturity profile of the anticipated undiscounted future cash flows, based on the earliest date on which the Company can be required to pay financial liabilities on an undiscounted basis, is as follows: Trade payables Development land payables Total 2018 £’000 £’000 £’000 More than one year and less than two years 8,295 26,455 34,750 More than two years and less than five years - 31,187 31,187 More than five years - 16,439 16,439 8,295 74,081 82,376 Trade payables Development land payables Total £’000 £’000 £’000 More than one year and less than two years 8,821 11,568 20,389 More than two years and less than five years - 14,018 14,018 More than five years - 5,742 5,742 8,821 31,328 40,149 Year ended 31 March 2018 Year ended 31 March 2017 17 – Construction contracts 2018 2017 £’000 £’000 Amounts due to construction contract customers (note 14) 4,451 - Carrying value at 31 March 4,451 - 64,656 - (60,205) - 4,451 - Construction contracts in progress at the balance sheet date Contract costs incurred plus recognised profits less recognised losses to date Less: progress billings The contract costs and progress billings above represent life of underlying contract values. 54

Annual Reports Keepmoat Homes Annual Report 2018 | Page 54