Annual Report 2019

舜宇光學科技（集團）有限公司 • 2019 年報 135 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 3. SIGNIFICANT ACCOUNTING POLICIES (Continued) For financial instruments which are transacted at fair value and a valuation technique that unobservable inputs is to be used to measure fair value in subsequent periods, the valuation technique is calibrated so that at initial recognition the results of the valuation technique equals the transaction price. In addition, for financial reporting purposes, fair value measurements are categorised into Level 1, 2 or 3 based on the degree to which the inputs to the fair value measurements are observable and the significance of the inputs to the fair value measurement in its entirety, which are described as follows: • Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date; • Level 2 inputs are inputs, other than quoted prices included within Level 1, that are observable for the asset or liability, either directly or indirectly; and • Level 3 inputs are unobservable inputs for the asset or liability. The principal accounting policies are set out below. Basis of consolidation The consolidated financial statements incorporate the financial statements of the Company and entities controlled by the Company and its subsidiaries. Control is achieved when the Company: • has power over the investee; • is exposed, or has rights, to variable returns from its involvement with the investee; and • has the ability to use its power to affect its returns. 3. 重要會計政策（續） 按公允值交易之金融工具，凡於其後期間 應用以不可觀察輸入數據計量公允價值之 估值方法，估值方法應予校正，以致於首 次確認時估值方法之結果相等於交易價格。 此外，就財務報告目的而言，根據可觀察 公允值計量的輸入數據及公允值計量的輸 入數據對其整體的重要性程度，公允值計 量分為第一級、第二級或第三級，於下文 有所說明： • 第一級輸入數據乃實體於計量日期可 得出之自相同資產或負債於活躍市場 中所報的未調整價格； • 第二級輸入數據乃資產或負債的直接 或間接可觀察輸入數據，惟第一級所 含報價除外；及 • 第三級輸入數據乃自資產或負債的不 可觀察輸入數據。 主要會計政策載列如下。 綜合基準 綜合財務報表包括本公司、本公司所控制 實體及其附屬公司的財務報表。當本公司 擁有以下權力時，則視為擁有投資對象的 控制權： • 於投資對象擁有權力； • 因參與投資對象業務而可能或有權獲 得可變回報；及 • 有能力行使其權力影響該等回報。