Mascotte Holdings Limited board of directors announced that the group is expected to record a loss for the year ended 31 March 2014, though significantly decreased as compared to the loss for the year ended 31 March 2013. Based on the financial information currently available to the Group, the loss for the year ended 31 March 2014 is mainly attributable to: finance costs in the sum of approximately HKD 152.0 million; and losses in relation to alteration of terms of consideration bonds in the sum of approximately HKD 323.0 million.