Annual Report 2020

MANAGEMENT DISCUSSION AND ANALYSIS 管理層論述及分析 34 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 於二零二零年十二月三十一日，本集團已全部 動用上述所得款項按照下表所列方式： 銀行結存及現金及計息貸款 於二零二零年十二月三十一日，本集團之銀 行結存及現金（包括已抵押銀行存款）共港幣 177,570,000 元，比二零一九年十二月三十一 日 報 港 幣 101,732,000 元 上 升 74.5% 。本 集 團之總計息貸款（包括來自一間關連公司之 貸款、銀行貸款及可換股債券）於二零二零年 十二月三十一日報港幣 660,942,000 元，比二 零一九年十二月三十一日報港幣 821,290,000 元下降 19.5% 。因此，計息貸款淨額（計息 貸款總額減去已抵押的銀行存款、銀行結存 及現金）由二零一九年十二月三十一日的港 幣 719,558,000 元減少至二零二零年十二月 三十一日的港幣 483,372,000 元。 As at 31 December 2020, the Group had fully utilised the aforesaid proceeds in the manner as set out in the table below: Net proceeds from the Subscription Amount utilised up to 31 December 2019 Amount utilised during the year ended ended 31 December 2020 Amount unused as at 31 December 2020 認購事項之 淨所得款 截至二零一九年 十二月三十一日 已動用金額 截至二零二零年 十二月三十一日 止年度 已動用金額 於二零二零年 十二月三十一日 未動用金額 HK$ million HK$ million HK$ million HK$ million 港幣百萬元 港幣百萬元 港幣百萬元 港幣百萬元 Repaying interest-bearing borrowings with higher interest rate of the Group 償還本集團利率較高的 計息貸款 37.3 (37.3) – – Funding the capital investment for the TESC Phase II Project 為滕州東方二期項目的 資本投資提供資金 110.0 (31.8) (78.2) – Supplementing general working capital 補充一般營運資金 1.7 (1.7) – – Total 合計 149.0 (70.8) (78.2) – Bank balances and cash and interest bearing borrowings The Group’s bank balances and cash (including pledged bank deposits) amounted to HK$177,570,000 at 31 December 2020, increased by 74.5% as compared to HK$101,732,000 at 31 December 2019. Total interest bearing borrowings of the Group (comprised of loan from a related company, bank borrowings and Convertible Bonds) were HK$660,942,000 at 31 December 2020, decreased by 19.5% as compared to HK$821,290,000 at 31 December 2019. The amount of net interest bearing borrowings (total interest bearing borrowings less pledged bank deposits and bank balances and cash) therefore decreased from HK$719,558,000 at 31 December 2019 to HK$483,372,000 at 31 December 2020.