FINANCIAL INFORMATION

The following table sets out the details of our current assets and liabilities as at the end of the financial years indicated.

<table><tr><td rowspan="4"></td><td colspan="3">At 31 December</td><td> At 31 May</td><td>At
30 September</td></tr><tr><td>2008</td><td>2009</td><td>2010</td><td>2011</td><td>2011</td></tr><tr><td>HK$’000</td><td> HK$’000</td><td> HK$’000</td><td> HK$’000</td><td> HK$’000</td></tr><tr><td>(audited)</td><td> (audited)</td><td> (audited)</td><td> (audited)</td><td> (unaudited)</td></tr><tr><td>Current assets</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Loan receivables</td><td>156,381</td><td>118,795</td><td>123,074</td><td>130,194</td><td>138,137</td></tr><tr><td>Prepayments, deposits and other
receivables</td><td>394</td><td>851</td><td>4,197</td><td>4,296</td><td>4,664</td></tr><tr><td>Due from a related company</td><td>226</td><td>— 
</td><td>— 
</td><td>— 
</td><td>— 
</td></tr><tr><td>Cash and cash equivalents</td><td>6,772</td><td>8,388</td><td>1,848</td><td>5,362</td><td>6,170</td></tr><tr><td>Tax receivable</td><td>— 
</td><td>— 
</td><td>932</td><td>1,316</td><td>293</td></tr><tr><td>Total current assets</td><td>163,773</td><td>128,034</td><td>130,051</td><td>141,168</td><td>149,264</td></tr><tr><td>Current liabilities</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Account payables</td><td>76</td><td>56</td><td>— 
</td><td>— 
</td><td>— 
</td></tr><tr><td>Accruals and other payables</td><td>2,727</td><td>2,380</td><td>5,965</td><td>6,868</td><td>5,332</td></tr><tr><td>Interest-bearing loans</td><td>30,500</td><td>15,606</td><td>35,686</td><td>45,260</td><td>36,920</td></tr><tr><td>Tax payable</td><td>5,840</td><td>2,185</td><td>— 
</td><td>— 
</td><td>— 
</td></tr><tr><td>Total current liabilities</td><td>39,143</td><td>20,227</td><td>41,651</td><td>52,128</td><td>42,252</td></tr><tr><td>Net current assets</td><td>124,630</td><td>107,807</td><td>88,400</td><td>89,040</td><td>107,012</td></tr></table>

Net current assets remained stable as at 31 December 2009 at HK\$107.8 million compared with as at 31 December 2008. The amount of loan receivables had reduced by about 24% from HK\$156.4 million to HK\$118.8 million mainly due to the repayment of loans of an aggregate of HK\$22.8 million by a customer in September and November 2009 respectively and repayment of several fixed loans and mortgage loans during the year. As we had financed the loan to the aforesaid customer partly with short term borrowings, our Group had substantially repaid such short term borrowings after the customer’s repayment. As our equity capital increased with our profitability, we had progressively reduced our reliance on borrowings to fund our operations. Consequently, short term loans borrowed from Independent Third Party Lenders and Shareholders reduced substantially from HK\$30.5 million as at 31 December 2008 to nil as at 31 December 2009. Meanwhile, our Group obtained a mortgage loan in 2009 which amounted to approximately HK\$15.6 million as at 31 December 2009 in relation to the acquisition of office premises for own use and as investment properties.

Net current assets decreased by approximately 18.0% from HK\$107.8 million as at 31 December 2009 to HK\$88.4 million as at 31 December 2010 as we had drawn down two loans from Independent Third Party lenders which in aggregate amounted to HK\$20.0 million. Prepayments, deposits and other receivables increased from HK\$0.9 million as at 31 December 2009 to HK\$4.2 million as at 31 December 2010 mainly due to the prepayment

FINANCIAL INFORMATION

of listing expenses during the year. Accruals and other payables increased from HK\$2.4 million as at 31 December 2009 to HK\$6.0 million as at 31 December 2010 due mainly to accruals for expenses relating to the Listing. There was tax receivable amounting to about HK\$0.9 million due to refund of provisional tax previously paid which was higher than actual tax payable for the year ended 31 December 2010.

As a result of (i) our expansion of loan portfolio during the second half of 2010 where loan receivables increased from HK\$118.8 million as at 31 December 2009 to HK\$123.1 million as at 31 December 2010; and (ii) payment of the Pre-IPO Dividend in October 2010, our cash balance as at year-end decreased from approximately HK\$8.4 million as at 31 December 2009 to HK\$1.8 million as at 31 December 2010. To finance our loan portfolio expansion, we had also incurred the aforesaid HK\$20 million in additional borrowings.

Net current assets remained relatively stable at approximately HK\$89.0 million as at 31 May 2011. Our loan receivable balances increased from HK\$123.1 million as at 31 December 2010 to HK\$130.2 million as at 31 May 2011. Meanwhile, the interest-bearing loans balance increased from HK\$35.7 million as at 31 December 2010 to HK\$45.3 million as at 31 May 2011 as we obtained additional borrowings from Independent Third Party lenders during the period to finance our loan portfolio expansion. Our accruals and other payables increased from HK\$6.0 million to HK\$6.9 million due mainly to increased accruals for operating expenses. Our cash and cash equivalent balance increased to HK\$5.4 million as at 31 May 2011.

# Cash Flow

The following table sets out a summary of net cash flow for the financial years indicated.

<table><tr><td rowspan="3"></td><td colspan="3">Year ended 31 December</td><td colspan="2">Five months
ended 31 May</td></tr><tr><td>2008</td><td>2009</td><td>2010</td><td>2010</td><td>2011</td></tr><tr><td>HK$’000</td><td> HK$’000</td><td> HK$’000</td><td> HK$’000</td><td> HK$’000</td></tr><tr><td>Net cash (used in)/from operating activities</td><td>(61,401)</td><td>69,321</td><td>(15,100)</td><td>14,536</td><td>(5,453)</td></tr><tr><td>Net cash used in investing activities</td><td>(768)</td><td>(48,200)</td><td>(5,408)</td><td>(10,763)</td><td>166</td></tr><tr><td>Net cash from/(used in) financing activities</td><td>64,885</td><td>(19,505)</td><td>13,968</td><td>225</td><td>8,801</td></tr><tr><td>Net increase/(decrease) in cash and cash
equivalents</td><td>2,716</td><td>1,616</td><td>(6,540)</td><td>3,998</td><td>3,514</td></tr><tr><td>Cash and cash equivalents at beignning of
year/iperod</td><td>4,056</td><td>6,772</td><td>8,388</td><td>8,388</td><td>1,848</td></tr><tr><td>Cash and cash equivalents at end of
year/period</td><td>6,772</td><td>8,388</td><td>1,848</td><td>12,386</td><td>5,362</td></tr></table>