Annual Report 2020

145 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報表附註 FOR THE YEAR ENDED 31ST DECEMBER, 2020 截至二零二零年十二月三十一日止年度 ANNUAL REPORT 2020 年度報告 32. 金融工具 （續） (b) 財務風險管理目標及政策 （續） 信貸風險及減值評估 於二零二零年十二月三十一日，本集團因交 易夥伴未能履行責任造成本集團財務損失而 面對之最高信貸風險，乃源自於綜合財務狀 況表所示各自已確認財務資產之賬面值。 客戶合約產生的貿易應收款項 為盡量降低信貸風險，本公司董事已委派一 組人員負責制訂信貸限額、信貸審批及其他 監控程序，以確保採取跟進措施收回逾期未 付之債項。此外，本集團根據預期信貸虧損 模式，或根據集體評估，作出減值評估。就 此而言，本公司董事認為本集團之信貸風險 已大幅降低。 貿易應收款項涉及大量客戶，並跨越不同行 業以及地區，因此本集團並無重大集中之信 貸風險。 就貿易應收款項而言，本集團已就香港財務 報告準則第 9 號應用簡化方式，計量全期的 預期信貸虧損的撥備。除於二零二零年十二 月三十一日總賬面值為 3,108,000 港元（二零 一九年： 2,935,000 港元）的款項已出現信貸 減值的債務人外，本集團參考債務人的過往 違約經驗及目前逾期情況，根據共有的信貸 風險特徵分組，使用集體評估釐定於二零二 零年十二月三十一日總賬面值為 189,365,000 港元（二零一九年： 146,560,000 港元）並未出 現信貸減值的貿易應收款項的預期信貸虧損。 32. FINANCIAL INSTRUMENTS (Continued) (b) Financial risk management objectives and policies (Continued) Credit risk and impairment assessment As at 31st December, 2020, the Group’s maximum exposure to credit risk which will cause a financial loss to the Group due to failure to discharge an obligation by the counterparties is arising from the carrying amount of the respective recognised financial assets as stated in the consolidated statement of financial position. Trade receivables arising from contracts with customers In order to minimise the credit risk, the directors of the Company has delegated a team responsible for determination of credit limits, credit approvals and other monitoring procedures to ensure that follow-up action is taken to recover overdue debts. In addition, the Group performs impairment assessment under ECL model on trade receivables individually or based on a collective assessment. In this regard, the directors of the Company consider that the Group’s credit risk is significantly reduced. Trade receivables consist of a large number of customers, spread across diverse industries and geographical areas, and thus the Group does not have significant concentration of credit risk. For trade receivables, the Group has applied the simplified approach in HKFRS 9 to measure the loss allowance at lifetime ECL. Except for credit-impaired debtors with gross carrying amount of HK$3,108,000 as at 31st December, 2020 (2019: HK$2,935,000), the Group determines the ECL on the trade receivables that are not credit-impaired with gross carrying amount of HK$189,365,000 as at 31st December, 2020 (2019: HK$146,560,000) under collective assessment, grouped based on shared credit risk characteristics by reference to past default experience and current past due status of debtors.