年報 - HKExnews

NOTES TO THE FINANCIAL STATEMENTS
31 March 2010
TEXWINCA HOLDINGS LIMITED ANNUAL REPORT 2010
39. FINANCIAL RISK MANAGEMENT OBJECTIVES
AND POLICIES (continued)
Liquidity risk
The Group’s objective is to maintain a balance between
continuity of funding and flexibility through the use of bank
overdrafts and bank loans. As at 31 March 2010, 29%
(2009: 56%) and 71% (2009: 44%) of the Group’s total
borrowings will mature over one year and in less than one
year, respectively.
The maturity profile of the Group’s financial liabilities as at
the end of the reporting period, based on the contractual
undiscounted payments, was as follows:
Group
39.
Less than
3 months
29%
56%71%
44%
3 to
less than
12 months 1 to 5 years Total
On demand
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
2010
Due to an associate – 42,633 – – 42,633
Interest-bearing bank
borrowings
– 806,753 416,291 489,744 1,712,788
Trade and bills payables – 1,007,417 28,243 – 1,035,660
Other payables 13,196 117,088 – – 130,284
Derivative financial
liabilities
– 888 2,306 – 3,194
Guarantees of banking
facilities granted to an
associate
12,500 – – – 12,500
25,696 1,974,779 446,840 489,744 2,937,059
2009
Due to an associate – 11,231 – – 11,231
Interest-bearing bank
borrowings
– 108,301 290,629 506,914 905,844
Trade and bills payables – 939,596 18,920 – 958,516
Other payables 303 106,747 – – 107,050
Derivative financial
liabilities
– 2,546 9,642 – 12,188
Guarantees of banking
facilities granted to an
associate
12,500 – – – 12,500
12,803 1,168,421 319,191 506,914 2,007,329
126