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Notes to the Consolidated Financial Statements

31st March 2017

19 FINANCIAL INSTRUMENTS BY CATEGORY

2017 2016
HK$’000 HK$’000

Assets
Trade and other receivables (Note 21) 765,763 734,002
Cash and cash equivalents (Note 22) 787,201 1,591,643

Total 1,552,964 2,325,645

2017 2016
HK$’000 HK$’000
Liabilities
Trade and other payables (Note 23) 320,739 348,390
Dividend payable (Note 13) – 347,621
Borrowings (Note 24) 174,600 232,800
Total 495,339 928,811

20 INVENTORIES

2017 2016
HK$’000 HK$’000
Raw materials 240,717 217,914
Work in progress 7,790 10,091
Finished goods 339,875 219,637
588,382 447,642

Less: Provision for impairment (114,563) (132,003)
473,819 315,639

The cost of inventories recognised as expenses and included in cost of goods sold amounted to
approximately HK$1,628,633,000 (2016: HK$2,149,880,000).

92 ALCO HOLDINGS LIMITED ANNUAL REPORT 2017