Annual Report 2021

276 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2021 Notes to the Consolidated Financial Statements 綜合財務報表附註 FOR THE YEAR ENDED 31 DECEMBER 2021 截至二零二一年十二月三十一日止年度 36. FINANCIAL INSTRUMENTS (Continued) b. Financial risk management objectives and policies (Continued) Interest rate benchmark reform (Continued) Risks arising from the interest rate benchmark reform (Continued) Interest rate basis risk Interest rate basis risk may arise if a non-derivative instrument and the derivative instrument held to manage the interest risk on the non-derivative instrument transition to alternative benchmark rates at different times. This risk may also arise where back-to-back derivatives transition at different times. The Group will monitor this risk against its risk management policy which has been updated to allow for temporary mismatches of up to 12 months and transact additional basis interest rate swaps if required. The Group anticipates it will have no material impact on the consolidated financial statements in the future. c. Fa i r v a l ue mea su r emen t s o f f i nanc i a l instruments This note provides information about how the Group determines fair values of various financial assets and financial liabilities. The Directors of the Company consider that the carrying amounts of financial assets and financial liabilities measured at amortised cost in the consolidated financial statements approximate their fair values. 36. 金融工具（續） b. 財務風險管理目標及政策（續） 利率基準改革（續） 利率基準改革產生的風險（續） 利率基準風險 倘非衍生工具及為管理非衍生工具利 率風險而持有的衍生工具在不同時間 轉換為替代基準利率，則可能會產生 利率基準風險。該風險亦可能在背對 背衍生品在不同時間轉換的情況下出 現。本集團將根據已更新風險管理政 策監控該風險，以允許長達 12 個月的 臨時錯配，並在需要時進行額外的基 準利率掉期交易。本集團預測此舉未 來將不會對綜合財務報表產生重大影 響。 c. 金融工具的公允值計量 本附註提供有關本集團如何釐定不同 金融資產及金融負債公允值的資料。 本公司董事認為，在綜合財務報表中 按攤銷成本計量的金融資產及金融負 債的賬面值與其公允值相若。