Annual Report 2019

HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 96 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） 物業、廠房及設備以及使用權資產減值虧 損 （續） 可收回金額乃公平值扣除出售成本與使用價值 之較高者。於評估使用價值時，估計未來現金 流量乃使用除稅前折現率折現至其現值，該折 現率反映現行市場對貨幣時間值之評估及該資 產（或現金產生單位）（其估計未來現金流未經 調整）特有之風險。 倘資產（或現金產生單位）之可收回金額估計低 於其賬面值，則將該資產（或現金產生單位）賬 面值減至其可收回金額。就未能按合理一致的 基準分配至現金產生單位的企業資產或部分 企業資產，本集團會比較一個組別的現金產生 單位賬面值（包括已分配至該組現金產生單位 的企業資產或部分企業資產的賬面值）與該組 現金產生單位的可收回金額。於分配減值虧損 時，按該單位或一組現金產生單位各項資產的 賬面值所佔比例分配至資產。資產賬面值不得 減少至低於其公平值減出售成本（如可計量）、 其使用價值（如可釐定）及零之中的最高值。已 另行分配至資產的減值虧損金額按比例分配 至該單位或一組現金產生單位的其他資產。減 值虧損即時於損益確認。 倘其後撥回減值虧損，則將該資產（或現金產 生單位或現金產生單位組別）之賬面值增至經 修訂之估計可收回金額，惟增加的賬面值不得 超過假如該資產（或現金產生單位之現金產生 量）於過往年度未有確認減值虧損而原應釐定 之賬面值。減值虧損之撥回即時於損益確認。 3. SIGNIFICANT ACCOUNTING POLICIES (Continued) Impairment losses on property, plant and equipment and right-of-use assets (Continued) Recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset (or a cash-generating unit) for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or a cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or a cash-generating unit) is reduced to its recoverable amount. For corporate assets or portion of corporate assets which cannot be allocated on a reasonable and consistent basis to a cash-generating unit, the Group compares the carrying amount of a group of cash-generating units, including the carrying amounts of the corporate assets or portion of corporate assets allocated to that group of cash-generating units, with the recoverable amount of the group of cash-generating units. In allocating the impairment loss, the impairment loss is allocated to the assets on a pro-rata basis based on the carrying amount of each asset in the unit or the group of cash-generating units. The carrying amount of an asset is not reduced below the highest of its fair value less costs of disposal (if measurable), its value in use (if determinable) and zero. The amount of the impairment loss that would otherwise have been allocated to the asset is allocated pro rata to the other assets of the unit or the group of cash-generating units. An impairment loss is recognised immediately in profit or loss. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit or a group of cash-generating units) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or a cash- generating up of cash-generating units) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.