Page 88 - EdUHK Annual Report 2016-2017

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
1.8
Signi cant accounting policies (Continued)
Financial assets (Continued)
(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 the 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 the 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.
(c) Held-to-maturity nancial assets
Held-to-maturity nancial assets are non-derivative nancial assets with xed or determinable payments and xed maturities that the management has the positive intention and ability to hold to maturity. Held-to-maturity nancial assets are carried at amortised cost using the effective interest method.
The fair values of quoted nancial assets are based on current bid prices. If the market for a nancial asset is not active (and for unlisted securities), the Group establishes fair value by using valuation techniques. These include the use of recent arm’s length transactions or reference to other instruments that are substantially the same and discounted cash ow analysis.
1 主要會計政策概要 (續)
1.8 金融資產 (續)
(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，其後除非貼現的影響輕微，否則 以實際利息法按攤銷成本及扣除呆賬 撥備計量。
(丙) 持有至到期日金融資產
持有至到期日金融資產為固定或可釐 定付款以及固定到期日的非衍生金融 資產，而管理層有明確意向及能力持 有至到期日。持有至到期日金融資產 利用實際利息法按攤銷成本列賬。
有報價金融資產的公允價值根據當時的買盤價 計算。若某項金融資產的市場並不活躍(及就非 上市證券而言)，本集團利用估值技術設定公允 價值。這些技術包括利用近期公平原則交易， 或參考大致相同的其他工具和貼現現金流量分 析。
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/ The Education University of Hong Kong Annual Report 2016-2017