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 50 2. SIGNIFICANT ACCOUNTING POLICIES (continued) (c) Changes in accounting policies (continued) (ii) HKFRS 15, Revenue from contracts with customers (continued) (B) Disclosure of the estimated impact on the amounts reported in respect of the year ended 31 December 2018 as a result of the adoption of HKFRS 15 on 1 January 2018. The Company has assessed that the impact of transition to HKFRS 15 did not had a material impact on retained earnings and the related tax impact at 1 January 2018. (d) Property, plant and equipment Property, plant and equipment are stated at cost less accumulated depreciation and impairment losses. Depreciation is calculated to write off the cost of items of property, plant and equipment, less their estimated residual value, if any, using the straight-line method over their estimated useful lives as follows: – Leasehold improvements Over the unexpired term of the lease – Furniture and fixtures 5 years – Office equipment 3 years – Computer equipment and software 3 years Both the useful life of an asset and its residual value, if any, are reviewed annually. The carrying amounts of property, plant and equipment are reviewed for indications of impairment at the end of each reporting period. An impairment loss is recognised in comprehensive income if the carrying amount of an asset exceeds its recoverable amount. The recoverable amount of an asset is the greater of its fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a discount rate that reflects current market assessments of the time value of money and the risks specific to the assets. An impairment loss is reversed if there has been a favourable change in estimates used to determine the recoverable amount. Gains or losses arising from the retirement or disposal of an item of property, plant and equipment are determined as the difference between the net disposal proceeds and the carrying amount of the item and are recognised in comprehensive income on the date of retirement or disposal. 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 」（ 續 ） (B) 披露由於二零一八年一月一日採用《 香港財 務報告準則 》第 15 號對截至二零一八年十二月 三十一日止年度列報金額所造成的估計影響。 經評估，本公司認為過渡至《 香港財務報告準 則 》第 15 號造成的影響不會對於二零一八年一月 一日的留存溢利及相關稅務影響造成重大影響。 (d) 物業、廠房和設備 物業、廠房和設備是以成本扣除累計折舊及減值 虧損後列賬。 物業、廠房和設備項目的折舊是以直線法在以下 預計可用期限內沖銷其成本（ 已扣除估計殘值 （ 如有 ））計算： －租賃改善 餘下租賃期 －傢俱及固定裝置 5 年 －辦公室設備 3 年 －電腦設備及軟件 3 年 本公司會每年審閱資產的可用期限和殘值（ 如 有 ）。 本公司會於每個報告期末審閱物業、廠房及設備 的賬面值是否出現減值跡象。如資產賬面值高於 其可收回數額，便會於全面收益中確認減值虧 損。資產的可收回數額是其公允價值（ 已扣除處 置費用 ）與使用價值兩者中的較高額。在評估使 用價值時，預計未來現金流量會按照能反映當時 市場對貨幣時間值和資產特定風險的評估的稅前 折現率，折現至其現值。如果用以釐定可收回數 額的估計數額出現了正面的變化，有關的減值虧 損便會轉回。 報廢或處置物業、廠房和設備項目所產生的損益 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全面收益中確認。