NewWorld Development Company Limited
FINANCIAL SECTION
178
32 FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS
(continued)
The financial assets at fair value through profit or loss are denominated in the following currencies:
2015
2014
HK$m
HK$m
United States dollar
767.0
336.2
Renminbi
57.9
71.0
Hong Kong dollar
–
178.7
Others
22.3
22.3
847.2
608.2
33 CASH AND BANK BALANCES
2015
2014
HK$m
HK$m
Cash at banks and on hand
22,954.4
28,128.7
Bank deposits – unrestricted
36,397.3
33,597.1
59,351.7
61,725.8
Bank deposits – restricted
113.5
97.4
59,465.2
61,823.2
The effective interest rates on bank deposits range from 0.001% to 5.3% (2014: 0.001% to 4.41%) per annum and
these deposits have maturities ranging from 1 to 731 days (2014: 1 to 1,096 days).
The carrying amounts of the cash and bank balances are denominated in the following currencies:
2015
2014
HK$m
HK$m
Hong Kong dollar
26,009.0
28,098.4
Renminbi
25,451.4
22,210.1
United States dollar
7,755.3
11,290.3
Others
249.5
224.4
59,465.2
61,823.2
Restricted bank deposits are funds which are pledged to secure certain borrowings (note 39) and interest rate
swaps.
The conversion of Renminbi denominated balances into foreign currencies and the remittance of foreign currencies
denominated bank balances and cash out of the PRC are subject to relevant rules and regulations of foreign
exchange control promulgated by the PRC government.
