TUNG LOK RESTAURANTS (2000) LTD / Annual Report
2016
92
Notes to the financial statements
For the financial year ended 31 March 2016
33.
Financial risks management objectives and policies (cont’d)
(d)
Liquidity risk management (cont’d)
Non-derivative financial liabilities (cont’d)
Company
2016
Weighted
average
effective
interest rate
On demand
or within
1 year
Within 2 to
5 years
After
5 years Adjustment
Total
%
$
$
$
$
$
On balance sheet
Non-interest bearing:
Other payables
–
196,409
–
–
–
196,409
Off balance sheet
Financial guarantee contracts
(notional amount)
–
3,310,559
–
–
– 3,310,559
2015
On balance sheet
Non-interest bearing:
Other payables
–
218,636
–
–
–
218,636
Off balance sheet
Financial guarantee contracts
(notional amount)
–
5,321,029
–
–
– 5,321,029
