Annual Report 2019

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 ANNUAL REPORT 2019 年度報告 127 13. 物業、廠房及設備 （續） 上述物業、廠房及設備項目（在建工程除外）以 直線法按以下年率折舊： 中國廠房 4% 或土地部分之 餘下租期（以較 短者為準） 租賃土地及樓宇 4% 或土地部分之 餘下租期（以較 短者為準） 租賃物業裝修 20% 傢俬、裝置及辦公室 設備 10% 廠房、機器及設備 3 1 / 3 % – 33 1 / 3 % 汽車 20% 減值評估 經參考財務表現及不利的市場狀況，本集團管 理層認為存在減值跡象並對與箱板紙分部及 瓦楞包裝分部有關的若干物業、廠房及設備 的現金產生單位的可回收金額進行減值評估， 於二零一九年十二月三十一日，賬面值分別為 1,309,954,000 港元及 30,816,000 港元。當無法 單獨估計可收回金額時，本集團根據使用價值 計算估計資產所屬現金產生單位的可收回金 額。 根據評估結果，本集團管理層認為於二零一九 年十二月三十一日現金產生單位的可回收金額 高於賬面值，並無就物業、廠房及設備的賬面 值確認減值虧損。 13. PROPERTY, PLANT AND EQUIPMENT (Continued) The above items of property, plant and equipment, other than construction in progress, are depreciated on a straight-line basis at the following rates per annum: Factory premises in the PRC 4% or remaining lease term of the land element, if shorter Leasehold land and buildings 4% or remaining lease term of the land element, if shorter Leasehold improvements 20% Furniture, fixtures and office equipment 10% Plant, machinery and equipment 3 1 / 3 % – 33 1 / 3 % Motor vehicles 20% Impairment assessment With reference to the financial performance and unfavourable market condition noted, the management of the Group concluded there was indication for impairment and conducted impairment assessment on recoverable amount of the cash-generating units of containerboard segment and corrugated packaging segment to which certain property, plant and equipment, with carrying amounts of HK$1,309,954,000 and HK$30,816,000, respectively, as at 31st December, 2019. The Group estimates the recoverable amounts of the cash-generating units to which the assets belong when it is not possible to estimate the recoverable amount individually based on a value-in-use calculation. Based on the result of the assessment, management of the Group determined that the recoverable amounts of the cash-generating units are higher than the carrying amounts as at 31st December, 2019 and no impairment loss has been recognised against the carrying amounts of property, plant and equipment.