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Notes to the Consolidated Financial Statements

31st March 2017

9 BENEFITS AND INTERESTS OF DIRECTORS (CONTINUED)

(b) Directors’ retirement benefits

No retirement benefits were paid to or receivable by any directors in respect of their other services
in connection with the management of the affairs of the Company or its subsidiaries undertaking
(2016: Nil).

(c) Directors’ termination benefits

No payment was made to directors as compensation for the early termination of the appointment
during the year (2016: Nil).

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

No payment was made to the third parties for making available directors’ services (2016: 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 (2016: 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 (2016:
Nil).

10 FINANCE INCOME AND FINANCE COSTS

2017 2016
HK$’000 HK$’000
Finance income:
– Bank interest income 9,875 13,276

Finance costs:
– Interest expense on bank borrowings and trust receipt loan 10,268 8,695

ALCO HOLDINGS LIMITED ANNUAL REPORT 2017 83