Page 195 - 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
193
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)
Revenue recognition (continued) Other income
Interest income is recognised on an accrual basis using the effective interest method by applying the rate that exactly discounts the estimated future cash receipts over the expected life of the financial instrument to the net carrying amount of the financial asset.
Dividend income is recognised when the shareholders’ right to receive payment has been established, it is probable that the economic benefits associated with the dividend will flow to the Housing Society and the amount of the dividend can be measured reliably.
Employee benefits
Salaries, annual bonuses, paid annual leave, contributions to defined contribution retirement plans and the cost of non-monetary benefits are accrued in the year in which the associated services are rendered by employees. Where payment or settlement is deferred and the effect would be material, these amounts are stated at their present values.
Retirement benefit costs
Payments to Defined Contribution Retirement Benefit Scheme and Mandatory Provident Fund Scheme are charged as an expense when employees have rendered service entitling them to the contributions.
Borrowing costs
Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are capitalised as part of the cost of those assets. Capitalisation of such borrowing costs ceases when the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs capitalised.
All other borrowing costs are recognised as an expense in the period in which they are incurred.
2.4 主要會計政策概要(續) 收入確認(續)
其他收入
利息收入乃按應計基準採用實際利率法 透過應用足以將財務工具於其預計年期 的估計未來現金收入準確貼現至財務資 產賬面淨值的利率確認。
股息收入在股東收取付款權利確立時， 並當與股息相關的經濟利益很可能流入 房屋協會及能可靠地計量股息金額時確 認。
僱員福利
薪金、年度獎金、有薪年假、界定供款 退休計劃的供款和非貨幣性福利成本在 僱員提供相關服務的年度內累計。倘若 須延遲付款或結算及因此造成重大的影 響時，有關款項按其現值列賬。
退休保障成本
當職工因已提供服務而獲得「定額供款 退休保障計劃」或「強制性公積金計劃」 的供款，是以支出入賬。
借貸成本
因收購、建築及生產為合資格資產(即 須一段長時間始能達至其擬定用途或予 以銷售的資產)所產生的直接應計借貸 成本均撥入此等資產成本值內。當此等 資產大體上已完成並可作其預計用途或 銷售時，即停止將該借貸成本資產化。 當指定借貸尚未支付合資格資產開支而 用作臨時投資時，所賺取的投資收入會 從資產借貸成本中扣除。
其他借貸成本將於產生期間確認為費 用。