Annual Report 2019

HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 104 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報表附註 FOR THE YEAR ENDED 31ST DECEMBER, 2019 截至二零一九年十二月三十一日止年度 3. 主要會計政策 （續） 金融工具 （續） 財務資產 （續） 財務資產減值（續） (v) 預期信貸虧損之計量及確認 （續） 本集團就所有金融工具，透過調整其賬 面值，以於損益確認減值收益或虧損， 惟貿易應收款項除外，其相應調整透過 虧損撥備賬確認。 取消確認財務資產 僅於現金流量的合約權利屆滿時，本集團方會 取消確認財務資產。 於取消確認某項按攤銷成本計量的財務資產 時，該項資產賬面值與已收及應收代價總額的 差額在損益確認。 財務負債及權益工具 分類為債項或權益 債務及權益工具乃根據所訂立合同安排之性質 與財務負債及權益工具之定義分類為財務負債 或權益。 權益工具 權益工具乃證明本集團於扣減所有負債後之資 產中擁有剩餘權益之任何合同。本公司所發行 之權益工具乃按已收取之所得款項減直接發行 成本確認。 按攤銷成本計量之財務負債 財務負債（包括貿易、票據及其他應付款項及 無抵押銀行借貸）其後乃採用實際利率法按已 攤銷成本計量。 3. SIGNIFICANT ACCOUNTING POLICIES (Continued) Financial instruments (Continued) Financial assets (Continued) Impairment of financial assets (Continued) (v) Measurement and recognition of ECL (Continued) The Group recognises an impairment gain or loss in profit or loss for all financial instruments by adjusting their carrying amount, with the exception of trade receivables, where the corresponding adjustment is recognised through a loss allowance account. Derecognition of financial assets The Group derecognises a financial asset only when the contractual rights to the cash flows from the asset expire. On derecognition of a financial asset measured at amortised cost, the difference between the asset’s carrying amount and the sum of the consideration received and receivable is recognised in profit or loss. Financial liabilities and equity instruments Classification as debt or equity Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument. Equity instruments An equity instrument is any contract that evidences a residual interest in the assets of the Group after deducting all of its liabilities. Equity instruments issued by the Company are recognised at the proceeds received, net of direct issue costs. Financial liabilities at amortised cost Financial liabilities (including trade, bills and other payables and unsecured bank borrowings) are subsequently measured at amortised cost, using the effective interest method.