Page 193 - Hong Kong Housing Society Annual Report 2023/24

AUDITED FINANCIAL STATEMENTS 已審核財務報表
NOTES TO THE FINANCIAL STATEMENTS 財務報表附註

2.4 Material accounting policies (continued) 2.4 重大會計政策 （續）

Investments and other financial assets (continued) 投資及其他財務資產 （續）

subsequent measurement (continued) 後續計量 （續）
(b) Financial assets at fair value through profit or loss (b) 以公允價值計量且其變動計入損
(continued) 益的財務資產 （續）
Dividends on equity investments classified as financial 當派息權確立、與股息相關之經
assets at fair value through profit or loss are also 濟利益有可能流入房屋協會及股
recognised as other investment income in the 息金額能可靠地計量時，分類為
comprehensive income when the right of payment has 按公允值入賬並於損益中處理之
been established, it is probable that the economic 財務資產內的股本投資之股息亦
benefits associated with the dividend will flow to the 於全面收益內確認為其他投資收
Housing Society and the amount of the dividend can be 入。
measured reliably.

Impairment of financial assets 財務資產減值

The Housing Society recognises an allowance for expected 房屋協會就所有非以按公允值入賬並於
credit losses (“ECLs”) for all debt instruments not held 損益中處理之方式持有的債務工具確認
at fair value through profit or loss. ECLs are based on 預期信貸虧損（「預期信貸虧損」）撥備。
the difference between the contractual cash flows due in 預期信貸虧損以按照合約到期之合約現
accordance with the contract and all the cash flows that 金流與房屋協會預期收取之所有現金流
the Housing Society expects to receive, discounted at an 兩者之差額為基準，並按與原實際利率
approximation of the original effective interest rate. The 相若之利率貼現。預期現金流將包括出
expected cash flows will include cash flows from the sale 售所持抵押品或構成合約條款組成部分
of collateral held or other credit enhancements that are 的其他增信安排之現金流。
integral to the contractual terms.
General approach 一般方法

ECLs are recognised in two stages. For credit exposures for 預期信貸虧損分兩個階段確認。就自初
which there has not been a significant increase in credit risk 步確認以來信貸風險並無大幅增加之信
since initial recognition, ECLs are provided for credit losses 貸敞口而言，房屋協會會為未來十二個
that result from default events that are possible within 月內可能發生之違約事件所產生之信貸
the next 12-months (a 12-month ECL). For those credit 虧損（十二個月預期信貸虧損）計提信貸
exposures for which there has been a significant increase 虧損撥備。就自初步確認以來信貸風險
in credit risk since initial recognition, a loss allowance is 大幅增加之信貸敞口而言，房屋協會須
required for credit losses expected over the remaining life 就預期於敞口餘下年期產生之信貸虧損
of the exposure, irrespective of the timing of the default (a 計提虧損撥備，而不論違約之時間（全
lifetime ECL). 期預期信貸虧損）。

Hong Kong Housing Society Annual Report 2023/24 香港房屋協會 2023/24 年度年報 191