Annual Report 2020

147 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報表附註 FOR THE YEAR ENDED 31ST DECEMBER, 2020 截至二零二零年十二月三十一日止年度 ANNUAL REPORT 2020 年度報告 32. 金融工具 （續） (b) 財務風險管理目標及政策 （續） 信貸風險及減值評估 （續） 其他應收款項及按金 就其他應收款項及按金而言，本公司董事根 據過往償付記錄、過往經驗以及合理且具 理據支持的前瞻性定量及定性資料，對其 他應收款項及按金的可收回性進行定期個別 評估。本公司董事認為自初始確認以來該等 款項的信貸風險並無顯著增加且本集團根據 12 個月預期信貸虧損撥備減值。截至二零 二零年十二月三十一日止年度，本集團評 估於二零二零年十二月三十一日總賬面值為 2,904,000 港元（二零一九年： 2,337,000 港元） 的其他應收款項及按金的預期信貸虧損並不 重大，因此並無確認虧損撥備。 流動資金風險 在管理流動資金風險時，本集團監控及維持 管理層認為充足之現金及現金等值水平，從 而為本集團營運提供資金及減低現金流量波 動之影響。管理層監控銀行借貸之動用情 況，並確保符合貸款償還條款之規定。 本集團依賴銀行借貸作為其流動資金之主要 來源。於二零二零年十二月三十一日，本集 團有未提取的借貸融資約 129,462,000 港元 （二零一九年： 252,941,000 港元）。本集團會 定期監控其當前及預期流動資金需求，確保 其維持充足之流動現金及從信譽良好之金融 機構獲得足夠之承諾貸款額以應付本集團之 短期及長期流動資金需求。 32. FINANCIAL INSTRUMENTS (Continued) (b) Financial risk management objectives and policies (Continued) Credit risk and impairment assessment (Continued) Other receivables and deposits For other receivables and deposits, the directors of the Company make periodic individual assessment on the recoverability of other receivables and deposits based on historical settlement records, past experience, and also quantitative and qualitative information that is reasonable and supportive forward-looking information. The directors of the Company believe that there are no significant increase in credit risk of these amounts since initial recognition and the Group provided impairment based on 12m ECL. For the year ended 31st December, 2020, the Group assessed the ECL for other receivables and deposits with gross carrying amount of HK$2,904,000 as at 31st December, 2020 (2019: HK$2,337,000) was insignificant and thus no loss allowance was recognised. Liquidity risk In the management of the liquidity risk, the Group monitors and maintains a level of cash and cash equivalents deemed adequate by the management to finance the Group’s operations and mitigate the effects of fluctuations in cash flows. The management monitors the utilisation of bank borrowings and ensures compliance with loan repayment terms. The Group relies on bank borrowings as a significant source of liquidity. As at 31st December, 2020, t he Gr oup has ava i l ab l e und r awn bo r r owi ng facilities of approximately HK$129,462,000 (2019: HK$252,941,000). The Group monitors its current and expected liquidity requirements regularly and ensuring sufficient liquid cash and adequate committed lines of funding from reputable financial institutions to meet the Group’s liquidity requirements in the short and long term.