Notes to Fina - æ島æ°èéå
Notes to Fina - æ島æ°èéå
Notes to Fina - æ島æ°èéå
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ncial Statements<br />
<br />
<br />
20. INTERESTS IN JOINTLY-CONTROLLED ENTITIES<br />
(continued)<br />
20. <br />
Except for an amount of HK$3,300,000 due from a<br />
jointly-controlled entity which bears interest at 5% per<br />
annum, the balances due from jointly-controlled<br />
entities are interest-free, unsecured and have no fixed<br />
terms of repayments.<br />
3,300,000<br />
5<br />
<br />
<br />
The Group’s trade payable balance due <strong>to</strong> a jointlycontrolled<br />
entity is disclosed in note 27 <strong>to</strong> the financial<br />
statements.<br />
<br />
27<br />
The balance due <strong>to</strong> a jointly-controlled entity was<br />
unsecured, interest-free and was repaid during the year.<br />
<br />
<br />
Global China Group Holdings Limited Annual Report 2002<br />
111