90
Financial Report
財務報告
90
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)
Loans and receivables (continued)
Interest income is recognised by applying the effective interest
rate, except for short-term receivables where the recognition of
interest would be immaterial.
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
• disappearance of an active market for that financial asset
because of financial difficulties.
3.
主要會計政策（續）
金融工具（續）
金融資產（續）
貸款及應收款項（續）
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。
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。