# 49. SHARE OPTION SCHEME (Continued)

# (b) Share Option Scheme (Continued)

The fair values of share options granted were calculated using the Black-Scholes option pricing model for the years ended 31 December 2016 and 2015. The inputs into the model were as follows:

49. 購股權計劃（續）

(b) 購股權計劃（續）

於截至二零一六年及二零一五年十二月三十一日止年度內，已授出購股權之公平值乃使用伯力克－舒爾茲期權定價模式計算。輸入該模式之數據如下：

<table><tr><td></td><td>11 December 
2014 
二零一四年
十二月十一日</td><td>8 June 2015
二零一五年
六月八日</td><td>11 December 
2015
二零一五年
十二月十一日</td><td>5 July
2016
二零一六年
七月五日</td><td>8 November
2016
二零一六年
十一月八日</td><td>12 December 
2016
二零一六年
十二月十二日</td></tr><tr><td>Exercise price        行使價</td><td>HK$1.814港元</td><td>HK$2.13港元</td><td>HK$3.37港元</td><td>HK$3.49港元</td><td>HK$0.98港元</td><td>HK$0.786港元</td></tr><tr><td>Adjusted exercise price    經調整行使價</td><td>HK$0.3628港元</td><td>HK$0.426港元</td><td>HK$0.674港元</td><td>HK$0.698港元</td><td>N/A不適用</td><td>N/A不適用</td></tr><tr><td>Expected volatility      預期波幅</td><td>41.71%-42.35%</td><td>44.45%-49.47%</td><td>48.48%-50.96%</td><td>30.23%-50.51%</td><td>38.61%-52.79%</td><td>44.32%-53.52%</td></tr><tr><td>Expected life         預期年期</td><td>2-5 years年</td><td>2-5 years年</td><td>2-4 years年</td><td>2.5-10 years年</td><td>10 years年</td><td>10 years年</td></tr><tr><td>Expected dividend yield   預期股息收益</td><td>0.676%</td><td>0.219%</td><td>0.287%</td><td>0.264%</td><td>0.164%</td><td>0.215%</td></tr><tr><td>Risk-free rate        無風險利率</td><td>0.43%-1.237%</td><td>0.48%-1.31%</td><td>0.404%-0.895%</td><td>0.42%-0.93%</td><td>1.12%</td><td>1.57%</td></tr></table>

Expected volatility of the options granted under the Pre-IPO Share Option Scheme and Share Option Scheme was determined by using the historical volatility of the share price of comparable companies and the Company respectively. The expected life used in the model has been adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions and behavioral considerations.

The Group recognised the total expenses of approximately RMB109,986,000 for the year ended 31 December 2016 (2015: RMB43,999,000) in relation to share options granted by the Company.

In the opinion of directors, regarding the share option granted to Company’s consultants, the fair value of the service rendered by consultants cannot reliably measured because the nature of services rendered by them includes but not limit to build up investors relationships, enhance corporate strategy and branding etc., which may not have a quantifiable and measurable effect for assessment. Thus, the fair value of the service rendered is by reference to the fair value of share option granted to them and recognised in profit or loss for the years ended 31 December 2016 and 2015 accordingly.

根據首次公開發售前購股權計劃及購股權計劃授出之購股權之預期波幅乃分別採用可資比較公司及本公司之股價之過往波幅而釐定。該模式所採用之預期年期已根據管理層之最佳估計就不可轉讓性、行使限制及行為因素作出調整。

本集團於截至二零一六年十二月三十一日止年度就本公司授出之購股權確認開支總額約人民幣109,986,000元（二零一五年：人民幣43,999,000元）。

董事認為，就本公司顧問獲授之購股權而言，顧問提供服務之公平值無法可靠計量，原因為其提供服務之性質包括但不限於建立投資者關係，提升企業策略及品牌等，其可能並無可量化及可計量之效果以供評估。因此，所提供服務之公平值乃參考彼等獲授購股權之公平值釐定，並相應於截至二零一六年及二零一五年十二月三十一日止年度之損益表確認。

# 50. INFORMATION ABOUT THE STATEMENT OF FINANCIAL POSITION OF THE COMPANY

Statement of financial position of the Company at the end of the reporting period is as follows:

50. 有關本公司之財務狀況表之資料

於報告期末本公司之財務狀況表如下：

<table><tr><td></td><td></td><td colspan="2">As at 31 December
於十二月三十一日</td></tr><tr><td></td><td></td><td>2016 
二零一六年</td><td>2015
二零一五年</td></tr><tr><td></td><td>Notes 
附註</td><td>RMB’000 
人民幣千元</td><td>RMB’000
人民幣千元</td></tr><tr><td rowspan="2">Non-current asset          非流動資產
Investments in subsidiaries       於附屬公司之投資</td><td rowspan="2">a</td><td rowspan="2">–</td><td rowspan="2">–</td></tr><tr><td>Current assets            流動資產</td><td></td><td></td><td></td></tr><tr><td>Prepayments and other receivables   預付賬款及
其他應收款項</td><td></td><td>1,246</td><td>521</td></tr><tr><td>Amounts due from subsidiaries     應收附屬公司款項</td><td>c</td><td>5,716,177</td><td>2,384,963</td></tr><tr><td>Amounts due from joint ventures    應收合營企業款項</td><td>c</td><td>9,981</td><td>8,629</td></tr><tr><td>Held-for trading securities       持作買賣證券</td><td></td><td>20,902</td><td>–</td></tr><tr><td>Bank balances and cash        銀行結餘及現金</td><td></td><td>171,721</td><td>83,396</td></tr><tr><td></td><td></td><td>5,920,027</td><td>2,477,509</td></tr><tr><td>Current liabilities           流動負債</td><td></td><td></td><td></td></tr><tr><td>Accruals               應計費用</td><td></td><td>8,266</td><td>6,313</td></tr><tr><td>Amounts due to subsidiaries      應付附屬公司款項</td><td>c</td><td>230,654</td><td>105,306</td></tr><tr><td>Amount due to a related company   應付一間</td><td></td><td></td><td></td></tr><tr><td>關連公司款項</td><td>d</td><td>–</td><td>395</td></tr><tr><td>Corporate bonds           公司債券</td><td></td><td>–</td><td>173,719</td></tr><tr><td></td><td></td><td>238,920</td><td>285,733</td></tr><tr><td>Net current assets          流動資產淨值</td><td></td><td>5,681,107</td><td>2,191,776</td></tr><tr><td>Total assets less current liabilities 總資產減流動負債</td><td></td><td>5,681,107</td><td>2,191,776</td></tr><tr><td>Non-current liabilities        非流動負債</td><td></td><td></td><td></td></tr><tr><td>Borrowings              借貸</td><td></td><td>542,576</td><td>–</td></tr><tr><td>Corporate bonds           公司債券</td><td></td><td>65,265</td><td>60,044</td></tr><tr><td>Convertible bonds           可換股債券</td><td></td><td>1,393,172</td><td>234,098</td></tr><tr><td></td><td></td><td>2,001,013</td><td>294,142</td></tr><tr><td>Net assets              資產淨值</td><td></td><td>3,680,094</td><td>1,897,634</td></tr><tr><td>Capital and reserves         資本及儲備</td><td></td><td></td><td></td></tr><tr><td>Share Capital             股本</td><td></td><td>358,259</td><td>321,642</td></tr><tr><td>Reserves               儲備</td><td>b</td><td>3,321,835</td><td>1,575,992</td></tr><tr><td>Total equity             權益總額</td><td></td><td>3,680,094</td><td>1,897,634</td></tr></table>