Annual Report - QuamIR

Notes to the Consolidated Financial Statements (Continued)
32 Restricted cash
32
Group
2011 2010
HK$ Million HK$ Million
Restricted cash represents:
Deposits placed with banks
– for securing banking facilities granted to
certain buyers of properties of the Group
5.1 4.9
– for securing performance bonds 1.1 1.1
– for securing certain bank loans 155.1 155.0
Deposits placed with a bank
– for the split of land title certificate in
respect of property project
– 82.9
– with the account jointly held with a third party in
respect of an alternative energy project
1.0 0.9
Escrow accounts relating to pre-sale deposits held
for a property resettlement scheme
69.0 75.8
Escrow accounts relating to deposits held for
property development projects
42.2 –
273.5 320.6
•
159