Interim Report 2018

Notes to the Condensed Consolidated Financial Statements 簡明綜合財務報表附註 FOR THE SIX MONTHS ENDED 30 JUNE 2018 截至二零一八年六月三十日止六個月 68 Sunny Optical Technology (Group) Company Limited INTERIM REPORT 2018 2. PRINCIPAL ACCOUNTING POLICIES (Continued) 2.2 Impacts and changes in accounting policies of app l i ca t i on on HKFRS 9 F i nanc i a l I ns t r umen t s (Continued) 2.2.2 Summary of effects arising from initial application of HKFRS 9 (Continued) (b) Financial assets at FVTPL and/or designated at FVTPL At the date of initial application, the Group no longer applied designation as measured at FVTPL for the unlisted financial products and structured deposits and the portfolio of financial assets which is managed and its performance is evaluated on a fair value basis, as these financial assets are required to be measured at FVTPL under HKFRS 9. As a result, the fair value of these investments of RMB1,952,340,000 were reclassified from financial assets designated at FVTPL to financial assets at FVTPL at 1 January 2018. (c) Impairment under ECL model The Group applies the HKFRS 9 simplified approach to measure ECL which uses a lifetime ECL for all trade receivables. To measure the ECL, trade receivables have been grouped based on shared credit risk characteristics and aging. Loss allowances for other financial assets at amortised cost mainly comprise of pledged bank deposits, short term fixed deposits, bank balances, other receivables and amounts due from related parties, are measured on 12m ECL basis and there had been no significant increase in credit risk since initial recognition. As at 1 January 2018, the additional credit loss allowance of RMB1,966,000 has been recognised against retained profits. The additional loss allowance is charged against the respective asset. 2. 主要會計政策（續） 2.2 應用香港財務報告準則第 9 號金融工具的 會計政策影響及變動（續） 2.2.2 初次應用香港財務報告準則第 9 號之影響 概述（續） (b) 按公允值計入損益及╱或指定為按公允 值計入損益之金融資產 於初步應用日期，本集團不再應用指定 為按公允值計入損益以計量未上市金融 產品、結構性存款及金融資產投資組合 （乃按公允值管理及評估其表現），原因 為該等金融資產須根據香港財務報告準 則第 9 號按公允值計入損益計量。因此， 該等投資之公允值人民幣 1,952,340,000 元已由指定按公允值計入損益之金融資 產重新分類為於二零一八年一月一日按 公允值計入損益之金融資產。 (c) 預期信貸虧損模式項下的減值 本集團採用香港財務報告準則第 9 號簡化 方式計量預期信貸虧損，該方式就所有貿 易應收款項採用全期預期信貸虧損方式。 為計量預期信貸虧損，已根據共享信貸風 險特徵及賬齡對貿易應收款項進行分組。 按攤銷成本計量的其他金融資產虧損撥 備主要包括已抵押銀行存款、短期定期 存款、銀行結餘、其他應收款項及應收 關聯方款項，並按 12 個月預期信貸虧損 基準計量，且自初始確認以來信貸風險 並無明顯上升。 於二零一八年一月一日，金額為人民幣 1,966,000 元的額外信貸虧損撥備已自保 留盈利中確認。額外虧損撥備自相關資 產中扣除。