FDRC 2018 Annual Report

Notes to the Financial Statements 財務報表附註 (Expressed in Hong Kong dollars) （以港幣列示） Financial Dispute Resolution Centre 金融糾紛調解中心 48 2. SIGNIFICANT ACCOUNTING POLICIES (continued) (c) Changes in accounting policies (continued) (ii) HKFRS 15, Revenue from contracts with customers HKFRS 15 establishes a comprehensive framework for recognising revenue and some costs from contracts with customers. HKFRS 15 replaces HKAS 18, Revenue , which covered revenue arising from sale of goods and rendering of services, and HKAS 11, Construction contracts , which specified the accounting for construction contracts. HKFRS 15 also introduces additional qualitative and quantitative disclosure requirements which aim to enable users of the financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company has elected to use the cumulative effect transition method and has recognised the cumulative effect of initial application as an adjustment to the opening balance of equity at 1 January 2018. Therefore, comparative information has not been restated and continues to be reported under HKAS 18. As allowed by HKFRS 15, the Company has applied the new requirements only to contracts that were not completed before 1 January 2018. The Company initially applied HKFRS 15 on 1 January 2018 retrospectively in accordance with HKAS 8 without any practical expedients. The timing or amount of the Company’s revenue and other income from contracts with customers was not impacted by the adoption of HKFRS 15. 2. 主要會計政策 （ 續 ） (c) 會計政策的修訂 （ 續 ） (ii) 《 香港財務報告準則 》第 15 號－「 與客戶訂約 收入 」 《 香港財務報告準則 》第 15 號建立了確認客戶 合約收入和相關成本的全面框架。《 香港財務報 告準則 》第 15 號取代了《 香港會計準則 》第 18 號－「 收入 」（ 其涵蓋銷售商品及提供勞務所得收 入 ）及《 香港會計準則 》第 11 號－「 建造合約 」 （ 其規定了建造合約的會計處理 ）。 《 香港財務報告準則 》第 15 號亦增加了定性和定 量披露要求，旨在使財務報表使用者能夠瞭解客 戶合約收入及現金流量的性質、金額、時間和不 確定性。 本公司已選擇採用累積影響過渡法，並將首次應 用《 香港財務報告準則 》第 15 號的累積影響確認 為對於二零一八年一月一日的期初權益餘額的調 整。因此，比較信息未作重述，而仍按照《 香港 會計準則 》第 18 號進行報告。根據《 香港財務報 告準則 》第 15 號的規定，本公司僅對於二零一八 年一月一日前尚未完成的合約應用新要求。 根據《 香港會計準則 》第 8 號，本公司於二零 一八年一月一日首次追溯應用《 香港財務報告準 則 》第 15 號，並無使用任何簡便實務操作方法。 應用《 香港財務報告準則 》第 15 號對源自客戶 合約的收入及其他所得的時間或金額並無構成影 響。