Page 160 - URA Annual Report 2021-22

NOTES TO THE FINANCIAL STATEMENTS
(expressed in Hong Kong Dollars)
11. Trade and other receivables
(a) Other receivables
Other receivables under non-current assets represent Buyer’s Stamp Duty and Ad Valorem Double Stamp Duty that the Group will claim for refund from the Government upon the happening of the refund event in accordance with Stamp Duty Ordinance Chapter 117.
(b) Trade and other receivables
As at 31 March 2022, the trade and other receivables are current in nature and analysed as follows:
Trade receivables and prepayments Interest receivables
Other receivables and deposits
Balance at 31 March
2022 $’000
67,539 33,272 59,590
160,401
2021 $’000
60,080 44,268 29,593
133,941
trade and other
2021 $’000
- 324,077
All of trade and other receivables are expected to be recovered within one year.
The maximum exposure to credit risk of the Group is the carrying amount of receivables.
12. Investments
As at 31 March 2022, the debt securities investments are analysed as follows:
Investments at amortised cost - Non-current portion
- Current portion
2022 $’000
650,000 83,325
733,325
As at 31 March 2022, the Group’s debt securities investments represent high quality corporate bonds.
324,077
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