香港食品投资中期报告2024-2025

The board of directors (the “Board”) of Hong Kong Food InvestmentHoldings Limited (the “Company”) presents the unaudited condensedconsolidated statement of financial position as at 30 September 2024of the Company and its subsidiaries (collectively referred to as the“Group”) and the unaudited condensed consolidated statement of profitor loss, unaudited condensed consolidated statement of comprehensiveincome, unaudited condensed consolidated statement of changes inequity and unaudited condensed consolidated statement of cash flowsfor the six months ended 30 September 2024 as follows: CONDENSED CONSOLIDATEDSTATEMENT OF PROFIT OR LOSS CONDENSED CONSOLIDATEDSTATEMENT OF COMPREHENSIVEINCOME CONDENSED CONSOLIDATEDSTATEMENT OF CHANGES IN EQUITY(continued) *419,726,000420,742,000 CONDENSED CONSOLIDATEDSTATEMENT OF CASH FLOWS CASH FLOWS FROM OPERATINGACTIVITIESLoss before tax CASH FLOWS FROM FINANCINGACTIVITIESNew bank and trust receipt loans ANALYSIS OF BALANCES OF CASHAND CASH EQUIVALENTS NOTES TO THE CONDENSEDCONSOLIDATED FINANCIALSTATEMENTS 1. 1.ACCOUNTING POLICIES D234 The unaudited condensed consolidated interim financial statements areprepared in accordance with the applicable disclosure requirementsof Appendix D2 to the Rules Governing the Listing of Securities (the“Listing Rules”) on The Stock Exchange of Hong Kong Limited (“StockExchange”) and the Hong Kong Accounting Standard (“HKAS”) 34“Interim Financial Reporting” issued by the Hong Kong Institute ofCertified Public Accountants (“HKICPA”). Theaccounting policies and basis of preparation adopted in thepreparation of the unaudited condensed consolidated interim financialstatements are consistent with those adopted in the preparation of theannual financial statements for the year ended 31 March 2024. 436 The financial information relating to the year ended 31 March 2024 thatis included in the unaudited condensed consolidated interim financialstatements for the six months ended 30 September 2024 as comparativeinformationdoes not constitute the Company’s statutory annualconsolidated financial statements for that year but is derived from thoseconsolidated financial statements. Further information relating to thesestatutory financial statements required to be disclosed in accordance withsection 436 of the Hong Kong Companies Ordinance is as follows: 662(3)63406(2)407(2)(3) The Company has delivered the consolidated financial statements for theyear ended 31 March 2024 to the Registrar of Companies as required bysection 662(3) of, and Part 3 of Schedule 6 to, the Hong Kong CompaniesOrdinance. The Company’s auditor has reported on the consolidatedfinancial statements. The auditor’s report was unqualified; did not includea reference to any matters to which the auditor drew attention by way ofemphasis without qualifying its report; and did not contain a statementunder sections 406(2), 407(2) or (3) of the Hong Kong CompaniesOrdinance. In the current period, the Group has adopted, for the first time, a numberof revised Hong Kong Financial Reporting Standards (“HKFRSs”), whichare effective for accounting periods beginning on or after 1 April 2024. 161 Amendments to HKFRS 16Amendments to HKAS 1Amendments to HKAS 1Amendments to HKAS 7 andHKFRS 7 Lease Liability in a Sale and Leaseback Classification of Liabilities asCurrent or Non-current (the “2020Amendments”)Non-current Liabilities with Covenants(the “2022 Amendments”)Supplier Finance Arrangements 177 1. 1.ACCOUNTING POLICIES(continued) The nature and impact of the revised HKFRSs are described below: (a)1616 (a)Amendments to HKFRS 16 specify the requirements that a seller-lessee uses in measuring the lease liability arising in a sale andleaseback transaction to ensure the seller-lessee does not recogniseany amount of the gain or loss that relates to the right of use itretains. Since the Group has no sale and leaseback transactionswith variable lease payments that do not depend on an index or arate occurring from the date of initial application of HKFRS 16, theamendments did not have any impact on the financial position orperformance of the Group. (b)The 2020 Amendments clarify the requirements for classifyingliabilities as current or non-current, including what is meant bya right to defer settlement and that a right to defer must exist atthe end of the reporting period. Classification of a liability isunaffected by the likelihood that the entity will exercise its rightto defer settlement. The amendments also clarify that a liabilitycan be settled in its own equity instruments, and that only if aconversion option in a convertible liability is itself accounted foras an equity instrument would the terms of a liability not impact itsclassification. The 2022 Amendments further clarify that, amongcovenants of a liability arising from a loan arrangement, only thosewith which an entity must comply on or before the reporting dateaffect the classification of that liability as current or non-current