HKSI Institute AR2019

NOTES TO THE FINANCIAL STATEMENTS 財務報表附註 (Expressed in Hong Kong dollars unless otherwise indicated) （除非另有註明，否則均以港幣列示） 110 Hong Kong Securities and Investment Institute Annual Report 2019 17 Financial risk management and fair values (Continued) (b) Liquidity risk The Group’s policy is to regularly monitor its liquidity r equ i r emen t s and i t s comp l i ance wi t h l end i ng covenants, to ensure that it maintains sufficient reserves of cash and readily realisable marketable securities and adequate committed lines of funding from major financial institutions and/or from the subsidiaries to meet its liquidity requirements in the short and longer term. The following table shows the remaining contractual maturities at the end of the reporting period of the Group’s financial liabilities, which are based on contractual undiscounted cash flows (including interest payments computed using contractual rates or, if floating, based on rates current at the end of the reporting period) and the earliest date the Group can be required to pay: Contractual undiscounted cash outflow 訂約未折現現金流量 Within 1 year or on demand Total Carrying amount at 31 March 1 年內或按要求 償還 總額 於三月三十一日 的賬面價值 2019 2019 Accruals and other payables 應計費用及其他應付款 $ 2,112,583 $ 2,112,583 $ 2,112,583 Amount due to HKSAR Government 應付香港特別行政區 政府款項 2,978,296 2,978,296 2,978,296 $ 5,090,879 $ 5,090,879 $ 5,090,879 2018 2018 Accruals and other payables 應計費用及其他應付款 $ 1,747,758 $ 1,747,758 $ 1,747,758 Amount due to HKSAR Government 應付香港特別行政區 政府款項 3,315,913 3,315,913 3,315,913 $ 5,063,671 $ 5,063,671 $ 5,063,671 The e x pe c t ed c on t r a c t ua l c a s h f l ows , on an undiscounted basis, on those financial liabilities are similar to their respective carrying value at the reporting date. 17 金融風險管理和公允價值 （續） (b) 流動資金風險 本集團的政策是定期監察流動資 金需求，以及是否符合借款契諾 的規定，以確保維持充裕的現 金儲備和可供隨時變現的有價 證券，同時獲得大型金融機構 和╱或附屬公司承諾提供足夠的 備用資金，以滿足短期和較長期 的流動資金需求。 下表載列了本集團的金融負債於 報告期末的剩餘合約期限。該等 金融負債是以訂約未折現現金流 量（包括以訂約利率或（如屬浮息） 按於報告期末的利率計算的利息 付款）以及本集團須支付的最早日 期為準。 在未折現的基準下，該等金融負 債的預計訂約現金流與其於報告 日的相應賬面價值相若。