XML 63 R32.htm IDEA: XBRL DOCUMENT v3.25.1
Lease liabilities
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
Lease liabilities

23. Lease liabilities

 

   2024   2024   2023 
   US$   HK$   HK$ 
             
Lease liabilities payable:               
                
Within one year   4,911,202    38,148,743    37,983,588 
Within a period of more than one year but not more than 5 years   4,669,116    36,268,295    38,999,779 
                
Lease liabilities   9,580,318    74,417,038    76,983,367 
                
Less: portion classified as current  liabilities   (4,911,202)   (38,148,743)   (37,983,588)
                
Non-current liabilities   4,669,116    36,268,295    38,999,779 

 

The incremental borrowing rates at 2.6% to 8.4% (2023: 2.6% to 8.4%) per annum.

 

Lease obligations that are denominated in currencies other than the functional currencies of the relevant group entities are set out below:

 

   Taiwan New
Dollars		 
   HK$ 
     
As at December 31, 2024   7,295 
      
As at December 31, 2023   7,563 

  

 

MasterBeef Group and its subsidiaries

 

 

 

Notes to the Consolidated Financial Statements (Continued)

December 31, 2024, 2023 and 2022