Annual Report 2016
113
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 assets
The Group and Company’s financial liabilities are to be met by the maturity of financial
assets that more than sufficiently cover the financial liabilities. The non-derivative
financial assets are all due and receivable within one year except for long-term
deposits of the Group and non-current other receivables from a subsidiary of the
Company as disclosed in Notes 16 and 11 respectively, and are all non-interest
bearing except for cash at bank and restricted bank deposits which bear interest as
disclosed in Note 8.
Derivative financial instruments – net settlement
Total
Within undiscounted
Carrying
1 year
cash flows
amount
HK$’000
HK$’000
HK$’000
THE GROUP
At March 31, 2016
Foreign exchange forward contract
– outflow
(14)
(14)
(14)
(14)
(14)
(14)
At March 31, 2015
Foreign exchange forward contract
– inflow
20
20
20
– outflow
(92)
(92)
(92)
(72)
(72)
(72)
