Annual Report 2020

80 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 HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 2. 應用經修訂香港財務報告準則（「香港財務 報告準則」） （續） 香港會計準則第 1 號之修訂「負債分類為 流動或非流動及香港詮釋第 5 號（二零二零年） 的相關修訂」 （續） 此外，由於香港會計準則第 1 號之修訂，對香港詮 釋第 5 號進行了修訂，以使相應的措詞保持一致且 結論不變。 根據本集團於二零二零年十二月三十一日的未償還 債務，應用該等該修訂將不會造成本集團債務的重 新分類。 3. 綜合財務報表編製基準及主要會計政策 綜合財務報表編製基準 綜合財務報表已根據由香港會計師公會頒佈之香港 財務報告準則而編製。就編製綜合財務資料而言， 倘有關資料可合理預期將會影響主要使用者之決 定，則該等資料被視為重要。此外，綜合財務報表 載列聯交所證券上市規則及香港公司條例規定之適 用披露。 於批准綜合財務報表時，本公司董事合理預期本集 團有足夠資源於可預見未來繼續經營。因此，彼等 在編製綜合財務報表時繼續採用持續經營會計基 準。 2. APPLICATION OF AMENDMENTS TO HONG KONG FINANCIAL REPORTING STANDARDS (“HKFRSs”) (Continued) Amendments to HKAS 1 “Classification of Liabilities as Current or Non-current and related amendments to Hong Kong Interpretation 5 (2020)” (Continued) In addition, Hong Kong Interpretation 5 was revised as a consequence of the Amendments to HKAS 1 to align the corresponding wordings with no change in conclusion. Based on the Group’s outstanding liabilities as at 31st December, 2020, the application of the amendments will not result in reclassification of the Group’s liabilities. 3. BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SIGNIFICANT ACCOUNTING POLICIES Basis of preparation of consolidated financial statements The consolidated financial statements have been prepared in accordance with HKFRSs issued by the HKICPA. For the purpose of preparation of the consolidated financial statements, information is considered material if such information is reasonably expected to influence decisions made by primary users. In addition, the consolidated financial statements include applicable disclosures required by the Rules Governing the Listing of Securities on the Stock Exchange and by the Hong Kong Companies Ordinance. The directors of the Company have, at the time of approving the consolidated financial statements, a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the consolidated financial statements.