Annual Report 2007

Annual Report 2007 年報 119 24. Financial Instruments (Continued) b. Financial risk management objectives and policies (Continued) Foreign currency risks (Continued) Liquidity risk The Group has net current assets amounting to RMB854,051,000 at 31 December 2007 (2006: RMB42,144,000), and has low exposure to liquidity risk of being unable to raise sufficient funds to meet its financial obligations when they fall due. In the management of the liquidity risk, the Group monitors and maintains a level of cash and cash equivalents deemed adequate by the management to finance the Group’s operations and mitigate the effects of fluctuations in cash flows. The following tables detail the Group’s remaining contractual maturity for its non-derivative financial liabilities as at 31 December 2007. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group can be required to pay. The table includes both interest and principal cash flows. Weighted average effective interest rate Less than 3 month 3 month to 1 year Total undiscounted cash flows Carrying amount RMB’000 RMB’000 RMB’000 RMB’000 加權平均 三個月至 未折現現金 實際利率 三個月內 一年 流量總額 賬面值 人民幣千元 人民幣千元 人民幣千元 人民幣千元 As at 31 December 2007 於二零零七年十二月三十一日 Trade and other payables 貿易及其他應收款項 — 50,118 173,700 223,818 223,818 Amounts due to related parties — 5,661 — 5,661 5,661 應付關連人士款項 55,779 173,700 229,479 229,479 As at 31 December 2006 於二零零六年十二月三十一日 Trade and other payables 貿易及其他應付款項 — 39,789 102,233 142,022 142,022 Dividends payable 應派股息 — 236,009 — 236,009 236,009 Amounts due to related parties 應付關連人士款項 fixed interest rate bearing 按固定利率計息 4.6% — 34,765 34,765 33,237 non interest bearing 免息 — 411 — 411 411 276,209 136,998 413,207 411,679 24. 金融工具（續） b. 財 務 風 險 管 理 目 標 及 政策（續） 外幣風險（續） 流動資金風險 本集團於二零零七年十二月三十一日的 流動資產淨額為人民幣 854,051,000 元（二 零零六年：人民幣 42,144,000 元），故因 未能籌募足夠資金清償到期財務責任的 流動資金風險相當低。 為管理流動資金風險，本集團監控及維 持管理層認為足夠的現金及現金等值， 用作本集團的營運資金及減低現金流不 穩定的影響。 下表詳列於二零零七年十二月三十一日 本集團非衍生金融負債的剩餘合約期 限。下表根據本集團須應要求償還金融 負債的最早日期的相關未折現金融負債 現金流編撰，載有利息及本金現金流量。