Annual Report 2019

HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 88 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） 客戶合約收益 （續） 本集團之收益於某一時間點確認。根據香港財 務報告準則第 15 號下的控制權轉移方法，來自 製造及向本集團客戶銷售箱板紙及瓦楞包裝之 收益於貨品轉予客戶時確認，即當客戶有能力 管理貨品的使用並獲得該貨品的絕大部分剩餘 利益的某個時間點。 可變代價 就包含可變代價的交易而言，本集團使用以下 其中一種方法估計本集團有權收取的代價金 額： (a) 預期價值法或 (b) 最有可能的金額（視乎 何種方法更能預測本集團有權收取的代價金額 而定）。 可變代價的估計金額僅在以下情況下，方會計 入交易價格：於計入交易價格時很大可能不會 導致其後關乎可變代價的不確定因素獲得解決 時出現收益大幅撥回。 於各報告期末，本集團更新估計交易價格（包括 更新評估有關可變代價的估計是否受到限制）， 以真實反映於報告期末存在的情況以及於報告 期內該等情況發生的變化。 3. SIGNIFICANT ACCOUNTING POLICIES (Continued) Revenue from contracts with customers (Continued) The revenue of the Group is recognised at a point in time. Under the transfer-of-control approach in HKFRS 15, revenue from manufacturing and sales of containerboard and corrugated packaging products to the Group’s customers are recognised when the goods are passed to the customers, which is the point of time when the customer has the ability to direct the use of the goods and obtain substantially all of the remaining benefits of the goods. Variable consideration For transactions that contain variable consideration, the Group estimates the amount of consideration to which it will be entitled using either (a) the expected value method or (b) the most likely amount, depending on which method better predicts the amount of consideration to which the Group will be entitled. The estimated amount of variable consideration is included in the transaction price only to the extent that it is highly probable that such an inclusion will not result in a significant revenue reversal in the future when the uncertainty associated with the variable consideration is subsequently resolved. At the end of each reporting period, the Group updates the estimated transaction price (including updating its assessment of whether an estimate of variable consideration is constrained) to represent faithfully the circumstances present at the end of the reporting period and the changes in circumstances during the reporting period.