Annual Report 2009

Sunny Optical Technology (Group) Company Limited 舜宇光學科技（集團）有限公司 / Annual Report 2009 年報 27 Management Discussion and Analysis 管理層討論與分析 Financing Activities The Group also recorded a net cash outflow from financing activities of approximately RMB7.2 million for the financial year 2009. The inflow mainly came from new bank borrowings raised of approximately RMB46.9 million. Major outflows were the repayment of borrowings of approximately RMB30.3 million and dividend paid to shareholders of approximately RMB20.0 million as declared in the previous years. Capital Expenditure For the year ended 31 December 2009, capital expenditure of the Group amounted to approximately RMB75.7 million for the purchase of property, plant, equipment and other tangible assets. All of the capital expenditure was financed by internal resources. Capital Structure Indebtedness Borrowings Bank loans of the Group as of 31 December 2009 amounted to approximately RMB55.9 million (2008: approximately RMB35.5 million), all of which were secured bank loans. During the year, one of the loans in the amount of approximately RMB23.1 million bears a fixed interest rate of 2.90% and will be repayable in 2010. The proceed was used to finance the daily operation of the Group. Pledged bank deposit amounting to approximately RMB19.2 million was arranged in the year 2009. As of 31 December 2009, among all of the bank loans, approximately RMB34.9 million were denominated in Korean Won, approximately RMB12.3 million were denominated in Hong Kong Dollars, approximately RMB5.0 million were denominated in Japanese Yen, while approximately RMB3.7 million were denominated in U.S. Dollars. The gearing ratio of the Group by reference to the total debt to total book capitalization ratio (with total book capitalization representing the sum of total liabilities and shareholders’ equity) was approximately 3.1%, reflecting the Group’s financial position was at a sound level. Bank facilities As of 31 December 2009, the Group had unutilized banking facilities of RMB250.0 million with Yuyao Branch of Agricultural Bank of China, RMB130.0 million with Yuyao Branch of China CITIC Bank and RMB55.0 million with Yuyao Branch of Bank of Ningbo. 融資活動 本集團於二零零九年財政年度的融資活動所用現 金淨額約人民幣 7,200,000 元，流入現金主要來 自新增銀行借貸約人民幣 46,900,000 元，而主要 流出則是償還借貸約人民幣 30,300,000 元及向股 東派付於過往年度所宣派共約人民幣 20,000,000 元的股息。 資本開支 截至二零零九年十二月三十一日止年度期間，本 集團的資本開支約為人民幣 75,700,000 元。資本 開支主要用作購置物業、機器及設備和其他有形 資產。所有資本開支均來源於內部資源。 資本結構 債務 借貸 於二零零九年十二月三十一日，本集團的銀行 貸款約為人民幣 55,900,000 元（二零零八年：約 為人民幣 35,500,000 元），全部為有抵押銀行貸 款。於年內，約人民幣 23,100,000 元的借貸款項 的利率為固定利率 2.90% ，並將於二零一零年償 還。該筆款項用作本集團日常營運的開支。本集 團在二零零九年安排的有抵押銀行存款約為人民 幣 19,200,000 元。 於二零零九年十二月三十一日，在所有銀行貸款 當中，以韓圜結算的貸款約為人民幣 34,900,000 元、以港元結算的貸款約為人民幣 12,300,000 元、以日圓結算的貸款約為人民幣 5,000,000 元、以美元結算的貸款約為人民幣 3,700,000 元。本集團的負債比率是指總借款佔總資本的 比例（總資本為總負債與股東權益之和）約為 3.1% ，反映出本集團財務狀況處於十分穩健的水 平。 銀行授信 於二零零九年十二月三十一日，本集團於中 國農業銀行餘姚支行的銀行授信為人民幣 250,000,000 元，於中信銀行餘姚支行的銀行授 信為人民幣 130,000,000 元及於寧波銀行餘姚支 行的銀行授信為人民幣 55,000,000 元。