Annual Report 2020

93 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 3. 綜合財務報表編製基準及主要會計政策 （續） 主要會計政策 （續） 金融工具 （續） 財務資產 財務資產的分類及期後計量 當財務資產滿足以下條件，則其後按攤銷成本計 量： • 以收取合約現金流量為目的之經營模式下持 有之財務資產；及 • 合約條款於指定日期產生之現金流量純粹為 支付本金及未償還本金之利息。 利息收入就其後按攤銷成本計量的財務資產乃使用 實際利息法予以確認。利息收入乃對一項財務資產 賬面總值應用實際利率予以計算，惟其後出現信貸 減值的財務資產除外（見下文）。就其後出現信貸減 值的財務資產而言，自下一報告期起，利息收入乃 對財務資產攤銷成本應用實際利率予以確認。倘信 貸減值金融工具的信貸風險好轉，使財務資產不再 出現信貸減值，於釐定資產不再出現信貸減值後， 自報告期開始起利息收入乃對財務資產賬面總值應 用實際利率予以確認。 3. BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SIGNIFICANT ACCOUNTING POLICIES (Continued) Significant accounting policies (Continued) Financial instruments (Continued) Financial assets Classification and subsequent measurement of financial assets Financial assets that meet the following conditions are subsequently measured at amortised cost: • the financial asset is held within a business model whose objective is to collect contractual cash flows; and • the contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. Interest income is recognised using the effective interest method for financial assets measured subsequently at amortised cost. Interest income is calculated by applying the effective interest rate to the gross carrying amount of a financial asset, except for financial assets that have subsequently become credit-impaired (see below). For financial assets that have subsequently become credit- impaired, interest income is recognised by applying the effective interest rate to the amortised cost of the financial asset from the next reporting period. If the credit risk on the credit-impaired financial instrument improves so that the financial asset is no longer credit-impaired, interest income is recognised by applying the effective interest rate to the gross carrying amount of the financial asset from the beginning of the reporting period following the determination that the asset is no longer credit-impaired.