Annual Report 2019

169 年報 ANNUAL REPORT 2019 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 FOR THE YEAR ENDED 31 DECEMBER 2019 截至二零一九年十二月三十一日止年度 2 重大會計政策概要 （續） 2.30 租約 （續） 自二零一九年一月一日起，預付租 賃款項已重新分類為土地使用權， 本集團在租賃資產可供其使用的當 日將其他租賃確認為資產使用權和 相應的負債。 租賃產生的資產和負債按現值進 行初始計量。租賃負債包括固定付 款額的淨現值（包括實質固定付款 額），扣除任何應收的租賃激勵。 當本集團合理確定將行使續租選擇 權時，租賃付款額也納入負債的計 量中。 租賃付款額按租賃內含利率折現。 本集團的租賃內含利率通常無法直 接確定，在此情況下，應採用承租 人的增量借款利率，即承租人在類 似經濟環境下獲得與資產使用權價 值接近的資產，在類似期間以類似 抵押條件借入資金而必須支付的利 率。 為確定增量借款利率，本集團應： • 在可能的情況下，以承租人最 近收到的融資為起點，並進行 調整以反映融資條件自融資後 的變化 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) 2.30 Leases (continued) From 1 January 2019, prepaid lease payments are reclassified as land use rights, other leases are recognised as a right-of-use asset and a corresponding liability at the date at which the leased asset is available for use by the Group. Assets and liabilities arising from a lease are initially measured on a present value basis. Lease liabilities include the net present value of the fixed payments (including in-substance fixed payments), less any lease incentives receivable. Lease payments to be made under reasonably certain extension options are also included in the measurement of the liability. The lease payments are discounted using the interest rate implicit in the lease. If that rate cannot be readily determined, which is generally the case for leases in the Group, the lessee’s incremental borrowing rate is used, being the rate that the individual lessee would have to pay to borrow the funds necessary to obtain an asset of similar value to the right-of-use asset in a similar economic environment with similar terms, security and conditions. To determine the incremental borrowing rate, the Group: • where possible, uses recent third-party financing received by the individual lessee as a starting point, adjusted to reflect changes in financing conditions since third party financing was received;