Annual Report 2023

Notes to the Consolidated Financial Statements 綜合財務報表附註 FOR THE YEAR ENDED 31 DECEMBER 2023 截至二零二三年十二月三十一日止年度 166 Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2023 3. BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND MATERIAL ACCOUNTING POLICY INFORMATION (Continued) 3.2Ma t er i a l account i ng po l i cy i n forma t i on (Continued) Employee Benefits Retirement benefit costs Payments to defined contribution retirement benefit schemes are recognised as an expense when employees have rendered service entitling them to the contributions. Short-term and other long-term employee benefits Short-term employee benefits are recognised at the undiscounted amount of the benefits expected to be paid as and when employees rendered the services. All short- term employee benefits are recognised as an expense unless another HKFRS requires or permits the inclusion of the benefit in the cost of an asset. A liability is recognised for benefits accruing to employees (such as wages and salaries and annual leave) after deducting any amount already paid. Liabilities recognised in respect of other long-term employee benefits are measured at the present value of the estimated future cash outflows expected to be made by the Group in respect of services provided by employees up to the reporting date. Any changes in the liabilities’ carrying amounts resulting from service cost, interest and remeasurements are recognised in profit or loss except to the extent that another HKFRS requires or permits their inclusion in the cost of an asset. 3. 綜合財務報表之編製基準及 重大會計政策資料（續） 3.2 重大會計政策資料（續） 僱員福利 退休福利成本 界定供款的退休福利計劃供款於僱員 提供服務而有權獲得供款時確認為開 支。 短期及其他長期僱員福利 短期僱員福利於僱員提供服務時於預 期支付的未折現福利金額中確認。除 非有另一香港財務報告準則規定或准 許短期僱員福利包含於資產成本福利 內，否則所有短期僱員福利均確認為 開支。 僱員應計福利（例如工資和薪金以及年 假）於扣減任何已付金額後確認為負 債。 就其他長期僱員福利確認的負債按本 集團就僱員直至報告日期所提供服務 預計將作出的估計未來現金流出的現 值計量。因服務成本、利息及重新計 量而引致的負債賬面值的任何變動均 於損益中確認，除非另有香港財務 報告準則要求或允許將其計入資產成 本，則另作別論。