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Notes to the Consolidated Financial Statements

31st March 2016

23 TRADE AND OTHER PAYABLES (CONTINUED)

At 31st March 2016 and 2015, the ageing analysis of the trade payables based on invoice date is as
follows:

2016 2015
HK$’000 HK$’000

0 – 30 days 267,298 434,652
31 – 60 days 15,193 16,773
61 – 90 days 3,317 3,247
Over 90 days 4,647 5,567

290,455 460,239

The carrying amounts of trade payables are denominated in the following currencies:

2016 2015
HK$’000 HK$’000

HKD 225,577 430,557
USD 64,820 29,682
Others 58 –

290,455 460,239

24 BORROWINGS

2016 2015
HK$’000 HK$’000

Non-current
Bank borrowings, unsecured (Note) 223,100 –

Current
Bank borrowings, unsecured (Note) 9,700 50,000
Total borrowings 232,800 50,000

Note:

The bank borrowings are unsecured and supported by corporate guarantees given by the Company (Note 30).

ALCO HOLDINGS LIMITED ANNUAL REPORT 2016 77