Annual Report 2019

232 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 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 23 應收賬款╱應收票據 （續） (c) 應收賬款減值損失撥備 應收賬款減值損失撥備的變動如下 於報告日期，最大信貸風險為上述 各類應收款項的賬面值。於二零 一八年及二零一九年十二月三十一 日，本集團並無持有任何抵押品作 為該等應收款項的抵押品。 23 TRADE RECEIVABLES/BILLS RECEIVABLE (continued) (c) Provision for impairment losses on trade receivables The movement on the provision for impairment losses on trade receivables is as follows: As at 31 December 於十二月三十一日 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 港幣千元 港幣千元 At beginning of the year 年初 20,124 19,742 Net impairment losses on trade receivables for the year 本年度應收賬款減值 損失淨額 – Continuing operations －持續經營業務 1,059 1,652 – Discontinued operation (Note 32) －已終止經營業務 （附註 32 ） 521 (287) Exchange differences 匯率差額 (330) (983) At end of the year 年末 21,374 20,124 The maximum exposure to credit risk at the reporting date is the carrying values of each class of receivables mentioned above. The Group did not hold any collateral as security for these receivables as at 31 December 2018 and 2019.