Annual Report 2019

175 年報 ANNUAL REPORT 2019 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 FOR THE YEAR ENDED 31 DECEMBER 2019 截至二零一九年十二月三十一日止年度 3 財務風險管理 （續） 3.1 財務風險因素 （續） (a) 市場風險 （續） (iii) 現金流及公平值利率風 險（續） 本 集 團 的 利 率 風 險 主 要來自銀行借貸。於二 零一八年十二月三十一 日，估計普遍增加╱減少 50 個利率基點而所有其 他變數維持不變，則本集 團年內除稅前虧損將增 加╱減少港幣 1,484,000 元。 50 個基點的增加╱ 減少代表管理層對截至 報告期末下一個期間利 率 合 理 可 能 變 動 的 評 估。 於 二 零 一 九 年 十 二 月 三十一日，本集團無浮動 利率的借貸。 (b) 信貸風險 信貸風險由來自－間關連公司 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 行結存中產生。 來自一間關連公司貸款相關 之已扺押按金（附註 28 ）、應 收賬款（附註 23 ）、應收票據 （附註 23 ）、按金及其他應收 款（附註 24 ）、已抵押銀行存 款（附註 26(a)) 及銀行結存及 現金（附註 26(b)) 之賬面淨值 乃本集團所面對有關金融資產 的最大信貸風險。 3 FINANCIAL RISK MANAGEMENT (continued) 3.1 Financial risk factors (continued) (a) Market risk (continued) (iii) Cash flow and fair value interest rate risk (continued) The Group’s interest rate risk primarily arises from bank borrowings. As at 31 December 2018, it is estimated t ha t a gene r a l i nc rease /dec rease o f 5 0 b a s i s p o i n t s i n i n t e r e s t rates, with all other variables held constant, would increase/decrease the Group’s loss before tax for the year by HK$1,484,000. The 50 basis point increase/decrease represents ma n a g eme n t ’ s a s s e s sme n t o f a reasonably possible change in interest rates over the period until the next end of the reporting period date. As at 31 December 2019, the Group does not have variable rate borrowings. (b) Credit risk Credit risk arises from pledged deposit on loan from a related company, trade receivables, bills receivable, deposits and other receivables, pledged bank deposits and bank balances. The carrying amounts of pledged deposit on loan from a related company (Note 28), trade receivables (Note 23), bills receivable (Note 23), deposits and other receivables (Note 24), pledged bank deposits (Note 26(a)) and bank balances (Note 26(b)) represent the Group’s maximum exposure to credit risk in relation to financial assets.