Annual Report 2023

Notes to the Consolidated Financial Statements 綜合財務報表附註 FOR THE YEAR ENDED 31 DECEMBER 2023 截至二零二三年十二月三十一日止年度 276 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2023 37. 金融工具（續） b. 財務風險管理目標及政策（續） 流動資金風險（續） 流動資金表（續） 利率基準改革 主要利率基準已於全球範圍內進行根 本性改革，以近乎無風險利率替代若 干銀行同業拆息（「 銀行同業拆息 」）。 本集團正在密切監察市場及設法向新 基準利率（包括相關銀行同業拆息監管 者公佈的利率）過渡。 香港銀行同業拆息利率 儘管港元隔夜平均指數（「 港元隔夜平 均指數 」）已獲識別為香港銀行同業 拆息利率的替代方案，惟並無終止香 港銀行同業拆息利率的計劃。香港一 直採納多利率方針，據此，香港銀行 同業拆息利率及港元隔夜平均指數將 會共存。本集團與香港銀行同業拆息 利率掛鈎的銀行借貸於到期後方會終 止，因此不會受到過渡的影響。 c. 金融工具的公允值計量 本附註提供有關本集團如何釐定不同 金融資產及金融負債公允值的資料。 本公司董事認為，在綜合財務報表中 按攤銷成本計量的金融資產及金融負 債的賬面值與其公允值相若。 37. FINANCIAL INSTRUMENTS (Continued) b. Financial risk management objectives and policies (Continued) Liquidity risk (Continued) Liquidity tables (Continued) Interest rate benchmark reform A fundamental reform of major interest rate benchmarks has been undertaken globally to replace some interbank offered rates (“ IBORs ”) with alternative nearly risk-free rates. The Group is closely monitoring the market and managing the transition to new benchmark interest rates, including announcements made by the relevant IBOR regulators. HIBOR While the Hong Kong Dollar Overnight Index Average (“ HONIA ”) has been identified as an alternative to HIBOR, there is no plan to discontinue HIBOR. The multi-rate approach has been adopted in Hong Kong, whereby HIBOR and HONIA will co-exist. The Group’s bank borrowings linked to HIBOR will continue till maturity and hence, not subject to transition. c. Fa i r v a l ue mea su r emen t s o f f i nanc i a l instruments This note provides information about how the Group determines fair values of various financial assets and financial liabilities. The directors of the Company consider that the carrying amounts of financial assets and financial liabilities measured at amortised cost in the consolidated financial statements approximate their fair values.