Annual Report 2019

126 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2019 FOR THE YEAR ENDED 31 DECEMBER 2019 截至二零一九年十二月三十一日止年度 Notes to the Consolidated Financial Statements 綜合財務報表附註 2. APPLICATION OF NEW AND AMENDMENTS TO HONG KONG FINANCIAL REPORTING STANDARDS (“HKFRSs”) (Continued) HKFRS 16 Leases The Group has applied HKFRS 16 for the first time in the current year. HKFRS 16 superseded HKAS 17 Leases (“HKAS 17”), and the related interpretations. Definition of a lease The Group has elected the practical expedient to apply HKFRS 16 to contracts that were previously identified as leases applying HKAS 17 and HK(IFRIC)-Int 4 Determining whether an Arrangement contains a Lease and not apply this standard to contracts that were not previously identified as containing a lease. Therefore, the Group has not reassessed contracts which already existed prior to the date of initial application. For contracts entered into or modified on or after 1 January 2019, the Group applies the definition of a lease in accordance with the requirements set out in HKFRS 16 in assessing whether a contract contains a lease. As a lessee The Group has applied HKFRS 16 retrospectively with the cumulative effect recognised at the date of initial application, 1 January 2019. As at 1 January 2019, the Group recognised additional lease liabilities and measured right-of-use assets at the carrying amounts as if HKFRS 16 had been applied since commencement dates, but discounted using the incremental borrowing rates of the relevant group entities at the date of initial application by applying HKFRS 16.C8(b)(i) transition. Any difference at the date of initial application is recognised in the opening retained profits and comparative information has not been restated. 2. 應用新訂及經修訂香港財務 報告準則（「香港財務報告 準則」）（續） 香港財務報告準則第 16 號 租賃 本集團已於本年度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。 租賃的定義 本集團選用權宜方案，對過往應用香港會 計準則第 17 號及香港（國際財務報告詮釋 委員會）詮釋第 4 號 釐定一項安排是否包含 租賃 所識別為租賃之合約應用香港財報告 準則第 16 號，而對過往並非識別為包含租 賃的合約則不會應用此準則。因此，本集 團並無重新評估在初始應用日期之前已經 存在之合約。 就二零一九年一月一日或之後訂立或修改 之合約，本集團應用按照香港財務報告準 則第 16 號所載規定為租賃之定義去評估一 項合約是否包含租賃。 作為承租人 本集團已追溯應用香港財務報告準則第 16 號，累計影響於首次應用日期（二零一九年 一月一日）確認。 於二零一九年一月一日，本集團按賬面值 確認其他租賃負債並計量使用權資產，猶 如自開始日期起已應用香港財務報告準則 第 16 號，但通過應用香港財務報告準則第 16.C8(b)(i) 條過渡使用相關集團實體於首次 應用日期的增量借款利率進行貼現。於首 次應用日期的任何差額於期初保留盈利確 認且比較資料不予重列。