貿易通2019 年年報

Notes to the Financial Statements (Continued) 財務報表附註 （續） Tradelink Electronic Commerce Limited Annual Report 2019 190 26 財務風險管理及公允價值 （續） (b) 流動資金風險 本集團的所有現金管理工作（包括現金 盈餘的短期投資及籌借貸款（如有需要） 以應付預期現金需求）均由本公司中央 管理。本集團的政策是定期監察即期及 預期流動資金需求以及其對借貸契諾的 遵行情況，確保其備有充裕的現金儲備 與可變現有價證券，以及從主要財務機 構取得足夠的承諾信貸融資，以應付其 短期及長期流動資金需求。 於二零一九年十二月三十一日，本集團 的流動負債為港幣 216,752,000 元。除提 前計費港幣 800,000 元外， 附註 21 所示的 所有應付賬款、合約負債及其他應付款 項港幣 215,952,000 元，須於下一個財政 年度內或按要求償還或確認為收入。本 集團將以內部資源處理此合約到期日固 有的短期流動資金需要。 (c) 利率風險 利率風險為金融工具的公允價值或未來 現金流量將因市場利率變動而波動的風 險。本集團的利率風險主要來自其於固 定收入債務證券的投資（ 附註 18 ）及浮息 銀行結餘，其令本集團須承受公允價值 利率風險及現金流量利率風險。 26 Financial risk management and fair values (Continued) (b) Liquidity risk All cash management of the Group, including the short term investment of cash surpluses and raising of loans, if needed, to cover expected cash demands, are managed centrally by the Company. The Group’s policy is to regularly monitor current and expected liquidity requirements and its compliance with lending covenants, to ensure that it maintains sufficient reserves of cash and readily realisable marketable securities and adequate committed lines of funding from major financial institutions to meet its liquidity requirements in the short and longer term. At 31 December 2019, the Group’s current liabilities was HK$216,752,000. Except for billings in advance of HK$800,000, all trade creditors, contract liabilities and other payables of HK$215,952,000 as indicated in Note 21 , were due to be repaid or recognised as income during the next financial year or repayable upon demand. The Group will address the short-term liquidity requirement inherent in this contractual maturity date with internal resources. (c) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Group’s interest rate risk arises primarily from investments in fixed income debt securities ( Note 18 ) and floating rate bank balances, which expose the Group to fair value interest rate risk and cash flow interest rate risk.