Annual Report 2007 - Hmdatalink.com hm datalink

Notes to the consolidated financial statementsfor the year ended 31 December 200731. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (Continued)Liquidity risk (Continued)Weightedaverage Total Total carryingeffective 91 days undiscounted amount asinterest rate 0 to 60 days 61 to 90 days to 1 year 1 to 2 years Over 2 years cash flows at 31 December% HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’0002006Loans and receivablesTrade receivables – 20,503 35 – – – 20,538 20,538Notes receivables – 15,000 13,950 8,455 – – 37,405 37,405Dividend receivables from associates – 74,840 – – – – 74,840 74,840Bank balances and cash 0.4 21,056 – – – – 21,056 20,972131,399 13,985 8,455 – – 153,839 153,755Financial liabilities at amortised costTrade payables – 16,379 1,407 1,712 – – 19,498 19,498Amount due to immediate holding company – 11,220 – – – – 11,220 11,220Short-term bank borrowings 3.72 23,078 – – – – 23,078 22,250Convertible bonds 6.76 – – – – 713,900 713,900 682,838Financial liabilities at fair valuethrough profit or lossConvertible bonds – embeddedderivatives (Note 2) – – – – – – – 53,88850,677 1,407 1,712 – 713,900 767,696 789,694Note 1:The financial assets at fair value through profit or loss in respect of forward foreign exchange contracts havebeen presented as net settlement.Note 2:Convertible bonds – embedded derivatives do not incur net cash flows and its accounting policy has been setout in note 4(f).GEELY AUTOMOBILE HOLDINGS LIMITED106ANNUAL REPORT 2 0 0 7