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Notes to the Consolidated Financial Statements

31st March 2017

23 TRADE AND OTHER PAYABLES (CONTINUED)

At 31st March 2017 and 2016, the ageing analysis of the trade payables based on invoice date is as
follows:

2017 2016
HK$’000 HK$’000

0 – 30 days 215,469 267,298
31 – 60 days 28,703 15,193
61 – 90 days 1,650 3,317
Over 90 days 4,585 4,647

250,407 290,455

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

2017 2016
HK$’000 HK$’000

HKD 154,665 225,577
USD 95,229 64,820
Euro 421 –
Others 92 58

250,407 290,455

24 BORROWINGS

2017 2016
HK$’000 HK$’000
Non-current
Bank borrowings, unsecured (Note) 58,200 223,100

Current
Bank borrowings, unsecured (Note) 116,400 9,700
Total borrowings 174,600 232,800

Note:

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

96 ALCO HOLDINGS LIMITED ANNUAL REPORT 2017