Annual Report 2019

160 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED Notes to the Consolidated Financial Statements For the year ended 31 December 2019 3. FINANCIAL RISK MANAGEMENT (CONTINUED) 3.1 Financial risk factors (continued) (ii) Credit risk and impairment assessment (continued) Notes: (a) For the trade debtors, the Group applied the simplified approach in HKFRS 9 to measure loss allowance at lifetime ECL. Except for debtors with significant outstanding balances, the Group determines the expected credit losses on these items by internal credit rating with appropriate groupings. (b) For the purposes of internal credit risk management, the Group uses past due information to assess whether credit risk has increased significantly since initial recognition. Not past due/ no fixed Past due repayment terms Total HK$’million HK$’million HK$’million 2019 Amounts due from fellow subsidiaries — 10 10 Amounts due from associates — 134 134 Advance to an associate — 11 11 Amounts due from joint ventures — 2 2 Advance to a joint venture — 905 905 Dividend receivables — 498 498 Other debtors 38 1,761 1,799 Cash and bank balances — 7,800 7,800 2018 Amounts due from fellow subsidiaries — 12 12 Amounts due from associates — 136 136 Advance to an associate — 11 11 Amounts due from joint ventures — 19 19 Advance to a joint venture — 895 895 Amount due from a related party — 1,183 1,183 Dividend receivables — 297 297 Other debtors 39 573 612 Cash and bank balances — 7,175 7,175 (c) For financial guarantee contracts, the gross carrying amount represents the maximum amount the Group has guaranteed under the respective contracts.