Investor Presentaiton
HKAS 1.51(a)
HKAS 1.49
HK Listco Ltd
HKFRS 7.39(a) &
(b)
Financial statements for the year ended 31 December 2023
The following tables show the remaining contractual maturities at the end of the reporting period of the group's non-derivative financial liabilities and derivative financial
liabilities, which are based on contractual undiscounted cash flows (including interest payments computed using contractual rates or, if floating, based on rates current at
the end of the reporting period) and the earliest date the group can be required to pay: 272,273
2022
Contractual undiscounted cash outflow
2023
Contractual undiscounted cash outflow
More than
More than
More than
More than
Within 1 year
1 year but
2 years but
or on
demand
less than
less than
More than
$'000
2 years
$'000
5 years
5 years
Total
$'000
$'000
$'000
Carrying
amount at
31 Dec
$'000
1 year but
2 years but
Carrying
Within 1 year
less than
less than
More than
or on demand
2 years
5 years
5 years
Total
amount at
31 Dec
$'000
$'000
$'000
$'000
$'000
$'000
Sustainability-linked bond.
400
400
1,200
5,400
7,400
5,000
400
400
1,200
5,800
7,800
5,000
Convertible notes
550
10,550
11,100
9,542
550
550
10,550
11,650
9,356
Redeemable preference shares and dividends
payable
200
Bank loans
34,878
200
5,964
4,400
4,800
4,012
200
200
4,600
5,000
4,012
55,087
7,365
103,294
82,635
43,483
3,715
56,718
9,967
113,883
87,602
HKFRS 16.58
Lease liabilities
22,010
23,105
29,360
6,205
80,680
70,292
15,766
16,880
42,674
6,414
81,734
68,473
Loans from fellow subsidiaries
251
242
3,145
3,638
2,665
106
136
150
1,161
1,553
906
Loans from non-controlling shareholders of a
subsidiary.
338
360
3,480
Bills payable, creditors and accrued charges
Amounts due to ultimate holding company
151,413
4,178
151,413
3,000
338
360
3,880
4,578
3,000
151,413
134,507
134,507
134,507
2,000
2,000
2,000
1,800
1,800
1,800
Bank overdrafts
Amounts due to fellow subsidiaries
Interest rate swaps (net settled)
3,650
3,650
3,650
3,780
3,780
3,780
1,266
1,266
1,266
2,789
2,789
2,789
23
29
116
168
128
9
15
51
75
52
216,979
40,850
96,788
18,970
373,587
335,603
203,728
22,256
119,823
23,342
369,149
321,277
Financial guarantee issued:
Maximum amount guaranteed (note 23(a))
200
HKFRS 7.B10A
273
HKFRS 7.B11E-11F
200
6
500
500
8
274
Where quantitative data about exposure to liquidity risk is based on information provided internally to key management personnel (i.e. in accordance with paragraph 34(a) of HKFRS 7) rather than contractual maturities,
paragraph B10A requires an entity to explain how the liquidity risk data are determined. In addition, if the outflows of cash (or another financial asset) included in this liquidity risk data could either:
•
occur significantly earlier than indicated in the data (for example if repayable on demand); or
be for significantly different amounts from those indicated in the data (for example, if a counter-party could demand gross settlement for a derivative that is included in the data on a net settlement basis)
then the entity should state that fact and provide quantitative information that enables users of its financial statements to evaluate the extent of this risk (unless the information has already been provided in the
contractual maturity analysis required by paragraph 39 of HKFRS 7).
Paragraph 39(c) of HKFRS 7 requires an entity to describe how it manages the liquidity risk inherent in the items disclosed in the quantitative liquidity risk disclosures. In this regard, paragraph B11E requires an entity to
disclose a maturity analysis of the financial assets it holds for managing the liquidity risk, if that information is necessary to enable users of its financial statements to evaluate the nature and extent of liquidity risk.
Paragraph B11F lists out other factors that an entity might consider including in this disclosure.
174
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