Page 158 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報
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AUDITED FINANCIAL STATEMENTS 已審核財務報表




            Notes to the Financial Statements
            財務報表附註




            5.  Financial risk management objectives and                5.  財務風險管理目標及政策
                 policies

                 The Housing Society’s major financial instruments comprise the   ג܊՘ึʘ˴ࠅৌਕʈՈܼ̍j
                 followings:

                  (in HK$Million)                     €ಥ࿆ϵຬʩ                             2018       2017
                  Investment related financial assets  Ϟᗫҳ༟ٙৌਕ༟ପ                       23,121.2    19,051.4
                  Investment related financial liabilities  Ϟᗫҳ༟ٙৌਕࠋව                     (68.5)     (37.2)

                  Loans and receivables                ൲ಛʿᏐϗሪධ
                    (including cash and bank balances)    €ܼ̍ତږʿვБഐቱ                   9,942.3     9,957.8
                  Financial liabilities at amortised cost  ࣬ኽᛅቖϓ͉جɝሪٙৌਕࠋව              (1,332.6)   (1,804.7)

                  Loans from government                ִ݁൲ಛ                               (43.1)     (46.7)

                 Details of the above financial instruments are disclosed in the   ˸ɪৌਕʈՈʘ༉ઋʊ׵޴ᗫڝൗʕ
                 respective notes. The risks associated with these financial instruments   Ъ̈מᚣf༈ഃৌਕʈՈʘ޴ᗫࠬᎈ
                 and the policies applied by the Housing Society to mitigate these   ʿಯჀϤഃࠬᎈʘՓܓ༱ΐνɨf၍
                 risks are set out below. Management monitors these exposures to   ଣᄴ၍ଣʿ္࿀Ϥഃࠬᎈd˸ᆽڭঐ
                 ensure appropriate measures are implemented in a timely and   уࣛʿϞࣖήમ՟ቇ຅ણ݄f
                 effective manner.

                 (a)  Credit risk                                            (a)  信貸風險
                     The Housing Society is exposed to credit risk, which is the risk   ג܊՘ึࠦ࿁ٙڦ൲ࠬᎈ݊Ը
                     that a counterparty may default on its bank deposits, fixed   Іʹ׸࿁˓ίვБπಛeո֛
                     income investments and accounts receivable or the Housing    ϗूଡ଼Υҳ༟ʿᏐϗሪධɪٙ
                     Society may be required to pay if the financial guarantee is   ༼ߒdאג܊՘ึίৌਕڭᗇ
                     called on. The Housing Society’s maximum exposure to credit   ΥߒʕఱڭᗇܵϞɛה඲ࠅᎵ
                     risk which will cause a financial loss to the Housing Society in   ˹ٙڭᗇږᕘfࡊ׵జѓಂ͋d
                     the event of the counterparty’s failure to perform their     ߰ʹ׸࿁˓͊ঐᄵБ־ഃ׵΢
                     obligations at the end of the reporting period in relation to   ᗳйʊᆽႩৌਕ༟ପʘப΂ʿ
                     each class of recognised financial assets and the financial   Ϟᗫৌਕڭᗇ๟௪dג܊՘ึ
                     guarantees provided are the carrying amounts of those assets   ה඲וաʘ௰ɽڦ൲ࠬᎈʿՉ
                     as stated in the statement of financial position and the amount   ̙ˏߧٙৌਕฦ̰dމ༈ഃ༟
                     of financial guarantee disclosed in note 20(b).              ପ׵ৌਕًرڌʕהΐʘৌਕ
                                                                                  ڭᗇሪࠦ࠽ʿڝൗɚɤ(b)ה౤
                                                                                  яٙৌਕڭᗇ๟௪f















       156  Hong Kong Housing Society Annual Report 2017/18
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