| 時間：2020年12月24日 14:41:14 中財網 |
原標題:IBI Group Hldgs:中期報告2020/2021
IBI Group Holdings Limited
(incorporated in the Cayman Islands with limited liability)
（於開曼群島註冊成立的有限公司）
(Stock Code 股份代號：1547)
Interim Report 中期報告
2020/2021
CONTENTS目錄
Financial Highlights 2財務摘要
Corporate Information 3公司資料
Chairman’s Statement 5主席報告
Management Discussion and Analysis 9管理層討論及分析
Condensed Consolidated Statement of 16簡明綜合損益及其他全面收益表
Profit or Loss and Other Comprehensive Income
Condensed Consolidated Statement of 17簡明綜合財務狀況表
Financial Position
Condensed Consolidated Statement of 18簡明綜合權益變動表
Changes in Equity
Condensed Consolidated Statement of 19簡明綜合現金流量表
Cash Flows
Notes to the Condensed Consolidated 21簡明綜合中期財務報表附註
Interim Financial Statements
Other Information 37其他資料
FINANCIAL HIGHLIGHTS
財務摘要
Six months ended
30 September
截至九月三十日止六個月
2020 2019 Increase/
二零二零年二零一九年
(decrease)
HK$ million HK$ million增加
╱（減少）
百萬港元百萬港元
Results (Unaudited) (Unaudited)
業績（未經審核）（未經審核）
Revenue and other gains/(losses)收益及其他收益
╱（虧損）
258.5 322.2 (19.8)%
Gross profit毛利
20.8 31.1 (33.4)%
Profit before income tax expense除所得稅開支前溢利
12.4 18.3 (32.4)%
Profit attributable to the owners 本公司擁有人應佔期內溢利
of the Company for the period10.7 15.4 (30.1)%
Basic and diluted earnings per share 每股基本及攤薄盈利
(HK cents)（港仙）
1.3 1.9 (31.6)%
As at As at
30 September 31 March Increase/
2020 2020 (decrease)
於二零二零年於二零二零年
九月三十日三月三十一日增加
╱（減少）
HK$ million HK$ million
百萬港元百萬港元
Financial Position (Unaudited) (Audited)
財務狀況（未經審核）（經審核）
Total assets總資產
388.5 399.3 (2.7)%
Total bank borrowings銀行借款總額
– – 0%
Shareholders』 equity股東權益
145.9 135.1 8.0%
Current ratio and quick ratio (times)流動比率及速動比率（倍）
1.3 1.5 (13.3)%
IBI Group Holdings Limited
Interim Report 2020/2021
CorporATe INFormATIoN
公司資料
BoARd oF diRectoRS
executive directors
Mr. Neil David Howard (chairman and chief executive officer)
Mr. Steven Paul Smithers
independent Non-executive directors
Mr. Richard Gareth Williams
Mr. Robert Peter Andrews
Mr. David John Kennedy
comPANy SecRetARy
Mr. Yun Wah Man ACIS, ACS, MCG
AUdit committee
Mr. David John Kennedy (chairman)
Mr. Richard Gareth Williams
Mr. Robert Peter Andrews
NomiNAtioN committee
Mr. Neil David Howard (chairman)
Mr. Steven Paul Smithers
Mr. David John Kennedy
Mr. Robert Peter Andrews
Mr. Richard Gareth Williams
RemUNeRAtioN committee
Mr. Robert Peter Andrews (chairman)
Mr. David John Kennedy
Mr. Richard Gareth Williams
Mr. Neil David Howard
Mr. Steven Paul Smithers
AUtHoRiSed RePReSeNtAtiveS
Mr. Neil David Howard
Mr. Steven Paul Smithers
AUditoRS
BDO Limited
董事會
執行董事
Neil David Howard先生（主席兼行政總裁）
Steven Paul Smithers先生
獨立非執行董事
Richard Gareth Williams先生
Robert Peter Andrews先生
David John Kennedy先生
公司秘書
文潤華先生
ACIS, ACS, MCG
審核委員會
David John Kennedy先生（主席）
Richard Gareth Williams先生
Robert Peter Andrews先生
提名委員會
Neil David Howard先生（主席）
Steven Paul Smithers先生
David John Kennedy先生
Robert Peter Andrews先生
Richard Gareth Williams先生
薪酬委員會
Robert Peter Andrews先生（主席）
David John Kennedy先生
Richard Gareth Williams先生
Neil David Howard先生
Steven Paul Smithers先生
授權代表
Neil David Howard先生
Steven Paul Smithers先生
核數師
香港立信德豪會計師事務所有限公司
IBI Group Holdings Limited
2020/2021中期報告
CorporATe INFormATIoN
公司資料
RegiSteRed oFFice
190 Elgin Avenue, George Town
Grand Cayman
KY1-9007
Cayman Islands
HeAdqUARteRS ANd PRiNciPAl PlAce oF
BUSiNeSS iN HoNg KoNg
3/F, Bangkok Bank Building
18 Bonham Strand West
Hong Kong
PRiNciPAl BANKeR
Shanghai Commercial Bank Limited
Shanghai Commercial Bank Tower
12 Queen’s Road Central
Hong Kong
PRiNciPAl SHARe RegiStRAR ANd
tRANSFeR oFFice
Intertrust Corporate Services (Cayman) Limited
190 Elgin Avenue, George Town
Grand Cayman
KY1-9007
Cayman Islands
HoNg KoNg BRANcH SHARe RegiStRAR
ANd tRANSFeR oFFice
Tricor Investor Services Limited
Level 54, Hopewell Centre
183 Queen’s Road East
Hong Kong
PlAce oF liStiNg
The Stock Exchange of Hong Kong Limited
StocK code
1547
comPANy』S WeBSite
www.ibighl.com
IBI Group Holdings Limited
4
Interim Report 2020/2021
註冊辦事處
190 Elgin Avenue, George Town
Grand Cayman
KY1-9007
Cayman Islands
總部及香港主要營業地點
香港
文鹹西街
18號
盤谷銀行大廈
3樓
主要往來銀行
上海商業銀行有限公司
香港
皇后大道中
12號
上海商業銀行大廈
股份過戶登記總處
Intertrust Corporate Services (Cayman) Limited
190 Elgin Avenue, George Town
Grand Cayman
KY1-9007
Cayman Islands
香港股份過戶登記分處
卓佳證券登記有限公司
香港
皇后大道東
183號
合和中心
54樓
上市地
香港聯合交易所有限公司
股份代號
1547
公司網站
www.ibighl.com
CHAIrmAN』S STATemeNT
主席報告
Dear Shareholders,
On behalf of the board (the 「Board」) of directors (the 「directors」),
I am pleased to present the unaudited condensed interim report of
IBI Group Holdings Limited (the 「company」) together with its
subsidiaries (the 「group」) for the six months ended 30 September
2020.
comPANy oveRvieW
Established in 1997, the Group is primarily a building contractor
focusing on providing renovation services as a main contractor for
the property sector in both Hong Kong and Macau. Our two main
types of projects are fitting-out projects and alteration and addition
(「A&A」) projects.
Our major customers include a number of highly reputable
organisations and commercial enterprises in the private sector in
Hong Kong and Macau including multi-national banks, property
developers, accountancy and legal firms, hotel and casino ventures
and food and beverage operators.
The Group’s competitive strengths have driven our growth in
revenue and gross profits and distinguish us from our competitors.
We believe our key competitive strengths lie in three key specific
areas of the business namely,
i.
an established reputation and proven track record;
ii.
implementation, management and execution expertise; and
iii.
commitment to the management of risk, cash flow and
general financial security.
More recently, the Group has diversified it’s offering with the
following subsidiaries:
1.
Building Solutions Limited is a company specialising in
providing innovative and impactful solutions for the built
environment. Building Solutions Limited offers highly tailored
services with a heavy focus on air quality monitoring and
commercial grade air treatment systems; and
2.
IBI Investment Holdings Limited is a company formed this
year and whose focus is making investments in well managed
companies whose focus is underpinned by a passion for
innovation and a constant drive for efficiency. Using existing
funds within the Group, we will look to make meaningful
investments in companies who’s philosophy matches that of
our existing companies and businesses.
各位股東：
本人欣然代表董事（「董事」）會（「董事會」）提呈
IBI
Group Holdings Limited（「本公司」）連同其附屬公司（「本
集團」）截至二零二零年九月三十日止六個月的未經審核
簡明中期報告。
公司概覽
本集團於一九九七年成立，為主要專注於提供翻新服務
的建築承建商，擔任香港及澳門物業項目的總承建商。
我們的兩大類項目為裝修項目以及改建及加建（「A&A」）
項目。
我們的主要客戶為多家香港及澳門知名私營組織及商業
企業，包括跨國銀行、物業發展商、會計師行與律師
行、酒店及賭場營運商以及餐飲營運商。
本集團的競爭優勢推動收益及毛利增長，並使我們從競
爭對手中脫穎而出。我們相信本身的主要競爭優勢側重
三個主要特定業務方面：
i.
良好聲譽及彪炳往績；
ii.
實施、管理及執行專業知識；及
iii.
致力於管理風險、現金流量及整體財務保障。
最近，本集團已通過以下附屬公司擴大其產品供應範
圍：
1.
Building Solutions Limited為一間專注於為建築環
境提供創新及具影響力解決方案的公司。
Building
Solutions Limited提供高度定製化服務，專注於空
氣質量監控及商業級空氣處理系統；及
2.
IBI Investment Holdings Limited為一家於今年成立
的公司，專注於對經營良好的公司進行投資，該
等公司的核心以對創新的熱情及效率的不斷提升
為基礎。我們將利用本集團內部的現有資金以期
對其理念與我們現有公司及業務相匹配的公司進
行有意義投資。
IBI Group Holdings Limited
2020/2021中期報告
CHAIrmAN』S STATemeNT
主席報告
BUSiNeSS RevieW
For the six months ended 30 September 2020, the Company
recorded profit attributable to the owners of the Company after tax
of approximately HK$10.7 million, representing a decrease of
approximately 30.1% over the same period in the previous financial
year. During the six months ended 30 September 2020, the Group
had completed seven projects and has been awarded five projects,
of which four are fitting-out projects and one is an A&A project.
For the six months ended 30 September 2020, the Company had
achieved revenue and other gains/(losses) of approximately
HK$258.5 million which was HK$63.7 million or 19.8% lower than
that achieved during the corresponding period in 2019. Our gross
profit amounted to approximately HK$20.8 million for the six
months ended 30 September 2020, representing a drop of
approximately HK$10.4 million or 33.4% from the same period last
year.
mARKet RevieW
contracting
Hong Kong
The Hong Kong market has been impacted by the fall-out from the
COVID-19 pandemic and as a result, the number and size of
projects coming to market has significantly reduced.
The Group has secured work during the period and our project
teams have been busy completing a number of highly challenging
projects. Completing such projects during this period has placed a
number of additional demands on our teams as they deal with
enhanced health and safety protocols enforced by clients as well as
the added complications of working with teams that often, have not
been allowed to physically meet.
In addition to dealing with work related demands, our staff have
had to manage their own personal situations in around periods of
school closures, working from home and increased concerns for
the health of family members. We are very grateful to our colleagues
for the commitment they have shown during the period and the
manner in which they have dealt with these unprecedented
challenges.
業務回顧
截至二零二零年九月三十日止六個月，本公司錄得稅後
本公司擁有人應佔溢利約
10.7百萬港元，較上一財政年
度同期減少約
30.1%。截至二零二零年九月三十日止六
個月，本集團已完成七個項目，並獲授五個項目，包括
四個裝修項目及一個
A&A項目。
於截至二零二零年九月三十日止六個月，本公司錄得收
益及其他收益╱（虧損）約
258.5百萬港元，較二零一九
年同期減少
63.7百萬港元或
19.8%。截至二零二零年九
月三十日止六個月，毛利約為
20.8百萬港元，較去年同
期下跌約
10.4百萬港元或
33.4%。
市場回顧
承建
香港
香港市場受
COVID-19疫情的影響而下滑，因此，投向
市場的項目數量及規模大幅降低。
本集團於期內獲授新項目且我們的項目團隊一直忙於完
成若干極具挑戰性的項目。於此期間完成該等項目對我
們的團隊衍生了更多額外要求，原因在於彼等處理客戶
強制要求的更高的健康及安全協定以及與通常不能直接
會面的團隊合作的額外複雜性。
在處理與工作相關的要求之餘，我們的員工需要於學校
關閉、居家辦公及對家庭成員健康的關注提高的期間內
管理彼等自身的個人情況。我們非常感激各同僚於期間
內所展現出的投入精神及彼等處理該等前所未有的挑戰
的方式。
IBI Group Holdings Limited
Interim Report 2020/2021
CHAIrmAN』S STATemeNT
主席報告
Macau
Early in 2020, Macau enforced a strict travel ban as a result of the
COVID-19 pandemic. Whilst keeping their population safe, the ban
decimated the hotel and casino sector and reduced their desire to
spend on property renovation works.
The impact on our Macau business was immediate and our ability
to win new work was severely curtailed. Our team spent a number
of months completing existing work and then where possible, were
relocated back to Hong Kong.
The travel ban between Macau and Mainland China has now been
relaxed and trade is beginning to return. We are keeping in close
contact with our clients throughout this period and will look to restart
our operations at the earliest opportunity. Until such time
however, our Macau business will not contribute to our revenue.
Building Solutions
Since the formation of this business earlier in 2020, we have made
significant progress refining our offering and securing distribution
arrangements with international manufacturers.
At the time of this report, we have secured four separate
distribution agreements for the Asia region and have begun
marketing these products to potential Hong Kong clients. To date,
we have received positive responses from our discussions and
believe that our philosophy of only representing high quality science
based solutions will resonate well with our clients.
We look forward to the continued growth of this enterprise and
expect that it will begin to contribute to the results of the Group in
2021.
investment Holdings
The Group has initially taken advantage of the historic lows in the
share prices of many high quality business as a result of the impact
from COVID-19. The Group’s initial purchases have been limited to
large blue chip organisations who have a history of issuing
dividends and who have the financial strength to outlast the
negative impact of the virus pandemic.
Moving forward, we will focus our efforts on identifying investments
in the built environment with companies who are leading their field
in building innovation, technology and conservation. These
investments will compliment the existing businesses, bring us a
greater geographical reach and, add a significant growth
opportunity for the Group as a whole.
澳門
二零二零年年初，由於
COVID-19疫情，澳門強制執行
嚴格的旅行禁令。有關禁令在保證人民安全的同時，令
酒店及博彩業嚴重受挫並削弱了彼等對物業翻新工程支
出的意願。
對我們澳門業務的影響立竿見影且我們獲得新工程的能
力嚴重受限。我們的團隊花費數月完成現有工程，隨後
在可行時遷回香港。
澳門與中國內地的旅行禁令目前已放鬆及貿易活動開始
恢復。我們於此期間保持與客戶的密切聯絡並將尋求盡
早重啟業務營運的機會。然而，直至此時，我們的澳門
業務未能向我們貢獻收入。
Building Solutions
自該業務於二零二零年年初成立以來，我們已在完善我
們的產品供應方面取得明顯進展並與國際製造商訂立分
銷安排。
於本報告日期，我們已取得四份獨立的亞洲區分銷協議
並開始向潛在香港客戶推廣該等產品。直至今日，我們
已通過討論收到積極響應並相信我們只代表高質量科學
解決方案的理念將與我們的客戶產生共鳴。
我們期待該企業的持續發展並預計其將於二零二一年開
始為本集團貢獻業績。
投資控股
本集團起初自許多優質企業的股價因受到
COVID-19的
影響而達致歷史低位中獲益。本集團的初始投資僅限於
具有發放股息記錄且具備抵禦疫情帶來的負面影響的財
務實力的大型藍籌機構。
展望未來，我們將集中精力在建築環境中物色在建築創
新、技術和環保領域處於領先地位的公司作出投資。該
等投資將補充現有業務，為我們帶來更大的地域覆蓋範
圍及為本集團整體帶來重大發展機遇。
IBI Group Holdings Limited
2020/2021中期報告
CHAIrmAN』S STATemeNT
主席報告
oUtlooK
As of November 2020, we are beginning to hear encouraging
reports regarding the development of vaccines and their successful
completion of final phase trials. We believe that once such vaccines
are fully approved and start to be administered in a meaningful way,
business sentiment will rebound strongly and improved results will
follow.
APPReciAtioN
I am very grateful to my colleagues for their tenacity during this
period and their commitment to both the Company and their
specific roles. It has been extremely difficult to operate at normal
levels in this year however everyone has worked diligently and with
heart and I look forward to a bright future with them as we move
into 2021.
On behalf of the Board
Neil david Howard
Chairman
Hong Kong, 26 November 2020
展望
截至二零二零年十一月，我們開始聽聞有關疫苗開發及
彼等成功完成最後階段試驗的振奮人心的報道。我們相
信，一旦有關疫苗獲完全批准並開始大規模地接種，商
業氣氛將會強勁反彈，進而業績得以提升。
致謝
本人由衷感謝各同僚於此期間堅韌不拔，對本公司及其
自身職務恪盡職守。今年實難維持正常運營水平，惟各
位勤勤懇懇且全心全意。本人期待二零二一年攜手共創
美好未來。
代表董事會
主席
Neil david Howard
香港，二零二零年十一月二十六日
IBI Group Holdings Limited
Interim Report 2020/2021
mANAGemeNT DISCUSSIoN AND ANALYSIS
管理層討論及分析
FiNANciAl RevieW 財務回顧
Revenue and other gain/(loss), gross profit and gross 收益及其他收益
╱（虧損）、毛利及毛利率
profit margin
Contracting 承建
The Group is primarily a building contractor focusing on providing 本集團主要為專注於提供翻新服務的建築承建商，擔任
renovation services as a main contractor for property projects in the 香港及澳門私營機構物業項目的總承建商。我們的兩大
private sector in Hong Kong and Macau. Our two main types of 類項目為
(i)裝修項目；及
(ii)A&A項目。
projects are (i) fitting-out projects, and (ii) A&A projects.
Revenue by geographical location of projects 按項目地點劃分的收益
Six months ended 30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 % of revenue HK$』000 % of revenue
千港元佔收益百分比千港元佔收益百分比
(Unaudited)
(Unaudited)
（未經審核）
（未經審核）
Hong Kong香港
261,456 100.0% 290,619 90.2%
Macau澳門
9 0.0% 31,573 9.8%
261,465 100.0%
322,192 100.0%
total總計
Revenue by type of projects 按項目種類劃分的收益
Six months ended 30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 % of revenue HK$』000 % of revenue
千港元佔收益百分比千港元佔收益百分比
(Unaudited)
(Unaudited)
（未經審核）
（未經審核）
Fitting-out projects裝修項目
254,512 97.3% 298,612 92.7%
A&A projects A&A項目
6,953 2.7% 23,580 7.3%
total總計
322,192 100.0%
261,465 100.0%
The Group’s revenue from contracting for the six months ended 30
September 2020 was approximately HK$261.5 million, which
represented a decrease of approximately HK$60.7 million or
approximately 18.8% over the last corresponding period. The
Group’s revenue had decreased mainly attributable to (i) decrease
in number of sizeable projects available within the market during
the period as a result of the impact of COVID-19 and (ii) the slowing
down of the Macau market.
本集團截至二零二零年九月三十日止六個月的承建收益
約為
261.5百萬港元，較去年同期減少約
60.7百萬港元
或約
18.8%。本集團收益減少主要歸因於
(i)期內因
COVID-19影響導致市場的大型項目數目減少及
(ii)澳門
市場放緩。
IBI Group Holdings Limited
2020/2021中期報告
mANAGemeNT DISCUSSIoN AND ANALYSIS
管理層討論及分析
FiNANciAl RevieW (coNtiNUed)
Revenue and other gain/(loss), gross profit and gross
profit margin (continued)
Contracting (Continued)
Revenue by type of projects (Continued)
The Group’s gross profit from contracting business decreased by
approximately HK$6.8 million or 21.8% from approximately
HK$31.1 million for the six months ended 30 September 2019 to
approximately HK$24.4 million for the six months ended 30
September 2020. The Group’s gross profit margin for the six
months ended 30 September 2020 decreased to approximately
9.3% from approximately 9.7% for the six months ended 30
September 2019. The decrease in gross profit was in line with the
decrease in revenue and the decrease in gross profit margin was
mainly due to projects with more competitive margin awarded
during the six months ended 30 September 2020.
Investment Holdings
During the six months ended 30 September 2020, the Group
received dividends from financial assets at fair value through profit
or loss (「FvtPl」) of approximately HK$0.4 million and recognised
a net unrealised loss on financial assets at FVTPL of approximately
HK$3.4 million.
Administrative and other operating expenses
The administrative and other operating expenses for the six months
ended 30 September 2020 were approximately HK$12.3 million,
representing a decrease of approximately HK$0.9 million or
approximately 6.5% from approximately HK$13.2 million for the six
months ended 30 September 2019. The slight decrease was
mainly due to effective cost control.
Profit for the period
The Group’s profit attributable to the owners of the Company for
the six months ended 30 September 2020 amounted to
approximately HK$10.7 million, representing a decrease of
approximately HK$4.6 million or approximately 30.1% as compared
with approximately HK$15.4 million for the six months ended 30
September 2019. Such decrease was mainly due to the decrease
in revenue as mentioned above and the net unrealised losses on
the financial assets at FVTPL recorded in other gains and losses.
IBI Group Holdings Limited
Interim Report 2020/2021
財務回顧（續）
收益及其他收益╱（虧損）、毛利及毛利率（續）
承建（續）
按項目種類劃分的收益（續）
本集團承建業務的毛利由截至二零一九年九月三十日止
六個月約
31.1百萬港元減少約
6.8百萬港元或
21.8%至
截至二零二零年九月三十日止六個月約
24.4百萬港元。
本集團截至二零二零年九月三十日止六個月的毛利率由
截至二零一九年九月三十日止六個月約
9.7%減至約
9.3%。毛利減少與收益減少一致，而毛利率的減少主
要由於截至二零二零年九月三十日止六個月獲授項目的
利潤率較低所致。
投資控股
截至二零二零年九月三十日止六個月，本集團自按公平
值計入損益（「按公平值計入損益」）的金融資產獲得股息
約
0.4百萬港元，並確認按公平值計入損益的金融資產
之未變現虧損淨額約
3.4百萬港元。
行政及其他經營開支
截至二零二零年九月三十日止六個月的行政及其他經營
開支約為
12.3百萬港元，較截至二零一九年九月三十日
止六個月約
13.2百萬港元減少約
0.9百萬港元或約
6.5%。該輕微減少乃主要因實行有效的成本控制所致。
期內溢利
本集團截至二零二零年九月三十日止六個月的本公司擁
有人應佔溢利約為
10.7百萬港元，較截至二零一九年九
月三十日止六個月約
15.4百萬港元減少約
4.6百萬港元
或約
30.1%。有關減少主要由於上述的收益減少及於其
他收益及虧損錄得按公平值計入損益的金融資產之未變
現虧損淨額所致。
mANAGemeNT DISCUSSIoN AND ANALYSIS
管理層討論及分析
FiNANciAl RevieW (coNtiNUed)
Bank borrowings
As at 30 September 2020 and 31 March 2020, the Group had no
bank borrowings. No financial instruments were used for hedging
purposes, nor were there any foreign currency net investments
hedged by current borrowings and/or other hedging instruments.
liquidity and financial resources
As at 30 September 2020, the Group had current assets of
approximately HK$317.0 million (as at 31 March 2020: HK$381.2
million) which approximately HK$111.4 million was cash and cash
equivalents (as at 31 March 2020: HK$195.7 million), mainly
denominated in Hong Kong dollars. As at 30 September 2020, the
Group had non-current liabilities of approximately HK$1.9 million (as
at 31 March 2020: HK$3.1 million), and its current liabilities
amounted to approximately HK$240.9 million (as at 31 March
2020: HK$261.1 million), consisting mainly of payables arising from
the normal course of operation. Accordingly, the current ratio,
being the ratio of current assets to current liabilities, was around 1.3
as at 30 September 2020 (as at 31 March 2020: 1.5).
gearing ratio
The gearing ratio of the Group is defined as a percentage of total
borrowings at the end of the reporting period divided by total equity
at the end of the reporting period. As at 30 September 2020, the
gearing ratio was 3.0% (as at 31 March 2020: 4.1%). Total debts
include lease liabilities.
treasury policies
The Group has adopted a prudent financial management approach
towards its treasury policies and thus maintained a healthy liquidity
position throughout the period under review. The Group strives to
reduce exposure to credit risk by performing ongoing credit
assessments and evaluations of the financial status of its
customers. To manage liquidity risk, the Board closely monitors the
Group’s liquidity position to ensure that the liquidity structure of the
Group’s assets, liabilities and other commitments can meet its
funding requirements from time to time.
財務回顧（續）
銀行借款
於二零二零年九月三十日及二零二零年三月三十一日，
本集團並無任何銀行借款。概無利用金融工具進行對
沖，亦無任何以即期借款及╱或其他對沖工具對沖的外
幣淨投資。
流動資金及財務資源
於二零二零年九月三十日，本集團有流動資產約
317.0
百萬港元（於二零二零年三月三十一日：
381.2百萬港
元），包括主要以港元計值的現金及現金等價物約
111.4
百萬港元（於二零二零年三月三十一日：
195.7百萬港
元）。於二零二零年九月三十日，本集團有非流動負債
約
1.9百萬港元（於二零二零年三月三十一日：
3.1百萬
港元），而其流動負債則約為
240.9百萬港元（於二零二
零年三月三十一日：
261.1百萬港元），主要為日常營運
中產生的應付款項。因此，於二零二零年九月三十日的
流動比率（即流動資產相對流動負債的比率）約為
1.3（於
二零二零年三月三十一日：
1.5）。
資產負債比率
本集團的資產負債比率界定為報告期末借款總額除以報
告期末權益總額所得百分比。於二零二零年九月三十
日，資產負債比率為
3.0%（二零二零年三月三十一日：
4.1%）。總債務包括租賃負債。
庫務政策
在庫務政策上，本集團採取審慎的理財原則，故回顧期
間一直維持穩健的流動資金狀況。本集團不斷評估其客
戶的信用狀況及財政狀況，務求降低信貸風險。為調控
流動資金風險，董事會密切監察本集團的流動資金狀
況，確保本集團資產、負債及其他承擔的流動結構能滿
足其不時的資金需要。
IBI Group Holdings Limited
2020/2021中期報告
11
mANAGemeNT DISCUSSIoN AND ANALYSIS
管理層討論及分析
FiNANciAl RevieW (coNtiNUed)
Foreign exchange exposure
As at 30 September 2020, the Group’s exposure to currency risks
was mainly attributable to certain listed equity investments included
in financial assets at FVTPL, which are denominated in Australian
dollar and British pound sterling. The Group was exposed to certain
foreign currency exchange risks but it does not anticipate future
currency fluctuations to cause material operational difficulties or
liquidity problems.
Save as disclosed above, the Group’s monetary assets and
transactions are principally denominated in Hong Kong dollars, it
did not have any significant exposure to risk resulting from changes
in foreign currency exchange rates during the period ended 30
September 2020.
During the six months ended 30 September 2020, the Group did
not engage in any derivatives activities and did not commit to any
financial instruments to hedge its exposure to foreign currency risk.
capital structure
The shares of the Company were listed on the Main Board of the
Stock Exchange on 14 October 2016 (the 「listing date」). There
has been no change in the capital structure of the Company since
the Listing Date and up to the date of this report. The capital of the
Company comprises ordinary shares and capital reserves.
capital commitments
As at 30 September 2020, the Group did not have any significant
capital commitments (as at 31 March 2020: nil).
財務回顧（續）
外匯風險
於二零二零年九月三十日，本集團面臨的貨幣風險主要
歸因於計入按公平值計入損益的金融資產的若干上市股
權投資，該等投資以澳元及英鎊計值。本集團面臨若干
外匯風險，惟預計未來的匯率波動不會造成重大經營困
難或流動資金問題。
除上文所披露者外，本集團的貨幣資產及交易主要以港
元計值，其於截至二零二零年九月三十日止期間並無面
對任何因外幣匯率變動而導致的重大風險。
截至二零二零年九月三十日止六個月，本集團並無進行
任何衍生工具活動，亦無利用任何金融工具對沖外幣風
險。
資本結構
本公司股份於二零一六年十月十四日（「上市日期」）在聯
交所主板上市。本公司的資本結構自上市日期以來及截
至本報告日期並無任何變動。本公司的資本包括普通股
及資本儲備。
資本承擔
於二零二零年九月三十日，本集團並無任何重大資本承
擔（於二零二零年三月三十一日：無）。
IBI Group Holdings Limited
Interim Report 2020/2021
mANAGemeNT DISCUSSIoN AND ANALYSIS
管理層討論及分析
FiNANciAl RevieW (coNtiNUed)
information on employees
As at 30 September 2020, the Group had 103 employees (as at 30
September 2019: 111), including the executive Directors. Total staff
costs (including Directors』 emoluments) were approximately
HK$31.2 million for the six months ended 30 September 2020, as
compared with approximately HK$39.2 million for the six months
ended 30 September 2019. Remuneration is determined with
reference to market norms and individual employees』 performance,
qualification and experience.
On top of basic salaries, bonuses may be paid by reference to the
Group’s performance as well as individual’s performance. Other
staff benefits include contributions to Mandatory Provident Fund
scheme in Hong Kong and various welfare plans including the
provision of pension funds, medical insurance, unemployment
insurance and other relevant insurance for employees of our Group.
The salaries and benefits of the Group’s employees are kept at a
competitive level and employees are rewarded on a performancerelated
basis within the general framework of the Group’s salary
and bonus system, which is reviewed annually. The Group also
operates a share option scheme adopted by the Company on 20
September 2016 (the 「Share option Scheme」), pursuant to
which options to subscribe for shares may be granted to the
Directors and employees of the Group.
Share option Scheme
The principal terms of the Share Option Scheme were summarised
in the paragraph headed 「Statutory and General Information — F.
Share Option Scheme」 in Appendix IV to the prospectus of the
Company dated 29 September 2016 (the 「Prospectus」).
The purpose of the Share Option Scheme is to provide the
Company a flexible means of giving incentive to, rewarding,
remunerating, compensating and providing benefits to eligible
participants and for such other purposes as the Board approves
from time to time.
Since the adoption of the Share Option Scheme and up to the date
of this report, no option was granted, exercised, cancelled or
lapsed under the Share Option Scheme.
財務回顧（續）
僱員資料
於二零二零年九月三十日，本集團有僱員
103名（於二
零一九年九月三十日：
111名），包括執行董事。截至二
零二零年九月三十日止六個月的總員工成本（包括董事
薪酬）約為
31.2百萬港元，而截至二零一九年九月三十
日止六個月則約為
39.2百萬港元。酬金乃參考市場慣例
及個別僱員的表現、資歷及經驗釐定。
除基本薪金外，本集團亦可視乎本集團業績及個人表現
發放花紅。其他員工福利包括向香港的強制性公積金計
劃供款，以及為本集團的僱員而設的各項福利計劃，包
括退休金、醫療保險、失業保險及其他相關保險。
本集團僱員的薪酬及福利均維持一定競爭力，僱員在本
集團薪酬及花紅制度的一般框架（每年檢討）下獲論功行
賞。本集團亦營運一項本公司於二零一六年九月二十日
採納的購股權計劃（「購股權計劃」），董事及本集團僱員
可據此獲授予購股權以認購股份。
購股權計劃
購股權計劃的主要條款於本公司日期為二零一六年九月
二十九日的招股章程（「招股章程」）附錄四「法定及一般
資料
— F.購股權計劃」一段中概述。
購股權計劃旨在令本公司可靈活給予合資格參與者激
勵、獎賞、酬勞、報酬及福利，以及達致董事會不時批
準的其他目的。
自採納購股權計劃以來及直至本報告日期，概無任何購
股權計劃項下購股權獲授出、行使、註銷或失效。
IBI Group Holdings Limited
2020/2021中期報告
13
mANAGemeNT DISCUSSIoN AND ANALYSIS
管理層討論及分析
FiNANciAl RevieW (coNtiNUed)
Significant investments held
As at 30 September 2020, the Group had listed equity investments
included in financial assets at FVTPL of approximately HK$67.3
million (as at 31 March 2020: HK$12.6 million).
During the six months ended 30 September 2020, the Group
further invested approximately HK$58.1 million in listed equity
securities, received dividends of approximately HK$0.4 million and
recognised a net unrealised loss on financial assets at FVTPL of
approximately HK$3.4 million. The listed equity investments mainly
comprised of high quality blue chip banking corporations and
energy companies listed in Hong Kong, Australia and the United
Kingdom. However, up to the date of this report, there was an
increase in value of certain listed equity securities held by the Group
as the market price of those listed equity securities increased. The
Group expects to benefit from the receipt of dividends and capital
gains in the long term. The Group will continue to monitor and
assess the performance of these investments and make timely and
appropriate adjustments to enhance the returns on investment for
the Group and ultimately benefit the Shareholders as a whole.
As at 30 September 2020, the fair value of each of these listed
equity investments represented less than 5% of the total assets of
the Group.
Save as disclosed above, there was no other significant investment
held by the Group.
Future plans for material investments and capital assets
Save as disclosed in the Prospectus, the Group did not have other
plans for material investments and capital assets as at 30
September 2020.
material acquisitions and disposals of subsidiaries and
affiliated companies
During the six months ended 30 September 2020, the Group did
not have any material acquisitions and disposals of subsidiaries and
affiliated companies.
財務回顧（續）
所持重大投資
於二零二零年九月三十日，本集團的上市股本投資（計
入按公平值計入損益的金融資產）約為
67.3百萬港元（於
二零二零年三月三十一日：
12.6百萬港元）。
截至二零二零年九月三十日止六個月，本集團進一步投
資約
58.1百萬港元於上市股本證券，收取股息約
0.4百
萬港元，並確認按公平值計入損益的金融資產之未變現
虧損淨額約
3.4百萬港元。上市股權投資主要包括在香
港、澳洲及英國上市的優質藍籌銀行公司及能源公司。
然而，直至本報告日期，本集團所持若干上市股本證券
的價值有所上升，原因為該等上市股本證券的市價已提
高。本集團預期長期將從收取股息及資本收益中獲益。
本集團將持續監察及評估該等投資的表現，並作出及時
及適當的調整，以為本集團提高投資回報並最終惠及股
東整體利益。
於二零二零年九月三十日，該等上市股本投資各自的公
平值佔本集團的資產總值少於
5%。
除上文所披露者外，本集團並無持有其他重大投資。
重大投資及資本資產的未來計劃
除招股章程所披露者外，本集團於二零二零年九月三十
日並無其他有關重大投資及資本資產的計劃。
有關附屬公司及聯屬公司的重大收購及出售
截至二零二零年九月三十日止六個月，本集團並無任何
有關附屬公司及聯屬公司的重大收購及出售。
IBI Group Holdings Limited
Interim Report 2020/2021
mANAGemeNT DISCUSSIoN AND ANALYSIS
管理層討論及分析
FiNANciAl RevieW (coNtiNUed)
Pledge of assets
As at 30 September 2020, pledged deposits amounted to
approximately HK$17.2 million (as at 31 March 2020: HK$16.1
million) were placed with a bank or an insurer as securities for the
performance bonds issued by the bank and insurer to certain
customers on their projects. The pledged deposits will be released
when the bank or insurer are satisfied that no claims will arise from
the projects under the performance bonds.
contingent liabilities
The Group had no material contingent liabilities as at 30 September
2020 (as at 31 March 2020: nil).
eveNtS AFteR tHe RePoRtiNg PeRiod
Save as disclosed in note 12 to the condensed consolidated interim
financial statements, there were no significant events after the six
months ended 30 September 2020 and up to the date of this
report.
PURcHASe, SAle oR RedemPtioN oF tHe
comPANy』S liSted SecURitieS
During the six months ended 30 September 2020, neither the
Company nor any of its subsidiaries had purchased, sold or
redeemed any of the Company’s listed securities.
財務回顧（續）
資產抵押
於二零二零年九月三十日，已抵押存款約
17.2百萬港元
（於二零二零年三月三十一日：
16.1百萬港元）已存入銀
行或保險公司，作為銀行及保險公司就若干客戶的項目
向其發行履約保證的抵押品。已抵押存款將於銀行或保
險公司信納履約保證項下項目將不會產生申索時，方會
解除。
或然負債
於二零二零年九月三十日，本集團並無任何重大或然負
債（於二零二零年三月三十一日：無）。
報告期後事項
除簡明綜合中期財務報表附註
12所披露者外，於截至
二零二零年九月三十日止六個月後直至本報告日期，概
無發生任何重大事項。
買賣或贖回本公司的上市證券
截至二零二零年九月三十日止六個月，本公司或其任何
附屬公司均無買賣或贖回本公司任何上市證券。
IBI Group Holdings Limited
2020/2021中期報告
15
CoNDeNSeD CoNSoLIDATeD STATemeNT oF
proFIT or LoSS AND oTHer CompreHeNSIVe INCome
簡明綜合損益及其他全面收益表
For the six months ended 30 September 2020
截至二零二零年九月三十日止六個月
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
Notes HK$』000 HK$』000
附註千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
261,883
(3,371)
322,192
Revenue收益
6
–
Other gains/(losses)其他收益╱（虧損）
6
258,512
(237,761)
322,192
Revenue and other gains/(losses)收益及其他收益╱（虧損）
6
(291,046)
Direct costs直接成本
Gross profit
Other income
Administrative and other operating
expenses
Finance costs
20,751
4,106
(12,332)
(167)
31,146毛利
其他收入
7
行政及其他經營開支
(13,196)
融資成本
9
(160)
12,358
(1,762)
18,277
Profit before income tax expense除所得稅開支前溢利
8
(2,912)
Income tax expense所得稅開支
10
Profit and total comprehensive
income for the period
Profit and total comprehensive
income for the period
attributable to:
— Owners of the Company
— Non-controlling interests
期內溢利及全面收入總額
10,596
10,745
(149)
15,365
以下人士應佔期內溢利及
全面收入總額：
15,365
—非控股權益
—本公司擁有人
–
10,596
15,365
earnings per share attributable to 本公司擁有人應佔每股盈利：
owners of the company:11
Basic and diluted (HK cents)基本及攤薄（港仙）
1.3
IBI Group Holdings Limited
Interim Report 2020/2021
CoNDeNSeD CoNSoLIDATeD STATemeNT oF FINANCIAL poSITIoN
簡明綜合財務狀況表
As at 30 September 2020
於二零二零年九月三十日
As at As at
30 September 31 March
2020 2020
於於
二零二零年二零二零年
九月三十日三月三十一日
Notes HK$』000 HK$』000
附註千港元千港元
(Unaudited) (Audited)
（未經審核）（經審核）
Non-current assets非流動資產
183
4,059
67,291
233
Right-of-use assets使用權資產
Property, plant and equipment物業、廠房及設備
5,276
Financial assets at fair value through 按公平值計入損益的金融資產
profit or loss
12,556
Total non-current assets非流動資產總值
71,533
18,065
current assets流動資產
148,092
39,932
17,236
339
111,378
144,068
Trade and other receivables貿易及其他應收款項
13
Contract assets合約資產
25,363
Pledged deposits已抵押存款
16,136
Tax recoverable可收回稅項
1
Cash and cash equivalents現金及現金等價物
195,673
Total current assets流動資產總值
316,977
381,241
current liabilities流動負債
11,976
224,508
2,507
1,927
19,726
Trade and other payables貿易及其他應付款項
14
Contract liabilities合約負債
238,049
Lease liabilities租賃負債
2,467
Tax payables應付稅項
818
Total current liabilities流動負債總額
240,918
261,060
76,059
120,181
Net current assets流動資產淨值
147,592
138,246
total assets less current liabilities資產總值減流動負債
Non-current liabilities非流動負債
Lease liabilities租賃負債
3,112
Net ASSetS資產淨值
135,134
1,860
145,732
capital and reserves資本及儲備
8,000
137,879
8,000
Reserves儲備
Share capital股本
15
127,134
equity attributable to owners 本公司擁有人應佔權益
of the company
145,879
(147)
135,134
–
Non-controlling interests非控股權益
145,732
135,134totAl eqUity權益總額
IBI Group Holdings Limited
2020/2021中期報告
17
CoNDeNSeD CoNSoLIDATeD STATemeNT oF CHANGeS IN eQUITY
簡明綜合權益變動表
For the six months ended 30 September 2020
截至二零二零年九月三十日止六個月
Attributable to owners of the company
本公司擁有人應佔
Share
capital
Share
premium
merger
reserve
Retained
profits total
Non-
controlling
interests
total
equity
股本股份溢價合併儲備保留盈利總計非控股權益權益總額
HK$』000 HK$』000 HK$』000 HK$』000 HK$』000 HK$』000 HK$』000
千港元千港元千港元千港元千港元千港元千港元
At 1 April 2020 (audited)於二零二零年四月一日
（經審核）
8,000 73,613 (13,511) 67,032 135,134 – 135,134
Profit and total comprehensive 期內溢利及
income for the period全面收入總額
– – – 10,745 10,745 (149) 10,596
Capital injection from 非控股權益注資
non-controlling interests– – – – – 2 2
At 30 September 2020 於二零二零年九月三十日
(unaudited)（未經審核）
8,000 73,613 (13,511) 77,777 145,879 (147) 145,732
At 1 April 2019 (audited)於二零一九年四月一日
（經審核）
8,000 73,613 (13,511) 65,405 133,507 – 133,507
Profit and total comprehensive 期內溢利及
income for the period全面收入總額
– – – 15,365 15,365 – 15,365
Dividend declared (Note 12)已宣派股息（附註
12）
– – – (12,000) (12,000) – (12,000)
At 30 September 2019 於二零一九年九月三十日
(unaudited)（未經審核）
8,000 73,613 (13,511) 68,770 136,872 – 136,872
IBI Group Holdings Limited
Interim Report 2020/2021
CoNDeNSeD CoNSoLIDATeD STATemeNT oF CASH FLoWS
簡明綜合現金流量表
For the six months ended 30 September 2020
截至二零二零年九月三十日止六個月
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
Note HK$』000 HK$』000
附註千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
cash flows from operating activities經營活動所得現金流量
Profit before income tax expense除所得稅開支前溢利
12,358 18,277
Adjustments for:就以下各項調整：
Depreciation of property, plant and 物業、廠房及設備折舊
equipment102 253
Depreciation of right-of-use assets使用權資產折舊
1,217 812
Interest expenses on lease liabilities租賃負債利息開支
167 160
Interest income利息收入
(388) (487)
Net unrealised fair value loss on financial 按公平值計入損益（「按公平值
assets at fair value through profit or loss 計入損益」）的金融資產之
(「FvtPl」)未變現公平值虧損淨額
3,371 –
Operating profit before working capital 營運資金變動前經營溢利
changes
16,827
(4,024)
(7,750)
(14,569)
(13,541)
(58,106)
19,015
(Increase)/decrease in contract assets合約資產（增加）╱減少
95
Decrease in contract liabilities合約負債減少
–
Increase in trade and other receivables貿易及其他應收款項增加
(31,319)
(Decrease)/increase in trade and 貿易及其他應付款項（減少）╱增加
other payables
35,249
Increase in financial assets at FVTPL按公平值計入損益的金融資產增加
–
(81,163)
(991)
23,040
Income tax paid已付所得稅
Cash (used in)/generated from operations經營（所用）╱所得現金
(1,063)
Net cash (used in)/generated from 經營活動（所用）╱所得
operating activities現金淨額
(82,154)
21,977
cash flows from investing activities投資活動所得現金流量
(52)
(1,100)
388
(87)
Increase in pledged deposits已抵押存款增加
Purchase of property, plant and equipment購買物業、廠房及設備
(2,084)
Interest received已收利息
487
Net cash (used in)/generated from 投資活動（所用）╱所得
investing activities現金淨額
(764)
(1,684)
IBI Group Holdings Limited
2020/2021中期報告
19
CoNDeNSeD CoNSoLIDATeD STATemeNT oF CASH FLoWS
簡明綜合現金流量表
For the six months ended 30 September 2020
截至二零二零年九月三十日止六個月
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
Note HK$』000 HK$』000
附註千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
cash flows from financing activities融資活動所得現金流量
Capital injection from non-controlling interests非控股權益注資
2 –
Payment of lease liabilities租賃負債付款
(1,379) (715)
Net cash used in financing activities融資活動所用現金淨額
(1,377)
(715)
Net (decrease)/increase in cash and 現金及現金等價物（減少）╱增加
cash equivalents淨額
(84,295)
195,673
19,578
cash and cash equivalents at 期初現金及現金等價物
beginning of period
109,361
cash and cash equivalents at 期末現金及現金等價物
end of period
111,378
128,939
Analysis of the balances of cash and 現金及現金等價物結餘分析
cash equivalents
111,378
128,939Cash at banks and in hand銀行及手頭現金
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
1. geNeRAl iNFoRmAtioN
The Company was incorporated in the Cayman Islands as an
exempt company with limited liability on 6 April 2016 under
the Companies Law, Cap. 22 (Law 3 of 1961, as
consolidated and revised) of the Cayman Islands. The
address of its registered office is 190 Elgin Avenue, George
Town, Grand Cayman, KY1-9007, Cayman Islands. Its
principal place of business is located at 3/F, Bangkok Bank
Building, 18 Bonham Strand West, Hong Kong.
The shares of the Company were listed on the Main Board of
The Stock Exchange of Hong Kong Limited (the 「Stock
exchange」) on 14 October 2016 (the 「listing」).
The Company is an investment holding company. The
principal activities of the Group are to act as a building
contractor focusing on providing renovation services as a
main contractor for property projects in the private sector in
Hong Kong and Macau (the 「contracting Services」) and
investment holdings.
2. BASiS oF PRePARAtioN
The unaudited condensed consolidated interim financial
statements for the six months ended 30 September 2020
have been prepared in accordance with Hong Kong
Accounting Standard 34 「Interim Financial Reporting」 issued
by the Hong Kong Institute of Certified Public Accountants
(the 「HKicPA」) as well as with the applicable disclosure
requirements of Appendix 16 to the Rules Governing the
Listing of Securities on the Stock Exchange (the 「listing
Rules」). The unaudited condensed consolidated interim
financial statements do not include all the information and
disclosures required in annual financial statements and should
be read in conjunction with the annual financial statements of
the Group for the year ended 31 March 2020, which have
been prepared in accordance with Hong Kong Financial
Reporting Standards (「HKFRSs」), which collective terms
include all applicable individual HKFRSs, Hong Kong
Accounting Standards and Interpretations issued by the
HKICPA. The condensed consolidated financial statements
have not been audited or reviewed by the Company’s
external auditors, but have been reviewed by the audit
committee of the Company.
1.一般資料
本公司於二零一六年四月六日根據開曼群島法例
第
22章公司法（一九六一年第三號法律，經綜合
及修訂）在開曼群島註冊成立為獲豁免有限公司。
其註冊辦事處地址為
190 Elgin Avenue, George
Town, Grand Cayman, KY1-9007, Cayman
Islands。其主要營業地點位於香港文鹹西街
18號
盤谷銀行大廈
3樓。
本公司股份於二零一六年十月十四日在香港聯合
交易所有限公司（「聯交所」）主板上市（「上市」）。
本公司為投資控股公司。本集團主要業務為作為
專注於提供翻新服務的建築承建商，擔任香港及
澳門私營機構物業項目的總承建商（「承建服務」）
及投資控股。
2.編製基準
截至二零二零年九月三十日止六個月的未經審核
簡明綜合中期財務報表乃根據香港會計師公會（「香
港會計師公會」）頒佈的香港會計準則第
34號「中
期財務報告」及聯交所證券上市規則（「上市規則」）
附錄十六的適用披露規定編製。未經審核簡明綜
合中期財務報表並無包括年度財務報表所需的所
有資料及披露，並應與本集團截至二零二零年三
月三十一日止年度的年度財務報表（乃根據香港財
務報告準則（「香港財務報告準則」），包括香港會
計師公會頒佈的所有適用個別香港財務報告準則、
香港會計準則及詮釋編製）一併閱覽。簡明綜合財
務報表未經本公司外聘核數師審核或審閱，但已
由本公司審核委員會審閱。
IBI Group Holdings Limited
2020/2021中期報告
21
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
2. BASiS oF PRePARAtioN (coNtiNUed)
These unaudited condensed consolidated interim financial
statements have been prepared with the same accounting
policies adopted in the annual financial statements of the
Group for the year ended 31 March 2020, except for those
that relate to new standards or interpretations effective for the
first time for the current accounting period of the Group. The
adoption of the new and revised HKFRSs have no material
effect on these condensed consolidated interim financial
statements.
The preparation of these unaudited condensed consolidated
interim financial statements in compliance with HKAS 34
requires the use of certain judgements, estimates and
assumptions that affect the application of policies and the
reported amounts of assets and liabilities, income and
expenses on a year to date basis. Actual results may differ
from these estimates. The areas where significant judgments
and estimates have been made in preparing the unaudited
condensed consolidated interim financial statements and
their effect are disclosed in note 4.
The unaudited condensed consolidated interim financial
statements are presented in Hong Kong dollars (「HK$」),
which is also the functional currency of the Company. All
values are rounded to the nearest thousand except when
otherwise stated.
2.編製基準（續）
此等未經審核簡明綜合中期財務報表乃根據本集
團截至二零二零年三月三十一日止年度的年度財
務報表採納的相同會計政策編製，惟與本集團於
本會計期間首次生效的新訂準則或詮釋有關者除
外。採納新訂及經修訂香港財務報告準則不會對
該等簡明綜合中期財務報表構成任何重大影響。
此等未經審核簡明綜合中期財務報表乃遵照香港
會計準則第
34號而編製，當中須運用若干判斷、
估計及假設，而該等判斷、估計及假設會影響政
策應用以及按年初至今基準匯報的資產及負債、
收入及開支金額。實際結果可能有別於該等估計。
編製未經審核簡明綜合中期財務報表時已作出重
大判斷及估計的範疇及其影響於附註
4披露。
未經審核簡明綜合中期財務報表以港元（「港元」，
亦為本公司的功能貨幣）呈列。除另有列明者外，
所有數值已約整至最接近千位數。
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
3.
cHANgeS iN HKFRSs 3.
The HKICPA has issued a number of new or amended
HKFRSs that are first effective for the current accounting
period of the Group:
.
Amendments to HKFRS 3: Definition of a Business
.
Amendments to HKFRS 7, HKFRS 9 and HKAS 39:
Interest Rate Benchmark Reform
.
Amendments to HKAS 1 and HKAS 8: Definition of
Material
.
Amendments to HKFRS 16: COVID-19-Related Rent
Concessions
.
Conceptual Framework for Financial Reporting (Revised)
The impact of early adoption of Amendments to HKFRS 16:
COVID-19-Related Rent Concessions was summarised
below. The other new or amended HKFRSs that are effective
from 1 April 2020 did not have any significant impact on the
Group’s accounting policies.
香港財務報告準則的變動
香港會計師公會已頒佈多項新訂或經修訂香港財
務報告準則，該等準則於本集團的當前會計期間
首次生效：
. 香港財務報告準則第
3號修訂本：業務的定
義
. 香港財務報告準則第
7號、香港財務報告準
則第
9號及香港會計準則第
39號修訂本：利
率基準改革
. 香港會計準則第
1號及香港會計準則第
8號
修訂本：重大的定義
. 香港財務報告準則第
16號修訂本：
COVID-19相關租金減免
. 財務報告概念性框架（經修訂）
提前採納香港財務報告準則第
16號修訂本：
COVID-19相關租金減免的影響概述如下。自二零
二零年四月一日起生效的其他新訂或經修訂香港
財務報告準則對本集團的會計政策並無任何重大
影響。
IBI Group Holdings Limited
2020/2021中期報告
23
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
3.
cHANgeS iN HKFRSs (coNtiNUed)
Amendments to HKFRS 16: covid-19-Related Rent
concessions
Effective 1 June 2020, HKFRS 16 was amended to provide a
practical expedient for lessees accounting for rent
concessions that arise as a direct consequence of the
COVID-19 pandemic and satisfy the following criteria:
(a)
The change in lease payments results in revised
consideration for the lease that is substantially the same
as, or less than, the consideration for the lease
immediately preceding the change;
(b)
The reduction is lease payments affects only payments
originally due on or before 30 June 2021; and
(c)
There is no substantive change to other terms and
conditions of the lease.
Rent concessions that satisfy these criteria may be accounted
for in accordance with the practical expedient, which means
the lessee does not need to assess whether the rent
concession meets the definition of a lease modification.
Lessees apply other requirements in HKFRS 16 in accounting
for the concession.
The Group has elected to utilise the practical expedient for all
rent concessions that meet the criteria. The practical
expedient has been applied retrospectively, meaning it has
been applied to all rent concessions that satisfy the criteria,
which in the case of the Group, occurred from May 2020 to
July 2020.
Accounting for the rent concessions as lease modifications
would have resulted in the Group remeasuring the lease
liability to reflect the revised consideration using a revised
discount rate, with the effect of the change in the lease liability
recorded against the right-of-use asset. By applying the
practical expedient, the Group is not required to determine a
revised discount rate and the effect of the change in the lease
liability is reflected in profit or loss in the period in which the
event or condition that triggers the rent concession occurs.
3.
香港財務報告準則的變動（續）
香港財務報告準則第
16號修訂本：
covid-19相
關租金減免
自二零二零年六月一日起，修訂香港財務報告準
則第
16號以為承租人提供實際權宜方法就
COVID-19疫情直接後果產生並符合下列標準的租
金減免進行會計處理：
(a)
租賃付款變動導致租賃代價有所修改，而經
修改代價與緊接變動前租賃代價大致相同，
或少於緊接變動前租賃代價；
(b)
租賃付款的減幅僅影響原到期日為二零二一
年六月三十日或之前的付款；及
(c)
租賃其他條款及條件並無實質變動。
符合該等標準的租金減免可根據實際權宜方法進
行會計處理，這意味著承租人不必評估租金減免
是否符合租賃修改的定義。承租人應用香港財務
報告準則第
16號中的其他規定對該減免進行會計
處理。
本集團已選擇對所有符合標準的租金減免採用實
際權宜方法。實際權宜方法已獲追溯應用，這意
味著其已應用至所有符合標準的租金減免，對本
集團而言，即於二零二零年五月至二零二零年七
月所發生者。
將租金減免作為租賃修改進行會計處理，將會導
致本集團採用經修訂貼現率對租賃負債進行重新
計量，以反映經修訂代價，並將租賃負債變動的
影響入賬列為使用權資產。通過應用實際權宜方
法，本集團毋須釐定經修訂貼現率，而租賃負債
變動的影響則於引起租金減免的事項或狀況發生
期間於損益反映。
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
4.
USe oF JUdgemeNtS ANd eStimAteS 4.
In preparing these unaudited condensed consolidated interim
financial statements, the significant judgements made by the
management in applying the Group’s accounting policies and
the key sources of estimation uncertainty were the same as
those that applied to annual financial statements of the Group
for the year ended 31 March 2020.
5.
SegmeNt RePoRtiNg 5.
The executive Directors of the Company, who are the chief
operating decision-makers of the Group, review the Group’s
internal reporting in order to assess performance and allocate
resources. Management has determined the operating
segments based on reports reviewed by the executive
Directors of the Company that are used to make strategy
decision.
During the six months ended 30 September 2020, the Group
has two reportable segments. The segments are managed
separately as each business offers different services and
requires different business strategies. The following summary
describes the operations in each of the Group’s reportable
segments:
Revenue from contracts with customers within the scope of
HKFRS 15:
.
Contracting
— provision of renovation services as a
main contractor for property projects in the private
sector in Hong Kong and Macau
Revenue from other sources:
.
Investments Holdings — investment in listed securities
There are no sales or other transactions between the
business segments.
During the six months ended 30 September 2019, the Group
had only one business segment, namely Contracting and no
further analysis of this single segment is considered
necessary.
使用判斷及估計
編製此等未經審核簡明綜合中期財務報表時，管
理層於應用本集團會計政策時作出的重大判斷及
估計不確定因素的主要來源與本集團截至二零二
零年三月三十一日止年度的年度財務報表所應用
者相同。
分部報告
本公司的執行董事（為本集團的主要營運決策人）
審閱本集團的內部報告以評估表現及分配資源。
管理層已基於本公司執行董事審閱的報告釐定用
來作出戰略決策的經營分部。
於截至二零二零年九月三十日止六個月，本集團
有兩個可報告分部。由於各業務提供不同的服務
及需要不同的業務策略，該等分部分開管理。以
下概述本集團各可報告分部的營運：
符合香港財務報告準則第
15號範圍的來自客戶的
合約收益：
. 承建
—於香港及澳門私營機構物業項目擔
任總承建商提供翻新服務
來自其他渠道的收益：
. 投資控股
—投資上市證券
業務分部間並無銷售或其他交易。
於截至二零一九年九月三十日止六個月，本集團
僅有一個業務分部（即承建分部）及認為毋須就該
單一分部作出進一步分析。
IBI Group Holdings Limited
2020/2021中期報告
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簡明綜合中期財務報表附註
5. SegmeNt RePoRtiNg (coNtiNUed) 5.分部報告（續）
(a) The segment results for the six months ended 30
September 2020 are as follows:
(a)截至二零二零年九月三十日止六個月的分部
業績如下：
contracting
承建
HK$』000
千港元
investment
Holdings
投資控股
HK$』000
千港元
total
總計
HK$』000
千港元
Revenue & other gains/(losses)收益及其他收益╱（虧損）
261,465 (2,953) 258,512
Segment profit/(loss)分部溢利
╱（虧損）
11,927 (3,650) 8,277
Other income其他收入
4,106
Foreign exchange gain, net外匯收益淨額
142
Finance costs融資成本
(167)
Profit before income tax expense除所得稅開支前溢利
12,358
The segment assets and liabilities as at 30 September 於二零二零年九月三十日的分部資產及負債
2020 are as follows: 如下：
investment
contracting Holdings total
承建投資控股總計
HK$』000 HK$』000 HK$』000
千港元千港元千港元
Segment assets分部資產
261,321 67,891 329,212
Unallocated assets未分配資產
59,298
388,510
Segment liabilities分部負債
242,679 5 242,684
Unallocated liabilities未分配負債
94
242,778
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
5. SegmeNt RePoRtiNg (coNtiNUed)
(b) geographical information
The Group operates in two principal geographical areas
— Hong Kong and Macau.
The Group’s contracting revenue from external
customers for the six months ended 30 September
2020 is analysed as follows:
5.分部報告（續）
(b)地域資料
本集團在兩個主要地理區域經營
—香港及
澳門。
截至二零二零年九月三十日止六個月，本集
團來自外部客戶的承建收益分析如下：
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
Hong Kong香港
261,456 290,619
Macau澳門
9 31,573
322,192
261,465
IBI Group Holdings Limited
2020/2021中期報告
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簡明綜合中期財務報表附註
5. SegmeNt RePoRtiNg (coNtiNUed) 5.分部報告（續）
(b) geographical information (continued) (b)地域資料（續）
The following table provides an analysis of the Group’s
non-current assets (「Specified non-current
assets」):
下表載列有關本集團非流動資產（「指定非流
動資產」）的分析：
Specified non-current assets 指定非流動資產
As at
30 September
2020
於
二零二零年
九月三十日
HK$』000
千港元
(Unaudited)
（未經審核）
As at
31 March
2020
於
二零二零年
三月三十一日
HK$』000
千港元
(Audited)
（經審核）
Hong Kong香港
4,242 5,509
Macau澳門
– –
5,509
4,242
The non-current assets information above excludes 上述非流動資產資料不包括按公平值計入損
financial assets at FVTPL and is based on the physical 益的金融資產，其乃根據有關資產的實際位
locations of the respective assets. 置劃分。
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
5. SegmeNt RePoRtiNg (coNtiNUed) 5.分部報告（續）
(c) information about major customers (c)有關主要客戶的資料
Contracting revenues from each of the major customers
accounted for 10% or more of the Group’s total
revenue are set out below:
來自佔本集團總收益
10%或以上的各主要客
戶的承建收益載列如下：
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
Customer ICustomer IICustomer IIICustomer IVCustomer V
客戶
I
客戶
II
客戶
III
客戶
IV
客戶
V
71,153
48,045
28,800
N/A不適用
N/A不適用
78,523
N/A不適用
N/A不適用
70,367
35,171
6. ReveNUe ANd otHeR gAiNS/(loSSeS) 6.收益及其他收益
╱（虧損）
Revenue and other gains/(losses) recognised during the
period comprise the following:
於期內確認的收益及其他收益
╱（虧損）包括下列
各項：
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
Revenue收益
Revenue from Contracting來自承建的收益
261,465 322,192
Dividend income from financial assets at 按公平值計入損益的金融資產
FVTPL的股息收入
418 –
261,883
(3,371)
322,192
Other gains/(losses)其他收益╱（虧損）
Net unrealised losses on financial assets 按公平值計入損益的金融資產
at FVTPL的未變現虧損淨額
–
258,512
322,192
IBI Group Holdings Limited
2020/2021中期報告
29
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簡明綜合中期財務報表附註
6.
ReveNUe ANd otHeR gAiNS/(loSSeS)
(coNtiNUed)
During the year, revenue from Contracting Services is
recognised over time, dividend income falls outside the scope
of HKFRS 15.
The Group has applied the practical expedient to its sales
contracts for Contracting Services and therefore the below
information does not include information about revenue that
the Group will be entitled to when it satisfies the remaining
performance obligations under the contracts for Contracting
Services that had an original expected duration of one year or
less.
As at 30 September 2020, the aggregated amount of the
transaction price allocated to the remaining performance
obligations under the Group’s existing contracts was
approximately HK$15,983,000 (as at 31 March 2020:
HK$55,135,000). This amount represents revenue expected
to be recognised in the future from partially-completed longterm
construction contracts. The Group will recognise the
expected revenue in future as the project work is progressed,
which is expected to occur over the next four months.
6.
收益及其他收益╱（續）
（虧損）
於年內，來自承建服務的收益按時間確認，股息
收入不屬於香港財務報告準則第
15號範圍內。
本集團已對其承建服務的銷售合約採用實際權宜
方法，因此，下述資料並不包括有關本集團達成
原預計年期為一年或以下的承建服務合約項下的
剩餘履約責任時有權收取的收益的資料。
於二零二零年九月三十日，已分配至本集團現有
合約項下剩餘履約責任的交易價格總額約為
15,983,000港元（於二零二零年三月三十一日：
55,135,000港元）。此金額指預期將於日後確認來
自部分竣工的長期建築合約的收益。本集團將按
工程進度於未來確認預期收益，工程預計於未來
四個月內進行。
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
7. otHeR iNcome
7.其他收入
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
Bank interest income銀行利息收入
388 487
Government funding for anti-epidemic政府防疫抗疫基金
3,697 –
Others其他
21 –
4,106
8. PRoFit BeFoRe iNcome tAX eXPeNSe 8.除所得稅開支前溢利
Profit before income tax expense is arrived at after charging/
(crediting):
除所得稅開支前溢利乃經扣除
╱（計入）下列各項
後達致：
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
Auditor’s remuneration核數師薪酬
450 450
Depreciation of property, plant and 物業、廠房及設備折舊
equipment102 253
Depreciation of right-of-use assets使用權資產折舊
1,217 812
Staff costs including directors』 emoluments:員工成本（包括董事薪酬）：
— Salaries and allowances —薪金及津貼
30,380 38,395
— Contributions on defined contribution —界定供款退休計劃供款
retirement plans
829 816
39,211
31,209
209
(306)
(142)
583
COVID-19-related rent concessions COVID-19相關租金減免
Short term leases expenses短期租賃開支
–
Foreign exchange gain, net外匯收益淨額
–
IBI Group Holdings Limited
2020/2021中期報告
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簡明綜合中期財務報表附註
9. FiNANce coStS 9.融資成本
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
Interest expenses on lease liabilities租賃負債的利息開支
167 160
10. iNcome tAX eXPeNSe 10.所得稅開支
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
Current tax — Hong Kong Profits Tax— provision for the period
即期稅項
—香港利得稅
—期內撥備
1,762 2,912
Current tax — overseas— provision for the period
即期稅項
—海外
—期內撥備
– –
2,912
1,762
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
10. iNcome tAX eXPeNSe (coNtiNUed)
The Hong Kong Government gazetted the 「Inland Revenue
(Amendment) (No. 3) Ordinance 2018」 on 29 March 2018
which introduces the two-tiered profits tax rates regime (the
「Regime」). Under the Regime, the first HK$2 million of profits
of qualifying corporations will be taxed at 8.25%, and profits
above HK$2 million will be taxed at 16.5%.
For the six months ended 30 September 2020 and 2019,
Hong Kong profits tax is calculated in accordance with the
Regime.
Pursuant to the relevant laws and regulations in Macau and
with the short-term tax incentives granted by the Macau
Government, the Group’s subsidiary in Macau was subject to
complementary tax at the rate of 12% for taxable profits over
the tax thresholds of MOP600,000 for the tax year ended 31
December 2019. The Macau Government has not yet
announced the tax threshold for the tax year ending 31
December 2020.
11. eARNiNgS PeR SHARe
The calculation of the basic earnings per share for the six
months ended 30 September 2020 is based on the profit for
the period attributable to owners of the Company of
approximately HK$10,745,000 (six months ended 30
September 2019: HK$15,365,000) and on the weighted
average number of 800,000,000 (six months ended 30
September 2019: 800,000,000) ordinary shares of the
Company.
Diluted earnings per share for the six months ended 30
September 2020 and 2019 were the same as the basic
earnings per share as there were no dilutive potential shares
in existence during the periods.
12. divideNdS
Subsequent to the reporting period, the Directors resolved
the payment of an interim dividend of HK1.0 cent per ordinary
share for the six months ended 30 September 2020 (six
months ended 30 September 2019: HK1.0 cent), amounting
to HK$8,000,000 (six months ended 30 September 2019:
HK$8,000,000). The proposed interim dividend subsequent
to the reporting period has not been recognised as a liability
at the end of the reporting period.
10.所得稅開支（續）
香港政府於二零一八年三月二十九日刊憲頒佈《二
零一八年稅務（修訂）（第
3號）條例》，引入利得稅
兩級制（「該制度」）。根據該制度，合資格企業的
首
2百萬港元溢利的稅率將為
8.25%，而
2百萬港
元以上的溢利的稅率將為
16.5%。
截至二零二零年及二零一九年九月三十日止六個
月，香港利得稅乃根據該制度計算。
根據澳門相關法律及法規以及基於澳門政府給予
的短期稅項獎勵，本集團澳門附屬公司於截至二
零一九年十二月三十一日止課稅年度須就超過稅
收起徵點澳門幣
600,000元的應課稅溢利按
12%
的稅率繳納所得補充稅。澳門政府尚未公佈截至
二零二零年十二月三十一日止課稅年度的稅收起
徵點。
11.每股盈利
截至二零二零年九月三十日止六個月的每股基本
盈利乃基於本公司擁有人應佔期內溢利約
10,745,000港元（截至二零一九年九月三十日止六
個月：
15,365,000港元）及本公司普通股加權平均
數
800,000,000股（截至二零一九年九月三十日止
六個月：
800,000,000股）計算。
由於本集團於截至二零二零年及二零一九年九月
三十日止六個月並無攤薄潛在股份，故有關期間
的每股攤薄盈利與每股基本盈利相同。
12.股息
於報告期後，董事議決派付截至二零二零年九月
三十日止六個月的中期股息每股普通股
1.0港仙（截
至二零一九年九月三十日止六個月：
1.0港仙），
合共
8,000,000港元（截至二零一九年九月三十日
止六個月：
8,000,000港元）。報告期後的建議中
期股息於報告期末尚未確認為負債。
IBI Group Holdings Limited
2020/2021中期報告
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簡明綜合中期財務報表附註
13. tRAde ANd otHeR ReceivABleS 13.貿易及其他應收款項
As at As at
30 September 31 March
2020 2020
於於
二零二零年二零二零年
九月三十日三月三十一日
HK$』000 HK$』000
千港元千港元
(Unaudited) (Audited)
（未經審核）（經審核）
Trade receivables (Notes (i) and (ii))貿易應收款項（附註
(i)及
(ii)）
37,341 23,670
Deposits and other receivables按金及其他應收款項
2,327 1,369
Prepayments預付款項
264 324
25,363
39,932
Notes:
附註：
(i)
The credit period granted to customers on final and progress (i)授予客戶最終款項及工程進度款的信用期一般介乎發
billings is generally between 14 and 60 days from the invoice date. 票日期起計
14至
60日。
(ii)
The ageing analysis of trade receivables (net of allowances) at the (ii)於各報告期末，貿易應收款項（扣除撥備）按發票日
end of each reporting period based on the invoice date is as 期的賬齡分析如下：
follows:
As at As at
30 September 31 March
2020 2020
於於
二零二零年二零二零年
九月三十日三月三十一日
HK$』000 HK$』000
千港元千港元
(Unaudited) (Audited)
（未經審核）（經審核）
Within 30 days 30日內
35,602 23,000
31–60 days 31至
60日
1,365 670
61–90 days 61至
90日
85 –
Over 90 days超過
90日
289 –
23,670
37,341
IBI Group Holdings Limited
Interim Report 2020/2021
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
14. tRAde ANd otHeR PAyABleS 14.貿易及其他應付款項
As at As at
30 September 31 March
2020 2020
於於
二零二零年二零二零年
九月三十日三月三十一日
HK$』000 HK$』000
千港元千港元
(Unaudited) (Audited)
（未經審核）（經審核）
Trade payables (Note (i))貿易應付款項（附註
(i)）
31,356 27,110
Accruals for costs of contract work合約工程成本應計費用
149,116 172,586
Retention payables (Note (ii))應付保留款項（附註
(ii)）
37,523 31,668
Other payables and accruals其他應付款項及應計費用
6,513 6,685
238,049
224,508
Notes:
附註：
(i)
The ageing analysis of trade payables, based on invoice date, as (i)於各報告期末，貿易應付款項按發票日期的賬齡分析
at the end of each reporting period is as follows: 如下：
As at As at
30 September 31 March
2020 2020
於於
二零二零年二零二零年
九月三十日三月三十一日
HK$』000 HK$』000
千港元千港元
(Unaudited) (Audited)
（未經審核）（經審核）
0–30 days
31–60 days
61–90 days
Over 90 days0至
30日
31至
60日
61至
90日
超過
90日
30,904
166
45
241
26,271
118
329
392
27,110
31,356
The credit period granted by suppliers is generally between 14 and
60 days from the invoice date and subcontractors is generally
within 14 days after receipt of payment from customers.
(ii)
As at 30 September 2020, retention payables of approximately
HK$10,320,000 (31 March 2020: HK$9,269,000) were expected
to be settled beyond twelve months after the end of the reporting
period.
供應商授予的信用期一般介乎發票日期起計
14至
60
日，而分包商授予的信用期一般為收到客戶付款後
14日內。
(ii)
於二零二零年九月三十日，應付保留款項約
10,320,000港元（二零二零年三月三十一日：
9,269,000港元）預期於報告期末起計十二個月後結
償。
IBI Group Holdings Limited
2020/2021中期報告
35
NoTeS To THe CoNDeNSeD CoNSoLIDATeD INTerIm FINANCIAL STATemeNTS
簡明綜合中期財務報表附註
15. SHARe cAPitAl 15.股本
Number of ordinary shares Share capital
普通股數目股本
As at As at As at As at
30 September 31 March 30 September 31 March
2020 2020 2020 2020
於二零二零年於二零二零年於二零二零年於二零二零年
九月三十日三月三十一日九月三十日三月三十一日
HK$』000 HK$』000
千港元千港元
(Unaudited) (Audited) (Unaudited) (Audited)
（未經審核）（經審核）（未經審核）（經審核）
Ordinary shares of 每股面值
0.01港元的
HK$0.01 each普通股
Authorised:法定：
10,000,000,000 10,000,000,000 100,000 100,000
Issued and fully paid已發行及繳足
800,000,000 8,000
800,000,000
8,000
16. RelAted PARty tRANSActioNS
compensation of key management personnel
The remuneration of key management personnel, who are the
executive directors of the Company, for the six months ended
30 September 2020 and 2019 were as follows:
16.關聯方交易
主要管理人員薪酬
截至二零二零年及二零一九年九月三十日止六個
月，主要管理人員（即本公司執行董事）的薪酬如
下：
Six months ended
30 September
截至九月三十日止六個月
2020 2019
二零二零年二零一九年
HK$』000 HK$』000
千港元千港元
(Unaudited) (Unaudited)
（未經審核）（未經審核）
Compensation of key management personnel主要管理人員薪酬
2,187 3,122
IBI Group Holdings Limited
Interim Report 2020/2021
oTHer INFormATIoN
其他資料
PURcHASe, SAle oR RedemPtioN oF tHe
comPANy』S liSted SecURitieS
During the six months ended 30 September 2020, neither the
Company nor any of its subsidiaries has purchased, sold or
redeemed any of the Company’s listed securities.
diRectoRS』 ANd tHe cHieF eXecUtive』S
iNteReStS oR SHoRt PoSitioNS iN SHAReS,
UNdeRlyiNg SHAReS ANd deBeNtUReS
As at 30 September 2020, the Directors and the chief executive had
the following interests in the shares, underlying shares and
debentures of the Company, its Group members and/or associated
corporations (within the meaning of Part XV of the Securities and
Future Ordinance (「SFo」)), as recorded in the register required to be
kept by the Company pursuant to Section 352 of the SFO or as
otherwise notified to the Company and the Stock Exchange pursuant
to the Model Code for Securities Transactions by Directors of Listed
Issuers (the 「model code」) as set out in Appendix 10 to the Listing
Rules were as follows:
the company
買賣或贖回本公司的上市證券
截至二零二零年九月三十日止六個月，本公司或其任何
附屬公司均無買賣或贖回本公司任何上市證券。
董事及主要行政人員於股份、相關股份及債
權證中的權益或淡倉
於二零二零年九月三十日，董事及主要行政人員於本公
司、其集團成員公司及╱或相聯法團（定義見證券及期
貨條例（「證券及期貨條例」）第
XV部）的股份、相關股份
及債權證中擁有下列須記錄於本公司根據證券及期貨條
例第
352條須予存置的登記冊，或根據上市規則附錄十
所載上市發行人董事進行證券交易的標準守則（「標準守
則」）須另行知會本公司及聯交所的權益：
本公司
Name of Relevant company
director(s)/ capacity/ (including associated Number and
chief executive nature of interest corporation) class of Shares1
董事
╱主要相關公司
行政人員姓名身份
╱權益性質（包括相聯法團）股份數目及類別
1
Approximate
percentage of
shareholding in the
total issued share
capital of our company
佔本公司已發行股本
總額的概約股權百分比
Mr. Neil David Howard Interest in controlled Brilliant Blue Sky Limited 393,376,000 ordinary Shares 49.17%
(「mr. Howard」)2 corporation (「Brilliant Blue Sky」)
Neil David Howard先生受控法團權益
Brilliant Blue Sky Limited 393,376,000股普通股
（「Howard先生」）2（「Brilliant Blue Sky」）
Mr. Howard Beneficial owner N/A 14,624,000 ordinary Shares 1.83%
Howard先生實益擁有人不適用
14,624,000股普通股
Mr. Steven Paul Smithers Interest in controlled Breadnbutter Holdings Limited 174,888,000 ordinary Shares 21.86%
(「mr. Smithers」)3 corporation (「Breadnbutter Holdings」)
Steven Paul Smithers先生受控法團權益
Breadnbutter Holdings Limited 174,888,000股普通股
（「Smithers先生」）3（「Breadnbutter Holdings」）
Mr. Smithers Beneficial owner N/A 9,112,000 ordinary Shares 1.14%
Smithers先生實益擁有人不適用
9,112,000股普通股
Mr. David John Kennedy Interest of spouse N/A 8,000,000 ordinary Shares 1.0%
(「mr. Kennedy」)4
David John Kennedy先生配偶權益不適用
8,000,000股普通股
（「Kennedy先生」）4Notes: 附註：
(1)
All the above Shares are held in long position. (1)以上所有股份均以好倉持有。
(2)
Brilliant Blue Sky, wholly-owned by Mr. Howard, held 393,376,000 (2) Brilliant Blue Sky（由
Howard先生全資擁有）持有
393,376,000Shares. Mr. Howard is deemed to be interested in the 393,376,000 股股份。
Howard先生根據證券及期貨條例被視為於
Shares pursuant to the SFO. 393,376,000股股份中擁有權益。
(3)
Breadnbutter Holdings, wholly-owned by Mr. Smithers, held 174,888,000 (3) Breadnbutter Holdings（由
Smithers先生全資擁有）持有
Shares. Mr. Smithers is deemed to be interested in the 174,888,000 174,888,000股股份。
Smithers先生根據證券及期貨條例被
Shares pursuant to the SFO. 視為於
174,888,000股股份中擁有權益。
(4)
The spouse of Mr. Kennedy held 8,000,000 Shares. Mr. Kennedy is (4) Kennedy先生的配偶持有
8,000,000股股份。根據證券及期
deemed to be interested in the 8,000,000 Shares pursuant to the SFO.貨條例
Kennedy先生被視為於
8,000,000股股份中擁有權益。
IBI Group Holdings Limited
2020/2021中期報告
37
oTHer INFormATIoN
其他資料
iNteReStS ANd SHoRt PoSitioNS oF
SUBStANtiAl SHAReHoldeRS iN SHAReS,
UNdeRlyiNg SHAReS ANd deBeNtUReS
As at 30 September 2020, so far as was known to the Directors,
the following persons/entities (not being the Director or chief
executive) had, or deemed to have, interests or short positions in
the shares or underlying shares of the Company, its Group
members and/or associated corporations which would fall to be
disclosed to the Company under the provisions of Divisions 2 and 3
of Part XV of the SFO, or which recorded in the register required to
be kept by the Company under Section 336 of the SFO:
主要股東於股份、相關股份及債權證中的權
益及淡倉
於二零二零年九月三十日，就董事所深知，以下人
士╱實體（並非董事或主要行政人員）於本公司、其集團
成員公司及╱或相聯法團的股份或相關股份中，擁有或
被視為擁有根據證券及期貨條例第
XV部第
2及第
3分部
條文須向本公司披露的權益或淡倉，或已錄入根據證券
及期貨條例第
336條本公司須存置的登記冊內的權益或
淡倉：
Number and
Name
capacity/nature of interest class of Shares1
名稱
身份╱權益性質股份數目及類別
1
Approximate
percentage of
shareholding in
the total issued
share capital of
our company
佔本公司已發行
股本總額的
概約股權百分比
Brilliant Blue Sky Beneficial interest 393,376,000 49.17%
ordinary Shares
Brilliant Blue Sky實益權益
393,376,000
股普通股
Ms. Shuen Jolie Chung Howard2 Spouse/Interest in controlled 408,000,000 51.00%
corporation ordinary Shares
鍾旋女士
2配偶
╱受控法團權益
408,000,000
股普通股
Breadnbutter Holdings Beneficial interest 174,888,000 21.86%
ordinary Shares
Breadnbutter Holdings實益權益
174,888,000
股普通股
Ms. Yuk Fan Joe Lam3 Spouse/Interest in controlled 184,000,000 23.00%
corporation ordinary Shares
林玉芬女士
3配偶
╱受控法團權益
184,000,000
股普通股
Notes: 附註：
(1) All the above Shares are held in long position. (1)以上所有股份均以好倉持有。
(2)
Ms. Shuen Jolie Chung Howard, the spouse of Mr. Howard, is deemed to (2)鍾旋女士（Howard先生的配偶）根據證券及期貨條例被視為
be interested in the 14,624,000 Shares held by Mr. Howard, and the 於
Howard先生持有的
14,624,000股股份及
Howard先生透
393,376,000 Shares held by Mr. Howard through his controlled 過其受控法團
Brilliant Blue Sky持有的
393,376,000股股份中
corporation, Brilliant Blue Sky, pursuant to the SFO. 擁有權益。
(3)
Ms. Yuk Fan Joe Lam, the spouse of Mr. Smithers, is deemed to be (3)林玉芬女士（Smithers先生的配偶）根據證券及期貨條例被視
interested in the 9,112,000 Shares held by Mr. Smithers, and the 為於
Smithers先生持有的
9,112,000股股份及
Smithers先生
174,888,000 Shares held by Mr. Smithers through his controlled 透過其受控法團
Breadnbutter Holdings持有的
174,888,000corporation, Breadnbutter Holdings, pursuant to the SFO. 股股份中擁有權益。
IBI Group Holdings Limited
Interim Report 2020/2021
oTHer INFormATIoN
其他資料
coRPoRAte goveRNANce
The Company confirms that, other than the deviation from code
provision A.2.1, the Company had complied with all the code
provisions (「code Provisions」) set out in the Corporate
Governance Code contained in Appendix 14 to the Listing Rules
throughout the six months ended 30 September 2020.
Our Company complies with the Code Provisions with the
exception for Code Provision A.2.1, which requires the roles of
chairman and chief executive be different individuals. Under Code
Provision A.2.1 of the Corporate Governance Code, the roles of
chairman and chief executive should be separate and should not
be performed by the same individual. Mr. Neil David Howard holds
both positions. Mr. Howard has been primarily responsible for
overseeing our Group’s general management and business
development and for formulating business strategies and policies
for our business management and operations since he joined our
Group in 2006. Taking into account the continuation of
management and the implementation of our business strategies,
our Directors (including our independent non-executive Directors)
consider it is most suitable for Mr. Howard to hold both the
positions of chief executive officer and the chairman of our Board
and the present arrangements are beneficial and in the interests of
our Company and our shareholders (the 「Shareholders」) as a
whole. Our Company will continue to review and consider splitting
the roles of chairman of the Board and chief executive officer of our
Company at a time when it is appropriate and suitable by taking
into account the circumstances of our Group as a whole.
model code FoR SecURitieS
tRANSActioNS By diRectoRS
The Company has adopted the Model Code for Securities
Transactions by Directors of Listed Issuers as set out in Appendix
10 to the Listing Rules (the 「model code」) as its own code of
conduct for securities transactions. Following specific enquires of
all Directors, all Directors confirm that they have complied with the
required standards of dealing as set out in the Model Code
throughout the six months ended 30 September 2020.
企業管治
本公司確認，除偏離守則條文
A.2.1外，於截至二零二
零年九月三十日止六個月整段期間，本公司已遵守上市
規則附錄十四內企業管治守則所載所有守則條文（「守則
條文」）。
本公司遵守守則條文，惟規定主席與行政總裁的角色應
由不同人士擔任的守則條文
A.2.1除外。根據企業管治
守則守則條文
A.2.1，主席與行政總裁的角色應有區分，
並不應由一人同時兼任。
Neil David Howard先生兼任兩
個職務。
Howard先生自二零零六年加入本集團以來，
一直主要負責監督本集團的整體管理及業務發展以及就
業務管理及運營制定業務策略及政策。考慮到管理的持
續及業務策略的實施，董事（包括獨立非執行董事）認
為，
Howard先生同時擔任行政總裁及董事會主席職務
最為合適，當前安排屬有利且符合本公司及股東（「股
東」）的整體利益。本公司將繼續進行檢討，並會在計及
本集團整體情況後考慮於適當及合適時候將董事會主席
與本公司行政總裁的角色分開。
董事進行證券交易的標準守則
本公司已採納上市規則附錄十所載上市發行人董事進行
證券交易的標準守則（「標準守則」）作為其進行證券交易
的行為守則。經向全體董事作出具體查詢後，全體董事
確認，彼等於截至二零二零年九月三十日止六個月整段
期間已遵守標準守則所載交易必守標準。
IBI Group Holdings Limited
2020/2021中期報告
39
oTHer INFormATIoN
其他資料
AUdit committee
The Company established an audit committee of the Company (the
「Audit committee」) pursuant to a resolution of the Directors
passed on 20 September 2016 with written terms of reference in
compliance with Rule 3.21 and Rule 3.22 of the Listing Rules. The
written terms of reference of the Audit Committee were adopted in
compliance with the Code Provisions. Its terms of reference are
available on the websites of the Company and the Stock Exchange.
The Audit Committee consists of three independent non-executive
Directors, namely Mr. David John Kennedy (chairman), Mr. Richard
Gareth Williams and Mr. Robert Peter Andrews.
The unaudited consolidated interim financial statements for the six
months ended 30 September 2020 have not been audited or
reviewed by the Company’s external auditors, but have been
reviewed by the Audit Committee, and the Audit Committee is of
the view that the interim results for the six months ended 30
September 2020 are prepared in accordance with applicable
accounting standards, rules and regulations and appropriate
disclosures have been duly made.
iNteRim divideNd
The Board resolved the payment of an interim dividend of HK1.0
cent per ordinary share in respect of the reporting period to the
Shareholders whose names appear on the register of members of
the Company on Wednesday, 16 December 2020. It is expected
that the interim dividend will be paid on or around Friday, 15
January 2021. Based on 800,000,000 shares of the Company in
issue as at the date of this report, it is expected that the total
amount of interim dividend payable to the Shareholders is HK$8.0
million in aggregate for the six months ended 30 September 2020.
cloSURe oF RegiSteR oF memBeRS
The register of members of the Company will be closed from
Monday, 14 December 2020 to Wednesday, 16 December 2020
(both days inclusive) and during such period, no transfer of shares
of the Company will be registered. To ensure the entitlement to the
interim dividend, all transfer documents accompanied by the
relevant share certificates must be lodged with the Company’s
Hong Kong branch share registrar and transfer office, Tricor
Investor Services Limited at Level 54, Hopewell Centre, 183
Queen’s Road East, Hong Kong, for registration no later than 4:30
p.m. on Friday, 11 December 2020.
IBI Group Holdings Limited
Interim Report 2020/2021
審核委員會
本公司根據於二零一六年九月二十日通過的董事決議案
成立本公司審核委員會（「審核委員會」），其書面權責範
圍符合上市規則第
3.21及
3.22條。審核委員會的書面
權責範圍乃根據守則條文採納。其權責範圍可於本公司
及聯交所網站查閱。審核委員會由三名獨立非執行董事
組成，即
David John Kennedy先生（主席）、Richard
Gareth Williams先生及
Robert Peter Andrews先生。
截至二零二零年九月三十日止六個月的未經審核綜合中
期財務報表並未經本公司外聘核數師審核或審閱，惟已
由審核委員會審閱，而審核委員會認為截至二零二零年
九月三十日止六個月的中期業績乃根據適用會計準則、
規例及法規編製，並已妥善作出適當披露。
中期股息
董事會議決就報告期間向於二零二零年十二月十六日（星
期三）名列本公司股東名冊的股東派付中期股息每股普
通股
1.0港仙。預期中期股息將於二零二一年一月十五
日（星期五）或前後派付。按於本報告日期已發行本公司
股份
800,000,000股計算，預期就截至二零二零年九月
三十日止六個月應付股東的中期股息總額合共為
8.0百
萬港元。
暫停辦理股份過戶登記手續
本公司將於二零二零年十二月十四日（星期一）至二零二
零年十二月十六日（星期三）（包括首尾兩日）暫停辦理股
份過戶登記手續，期間將不會辦理任何本公司股份過戶
登記。為確保可享有中期股息，所有股份過戶文件連同
有關股票須於二零二零年十二月十一日（星期五）下午四
時三十分前送達本公司的香港股份過戶登記分處卓佳證
券登記有限公司，地址為香港皇后大道東
183號合和中
心
54樓，以辦理登記手續。
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