Annual Report 2019

ANNUAL REPORT 2019 年度報告 87 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） 綜合基準 （續） 如有需要，本集團會對附屬公司財務報表作出 調整，以使彼等之會計政策與本集團之會計政 策一致。 本集團內公司間之所有資產及負債、權益、收 入、開支及有關本集團成員之間交易的現金流 量，已於綜合賬目時悉數對銷。 客戶合約收益 當（或於）滿足履約責任時，本集團確認收益， 即於特定履約責任的相關貨品或服務的「控制 權」轉讓予客戶時確認。 履約責任指不同的貨品及服務（或一組貨品或服 務）或一系列不同的貨品及大致相同的服務。 控制權隨時間轉移，而倘滿足以下其中一項條 件，則收益乃參照完全滿足相關履約責任的進 展情況而隨時間確認： • 隨本集團履約，客戶同時取得並耗用本 集團履約所提供的利益； • 本集團之履約創建或強化一項資產，該 資產於創建或強化之時即由客戶控制；或 • 本集團的履約並未產生對本集團有替代 用途的資產，且本集團對迄今已完成履 約之款項具有可執行之權利。 否則，收益於客戶獲得不同貨品或服務控制權 的時間點確認，即貨品交予客戶之時間點。於 貨品已付運至客戶指定地點，則屬已交付。 3. SIGNIFICANT ACCOUNTING POLICIES (Continued) Basis of consolidation (Continued) Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies in line with the Group’s accounting policies. All intragroup assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation. Revenue from contracts with customers The Group recognises revenue when (or as) a performance obligation is satisfied, i.e. when “control” of the goods or services underlying the particular performance obligation is transferred to the customer. A performance obligation represents a good or service (or a bundle of goods or services) that is distinct or a series of distinct goods or services that are substantially the same. Control is transferred over time and revenue is recognised over time by reference to the progress towards complete satisfaction of the relevant performance obligation if one of the following criteria is met: • the customer simultaneously receives and consumes the benefits provided by the Group’s performance as the Group performs; • the Group’s performance creates or enhances an asset that the customer controls as the Group performs; or • the Group’s performance does not create an asset with an alternative use to the Group and the Group has an enforceable right to payment for performance completed to date. Otherwise, revenue is recognised at a point in time when the customer obtains control of the distinct good or service, being at the point the goods are delivered to the customer. Delivery occurs when the goods have been shipped to the customer’s specific location.