Annual Report 2019

HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 82 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 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」） （續） 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」 （續） 本集團結合於初始應用日期（即二零一九年一月 一日）確認的初始應用詮釋的累積影響應用該 項詮釋，而並無重列比較數字。根據本公司董 事的評估，應用該項詮釋並無對本集團於二零 一九年一月一日及本年度的保留利潤及稅項撥 備產生重大影響。 已頒佈但尚未生效之新訂及經修訂香港財 務報告準則 本集團並無提前應用下列已頒佈但尚未生效之 新訂及經修訂香港財務報告準則： 香港財務報告準則 第 17 號 保險合約 1 香港財務報告準則 第 3 號之修訂 業務的定義 2 香港財務報告準則 第 10 號及香港會 計準則第 28 號之 修訂 投資者與其聯營公司或 合營企業之間的資產 出售或注資 3 香港會計準則第 1 號 及香港會計準則 第 8 號之修訂 重大的定義 4 香港財務報告準則 第 9 號、香港會計 準則第 39 號及香 港財務報告準則 第 7 號之修訂 利率基準改革 4 1 於二零二一年一月一日或之後開始之年度期間 生效。 2 對收購日期為二零二零年一月一日或之後開始 的首個年度期間的業務合併及資產收購生效。 3 於有待釐定日期或之後開始之年度期間生效。 4 於二零二零年一月一日或之後開始之年度期間 生效。 2. APPLICATION OF NEW AND AMENDMENTS TO HONG KONG FINANCIAL REPORTING STANDARDS (“HKFRSs”) (Continued) HK(IFRIC) — Int 23 “Uncertainty over Income Tax Treatments” (Continued) The Group applied this interpretation retrospectively with the cumulative effect of initially applying the interpretation recognised at the date of initial application, 1st January, 2019, without restating comparatives. Based on the assessment made by the directors of the Company, the application of this interpretation has had no material impact on the Group’s retained profits and tax provision as at 1st January, 2019 and for the current year. New and amendments to HKFRSs in issue but not yet effective The Group has not early applied the following new and amendments to HKFRSs that have been issued but are not yet effective: HKFRS 17 Insurance Contracts 1 Amendments to HKFRS 3 Definition of a Business 2 Amendments to HKFRS 10 and HKAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture 3 Amendments to HKAS 1 and HKAS 8 Definition of Material 4 Amendments to HKFRS 9, HKAS 39 and HKFRS 7 Interest Rate Benchmark Reform 4 1 Effective for annual periods beginning on or after 1st January, 2021. 2 Effective for business combinations and asset acquisitions for which the acquisition date is on or after the beginning of the first annual period beginning on or after 1st January, 2020. 3 Effective for annual periods beginning on or after a date to be determined. 4 Effective for annual periods beginning on or after 1st January, 2020.