Company: FEBO
Filing Date: 2025-05-14
Form Type: 20-F
Source: 0001641172-25-010075
Chunk: 184

Company: Fenbo Holdings Ltd
Filing Date: 2025-05-14
Form: 20-F
Item: Item 18
Chunk 184
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 liabilities                                                                                                         
  Current                                                 4,060                              5,822                               750  
  Non-current                                               198                              9,482                             1,221  
  Total                                                   4,258                             15,304                             1,971  

A
summary of lease costs recognized in the Company’s consolidated statements of income and supplemental cash flow information relating
to the operating leases is as follows:

Schedule of condensed consolidated statement of income and cash flow

                                                                                2023                                           2024                     2024                
                                                                                For the year ended December 31                                                              
                                                                                2023                                           2024                     2024                
                                                                                HK$’000                                        HK$’000                  US$’000             
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Amortization charge of right-of use assets                                                                        5,410                    6,824                     879  
  Right-of-use assets obtained in exchange for operating lease liabilities                                              -                   17,604                   2,260  
  Interest on lease liabilities                                                                                       313                      368                      47  
  Cash paid for operating leases                                                                                    6,301                    6,935                     893  

Future
undiscounted lease payments as of December 31, 2024 are as follows:

Schedule
of future undiscounted lease payments

  Year ending December 31                                         
 ──────────────────────────────────────────────────────────────────
  2025                                          6,240        803  
  2026                                          6,234        803  
  2027                                          3,492        450  
  Future minimum operating lease payments      15,966      2,056  
  Less: Imputed interest                        ( 662       ( 85  
  Total operating lease liabilities            15,304      1,971  

Note
8Other payables and accrued liabilities

Other payables and accrued liabilities consisted of the following:

Schedule
of other payables and accrued liabilities

                          HK$’000                           HK$’000                           US$’000           
                          December 31, 2023                 December 31, 2024                                   
                          HK$’000                           HK$’000                           US$’000           
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Accrued salary                                 4,561                             6,272