Page 194 - Hong Kong Housing Society Annual Report 2023/24

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

Impairment of financial assets (continued) 財務資產減值 （續）

General approach (continued) 一般方法 （續）
At each reporting date, the Housing Society assesses 於各報告日期，房屋協會會評估財務工
whether the credit risk on a financial instrument has 具之信貸風險自初步確認以來有否大幅
increased significantly since initial recognition. When 增加。當進行此評估時，房屋協會會比
making the assessment, the Housing Society compares the 較該財務工具於報告日期及於初步確認
risk of a default occurring on the financial instrument as 日期出現之違約風險，並會考慮無須花
at the reporting date with the risk of a default occurring on 費過多成本或精力即可獲得的合理而具
the financial instrument as at the date of initial recognition 理據支持之資料，包括歷史及前瞻性資
and considers reasonable and supportable information 料。房屋協會認為，當合約付款逾期超
that is available without undue cost or effort, including 過30天時信貸風險已大幅增加。
historical and forward-looking information. The Housing
Society considers that there has been a significant increase
in credit risk when contractual payments are more than 30
days past due.

The Housing Society considers a financial asset (excluding 房屋協會在合約付款逾期九十天時考慮
loans receivable) in default when contractual payments are 違約的財務資產（不包括應收貸款）；當
90 days past due; and a loans receivable in default when 任何借款人無法結清超過六個月的逾期
any borrowers are unable to settle overdue instalments 分期付款時，應收貸款違約。然而，於
for more than six months. However, in certain cases, the 若干情況下，在並無計及房屋協會持有
Housing Society may also consider a financial asset to be in 之任何增信安排前，房屋協會亦可於內
default when internal or external information indicates that 部或外部資料顯示房屋協會不大可能悉
the Housing Society is unlikely to receive the outstanding 數收取尚未償還合約金額時將財務資產
contractual amounts in full before taking into account 視作違約。倘無法合理地預期收回合約
any credit enhancements held by the Housing Society. A 現金流，則撇銷財務資產。
financial asset is written off when there is no reasonable
expectation of recovering the contractual cash flows.

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