Old Chang Kee Ltd - Annual Report 2016 - page 132

A N N U A L R E P O R T 2 0 1 6 130
NOTES TO THE
FINANCIAL STATEMENTS
For the Financial Year Ended 31 March 2016
33. Financial risk management objectives and policies (cont’d)
(c) Interest rate risk (cont’d)
The following table sets out the carrying amounts, by maturity, of the Group’s financial instruments that are exposed to interest rate
risk:
Group Note
Within
1 year
1 to 2
years
2 to 3
years
3 to 4
years
4 to 5
years
Over 5
years Total
$’000 $’000 $’000 $’000 $’000 $’000 $’000
2016
Fixed rate
Short-term deposits 21 4,550 – – – – – 4,550
Obligations under finance leases 30(c) (112) (117) (114) (46) – – (389)
Floating rate
Cash at banks 21 14,797 – – – – – 14,797
Bank loans 25 (944) (944) (944) (944) (944) (3,200) (7,920)
2015
Fixed rate
Short-term deposits 21 1,021 – – – – – 1,021
Obligations under finance leases 30(c) (110) (112) (117) (114) (46) – (499)
Floating rate
Cash at banks 21 19,070 – – – – – 19,070
Bank loans 25 (897) (1,234) (1,234) (1,234) (1,234) (2,395) (8,228)
Interests on financial instruments at fixed rates are fixed until the maturity of the instrument. The other financial instruments of the
Group that are not included in the above table are not subject to interest rate risks.