HKSI Institute AR2020

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） 86 Hong Kong Securities and Investment Institute Annual Report 2020 2 Significant accounting policies (Continued) (g) Leased assets (Continued) (A) Policy applicable from 1 April 2019 (Continued) Where the lease is capitalised, the lease liability is initially recognised at the present value of the lease payments payable over the lease term, discounted using the interest rate implicit in the lease or, if the rate cannot be readily determined, using a relevant incremental borrowing rate. After initial recognition, the lease liability is measured at amortised cost and interest expense is calculated using the effective interest method. Variable lease payments that do not depend on an index or rate are not included in the measurement of the lease liability and hence are charged to profit or loss in the accounting period in which they are incurred. The right-of-use asset recognised when a lease is capitalised is initially measured at cost, which comprises the initial amount of the lease liability plus any lease payments made at or before the commencement date, and any initial direct costs incurred. Where applicable, the cost of the right-of-use assets also includes an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site or which it is located, discounted to their present value, less any lease incentives received. The right-of-use asset is subsequently stated at cost lease accumulated depreciation and impairment losses (see note 2(d)). The lease liability is remeasured when there is a change in future lease payments arising from a change in an index or rate, or there is a change in the Group’s estimate of the amount expected to be payable under a residual value guarantee, or there is a change arising from the reassessment of whether the Group will be reasonably certain to exercise a purchase, extension or termination option. When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. In the consolidated statement of financial position, the Group presents right-of-use assets within the same line item as similar underlying assets and presents lease liabilities separately. 2 主要會計政策 （續） (g) 租賃資產 （續） (A) 自二零一九年四月一日起適 用的政策 （續） 若租賃被資本化，租賃負債 按照租賃期內的應付租賃付 款額按租賃內含利率（若租賃 內含利率無法直接確定，則 使用相關的增量借款利率）折 現後的現值進行初始確認。 初始確認後，租賃負債按攤 銷成本計量，並採用實際利 率法計算利息費用。不取決 於指數或比率的可變租賃付 款額不納入租賃負債的計 量，因此在其發生的會計期 間內在損益中列支。 在資本化租賃時確認的使用 權資產按成本初始計量。使 用權資產的成本包括租賃負 債的初始金額，加上在租賃 期開始日或之前支付的租賃 付款額以及已發生的初始直 接費用。在適用情況下，使 用權資產的成本還包括拆卸 及移除標的資產、復原標的 資產或其所在場所估計將發 生的成本折現後的現值，減 去收到的租賃激勵。使用權 資產以成本減去累計折舊和 減值虧損（參閱附註 2(d)) 後入 賬。 倘指數或比率變化導致未來 租賃付款額發生變動，或者 本集團根據餘值擔保估計的 應付金額發生變動，或者對 於本集團是否合理確定將行 使購買、續租或終止租賃選 擇權的重估結果發生變化， 則應重新計量租賃負債。倘 在這種情況下重新計量租賃 負債，應對使用權資產的賬 面金額作出相應調整；倘使 用權資產的賬面金額已減至 零，則將相關調整計入損 益。 在本綜合財務狀況表中，本 集團在與類似標的資產相同 的項目下列示使用權資產， 並分別列示租賃負債。