Interim Report 2019

Sunny Optical Technology (Group) Company Limited INTERIM REPORT 2019 58 Notes to the Condensed Consolidated Financial Statements 簡明綜合財務報表附註 FOR THE SIX MONTHS ENDED 30 JUNE 2019 截至二零一九年六月三十日止六個月 2. 主要會計政策（續） 2.1 應用香港財務報告準則第 16 號租賃的會 計政策影響及變動 本集團已於本中期期間首次採納香港財務報 告準則第 16 號。香港財務報告準則第 16 號取 代香港會計準則第 17 號租賃（「香港會計準則 第 17 號」）及相關詮釋。 2.1.1 應用香港財務報告準則第 16 號導致會計 政策的主要變動 本集團已根據香港財務報告準則第 16 號的過 渡條文應用以下會計政策。 租賃的定義 倘合約為換取代價而給予在一段時間內控制 可識別資產使用的權利，則該合約是租賃或 包含租賃。 就於首次應用日期或之後訂立或修改的合約 而言，本集團根據香港財務報告準則第 16 號 的定義於初始或修改日期評估該合約是否為 租賃或包含租賃。除非合約的條款及條件其 後出現變動，否則有關合約將不予重新評估。 2. PRINCIPAL ACCOUNTING POLICIES (CONTINUED) 2.1 Impacts and changes in accounting policies of application on HKFRS 16 Leases The Group has applied HKFRS 16 for the first time in the current interim period. HKFRS 16 superseded HKAS 17 Leases (“HKAS 17”), and the related interpretations. 2.1.1 Key changes in accounting policies resulting from application of HKFRS 16 The Group applied the following accounting policies in accordance with the transition provisions of HKFRS 16. Definition of a lease A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. For contracts entered into or modified on or after the date of initial application, the Group assesses whether a contract is or contains a lease based on the definition under HKFRS 16 at inception or modification date. Such contract will not be reassessed unless the terms and conditions of the contract are subsequently changed.