CITIC Limited Half-Year Report 2020

79 CITIC Limited Half-Year Report 2020 For the six months ended 30 June 2020 Notes to the Consolidated Financial Statements 25 Bank and other loans (continued) (c) Bank and other loans are denominated in the following currency 30 June 2020 31 December 2019 HK$ million HK$ million RMB 39,523 34,102 US$ 46,813 53,178 HK$ 55,968 51,766 Other currencies 9,458 11,632 151,762 150,678 Accrued interest 591 634 152,353 151,312 (d) As at 30 June 2020, the Group’s bank and other loans of HK$18,201 million (31 December 2019: HK$17,480 million) are pledged with cash and deposits, inventories, trade and other receivables, fixed assets, intangible assets, right-of-use assets and the interests in associates with an aggregate carrying amount of HK$70,141 million (31 December 2019: HK$70,196 million). (e) All of the Group’s banking facilities are subject to the fulfilment of covenants relating to balance sheet ratios or ownership of a minimum shareholding in certain entities of the Group, as are commonly found in lending arrangements with financial institutions. If the Group were to breach the covenants the drawn down facilities would become payable on demand. The Group regularly monitors its compliance with these covenants. Further details of the Group’s management of liquidity risk are set out in Note 29(b). As at 30 June 2020, none of the covenants relating to drawn down facilities have been breached (31 December 2019: Nil).