Annual Report 2021

HOP FUNG GROUP HOLDINGS LIMITED • Annual Report 2021 98 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) 綜合財務報表附註（續） FOR THE YEAR ENDED 31ST DECEMBER, 2021 截至二零二一年十二月三十一日止年度 3. 綜合財務報表編製基準及主 要會計政策 （續） 3.2 主要會計政策 （續） 物業、廠房及設備以及使用 權資產之減值虧損 （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 例分配至該單位或現金產生單位 組別的其他資產。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 單位或現金產生單位組別）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. BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SIGNIFICANT ACCOUNTING POLICIES (Continued) 3.2 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 cash-generating unit or a group of cash-generating units) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.