Page 221 - Hong Kong Housing Society Annual Report 2024/25

AUDITED FINANCIAL STATEMENTS 已審核財務報表
NOTES TO THE FINANCIAL STATEMENT 財務報表附註

5. Financial risk management objectives and 5. 財務風險管理目標及政策 （續）
policies (continued)

(a) Credit risk (continued) (a) 信貸風險 （續）
The Housing Society has no significant concentration 因房屋協會的信貸風險分散於眾
of credit risk, with exposure spread over a number of 多交易對手中，所以風險並不集
counterparties. 中。
(b) Liquidity risk (b) 流通風險

Liquidity risk is the risk that the Housing Society is 流通風險是指房屋協會未能償付
not able to meet its obligations and commitments as 到期清繳的責任及承擔的風險。
they fall due. All the Housing Society’s investments are 所有房屋協會的投資是會保持足
kept sufficiently liquid and readily realisable to meet 夠的流通性及能即時變現的，以
operation needs and any unexpected cash demands. 配合營運需要及償付非預期的現
In addition, the Housing Society also monitors the 金需求。此外，房屋協會亦定期
liquidity risk by performing cash flow analysis on a 擬備現金流量分析用來監控其流
regular basis. 通風險。

Apart from certain accounts payable, loans from banks 除財務報表附註二十，二十二以
and loans from government which are not expected 及二十三披露某部分的應付賬
to be settled within one year after the end of the 項，銀行貸款及政府貸款將於一
reporting period as disclosed in notes 20, 22 and 23 to 年以後到期外，其他無利息負債
the financial statements, all other financial liabilities, 將於一年內到期償還。
which are non-interest bearing, are expected to be
settled within one year.
(c) 市場風險
(c) Market risk

Market risk is the risk of loss arising from the 市場風險是因外幣兌換價、利率
movement of foreign exchange rates, interest rates 及證券入市價的變動所產生的損
and market price of securities. The Housing Society is 失。房屋協會因透過股票及固定
exposed to market risk through its equities and fixed 收益組合投資而須面對此等市場
income investments. 風險。

Hong Kong Housing Society Annual Report 2024/25 香港房屋協會 2024/25 年度年報 219