Page 150 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報

AUDITED FINANCIAL STATEMENTS 已審核財務報表

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)
Financial instruments (continued) 財務工具€ᚃ
(a) Loans and receivables (a) 貸款及應收款
Loans and receivables are subsequently measured at amortised ൲ಛʿᏐϗಛ݊˸ྼყлࢹج
cost using the effective interest method less any identified ίՉܝϋܓ࣬ኽᛅቖϓ͉ಯ̘
impairment losses. Appropriate allowances for estimated ʊᆽႩٙಯ࠽ฦ̰ࠇඎf຅܄
irrecoverable amounts are recognised in the comprehensive ᝈ༟ࣘˀ݈༈༟ପϞಯ࠽ତ൥
income when there is objective evidence that the asset is ࣛdಯ࠽޴ഃ׵ՉПࠇʔ̙ϗ
impaired. The impairment recognised is measured as the Ϋٙږᕘਗ਼ίΌࠦϗूʫᆽႩf
difference between the asset’s carrying amount and the ༈ಯ࠽๟௪ٙࠇၑ݊˸Ϟᗫ༟
present value of estimated future cash flows discounted at the ପٙሪࠦ࠽ၾ˸௰ڋᆽႩࣛٙ
effective interest rate computed at initial recognition. ྼყлଟұତՉ׵͊Ըପ͛ٙ
Impairment losses are reversed in subsequent periods when an ତږݴඎПࠇٙࢨᕘfࡊ༟ପ
increase in the asset’s recoverable amount can be related ̙ϗΫږᕘʘᄣషঐ܄ᝈήܸ
objectively to an event occurring after the impairment was ̈ऒʿᆽႩಯ࠽ࣛה೯͛ʘԫ
recognised, subject to a restriction that the carrying amount of ΁dۆಯ࠽ᑦฦึ׵˸ܝಂග
the asset at the date the impairment is reversed does not ᅡΫdઓಯ࠽ᅡΫ຅˚ʘ༟ପ
exceed what the amortised cost would have been had the ሪࠦ࠽ʔ੻൴ཀνೌᆽႩಯ࠽
impairment not been recognised. ࣛʘࡡԸᏐᛅቖϓ͉f

(b) Financial assets/liabilities at fair value through profit (b) 於損益賬以公允價࠽處理的財
or loss 務資產及負債
Financial assets/liabilities at fair value through profit or loss ׵ฦूሪ˸ʮʪᄆ࠽ஈଣٙৌ
comprise (i) investment related financial assets (including ਕ༟ପʿࠋවܼ̍ (i)Ϟᗫҳ༟
equity and debt securities, hedge fund and financial derivative ٙৌਕ༟ପ€уٰ͉ᗇՎeවਕ
assets) and (ii) investment-related financial liabilities (including ᗇՎe࿁әਿږʿৌਕࠃ͛ʈ
financial derivative liabilities), (see “investment related financial Ոٙ༟ପʿ(ii) Ϟᗫҳ༟ٙৌਕ
assets/liabilities” as described in Note 16). These financial ࠋව€ уৌਕࠃ͛ʈՈٙࠋ
assets/liabilities are recognised and derecognised on a trade වdϞᗫ༉ઋ׵ڝൗɤʬϞᗫ
date basis where the purchase or sale of an investment is under ҳ༟ٙৌਕ༟ପʿࠋවΐ̈d
a contract whose terms require delivery/settlement of the ՉᆽႩʿ՟ऊᆽႩ݊˸ʹ׸˚
investment within the timeframe established by the market ਿ๟ձՉʮʪᄆ࠽ɝሪdԨί
concerned, and are measured at fair value. ΥߒૢಛʫٙϞᗫ̹ఙהܸ֛
ʹ஬ಂࠢʫҁϓٙҳ༟൯ርf

Realised gains and losses from the investment transactions, ͟ҳ༟ʹ׸Ͼପ͛ٙʊᜊତޮ
and unrealised gains and losses from changes in fair value at ᑦdʿ͟׵ίజѓಂ͋ʮʪᄆ
the end of the reporting period, are included in the ࠽ҷᜊϾପ͛ٙ͊ᜊତޮᑦd
comprehensive income for the period. Until realisation, gains ѩึίϤಂගٙΌࠦϗूʫˀ
and losses may fluctuate subsequent to the end of the ݈fί͊ᜊତۃd͊ᜊତޮᑦ
reporting period depending on market movements in ึΪజѓಂ͋ܝ̹ٙఙίҳ༟
investment prices and foreign exchange rates. ᄆࣸʿ̮࿆г౬ଟٙتਗϾҷ
ᜊf

148 Hong Kong Housing Society Annual Report 2017/18