Page 123 - HKCAAVQ AR 2018-19
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Financial Report ৌਕజѓ
Notes to the Financial Statements (continued)
ৌਕజڌڝൗᚃ
For the year ended 31 March 2019 ࿚Їɚཧɓɘϋɧ˜ɧɤɓ˚˟ϋܓ
3. Significant Accounting Policies 3. ˴ࠅึࠇ݁ഄᚃ
(continued)
Financial instruments (continued) ږፄʈՈᚃ
Financial assets (continued) ږፄ༟ପᚃ
Classification and subsequent measurement of financial assets ږፄ༟ପٙʱᗳձܝᚃࠇඎ࣬ኽ
(upon application of HKFRS 9 in accordance with transitions in ڝൗ2ʕٙཀನૢಛમ͜࠰ಥৌਕ
note 2) (continued) జѓۆୋ9ࣛᚃ
(ii) Equity instruments at FVTOCI (ii) ˸ʮʪᄆ࠽ࠇඎ˲Չᜊਗࠇ
ɝՉ˼Όࠦϗूʘᛆूҳ༟
Investments in equity at FVTOCI are subsequently ˸ʮʪᄆ࠽ࠇඎ˲Չᜊਗࠇ
measured at fair value with gains and losses arising from ɝՉ˼Όࠦϗूʘᛆूҳ༟
changes in fair value recognised in other comprehensive Չܝܲʮʪᄆ࠽ࠇඎᜊʷ
income and accumulated in the investment revaluation הପ͛ٙлձฦ̰ࠇɝՉ
reserve; and are not subject to impairment assessment. ˼ΌࠦϗूdԨଢ଼ࠇЇҳ༟
The cumulative gain or loss will not be reclassified to profit ࠠПᎷ௪ʕdԨ˲ʔආБಯ
or loss on disposal of the equity investments, and will be ࠽൙Пfଢ଼ࠇлאฦ̰ਗ਼
transferred to accumulated surpluses/will continue to be ʔึࠠอʱᗳЇ̈ਯᛆूҳ
held in the investment revaluation reserve. ༟ʘฦूdԨਗ਼ᔷɝଢ଼ࠇޮ
ቱŊਗ਼ᘱᚃܵϞЇҳ༟ࠠП
Ꮇ௪ʕf
Dividends from these investments in equity instruments ͉҅ᆽႩϗ՟ٰࢹٙᛆ
are recognised in profit or loss when the Council’s right to лࣛd༈ഃᛆूʈՈҳ༟ٙ
receive the dividends is established, unless the dividends ٰࢹฦूʕᆽႩdৰڢٰ
clearly represent a recovery of part of the cost of the ࢹᆽڌͪϗΫʱҳ༟ϓ
investment. Dividends are included in the “investment ͉fٰࢹࠇɝฦूʫҳ༟
income” line item in profit or loss. ϗɝධɨf
Hong Kong Council for Accreditation of Academic and Vocational Qualifications 123
࠰ಥኪஔʿᔖุ༟ዝ൙ᄲ҅
