Annual Report 2021

合豐集團控股有限公司 • 二零二一年年報 101 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） 金融工具 （續） 財務資產 （續） 須根據香港財務報告準則第 9 號進 行減值評估 本集團根據香港財務報告準則第 9 號就發生減值之財務資產（包括貿 易應收款項、其他應收款項、按 金及銀行結餘）根據預期信貸虧損 （「預期信貸虧損」）模型進行減值 評估。預期信貸虧損的金額於各 報告日期更新，以反映自初始確 認後信貸風險的變化。 全期預期信貸虧損指將相關工具 的預期使用期內所有可能的違約 事件產生之預期信貸虧損。相反， 12 個月預期信貸虧損（「 12 個月預 期信貸虧損」）將預期於報告日期 後 12 個月內可能發生的違約事件 導致之全期預期信貸虧損部分。 評估乃根據本集團過往的信貸虧 損經驗進行，並根據債務人特有 的因素、一般經濟狀況以及對報 告日期當前狀況的評估以及對未 來狀況的預測作出調整。 本集團通常就貿易應收款項確認 全期預期信貸虧損。 對於所有其他工具，本集團計量 的虧損撥備等於 12 個月預期信貸 虧損，除非自初始確認後信貸風 險顯著增加，則本集團確認全期 預期信貸虧損。是否應確認全期 預期信貸虧損的評估乃基於自初 始確認以來發生違約之可能性或 風險是否顯著增加。 3. BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SIGNIFICANT ACCOUNTING POLICIES (Continued) 3.2 Significant accounting policies (Continued) Financial instruments (Continued) Financial assets (Continued) Impairment of financial assets subject to impairment assessment under HKFRS 9 The Group performs impairment assessment under expected credit loss (“ECL”) model on financial assets (including trade receivables, other receivables, deposits and bank balances) which are subject to impairment assessment under HKFRS 9. The amount of ECL is updated at each reporting date to reflect changes in credit risk since initial recognition. Lifetime ECL represents the ECL that will result from all possible default events over the expected life of the relevant instrument. In contrast, 12-month ECL (“12m ECL”) represents the portion of lifetime ECL that is expected to result from default events that are possible within 12 months after the reporting date. Assessment are done based on the Group’s historical credit loss experience, adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current conditions at the reporting date as well as the forecast of future conditions. The Group always recognises lifetime ECL for trade receivables. For all other instruments, the Group measures the loss allowance equal to 12m ECL, unless there has been a significant increase in credit risk since initial recognition, in which case the Group recognises lifetime ECL. The assessment of whether lifetime ECL should be recognised is based on significant increases in the likelihood or risk of a default occurring since initial recognition.