WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED
126
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2016
14. INVENTORIES
THE GROUP
2016
2015
HK$’000
HK$’000
Finished goods held for resale
560,647
533,632
Less: Allowance for inventories
(25,100)
(18,358)
535,547
515,274
Movement in the allowance for inventories
THE GROUP
2016
2015
HK$’000
HK$’000
Balance at beginning of the year
18,358
18,397
Increase in allowance recognised in profit or loss
10,333
4,916
Amounts written off during the year
(3,467)
(4,945)
Currency realignment
(124)
(10)
Balance at end of the year
25,100
18,358
