Annual Report 2007

Notes to the Consolidated Financial Statements 綜合財務報表附註 For the year ended 31 December 2007 截至二零零七年十二月三十一日止年度 76 Sunny Optical Technology (Group) Company Limited 舜宇光學科技（集團）有限公司 3. Significant Accounting Policies The consolidated financial statements have been prepared on the historical cost basis except for certain financial instruments which are measured at fair value, as explained in the accounting policies set out below. The consolidated financial statements have been prepared in accordance with Hong Kong Financial Reporting Standards issued by the HKICPA. In addition, the consolidated financial statements include applicable disclosures required by the Listing Rules and by the Hong Kong Companies Ordinance. Basis of consolidation The consolidated financial statements incorporate the financial statements of the Company and entities controlled by the Company (its subsidiaries). Control is achieved where the Company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. The results of subsidiaries acquired or disposed of during the year are included in the consolidated income statement from the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by other members of the Group. All intra-group transactions, balances, income and expenses are eliminated on consolidation. Minority interests in the net assets of consolidated subsidiaries are presented separately from the Group’s equity therein. Minority interests in the net assets consist of the amount of those interests at the date of the original business combination and the minority’s share of changes in equity since the date of the combination. Losses applicable to the minority in excess of the minority’s interest in the subsidiary’s equity are allocated against the interests of the Group except to the extent that the minority has a binding obligation and is able to make an additional investment to cover the losses. 3. 主要會計政策 綜合財務報表按歷史成本基準編製，惟 按公平值計算的若干金融工具除外，詳 情見下文所述會計政策 綜合財務報表乃根據香港會計師公會頒 佈之香港財務報告準則編製。此外，綜 合財務報表載列上市規則及香港公司條 例規定之適用披露資料。 綜合基準 綜合財務報表包括本公司及本公司所控 制公司（附屬公司）的財務報表。當本公 司有權管理一家公司的財務及經營政策 以取得其業務利益，則視為擁有該公司 的控制權。 年內收購或出售之附屬公司的業績自收 購生效當日起或直至出售生效當日（如適 用）計入綜合收益表。 附屬公司之財務報表會於需要的情況下 作出調整，以使其會計政策與本集團其 他成員公司所採用者一致。 所有集團內公司間交易、結餘、收入及 開支於綜合賬目時對銷。 綜合附屬公司資產淨值中的少數股東權 益與本集團所佔權益分開呈列。資產淨 值中的少數股東權益包括於原業務合併 日期的有關權益數額，以及自合併日期 以來少數股東應佔股權變動。少數股東 所佔虧損超逾所佔附屬公司權益的差額 撥至本集團所佔權益，惟少數股東須承 擔具約束力責任及可作額外投資彌補虧 損的數額除外。