Annual Report 2019

170 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 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） • 對於近期未獲得融資持有的租 賃，採用以無風險利率為起點 的累加法，並按照租賃的信用 風險進行調整；並 • 針對租賃做出特定調整，如租 賃期、國家、貨幣及抵押。 租賃付款額在本金和融資費用之間 進行分攤。融資費用在租賃期內計 入損益，以按照固定的週期性利率 對各期間負債餘額計算利息。 資產使用權按成本計量，包括： • 租賃負債的初始計量金額； • 在租賃期開始日或之前支付的 租賃付款額扣除收到的租賃激 勵； • 初始直接費用；以及 • 復原成本。 資產使用權一般在資產的使用壽命 與租賃期兩者孰短的期間內按直線 法計提折舊。如本集團合理確定會 行使購買權，則在標的資產的使用 壽命期間內對資產使用權計提折 舊。本集團對列報為不動產、廠房 及設備的租賃土地和樓宇的價值進 行重估，但未選擇重估所持有的使 用權建築物的價值。 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) 2.30 Leases (continued) • uses a build-up approach that starts with a risk-free interest rate adjusted for credit risk for leases held by the landlord, which does not have recent third party financing; and • makes adjustments specific to the lease, e.g. term, country, currency and security. Lease payments are allocated between principal and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. Right-of-use assets are measured at cost comprising the following: • the amount of the initial measurement of lease liability; • any lease payments made at or before the commencement date less any lease incentives received; • any initial direct costs; and • restoration costs. Right-of-use assets are generally depreciated over the shorter of the asset’s useful life and the lease term on a straight-line basis. If the Group is reasonably certain to exercise a purchase option, the right-of-use asset is depreciated over the underlying asset’s useful life. While the Group revalues its leasehold land and buildings that are presented within property, plant and equipment, it has chosen not to do so for the right-of-use buildings held by the Group.