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Notes to the Consolidated Financial Statements

31st March 2016

9 BENEFITS AND INTERESTS OF DIRECTORS (CONTINUED)

(c) Directors’ termination benefits

No payment was made to directors as compensation for the early termination of the appointment
during the year (2015: Nil).

(d) Consideration provided to third parties for making available directors’ services

No payment was made to the former employer of directors for making available the services of
them as a director of the Company (2015: Nil).

(e) Information about loans, quasi-loans and other dealings in favour of directors, controlled
bodies corporate by and connected entities with such directors

There are no loans, quasi-loans and other dealings in favour of directors, controlled bodies
corporate by and connected entities with such directors during the year (2015: Nil).

(f) Directors’ material interests in transactions, arrangements or contracts

No significant transactions, arrangements and contracts in relation to the Company’s business to
which the Company was a party and in which a director of the Company had a material interest,
whether directly or indirectly, subsisted at the end of the year or at any time during the year (2015:
Nil).

10 FINANCE INCOME AND FINANCE COSTS

2016 2015
HK$’000 HK$’000

Finance income:
– Bank interest income 13,276 13,619
– Interest income from loans and receivables – 74

13,276 13,693
Finance costs:
– Interest expense on bank borrowings and
trust receipt loan 8,695 6,831

64 ALCO HOLDINGS LIMITED ANNUAL REPORT 2016