85
Financial Report
財務報告
Notes to the financial statements (continued)
財務報表附註（續）
for the year ended 31 March 2015
截至二零一五年三月三十一日止年度
3. SIGNIFICANT ACCOUNTING
POLICIES (continued)
Financial instruments (continued)
Financial assets (continued)
AFS financial assets
AFS financial assets are non-derivatives that are either
designated as available-for-sale or are not classified as loans
and receivables, held-to-maturity investments or financial
assets at fair value through profit or loss.
Equity and debt securities held by the Council that are
classified as AFS financial assets and are traded in an active
market are measured at fair value at the end of each reporting
period. Changes in the carrying amount of AFS monetary
financial assets relating to interest income calculated using
the effective interest method and dividends on AFS equity
investments are recognised in profit or loss. Other changes
in the carrying amount of AFS financial assets are recognised
in other comprehensive income and accumulated under
the heading of investment revaluation reserve. When the
investment is disposed of or is determined to be impaired,
the cumulative gain or loss previously accumulated in the
investments revaluation reserve is reclassified to profit or loss
(see the accounting policy in respect of impairment loss on
financial assets below).
Dividends on AFS equity investments are recognised in profit
or loss when the Council’s right to receive the dividends is
established.
Loans and receivables
Loans and receivables are non-derivative financial assets with
fixed or determinable payments that are not quoted in an
active market. Loans and receivables (including accounts and
other receivables and bank deposits and cash) are measured
at amortised cost using the effective interest method, less any
impairment (see accounting policy in respect of on impairment
loss on financial assets below).
Interest income is recognised by applying the effective interest
rate, except for short-term receivables where the recognition
of interest would be immaterial.
3.
主要會計政策（續）
金融工具（續）
金融資產（續）
可供出售金融資產
可供出售金融資產為指定為可
供出售金融資產或非分類為貸
款及應收款項；持有至到期投資；
或按公允值列賬並在損益內處
理的金融資產的非衍生工具。
本局所持有分類為可供出售金
融資產且於活躍市場買賣的股
票及債務證券按於報告期末的
公允值計量。與按實際利率法計
算利息收入有關的可供出售貨
幣金融資產的賬面值變動及可
供出售權益投資的股息於損益
中確認。可供出售金融資產賬面
值的其他變動於其他全面收益
確認，並於投資重估儲備累計。
於投資出售或確定出現減值時，
先前於投資重估儲備累計的累
計收益或虧損會重新分類至損
益（見下文有關金融資產減值虧
損的會計政策）。
可供出售權益工具的股息於本
局確立收取股息的權利時於損
益中確認。
貸款及應收款項
貸款及應收款項指並非於活躍
市場報價而具備固定或可確定
付款金額的非衍生金融資產。貸
款及應收款項（包括應收賬款及
其他應收款項、銀行存款及現金）
均按採用實際利率法計算的已
攤銷成本減任何減值虧損入賬
（見下文有關金融資產減值虧損
的會計政策）。
利息收入乃按實際利率基準確
認，惟影響不大之短期應收款項
利息確認則除外。
