Page 120 - 地產代理監管局年報 2017/18 Estate Agents Authority Annual Report 2017/18
P. 120

ৌਕజڌ

            Financial Statements






            2.  Ꮠ͜อࠈʿ຾ࡌࠈʘ࠰ಥৌਕ                            2.  Application of New and Amendments
                 జѓ๟ۆ€˜࠰ಥৌਕజѓ๟ۆ™                            to Hong Kong Financial Reporting
                €ᚃ                                          Standards (¨HKFRSs©) (Continued)

                 ʊ཯бШ֠͊͛ࣖʘ࠰ಥৌਕజѓ๟                            New and revised HKFRSs in issue but not
                 ۆอࠈʿࡌࠈ͉ €ᚃ                                 yet effective (Continued)
                 ࠰ಥৌਕజѓ๟ۆୋ15໮܄˒Υߒϗू                          HKFRS 15 Revenue from Contracts with
                €ᚃ                                          Customers (Continued)
                 ׵ɚཧɓʬϋd࠰ಥึࠇࢪʮึ೯ڌ࠰ಥৌਕ                        In 2016, the HKICPA issued Clarifications to HKFRS 15 in
                 జѓ๟ۆୋ15໮ʘᆋ૶dʫ࢙Ϟᗫ࿁ᄵߒப                        relation to the identification of performance obligations,
                 ΂ٙᗆйe˴ԫɛၾ˾ଣɛ˾ᄆ˸ʿ೐๫͡ሗ                        principal versus agent considerations, as well as licensing
                 ܸˏf                                         application guidance.

                 ္၍҅ٙ၍ଣᄴཫࠇ࠰ಥৌਕజѓ๟ۆୋ15                        Management of EAA does not expect that the application of
                 ໮ٙྼ݄ਗ਼ʔึ࿁္၍҅ٙৌਕజڌପ͛ࠠɽ                        HKFRS 15 will have a significant impact, when applied, on the
                 ᅂᚤf                                         EAA’s financial statements.

                 ࠰ಥৌਕజѓ๟ۆୋ16໮ॡ༣                              HKFRS 16 Leases
                 ࠰ಥৌਕజѓ๟ۆୋ16໮މᗆй̈ॡɛʿו                        HKFRS 16 introduces a comprehensive model for the
                 ॡɛٙॡ༣τરʿึࠇஈଣˏɝɓࡈΌࠦᅼ                         identification of lease arrangements and accounting
                 όf຅࠰ಥৌਕజѓ๟ۆୋ16໮͛ࣖࣛdਗ਼                        treatments for both lessors and lessees. HKFRS 16 will
                 ՟˾࠰ಥึࠇ๟ۆୋ17໮ॡ༣ʿ޴ᗫٙ༕ᙑf                       supersede HKAS 17 Leases and the related interpretations
                                                             when it becomes effective.

                 ࠰ಥৌਕజѓ๟ۆୋ16໮࣬ኽהᗆй༟ପ݊                        HKFRS 16 distinguishes lease and service contracts on the
                 щ͟܄˒છՓԸਜʱॡ༣ʿ؂ਕΥߒfৰ೵ಂ                        basis of whether an identified asset is controlled by a
                 ॡ༣ʿЭ࠽༟ପॡ༣̮d຾ᐄʿፄ༟ॡ༣ٙࢨ                        customer. Distinctions of operating leases and finance leases
                 ମІוॡɛึࠇஈଣʕ୅ৰdԨ͟וॡɛ඲ఱ                        are removed for lessee accounting, and is replaced by a model
                 הϞॡ༣ᆽႩԴ͜ᛆ༟ପʿ޴Ꮠࠋවٙᅼόಁ                        where a right-of-use asset and a corresponding liability have
                 ˾f                                          to be recognised for all leases by lessees, except for short-
                                                             term leases and leases of low value assets.

                 Դ͜ᛆ༟ପڋӉܲϓ͉ࠇඎdᎇܝܲϓ͉€߰                        The right-of-use asset is initially measured at cost and
                 ʍԷ̮ઋرৰ̮ಯଢ଼ࠇұᔚʿಯ࠽ᑦฦࠇ                         subsequently measured at cost (subject to certain exceptions)
                 ඎd຾ॡ༣ࠋව΂Оࠠอࠇඎሜ዆fॡ༣ࠋව                        less accumulated depreciation and impairment losses,
                 ڋӉܲ຅ࣛ͊˕˹ॡ༣˹ಛତ࠽ࠇඎfᎇܝd                        adjusted for any remeasurement of the lease liability. The
                 ॡ༣ࠋව຾€Չʕܼ̍лࢹʿॡ༣˹ಛd˸ʿ                       lease liability is initially measured at the present value of the
                 ॡ༣ࡌҷᅂᚤʚ˸ሜ዆fఱତږݴʱᗳϾ                          lease payments that are not paid at that date. Subsequently,
                 Ԋd  ൮ණྠତࣛяΐ΋ಂཫ˹ॡ༣ಛධЪމ                       the lease liability is adjusted for interest and lease payments,
                 ϞᗫІ͜ॡ༣ɺήʿ༈ഃʱᗳމҳ༟يุٙҳ                        as well as the impact of lease modifications, amongst others.
                 ༟ତږݴdϾՉ˼຾ᐄॡ༣˹ಛяΐމ຾ᐄତ                        For the classification of cash flows, the Group currently
                 ږݴfίྼ݄࠰ಥৌਕజѓ๟ۆୋ16໮ܝd                        presents upfront prepaid lease payments as investing cash
                 Ϟᗫॡ༣ࠋවॡ༣˹ಛਗ਼ʱৣЇ͉ږʿлࢹ௅                        flows in relation to leasehold lands for owned use and those
                 ʱdϤਗ਼яΐމፄ༟ତږݴf                               classified as investment properties while other operating lease
                                                             payments are presented as operating cash flows. Upon
                                                             application of HKFRS 16, lease payments in relation to lease
                                                             liability will be allocated into a principal and an interest
                                                             portion which will be presented as financing cash flows.




        118     &45"5& "(&/54 "65)03*5: t Annual Report 2017/18
   115   116   117   118   119   120   121   122   123   124   125