貿易通 2021 年年報

206 Tradelink Electronic Commerce Limited Annual Report 2021 Notes to the Financial Statements (Continued) 財務報表附註（續） 25 財務風險管理及公允價值 （續） (b) 流動資金風險 本集團的所有現金管理工作（包括現金 盈餘的短期投資及籌借貸款（如有需 要）以應付預期現金需求）均由本公司 中央管理。本集團的政策是定期監察 即期及預期流動資金需求以及其對借 貸契諾的遵行情況，確保其備有充裕 的現金儲備與可變現有價證券，以及 從主要財務機構取得足夠的承諾信貸 融資，以應付其短期及長期流動資金 需求。 於二零二一年十二月三十一日，本集 團的流動負債為港幣 181,599,000 元。 除合約負債港幣 14,939,000 元外， 附註 20 所示的所有應付賬款及其他應 付款項港幣 160,248,000 元，須於下一 個財政年度內到期或按要求償還。本 集團將以內部資源處理此合約到期日 固有的短期流動資金需要。 (c) 利率風險 利率風險為金融工具的公允價值或未 來現金流量將因市場利率變動而波 動的風險。本集團的利率風險主要 來自其於固定收入債務證券的投資 （ 附註 17 ）及浮息銀行結餘，其令本集 團須承受公允價值利率風險及現金流 量利率風險。 敏感度分析 於二零二一年十二月三十一日，據本 集團估計，如利率整體上調╱下調 50 個基點，而所有其他不定因素維持不 變，將令本集團的除稅後溢利及保留 溢利增加╱減少約港幣 3,728,000 元（二 零二零年：港幣 4,001,000 元）。綜合權 益內的公允價值儲備將因而減少╱增 加約港幣 129,000 元（二零二零年：港 幣 565,000 元）。 25 Financial risk management and fair values (Continued) (b) Liquidity risk All cash management of the Group, including the short term investment of cash surpluses and raising of loans, if needed, to cover expected cash demands, are managed centrally by the Company. The Group’s policy is to regularly monitor current and expected liquidity requirements and its compliance with lending covenants, to ensure that it maintains sufficient reserves of cash and readily realisable marketable securities and adequate committed lines of funding from major financial institutions to meet its liquidity requirements in the short and longer term. At 31 December 2021, the Group’s current liabilities was HK$181,599,000. Except for contract liabilities of HK$14,939,000, all trade creditors and other payables of HK$160,248,000 as indicated in Note 20 , were due to be repaid during the next financial year or repayable upon demand. The Group will address the short-term liquidity requirement inherent in this contractual maturity date with internal resources. (c) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Group’s interest rate risk arises primarily from investments in fixed income debt securities (Note 17) and floating rate bank balances, which expose the Group to fair value interest rate risk and cash flow interest rate risk. Sensitivity analysis At 31 December 2021, it is estimated that a general increase/ decrease of 50 basis points in interest rates, with all other variables held constant, would increase/decrease the Group’s profit after tax and retained profits by approximately HK$3,728,000 (2020: HK$4,001,000). The fair value reserve in the consolidated equity would decrease/increase by approximately HK$129,000 (2020: HK$565,000) in response.