89
Financial Report
財務報告
89
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
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).
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）。