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Notes to the Consolidated Financial Statements
31st March 2016
22 CASH AND CASH EQUIVALENTS
2016 2015
HK$’000 HK$’000
Cash at bank and on hand 811,691 292,861
Short-term bank deposits 779,952 595,474
1,591,643 888,335
Maximum exposure to credit risk 1,591,029 886,974
The cash and cash equivalents are denominated in the following currencies:
2016 2015
HK$’000 HK$’000
HKD 666,100 50,170
USD 773,858 388,351
RMB 151,576 449,157
Great British Pound 99 602
Others 10 55
1,591,643 888,335
23 TRADE AND OTHER PAYABLES
2016 2015
HK$’000 HK$’000
Trade payables 290,455 460,239
Other payables and accruals 57,935 51,833
348,390 512,072
The carrying amounts of trade and other payables approximate to their fair values.
76 ALCO HOLDINGS LIMITED ANNUAL REPORT 2016
