Page 151 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報

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
(c) Financial liabilities other than loans from (c) 政府貸款以外的財務負債
government

Financial liabilities (including accounts payable and accruals) ִ݁൲ಛ˸̮ٙৌਕࠋව€ܼ̍
other than loans from government are subsequently measured Ꮠ˹ሪධʿᏐࠇධͦ݊˸ྼყ
at amortised cost, using the effective interest method. лࢹجίՉܝϋܓ࣬ኽᛅቖϓ
͉ࠇඎf

(d) Financial guarantee contracts (d) 財務保證合約
A financial guarantee contract is a contract that requires the ৌਕڭᗇΥߒɗࠅӋ೯Бɛఱ
issuer to make specific payments to reimburse the holder for a ڭᗇܵϞɛΪܸ֛වਕɛ͊ঐ
loss it incurs because a specified debtor fails to make payment ࣬ኽවਕʈՈٙࡡϞא຾ࡌࠈ
when due in accordance with the original or modified terms of ૢಛ˕˹ՑಂಛධϾႆաฦ̰
a debt instrument. A financial guarantee contract issued by the ࣛdΣܵϞɛᎵ˹ܸ֛ಛධٙ
Housing Society and not designated as at fair value through Υߒfג܊՘ึה೯̈ٙৌਕ
profit or loss is subsequently measured at the higher of: (i) the ڭᗇΥߒdӚϞ஗ܸ֛މ׵ฦ
amount determined in accordance with HKAS 37 — Provisions, ूሪ˸ʮʪᄆ࠽ஈଣdՉܝٙ
contingent liabilities and contingent assets; and (ii) the amount ڭᗇᅰᕘึܲ˸ɨՇ٫ʘග༰
initially recognised less, when appropriate, cumulative ৷ΐሪj(i)ܲ࠰ಥึࠇ๟ۆୋ
amortisation recognised in accordance with HKAS 18 Revenue. ɧɤɖ໮ — ๟௪eא್ࠋවʿ
אϞ༟ପ ஝֛ࠇၑʘᄆ࠽iձ
(ii) ܲ࠰ಥึࠇ๟ۆୋɤɞ໮ —
ᐄุϗɝ ˸௰ڋᆽႩᄆ࠽ίቇ
຅ࣛಯ̘ଢ଼ጐᛅቖf

(e) Derecognition (e) 取消確認
Financial assets are derecognised when the rights to receive ߰੽༟ପϗ՟ତږݴඎʘᛆл
cash flows from the assets expire or, the financial assets are ʊՑಂdאৌਕ༟ପʊᔷᜫʿ
transferred and the Housing Society has transferred ג܊՘ึʊਗ਼Չ׵ৌਕ༟ପኹ
substantially all the risks and rewards of ownership of the Ϟᛆʘഒɽ௅ʱࠬᎈʿΫజᔷ
financial assets. On derecognition of a financial asset, the ୅dۆৌਕ༟ପਗ਼஗՟ऊᆽႩf
difference between the asset’s carrying amount and the sum of ׵՟ऊᆽႩৌਕ༟ପࣛd༟ପ
the consideration received is recognised in the comprehensive ሪࠦ࠽ၾʊϗ˾ᄆʘࢨᕘdਗ਼
income. ׵ΌࠦϗूʫᆽႩf

Financial liabilities are removed from the Housing Society’s ຅ৌਕࠋවΥߒʘत֛ப΂ᐏ
statement of financial position when the obligation specified in ༆ৰe՟ऊאՑಂd༈ࠋවึ
the relevant contract is discharged or cancelled or expires. The ஗՟ऊᆽႩʿίג܊՘ึٙৌ
difference between the carrying amount of the financial liability ਕًرڌʕ஗мৰf՟ऊᆽႩ
derecognised and the consideration paid, including any ʘৌਕࠋවሪࠦ࠽ၾʊ˹˾ᄆ
non-cash assets transferred or liabilities assumed, is recognised ʘࢨᕘdܼ̍΂Оڢତږ༟ପ
in the comprehensive income. אࠋවוዄdɗ׵Όࠦϗूʫ
ᆽႩf
香港房屋協會2017/18年度年報 149