86
財務報告
Financial Report
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)
Impairment of financial assets
Financial assets are assessed for indicators of impairment
at the end of each reporting period. Financial assets are
considered to be impaired when there is objective evidence
that, as a result of one or more events that occurred after the
initial recognition of the financial asset, the estimated future
cash flows of the investment have been affected.
For AFS equity investments, a significant or prolonged decline
in the fair value of the security below its cost is considered to
be objective evidence of impairment.
For all other financial assets, objective evidence of impairment
could include:
•
significant financial difficulty of the issuer or
counterparty; or
•
breach of contract, such as a default or delinquency in
interest or principal payments; or
•
it becoming probable that the borrower will enter
bankruptcy or financial re-organisation; or
•
the disappearance of an active market for that financial
asset because of financial difficulties.
For certain categories of financial assets, such as accounts
receivables, assets are assessed for impairment on a
collective basis even if they were assessed not to be impaired
individually. Objective evidence of impairment for a portfolio
of receivables could include the Council’s past experience of
collecting payments, an increase in the number of delayed
payments in the portfolio past the average credit period, as
well as observable changes in national or local economic
conditions that correlate with default on receivables.
3.
主要會計政策（續）
金融工具（續）
金融資產（續）
金融資產的減值虧損
金融資產於報告期末評定有否
減值跡象。倘有客觀證據顯示，
金融資產的估計未來現金流量
因一項或多項於初步確認金融
資產後發生的事件而受到影響，
則金融資產視作出現值。
就可供出售權益投資而言，該證
券的客觀減值證據為其公允值
大幅或持續下跌至低於其成本。
就所有其他金融資產而言，客觀
的減值證據包括：
•
發行人或交易對手出現
重大財政困難；或
•
違反合約，例如未能繳
付或延遲償還利息或本
金；或
•
借款人極可能面臨破產
或財務重組；或
•
因財務困難而導致該金
融資產失去活躍市場。
應收賬款項等被評估為非個別
減值的若干金融資產類別，另外
按整體基準進行減值評估。應收
款項組合的客觀減值證據可包
括本局的過往收款經驗、組合內
延遲還款至超逾信貸期的宗數
增加，以及與應收款項逾期有關
的全國或地方經濟狀況明顯改變。
