Page 14 -
P. 14
10. Borrowings
30th September 31st March
2015 2015
HK$’000 HK$’000
Non-current
Bank borrowings, unsecured (Note) 38,800 –
Current
Bank borrowings, unsecured (Note) 157,600 50,000
Total borrowings 196,400 50,000
Note:
The bank borrowings are unsecured and are supported by corporate guarantees given by the
Company (Note 12). The borrowings were denominated in HKD and USD and interest bearing at
a margin over HIBOR or LIBOR.
The maturity of bank borrowings is as follows:
30th September 31st March
2015 2015
HK$’000 HK$’000
Within one year 157,600 50,000
In the second year 19,400 –
In the third year 19,400 –
196,400 50,000
The carrying amounts of the bank borrowings approximated to their fair values.
12 ALCO HOLDINGS LIMITED Interim Report 2015
