Annual Report 2016
111
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2016
5.
F I NANC I AL I NSTRUMENTS , F I NANC I AL R I SKS AND CAP I TAL
MANAGEMENT
– continued
(b)
Financial risk management policies and objectives
– continued
(iv) Liquidity risk management
– continued
Liquidity and interest risk analyses – continued
Non-derivative financial liabilities
– continued
On
Weighted
demand
average
or less
6 months
Total
effective
than 3
3 to 6
to
Over undiscounted
Carrying
interest rate
months
months
1 year
1 year
cash flows
amount
% HK$’000
HK$’000
HK$’000
HK$’000
HK$’000
HK$’000
THE COMPANY
At March 31, 2016
Other payables
– non-interest bearing
–
30
–
–
–
30
30
Amount due to subsidiary
– non-interest bearing
–
9,314
–
–
–
9,314
9,314
Financial guarantee contracts
–
1,127,623
–
–
–
1,127,623
–
1,136,967
–
–
–
1,136,967
9,344
At March 31, 2015
Other payables
– non-interest bearing
–
61
–
–
–
61
61
Amount due to subsidiary
– non-interest bearing
–
9,342
–
–
–
9,342
9,342
Financial guarantee contracts
–
1,087,047
–
–
–
1,087,047
730
1,096,450
–
–
–
1,096,450
10,133
