106
Financial Report
財務報告
106
Notes to the Financial Statements (continued)
財務報表附註（續）
For the year ended 31 March 2016
截至二零一六年三月三十一日止年度
18. FINANCIAL INSTRUMENTS
(continued)
Financial risk management objectives and
policies (continued)
Fair value measurements of financial instruments
(continued)
(ii)
Fair values of financial assets that are not measured at fair
value on a recurring basis (but fair value disclosures are
required)
Except as detailed in the following table, the council
members consider that the carrying amounts of financial
assets and financial liabilities recognised in the financial
statements approximate their fair values.
2016
2015
Carrying
Carrying
amount
Fair value
amount
Fair value
賬面金額
公允價值
賬面金額
公允價值
HK$
港幣
HK$
港幣
HK$
港幣
HK$
港幣
Held-to-maturity debt securities
持有至到期債務證券
1,027,734
1,025,210
1,055,041
1,051,600
19. OPERATING LEASE COMMITMENTS
At the end of the reporting period, the Council had
commitments for future minimum lease payments under non-
cancellable operating leases which fall due as follows:
2016
2015
HK$
港幣
HK$
港幣
Within one year
一年內
5
12
In the second to fifth years inclusive
第二至第五年（首尾兩年包括在內）
–
5
5
17
Operating lease payments represent rentals payable by the
Council for its office premises. Leases are negotiated for an
average term of 5 years and rentals are fixed for an average of
5 years. The Council has an option to renew the lease when all
terms are renegotiated.
18.
金融工具（續）
財務風險管理目標及政策
（續）
金融工具的公允價值計量（續）
(ii)
非經常性公允價值計量的金
融資產（須要披露其公允價
值）：
除下表所示，本局成員認為確認
在財務報表之金融資產和金融負
債的賬面價值與其公允值相約。
19.
經營租賃承擔
於報告期末，本局根據不可撤銷
經營租賃合同之未來最低租賃款
項作出承擔如下：
經營租賃付款額是指本局應支付
辦公室的租金。租約及租金的制
定平均為
5
年期。本局有權選擇續
租，而所有條款將進行重新協商。