Page 152 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2019 年報

150 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（續）

(continued)
impairment of financial assets (policies under HKFRS 9 財務資產減值（香港財務報告準則
applicable from 1 April 2018) (continued) 第九號的政策自二零一八年四月
一日起適用）
（續）
Simplified approach 簡化方法
For account receivables and contract assets that do not contain a 對於並無重大融資成分或房屋協會已
significant financing component or when the Housing Society 就此應用不調整重大融資成分影響的
applies the practical expedient of not adjusting the effect of a 可行權宜方法的應收賬項和合約資
significant financing component, the Housing Society applies the 產，房屋協會採用簡化方法進行預期
simplified approach in calculating ECLs. Under the simplified 信貸虧損計量。根據簡化方法，房屋
approach, the Housing Society does not track changes in credit risk, 協會不會追蹤信貸風險的變化，而是
but instead recognises a loss allowance based on lifetime ECLs at 於每個報告日期進行全期預期信貸虧
each reporting date. The Housing Society has established a provision 損確認虧損撥備。房屋協會已根據其
matrix that is based on its historical credit loss experience, adjusted 歷史信貸虧損經驗建立撥備矩陣，並
for forward-looking factors specific to the debtors and the economic 根據債務人及經濟環境的前瞻性因素
environment. 作出調整。

For account receivables and contract assets that contain a significant 對於包含重大融資組成部份的應收賬
financing component and lease receivables, the Housing Society 項和合約資產及應收租賃款項而言，
chooses as its accounting policy to adopt the simplified approach in 房屋協會所選擇之會計政策為採用簡
calculating ECLs with policies as described above. 化方法按上述政策計算預期信貸虧損。

Financial liabilities (policies under HKFRS 9 applicable 財務負債（自二零一八年四月一日
from 1 April 2018 and HKAS 39 applicable before 1 起應用香港財務報告準則第九號
April 2018) 之政策及自二零一八年四月一日
前應用香港會計準則第三十九號
之政策）
initial recognition and measurement 初步確認和計量

Financial liabilities are classified, at initial recognition, as financial 財務負債於初次確認時按適用情況分
liabilities at fair value through profit or loss, loans and borrowings or 類為於損益賬以公允價值處理的財務
payables, as appropriate. 負債，貸款和借貸或應付款項。

All financial liabilities are recognised initially at fair value and, in the 所有財務負債均初步按公平價值確
case of loans and borrowings and payables, net of directly 認，如屬貸款及借貸及應付款項，則
attributable transaction costs. 扣除直接應計交易成本。

The Housing Society’s financial liabilities include accounts payable, 房屋協會之財務負債包括應付賬項、
sundry deposits and accruals, investment related financial liabilities, 雜項按金及應計項目、有關投資的財
provision for financial guarantee and loans from government. 務負債、財務保證準備及政府貸款。

Hong Kong Housing Society Annual Report 2018/19