东方表行集团2023中期业绩报告

For the six months ended 30 September 2023截至二零二三年九月三十日止六個月 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY簡明綜合權益變動表 For the six months ended 30 September 2023截至二零二三年九月三十日止六個月 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY簡明綜合權益變動表 For the six months ended 30 September 2023截至二零二三年九月三十日止六個月 Notes: (a) (a)The special reserve of the Group comprises the differencebetween the nominal amount of the share capital issuedby the Company and the nominal amount of the issuedshare capital and special reserves of those companieswhich were acquired by the Company pursuant to a groupreorganisation in 1993. The special reserves of theseacquired subsidiaries represent the credit arising onreduction of their paid up share capital under the groupreorganisation. (b)6,000,00060,000,00015,698,00090%96% (b)S u b s e q u e n t t o( “ L i L o o n g ” )becoming a subsidiary of the Company in May 2013, theGroup further subscribed 6,000,000 shares of Li Loong inSeptember 2013, for a cash consideration of New TaiwanDollar (“NT$”) 60,000,000 (equivalent to HK$15,698,000).The Group’s equity interest in Li Loong increased from 90%to 96%. This is accounted for as a deemed acquisitionof additional interests in a subsidiary and the differencesbetween the amount of non-controlling interests and fairvalue of consideration paid upon acquisition of additionalinterests in a subsidiary has been recognised as capitalreserve. (c)10% (c)In accordance with relevant laws and regulations forforeign investment enterprises in the People’s Republic ofChina (the “PRC”), the PRC subsidiaries are required totransfer 10% of their profit after taxation reported in theirstatutory financial regulations applicable to enterprisesestablished in the PRC (the “PRC GAAP”) to the statutoryreserve. CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS簡明綜合現金流量表 For the six months ended 30 September 2023截至二零二三年九月三十日止六個月 NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS簡明綜合財務報表附註 For the six months ended 30 September 2023截至二零二三年九月三十日止六個月 1.編撰基準 1.BASIS OF PREPARATION 3416 The condensed consolidated financial statementshave been prepared in accordance with Hong KongAccounting Standard (“HKAS”) 34 “Interim FinancialReporting” issued by the Hong Kong Institute ofCertified Public Accountants (the “HKICPA”) as wellas with the applicable disclosure requirements ofAppendix 16 to the Rules Governing the Listing ofSecurities on The Stock Exchange of Hong KongLimited. 2.主要會計政策 2.PRINCIPAL ACCOUNTING POLICIES The condensed consolidated financial statementshave been prepared on the historical cost basisexcept for certain financial instruments, which aremeasured at fair values. Other than additional accounting policy resultingfrom application of new and amendments to HongKong Financial Reporting Standards (“HKFRSs”),the accounting policies and methods of computationu s e d i n t h e c o n d e n s e d c o n s o l i d a t e d f i n a n c i a lstatements for the six months ended 30 September2023 are the same as those presented in the Group’sannual financial statements for the year ended 31March 2023. NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS簡明綜合財務報表附註 For the six months ended 30 September 2023截至二零二三年九月三十日止六個月 2.主要會計政策 2.PRINCIPAL ACCOUNTING POLICIES(Continued) 應用香港財務報告準則之修訂本 Application of amendments to HKFRSs In the current interim period, the Group has appliedthe following new and amendments to HKFRSsissued by the HKICPA, for the first time, which aremandatorily effective for the annual period beginningon 1 April 2023 for the preparation of the Group’scondensed consolidated financial statements: 17171281212– HKFRS 17 (including theOctober 2020 andFebruary 2022Amendments toHKFRS 17)Insurance Contracts Amendments to HKAS 1and HKFRS PracticeStatement 2Disclosure of AccountingPolicies The application of the new and amendments toHKFRSs in the current interim period has had nomaterial impact on the Group’s financial positionsand performance for the current and prior periodsand/or on the disclosures set out in these condensedconsolidated financial statements. NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS簡明綜合財務報表附註 For the six months ended 30 September 2023截至二零二三年九月三十日止六個月 3.收益及分部資料 3.REVENUE AND SEGMENT INFORMATION The Group’s operation is principally sales of watches.T h e G ro u p ’s re v e n u e re p re s e n t s c o n s i d e r a t i o nreceived or receivable from sales of watches. Information reported to the executive directors ofthe Company, being the chief operating decisionmaker, for the purpose of resource allocation andassessment of segment performance is analysedbased on the geographical markets of the goodssold, which is also the basis of organisation of theGroup for managing the business operations. (a)(b)(c) Specifically, the Group had three operating segments,being (a) Hong Kong, (b) the PRC and (c) Macau. Nooperating segments identified by the chief operatingdecision maker have been aggregated in arri