Page 89 - EdUHK Annual Report 2015-2016

THE EDUCATION UNIVERSITY OF HONG KONG 香港教育大學
(Expressed in Hong Kong dollars unless otherwise stated)(除另有說明外，所有金額以港幣為單位)
1 Summary of signi cant accounting policies (Continued)
1.8 Financial assets
The Group classi es its nancial assets in the following categories: nancial assets at fair value through pro t or loss, receivables
and held-to-maturity nancial assets. The classi cation depends on the purpose for which the nancial assets were acquired. Management determines the classi cation of its nancial assets
at the initial recognition and re-evaluates this designation at every reporting date.
Regular purchases and sales of nancial assets are recognised on the trade-date - the date on which the Group commits to purchase or sell the asset. Financial assets are initially recognised at fair value plus transaction costs for all nancial assets not carried
at fair value through pro t or loss. Financial assets carried at fair value through pro t or loss are initially recognised at fair value, and transaction costs are expensed in the statement of comprehensive income. Financial assets are derecognised when the rights to receive cash ows from the nancial assets have expired or have been transferred and the Group has transferred substantially all risks and rewards of ownership.
(a) Financial assets at fair value through pro t or loss
A nancial asset is classi ed as fair value through pro t or loss if acquired principally for the purpose of selling in the short term or if so designated by management. Assets in this category are classi ed as current assets if they are either held for trading or are expected to be realised within 12 months of the end of reporting period.
Gains or losses arising from changes in the fair value are presented in the statement of comprehensive income in the period in which they arise. Dividend income from nancial assets at fair value through pro t or loss is recognised in the statement of comprehensive income as part of interest and net investment income when the Group’s right to receive payments is established.
(b) Receivables
Receivables representing time deposits are non-derivative nancial assets with xed or determinable payments that are not quoted in an active market. They arise when the Group provides money or services directly to a debtor with no intention of trading the receivable. They are included in current assets, except for maturities greater than 12 months after the end of reporting period. These are classi ed as non- current assets. They are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, unless the discounting effect is insigni cant, less provision for impairment.
1 主要會計政策概要 (續)
1.8 金融資產
本集團將其金融資產分類如下:按公允價值計 入損益的金融資產、應收款和持有至到期日金 融資產。分類方式視乎購入金融資產之目的而 釐定。管理層在初步確認時釐定其金融資產的 分類，並於每個報告日期重新評估此等分類。
金融資產的定期購入及出售在交易日確認 – 交易日指本集團承諾購入或出售該資產之日。 對於並非按公允價值列賬及透過收益表處理的 所有金融資產，投資初步會按公允價值加交易 成本確認。按公允價值計入損益的金融資產初 步按公允價值確認，而交易成本則在全面收益 表中支銷。當從投資收取現金流量的權利經已 到期或經已轉讓，而本集團已將擁有權的所有 風險和回報實際轉讓時，金融資產會立即被終 止確認。
(甲) 按公允價值計入損益的金融資產
金融資產若在購入時主要用作在短期 內出售或由管理層指定，則分類為按 公允價值計入損益。在此類別的資產 若為持作買賣或預期將於結算日後12 個月內變現，則分類為流動資產。
公允價值變動所產生的盈虧，在其產 生期間的全面收益表中呈報。來自按 公允價值計入損益的金融資產的股息 收入，於本集團有權收取款項的權利 確定時在全面收益表的利息及投資淨 收益中確認。
(乙) 應收款
應收款指定期存款，為有固定或可釐 定付款且沒有在活躍市場上報價的非 衍生金融資產。此等款項在本集團直 接向債權人提供金錢或服務而無意買 賣該應收款時產生。此等款項包括在 流動資產內，但不包括到期日由結算日 起計超過12個月。此等款項分類為非 流動資產。此等款項初步以公允價值 確認，其後運用實際利息法按攤銷成 本(除非貼現的影響輕微)扣除呆賬撥 備計量。
香港教育大學 2015-2016年報
87
Notes to the Financial Statements
財務報表附註