HKSI Institute AR2019

NOTES TO THE FINANCIAL STATEMENTS 財務報表附註 (Expressed in Hong Kong dollars unless otherwise indicated) （除非另有註明，否則均以港幣列示） 88 Hong Kong Securities and Investment Institute Annual Report 2019 2 Significant accounting policies (Continued) (c) Subsidiaries (Continued) In the Institute’s statement of financial position, an investment in a subsidiary is stated at cost less impairment losses (see note 2(h)), unless the investment is classified as held for sale (or included in a disposal group that is classified as held for sale). (d) Fixed assets Fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is calculated to write off the cost of items of fixed assets, less their estimated residual value, if any, using the straight line method over their estimated useful lives as follows: – Leasehold improvements Over the term  of lease – Computer equipment 3 years – Office equipment, furniture  and fixtures 5 years Both the useful life of an asset and its residual value, if any, are reviewed annually. Gains or losses arising from the retirement or disposal of an item of fixed assets are determined as the difference between the net disposal proceeds and the carrying amount of the item and are recognised in the consolidated statement of profit or loss and other comprehensive income on the date of retirement or disposal. 2 主要會計政策 （續） (c) 附屬公司 （續） 本會財務狀況表所示於附屬公司 的投資，是按成本減去減值虧損 （參閱附註 2(h) ）後入賬，但劃歸 為持有待售（或已計入劃歸為持有 待售的處置組合））的投資除外。 (d) 固定資產 固定資產按成本減去累計折舊和 減值虧損（參閱附註 2(h) ）後列賬。 固定資產的折舊是以直線法在以 下預計可用期限內沖銷其成本（扣 除估計殘值（如有））計算： – 租賃裝修 租賃期 – 電腦設備 3 年 – 辦公設備、傢具 及固定裝置 5 年 本會每年審閱資產的可用期限和 殘值（如有）。 報廢或處置固定資產所產生的損 益以處置所得款項淨額與項目賬 面金額之間的差額釐定，並於報 廢或處置日在綜合損益及其他全 面收益表中確認。