Annual Report 2019

222 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2019 FOR THE YEAR ENDED 31 DECEMBER 2019 截至二零一九年十二月三十一日止年度 Notes to the Consolidated Financial Statements 綜合財務報表附註 30. CONTRACT LIABILITIES 31/12/2019 31/12/2018 二零一九年 十二月三十一日 二零一八年 十二月三十一日 RMB’ 000 RMB’ 000 人民幣千元 人民幣千元 Advance from customers 客戶墊付款項 83,202 110,281 As at 1 January 2018, contract liabilities amounted to RMB76,050,000. The contract liability is the consideration received from the customers which represents the Group’s remaining obligation to transfer goods to customers. All the contract liabilities at the beginning of the period have been realised to revenue in the reporting period and no revenue recognised in the reporting period from the performance obligations satisfied in previous periods. 31. BANK BORROWINGS Unsecured 無抵押 31/12/2019 31/12/2018 二零一九年 十二月三十一日 二零一八年 十二月三十一日 RMB’ 000 RMB’ 000 人民幣千元 人民幣千元 Guaranteed 有擔保 700,000 700,000 Unguaranteed 無擔保 418,572 782,405 1,118,572 1,482,405 The exposure of the Group’s bank borrowings are as follows: 31/12/2019 31/12/2018 二零一九年 十二月三十一日 二零一八年 十二月三十一日 RMB’ 000 RMB’ 000 人民幣千元 人民幣千元 Fixed-rate borrowings 固定利率借貸 418,572 – Variable-rate borrowings 可變利率借貸 700,000 1,482,405 1,118,572 1,482,405 The above bank borrowings are repayable within one year. 30. 合約負債 於二零一八年一月一日，合約負債為人民 幣 76,050,000 元。 合約負債指本集團已從客戶收取有關尚未 履行向客戶轉移貨品義務的代價。期初的 所有合約負債對應的履約義務均於報告期 內完成，收入得以確認，且本報告期確認 的收入中不包含任何往期已經實現的履約 義務。 31. 銀行借貸 本集團的銀行借貸風險如下： 上述銀行借貸須於一年內償還。