89
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)
Derecognition
The Council derecognises a financial asset only when the
contractual rights to the cash flows from the asset expire, or
when it transfers the financial asset and substantially all the
risks and rewards of ownership of the asset to another entity.
On derecognition of a financial asset in its entirety, the
difference between the asset’s carrying amount and the
sum of the consideration received and receivable and
the cumulative gain or loss that had been recognised in
other comprehensive income and accumulated in equity is
recognised in profit or loss.
The Council derecognises financial liabilities when, and only
when, the Council’s obligations are discharged, cancelled or
expire. The difference between the carrying amount of the
financial liability derecognised and the consideration paid and
payable is recognised in profit or loss.
4. CRITICAL ACCOUNTING
JUDGEMENTS AND KEY SOURCES
OF ESTIMATION UNCERTAINTY
Critical judgements in applying accounting
policies
The following are the critical judgements, apart from those
involving estimations (see below), that the council members
have made in the process of applying the Council’s
accounting policies and that have the most significant effect
on the amounts recognised in the financial statements.
Held-to-maturity investments
The council members have reviewed the Council’s held-to-
maturity investments in the light of its capital maintenance
and liquidity requirements and have confirmed the Council’s
positive intention and ability to hold those assets to maturity.
The carrying amount of the held-to-maturity investments is
HK$1,055,041 (2014: HK$1,081,927).
3.
主要會計政策（續）
金融工具（續）
終止確認
只有在資產收取現金流量的合
約權利屆滿，或本局已將金融資
產及當中擁有權的絕大部份風
險及回報轉讓予另一實體時，本
局方會終止確認金融資產。
於完全終止確認金融資產時，該
項資產賬面值與已收及應收代
價、已於其他全面收益確認及於
權益累計的盈利或虧損的總和
間的差額，則於損益內確認。
本局僅會於責任獲解除、註銷或
屆滿時，終止確認金融負債。被
終止確認的金融負債的賬面值
與已付及應付代價間的差額於
損益內確認。
4.
主要會計判斷及預
計不碓定因素的主
要來源
應用會計政策的重要
判斷
以下為本局成員於應用本局會
計政策過程中所作並對在財務
報表中確認的金額具有重大影
響的重要判斷（涉及估計者（見
下文）除外）。
持有至到期投資
本局成員已對本局所持有至到
期投資之資本維持及流動規定
進行檢討，並已肯定本局有意
向及能力持有資產至期滿。持
有至到期投資之賬面值是港幣
1,055,041
元（二零一四年：港幣
1,081,927
元）。
