Annual Report 2021

FOR THE YEAR ENDED 31 DECEMBER 2021 截至二零二一年十二月三十一日止年度 138 SHOUGANG CENTURY HOLDINGS LIMITED 首佳科技製造有限公司 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 2 重大會計政策概要 （續） 2.7 物業、廠房及設備 （續） 在建工程指在建或待安裝的樓宇、 廠房及機器，並按成本值扣除減值 虧損列賬。成本包括直接建造成 本、廠房及機械成本及建造期間產 生的適用借貸成本。在相關資產完 工並且可以使用前，不計入在建工 程的折舊。當有關資產投入使用 時，成本轉移到其他物業、廠房和 設備，並按照上述政策折舊。 2.8 投資物業 投資物業為長期租金收益而持有， 並非由本集團佔用。投資物業初步 按成本計量，包括相關交易成本及 適用的借貸成本。隨後，它們以公 平值列賬。公平值變動於綜合損益 表呈列。 2.9 商譽 收購附屬公司之商譽計入無形資 產。商譽不予攤銷，惟每年進行減 值測試，或當有事件或情況改變顯 示資產有可能減值時作出更頻密的 減值測試，並按成本減累計減值虧 損列賬。出售實體之收益及虧損包 括與出售實體相關商譽之賬面值。 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) 2.7 Property, plant and equipment (continued) Construction-in-progress represents buildings and plant and machinery under construction and pending installation, and is stated at cost less impairment losses. Costs comprises direct construction costs, the cost of plant and machinery and applicable borrowing costs incurred during the construction period. No provision for depreciation is made on construction- in-progress until such time as the relevant assets are completed and ready for intended use. When the assets concerned are brought into use, the costs are transferred to other property, plant and equipment and depreciated in accordance with the policy as stated above. 2.8 Investment properties Investment properties are held for long-term rental yields and are not occupied by the Group. Investment property is initially measured at cost, including related transaction costs and where applicable borrowing costs. Subsequently, they are carried at fair value. Changes in fair values are presented in the consolidated statement of profit or loss. 2.9 Goodwill Goodwill on acquisitions of subsidiaries is included in intangible assets. Goodwill is not amortised but it is tested for impairment annually, or more frequently if events or changes in circumstances indicate that it might be impaired, and is carried at cost less accumulated impairment losses. Gains and losses on the disposal of an entity include the carrying amount of goodwill relating to the entity sold.