146
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
18 TRADE AND OTHER RECEIVABLES (Continued)
(၁)
Trade debtors that are not impaired (Continued)
Receivables that were overdue but not impaired relate to a number of independent customers that have a good track record with the Group. Based on past experience, management believes that no impairment allowance is necessary in respect of these balances as there has not been a significant change in credit quality and the balances are still considered fully recoverable.
19
CASH AND BANK BALANCES
(a)
Deposits with banks and other financial institutions Cash at bank and in hand
2018
HK$'000
2017
HK$'000
883,967
19,395
1,771,616
20,063
Cash and bank balances in the consolidated statement of
financial position
Less: Bank deposits with maturity over three months at acquisition
903,362 (487,938)
1,791,679
Cash and cash equivalents in the consolidated cash flow statement
415,424
1,791,679
Included in cash and bank balances are the following amounts denominated in a currency other than Hong Kong dollars:
United States dollars
Renminbi
2018
2017
'000
'000
USD
62
USD
4
RMB
46
RMB
44
(b) Major non-cash transactions
During the year ended 31 December 2018, the Group has payable in relation to additions of properties under development for sale of HK$2,317,000 (2017: HK$5,444,000). This addition has no cash flow impact to the Group.
Hong Kong Ferry (Holdings) Company Limited Annual Report 2018
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