Page 145 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報
P. 145
Notes to the Financial Statements 財務報表附註
2.4 Summary of significant accounting policies 2.4 主要會計政策概要ᚃ
(continued)
Fair value measurement (continued) 公允࠽計量ᚃ
A fair value measurement of a non-financial asset takes into account ڢৌਕ༟ପٙʮʪ࠽ࠇඎϽᅇ̹ఙ
a market participant’s ability to generate economic benefits by using ਞၾ٫ঐІ௰ɽࠢܓԴ͜༈༟ପ༺ߧ
the asset in its highest and best use or by selling it to another market ௰Գ͜dאਗ਼༈༟ପ̈ਯʚਗ਼௰ɽ
participant that would use the asset in its highest and best use. ࠢܓԴ͜༈༟ପ༺ߧ௰Գٙ͜Չ˼
̹ఙਞၾ٫dהପ͛ٙࣖूf
The Housing Society uses valuation techniques that are appropriate ג܊ึમॶቇ͜ʔΝઋر˲Ո௪
in the circumstances and for which sufficient data are available to ̂ʱᅰኽ˸Զࠇඎʮ ʪ ࠽ٙП࠽˙
measure fair value, maximising the use of relevant observable inputs جd˸ኋඎԴ͜ᗫ̙ᝈ࿀፩ɝᅰኽ
and minimising the use of unobservable inputs. ʿኋඎಯˇԴ͜ʔ̙ᝈ࿀፩ɝᅰኽf
All assets and liabilities for which fair value is measured or disclosed הϞ༱͉ৌਕజڌࠇඎאמᚣٙ༟
in the financial statements are categorised within the fair value ପʿࠋවɗਿ࿁ʮʪ࠽ࠇඎϾ
hierarchy, described as follows, based on the lowest level input that is Ԋ᙮ࠠɽٙ௰Эᄴ፩ɝᅰኽܲ˸ɨʮ
significant to the fair value measurement as a whole: ʪ࠽ഃॴʱᗳj
Level 1 — based on quoted prices (unadjusted) in active markets for ୋɓॴ — ਿΝ༟ପאࠋවݺ
identical assets or liabilities ᚔ̹ఙٙజᄆ͊ሜ
Level 2 — based on valuation techniques for which the lowest level ୋɚॴ — ਿ࿁ʮʪ࠽ࠇඎϾԊ᙮
input that is significant to the fair value measurement is observable, ࠠɽ̙ٙᝈ࿀ٜટאගટ௰Эᄴ፩
either directly or indirectly ɝᅰኽٙП࠽˙ج
Level 3 — based on valuation techniques for which the lowest level ୋɧॴ — ਿ࿁ʮʪ࠽ࠇඎϾԊ᙮
input that is significant to the fair value measurement is ࠠɽٙʔ̙ᝈ࿀௰Эᄴ፩ɝᅰኽٙП
unobservable ࠽˙ج
For assets and liabilities that are recognised in the financial ఱܲ੬͉ৌਕజڌᆽႩٙ༟ପ
statements on a recurring basis, the Housing Society determines ʿࠋවϾԊdג܊ึீཀజѓ
whether transfers have occurred between levels in the hierarchy by ಂ͋ࠠอ൙Пʱᗳਿ࿁ʮʪ࠽ࠇ
reassessing categorisation (based on the lowest level input that is ඎϾԊ᙮ࠠɽٙ௰Эᄴ፩ɝᅰኽ
significant to the fair value measurement as a whole) at the end of ᆽ֛݊щ೯͛ʔΝഃॴᔷf
each reporting period.
香港房屋協會2017/18年度年報 143
