Annual Report 2019

INDEPENDENT AUDITOR’S REPORT 獨立核數師報告 ANNUAL REPORT 2019 年度報告 67 關鍵審核事項 根據本核數師行的專業判斷，關鍵審核事項為本行 於本期間的綜合財務報表中最重要的事項。本核數 師行在審核綜合財務報表及就此達致意見時處理此 等事項，而不會就此等事項單獨發表意見。 KEY AUDIT MATTERS Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements of the current period. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. Key audit matter 關鍵審核事項 Impairment assessment on property, plant and equipment relating to the containerboard segment 與箱板紙分部有關的物業、廠房及設備之減值評估 We identified the impairment assessment of property, plant and equipment relating to the containerboard segment as a key audit matter due to its financial significance to the consolidated financial statements and the involvement of significant judgements and assumptions in estimating the recoverable amount of the cash-generating unit to which property, plant and equipment belong to. With reference to the financial performance and unfavourable market condition noted, the management considered that impairment indicators of certain property, plant and equipment relating to the containerboard segment existed as at 31st December, 2019. Accordingly, the management assessed whether there was any impairment of the property, plant and equipment relating to the containerboard segment at 31st December, 2019 by preparing a value-in-use calculation to determine the recoverable amount of the cash-generating unit to which the property, plant and equipment belong to. The value- in-use calculation requires the Group to estimate the future cash flows expected to arise from the cash generating unit and suitable discount rate in order to calculate the present value. The carrying amounts of property, plant and equipment relating to the containerboard segment for which the management have performed impairment assessment as at 31st December, 2019 are HK$1,309,954,000, as disclosed in note 13 to the consolidated financial statements. 本核數師行將與箱板紙分部有關的物業、廠房及設 備之減值評估確定為關鍵審核事項，乃由於其對綜 合財務報表的財務重要性及在估計物業、廠房及設 備所屬現金產生單位的可收回金額時涉及重大判斷 及假設。 經參考財務表現及不利的市場狀況，管理層認為， 與箱板紙分部有關的若干物業、廠房及設備於二零 一九年十二月三十一日存在減值跡象。因此，管理層 通過計算使用價值釐定物業、廠房及設備所屬現金 產生單位的可收回金額，從而評估與箱板紙分部有 關的物業、廠房及設備於二零一九年十二月三十一日 是否存在任何減值。使用價值的計算需要　貴集團 估計現金產生單位預期將產生的未來現金流量，並 採用適當的折現率計算其現值。 與箱板紙分部有關的物業、廠房及設備於二零一九 年十二月三十一日的賬面值為 1,309,954,000 港元，管 理層已對其作出減值評估，乃於綜合財務報表附註 13 內披露。