Page 181 - 香港房屋協會 Hong Kong Housing Society Annual Report 2020/2021

香港房屋協會 2020/21 年度年報
179
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
(continued)
Leases (continued)
The Housing Society as a lessee (continued)
(a) Right-of-use assets
Right-of-use assets are recognised at the commencement date of the lease (that is the date the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and any impairment losses, and adjusted for any remeasurement of lease liabilities. The cost of right-of-use assets includes the amount of lease liabilities recognised, initial direct costs incurred, reinstatement costs expected to incur and lease payments made at or before the commencement date less any lease incentives received. Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease terms and the estimated useful lives of the assets as follows:
Leasehold land Over the unexpired period of the land lease
If ownership of the leased asset transfers to the Housing Society by the end of the lease term or the cost reflects the exercise of a purchase option, depreciation is calculated using the estimated useful life of the asset.
When the right-of-use assets relate to interests in leasehold land held as inventories, they are subsequently measured at the lower of cost and net realisable value in accordance with the Housing Society’s policy for “inventories”. When a right-of-use asset meets the definition of investment property, it is included in investment properties. The corresponding right-of-use asset is initially measured at cost, and subsequently less accumulated depreciation and impairment losses, in accordance with the Housing Society’s policy for “investment properties”.
2.4 主要會計政策概要(續) 租賃(續)
房屋協會作為承租人(續)
(a) 使用權資產
使用權資產乃於租賃開始當日(即 相關資產可供使用的日期)確認。 使用權資產按成本減任何累計折 舊及任何減值虧損計量，並就租 賃負債的任何重新計量作出調 整。使用權資產的成本包括已確 認的租賃負債金額、已產生的初 始直接成本、預期將產生的修復 成本以及於開始日期或之前支付 的租賃款項減已收取的任何租賃 優惠。使用權資產按租賃期與資 產的估計可使用年期中的較短者 按直線法計提折舊:
批租土地 地契所剩餘年期
倘租賃資產的所有權於租賃期結 束時轉移至房屋協會或成本反映 了購買選擇權的行使，則會使用 該資產的估計可使用年期計算折 舊。
當使用權資產與作為存貨持有的 租賃土地的權益相關時，彼等其 後根據房屋協會有關「存貨」的政 策按成本與可變現淨值兩者中的 較低者計量。當使用權資產符合 投資物業的定義時，則計入投資 物業內。相應的使用權資產初步 按成本計量，其後根據房屋協會 有關「投資物業」的政策減去其後 累計折舊及減值損失列出。