Annual Report 2008

Sunny Optical Technology (Group) Company Limited 舜宇光學科技（集團）有限公司 90 Notes to the Consolidated Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2008 綜合財務報表附註 截至二零零八年十二月三十一日止年度 3. 主要會計政策（續） 租約 當租約條款將絕大部份風險及回報轉讓予承 租人時，該租約分類為融資租約。所有其他 租約均分類為經營租約。 本集團作為承租人 根據經營租約的應付租金，於有關租期內以 直線法在損益中扣除。作為訂立經營租約獎 勵的已收及應收利益，按直線法於租期內確 認為租金開支減少。 預付租金 預付租金指位於中國的土地租賃權益，且按 成本入賬，並於租期內按直線法自損益扣 減。將於未來十二個月內扣減的預付租金列 為流動資產。 外幣 編製各集團實體之財務報表時，以該實體功 能貨幣以外貨幣（外幣）進行之交易會按相關 功能貨幣（即實體經營所在主要經濟環境之 貨幣）及於交易日期之匯率入賬。於各結算 日，以外幣計值之貨幣項目以結算日之匯率 重新換算。以外幣按過往成本計算之非貨幣 項目不會重新換算。 結算貨幣項目及換算貨幣項目產生之匯兌差 額，於產生期間確認為損益。 3. SIGNIFICANT ACCOUNTING POLICIES (Continued) Leasing Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases. The Group as lessee Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the term of the relevant lease. Benefits received and receivable as an incentive to enter into an operating lease are recognised as a reduction of rental expense over the lease term on a straight-line method. Prepaid lease payments Prepaid lease payments represent payments for leasehold interest in land in the PRC and are stated at cost and released to profit or loss on a straight-line basis over the lease terms. Prepaid lease payments which are to be released in the next twelve months are classified as current assets. Foreign currencies In preparing the financial statements of each individual group entity, transactions in currencies other than the functional currency of that entity (foreign currencies) are recorded in the respective functional currency (i.e. the currency of the primary economic environment in which the entity operates) at the rates of exchanges prevailing on the dates of the transactions. At each balance sheet date, monetary items denominated in foreign currencies are retranslated at the rates prevailing on the balance sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated. Exchange differences arising on the settlement of monetary items, and on the translation of monetary items, are recognised in profit or loss in the period in which they arise.