Page 99 - 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)
Notes to the Financial Statements
財務報表附註
財務風險及資金風險管理 (續)
財務風險因素 (續)
(丁) 公允價值計量
2 Financial risk and fund risk management (Continued)
2.1 Financial risk factors (Continued)
(d) Fair values measurement
The following table presents the fair value of the Group’s and the University’s nancial instruments measured at the end of the reporting period on a recurring basis, categorised into the three-level fair value hierarchy as de ned in HKFRS 13, Fair value measurement. The level into which a fair value measurement is classi ed is determined with reference to the observability and signi cance of the inputs used in the valuation technique as follows:
- Level 1 valuations: Fair value measured using only
Level 1 inputs i.e. unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date.
- Level 2 valuations: Fair value measured using Level
2 inputs i.e. observable inputs which fail to meet
Level 1, and not using signi cant unobservable inputs. Unobservable inputs are inputs for which market data are not available.
- Level 3 valuations: Fair value measured using signi cant unobservable inputs.
Level 1
2
2.1
下表呈列以經常性準則於結算日按公 允價值計量的金融工具，並按《香港財 務報告準則》第13號-「公允價值之計 量」所界定的公允價值級別分類為三 個級別。公允價值計量是參考估值方 法所輸入的數據的可觀察性及重要性 而分類及釐定其級別，並列如下:
-
-
-
第一級估值:僅使用第一級輸入元 素計量的公允值，即於計量日採用 相同資產或負債於活躍市場的未 經調整報價。
第二級估值:使用第二級輸入元素 計量的公允值，即可觀察的輸入元 素，其未能滿足第一級的要求，但 也不屬於重大不可觀察的輸入元 素。不可觀察輸入元素為無市場 數據的輸入元素。
第三級估值:使用重大不可觀察輸 入元素計量的公允值。
Fair value measurements 公允價值計量
Group and University 本集團及教大
2017 2016
第一層級 第二層級 總額
$'000 $'000 $’000
千元 千元 千元
During the years ended 30 June 2016 and 2017, there were no transfers between instruments in Level 1 and Level 2,
or transfers into or out of Level 3. The Group’s policy is to recognise transfers between levels of fair value hierarchy at the end of the reporting period in which they occur.
The fair value of investment in unlisted unit trust in Level 2 is determined by the number of unit trust held by the Group times its indicative market value as at the end of the reporting period. The indicative market value is quoted by the unit trust and is calculated from its net asset value on each dealing day.
千元 千元 千元
Level 2 Total
Level 1 Level 2
第一層級 第二層級
$’000 $’000
Total
總額
$’000
Recurring fair value measurements:
Financial assets at fair value through pro t or loss:
- Investment in unlisted unit trust
經常性以公允價值計量:
按公允價值計入損益的金融資產
-非上市單位信託投資 - 1,274 1,274 - 1,151 1,151
截至二零一七及二零一六年六月三十 日止年度內，本集團並無金融工具在 公允價值第一與第二層級之間作出轉 移，或第三級轉入或轉出。本集團的政 策是在公允價值層級之間出現轉移的 報告期結算日確認有關變動。
劃分為第二級估值的非上市單位信託 投資的公允價值，是以本集團於結算日 所持信託投資單位數目乘以市場參考 價格來確定。市場參考價格由單位信 託投資依據自身於每一個交易日的淨 資產價值計算得出。
香港教育大學 2016-2017 年報 /
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