PLUTUS FINANCIAL GROUP LIMITED AND ITS SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
| 7. |
RECEIVABLES FROM CUSTOMERS, BROKER-DEALERS AND CLEARING ORGANIZATION |
SCHEDULE
OF RECEIVABLES FROM CUSTOMERS
| | |
2023 | | |
2024 | | |
2024 | |
| | |
As of December 31, | |
| | |
2023 | | |
2024 | | |
2024 | |
| | |
HKD’000 | | |
HKD’000 | | |
US$’000 | |
| | |
| | |
| | |
| |
| Amounts due on brokerage transaction | |
| 7,317 | | |
| - | | |
| - | |
| Asset management and advisory fee receivables | |
| 1,400 | | |
| 525 | | |
| 67 | |
| Receivables from broker-dealers | |
| 1,020 | | |
| 276 | | |
| 35 | |
| Receivables from clearing organization | |
| 2,285 | | |
| 696 | | |
| 90 | |
| Receivables from customers,
broker-dealers and clearing organization | |
| 12,022 | | |
| 1,497 | | |
| 192 | |
| Less: allowance for expected credit losses | |
| - | | |
| (24 | ) | |
| (3 | ) |
| Total | |
| 12,022 | | |
| 1,473 | | |
| 189 | |
The movement of the allowance for expected credit
losses was as follows:
SCHEDULE
OF ALLOWANCE FOR EXPECTED CREDIT LOSSES
| | |
2023 | | |
2024 | | |
2024 | |
| | |
As of December 31, | |
| | |
2023 | | |
2024 | | |
2024 | |
| | |
HKD’000 | | |
HKD’000 | | |
US$’000 | |
| | |
| | |
| | |
| |
| Balance at the beginning of year | |
| - | | |
| - | | |
| - | |
| Charged to consolidated statements of loss and comprehensive loss | |
| - | | |
| 24 | | |
| 3 | |
| Balance at the end of the year | |
| - | | |
| 24 | | |
| 3 | |
|