Tradelink 2019 Interim Report

12 Tradelink Electronic Commerce Limited  Interim Report 2019 Management Discussion and Analysis (Continued) 管理層討論及分析 （續） 為平衡風險與回報，企業債券之所有投資均按照投資委 員會批准之投資指引進行，該委員會由本公司三名獨立 非執行董事及一名非執行董事組成。於確定任何獲得新 業務之機會前，現金盈餘存放於企業債券中，作為我們 財務營運一部分，以提高本集團現金盈餘收益率。 於二零一九年六月三十日，本集團資產總值及資產淨值 分別為港幣 554,200,000 元（二零一八年十二月三十一日： 港幣 552,600,000 元）及港幣 349,100,000 元（二零一八年 十二月三十一日：港幣 350,800,000 元）。 於二零一九年六月三十日，本集團並無借貸（二零一八年 十二月三十一日：無）。 資本與儲備 於二零一九年六月三十日，股東應佔資本及儲備為港幣 349,100,000 元（二 零 一 八 年 十 二 月 三 十 一 日：港 幣 350,800,000 元），較二零一八年年底減少港幣 1,700,000 元。 資產抵押及或有負債 於二零一九年六月三十日，本集團向政府提供兩項合共 港幣 2,100,000 元的銀行擔保（二零一八年十二月三十一 日：三項合共港幣 4,200,000 元的銀行擔保），確保本集團 妥善履行與政府訂立的合約條款。銀行擔保以押記存款 合共港幣 2,100,000 元（二零一八年十二月三十一日：港幣 4,200,000 元）作為抵押。 除上述者外，本集團並無任何其他資產抵押。 資本承擔 於二零一九年六月三十日，尚待履行且未於財務報表撥 備的資本承擔為港幣 2,700,000 元（二零一八年十二月 三十一日：港幣 1,500,000 元），主要與本集團採購租賃物 業裝修有關。 僱員及薪酬政策 於二零一九年六月三十日，本集團僱用 261 名僱員（二零 一八年六月三十日： 265 名），當中 230 名僱員受僱於香 港，另外 31 名僱員受僱於廣州。回顧期內相關僱員成本 為 港 幣 59,300,000 元（二 零 一 八 年 六 月 三 十 日：港 幣 56,700,000 元）。 本集團的薪酬政策是所有僱員薪酬均以市場水平釐定。 除薪金以外，本集團亦提供僱員福利，包括醫療保險及 員工強制性公積金供款。為鼓勵及獎勵僱員，本集團制 定多項佣金、獎勵及花紅計劃，以推動僱員表現及成長。 本公司設立一項購股權計劃表揚高級副總裁及以上職級 僱員表現。 匯率波動風險及相關對沖工具 於二零一九年六月三十日，除於中國及澳門註冊成立實 體及以美元計值財務資產的投資外，本集團並無任何外 匯風險及相關對沖工具。 To balance the risk and returns, all investments in corporate bonds were made in accordance with the investment guidelines which had been approved by the Investment Committee comprising three Independent Non-executive Directors and one Non-executive Director of the Company. Before any opportunities are identified to acquire new businesses, the cash surpluses are parked in corporate bonds as part of our treasury operations to improve the yield of the Group’s cash surpluses. Total assets and net assets of the Group as at 30 June 2019 amounted to HK$554.2 million (31 December 2018: HK$552.6 million) and HK$349.1 million (31 December 2018: HK$350.8 million) respectively. As at 30 June 2019, the Group had no borrowings. (31 December 2018: Nil). Capital and Reserves As at 30 June 2019, the capital and reserves attributable to shareholders was HK$349.1 million (31 December 2018: HK$350.8 million), a reduction of HK$1.7 million from the end of 2018. Charges on Assets and Contingent Liabilities As at 30 June 2019, the Group has obtained two bank guarantees totaling HK$2.1 million (31 December 2018: three bank guarantees totaling HK$4.2 million) issued to the Government for the due performance by the Group pursuant to the terms of the contracts with the Government. The bank guarantees are secured by a charge over deposits totaling HK$2.1 million (31 December 2018: HK$4.2 million). Other than the foregoing, the Group did not have any other charges on its assets. Capital Commitments Capital commitments outstanding as at 30 June 2019 not provided for in the financial statements amounted to HK$2.7 million (31 December 2018: HK$1.5 million), mainly in respect of the purchase of leasehold improvements for the Group. Employees and Remuneration Policy As at 30 June 2019, the Group employed 261 staff (30 June 2018: 265), of which 230 are in Hong Kong and 31 in Guangzhou. The related staff costs for the review period was HK$59.3 million (30 June 2018: HK$56.7 million). The Group’s remuneration policy is that all employees are rewarded on the basis of market levels. In addition to salaries, the Group provides staff benefits including medical insurance and contribution to staff’s mandatory provident fund. To motivate and reward staff, the Group has various commission, incentive and bonus schemes to drive performance and growth. The Company operates a share option scheme to reward the performance of staff at senior vice president grade and above. Exposure to Fluctuation in Exchange Rates and Related Hedges As at 30 June 2019, other than its investments in the PRC and Macau incorporated entities and financial assets denominated in US dollars, the Group had no foreign exchange exposure and related hedges.