Annual Report 2019

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報表附註 FOR THE YEAR ENDED 31ST DECEMBER, 2019 截至二零一九年十二月三十一日止年度 HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 130 17. 貿易及其他應收款項 附註： 結餘包括支付予獨立第三方的預付服務費 21,403,000 港元（將於二零二零年使用）。 本集團給予貿易客戶 5 至 120 日信貸期，且可以 根據特定貿易客戶與本集團之貿易量及過往付 款記錄而予以延長該信貸期。下列為於報告期 末基於發票日期（與各自之收益確認日期相近） 扣除信貸虧損撥備後而呈列之貿易應收款項之 賬齡分析： 在接納任何新顧客前，本集團會採用外部訴訟 搜索，評估每名潛在客戶之信貸質素及為每名 客戶設定信貸限額。顧客之信貸限額及評級會 每月作出檢討。逾期貿易應收款項與近期並無 延期付款記錄之客戶有關。 17. TRADE AND OTHER RECEIVABLES 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 千港元 千港元 Trade receivables 貿易應收款項 149,495 176,499 Less: allowance for credit losses 減：信貸虧損撥備 (2,935) (2,433) 146,560 174,066 Other receivables (note) 其他應收款項（附註） 22,273 809 Total trade and other receivables 貿易及其他應收款項總額 168,833 174,875 Note: Balance included a prepaid service fee to an independent third party amounting to HK$21,403,000, which will be utilised in year 2020. The Group allows credit periods ranging from 5 to 120 days to its trade customers which may be extended to selected trade customers depending on their trade volume and history of settlement with the Group. The following is an aged analysis of trade receivables net of allowance for credit losses presented based on the invoice date, which approximates the respective revenue recognition dates, at the end of the reporting period: 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 千港元 千港元 Within 30 days 30 日內 146,212 172,181 31– 60 days 31 至 60 日 348 1,480 61–90 days 61 至 90 日 — 405 146,560 174,066 Before accepting any new customer, the Group uses an external litigation search to assess the potential customer’s credit quality and defines credit limits on a customer-by-customer basis. Limits and scoring attributed to customers are reviewed monthly. Trade receivables that are past due relate to customers for whom there was no recent history of default.