93
Financial Report
財務報告
93
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 liabilities and equity instruments (continued)
Effective interest method
The effective interest method is a method of calculating the
amortised cost of a financial liability and of allocating interest
expense over the relevant period. The effective interest rate is
the rate that exactly discounts estimated future cash payments
(including all fees and points paid or received that form an
integral part of the effective interest rate, transaction costs and
other premiums or discounts) through the expected life of the
financial liability, or, where appropriate, a shorter period, to the
net carrying amount on initial recognition. Interest expense is
recognised on an effective interest basis.
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
have expired. The difference between the carrying amount of
the financial liability derecognised and the consideration paid
and payable is recognised in profit or loss.
3.
主要會計政策（續）
金融工具（續）
金融負債及權益工具（續）
實際利率法
實際利率法乃計算金融負債的已
攤銷成本及分配相關期間利息開
支的方法。實際利率乃按金融負
債的預計年期或適用的較短期
間，準確貼現估計未來現金付款
（包括所有構成整體實際利率的已
付或已收費用及利率差價、交易
成本及其他溢價或折扣）至初始確
認時的賬面淨值的利率。利息開
支乃按實際利率基準確認。
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。