Annual Report 2018

217 年報 ANNUAL REPORT 2018 FOR THE YEAR ENDED 31 DECEMBER 2018 　截至二零一八年十二月三十一日止年度 綜合財務報告附註 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 3 財務風險管理 （續） 3.2 資本管理 （續） 於二零一七年及二零一八年十二月 三十一日，資本負債比率： 3 Financial risk management (continued) 3.2 Capital management (continued) As at 31 December 2017 and 2018, the gearing ratio was as follows: As at 31 December 於十二月三十一日 2018 2017 二零一八年 二零一七年 HK$’000 HK$’000 港幣千元 港幣千元 Loans from related companies (Note 27) 來自有關連公司之貸款 （附註 27 ） 226,358 250,924 Bank borrowings (Note 28) 銀行貸款（附註 28 ） 874,451 798,086 Less: Pledged bank deposits (Note 25 (a)) 減：已抵押銀行存款 （附註 25(a) ） (78,630) (59,780) Bank balances and cash (Note 25 (b)) 銀行結存及現金 （附註 25(b) ） (66,682) (210,559) Net interest bearing borrowings 借貸淨額 955,497 778,671 Total equity 權益總額 1,339,150 1,391,528 Gearing ratio 資本負債比率 71.4% 56.0% 3.3 Fair value estimation The carrying amounts of the Group’s financial assets including pledged deposit on loan from a related company, trade receivables, bills receivable, deposits and other receivables, pledged bank deposits and bank balances and cash; and financial liabilities including trade and bills payables, other payables and accruals, loans from related companies and bank borrowings approximate their fair values due to their short maturities. 3.3 公平值估計 本集團金融資產的賬面值，包括來 自一有關聯公司貸款相關之已抵押 按金、應收賬款、應收票據、按金 及其他應收款、已抵押銀行存款及 銀行結存及現金；及金融負債，包 括應付賬款及應付票據、其他應付 款及預提費用、來自有關連公司之 貸款及銀行貸款，由於其到期日 短，估計其公平值相若。