Annual Report 2019

HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 78 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 1. GENERAL Hop Fung Group Holdings Limited (the “Company”) is an exempted company with limited liability incorporated in the Cayman Islands under the Companies Law, Cap. 22 (Law 3 of 1961, as consolidated and revised) of the Cayman Islands and its shares are listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). The address of the registered office of the Company is disclosed under Corporate Information section of the annual report. The consolidated financial statements are presented in Hong Kong dollars (“HK$”), which is also the functional currency of the Company. The Company acts as an investment holding company. The principal activities of its principal subsidiaries are set out in note 35. 2. APPLICATION OF NEW AND AMENDMENTS TO HONG KONG FINANCIAL REPORTING STANDARDS (“HKFRSs”) New and amendments to HKFRSs that are mandatorily effective for the current year The Company and its subsidiaries (hereinafter collectively referred to as the “Group”) has applied the following new and amendments to HKFRSs and an interpretation issued by the Hong Kong Institute of Certified Public Accountants (“HKICPA”) for the first time in the current year: HKFRS 16 Leases HK(IFRIC) — Int 23 Uncertainty over Income Tax Treatments Amendments to HKFRS 9 Prepayment Features with Negative Compensation Amendments to HKAS 19 Plan Amendment, Curtailment or Settlement Amendments to HKAS 28 Long-term Interests in Associates and Joint Ventures Amendments to HKFRSs Annual Improvements to HKFRSs 2015 – 2017 Cycle 1. 一般資料 合豐集團控股有限公司（「本公司」）根據開曼群 島法例第 22 章公司法（一九六一年第 3 條法例， 經綜合及修訂）於開曼群島註冊成立為獲豁免 有限公司，其股份於香港聯合交易所有限公司 （「聯交所」）上市。本公司之註冊辦事處之地址 載於本年報公司資料部份。 綜合財務報表均以港元（「港元」）呈列，港元為 本公司之功能貨幣。 本公司為投資控股公司，其主要附屬公司之主 要業務載於附註 35 。 2. 應用新訂及經修訂香港財務報告準則 （「香港財務報告準則」） 於本年度強制生效之新訂及經修訂香港財 務報告準則 在本年度，本公司及其附屬公司（以下統稱「本 集團」）首次採用下列由香港會計師公會（「香港 會計師公會」）頒佈之新訂及經修訂香港財務報 告準則及詮譯： 香港財務報告準則 第 16 號 租賃 香港（國際財務報告 詮釋委員會） — 詮釋第 23 號 所得稅處理的不確定性 香港財務報告準則 第 9 號之修訂 具有負補償的預付款特性 香港會計準則 第 19 號之修訂 計劃修訂、縮減或結清 香港會計準則 第 28 號之修訂 於聯營公司及合營企業 的長期權益 香港財務報告準則 之修訂 二零一五年至二零一七年 週期的香港財務報告 準則的年度改進