Financial Report 2019

Notes to the Consolidated Financial Statements 合併財務報表附註 The University of Hong Kong 香港大學 45 1. PRINCIPAL ACCOUNTING POLICIES – Cont’d (u) Employee Benefits – Cont’d (ii) Retirement scheme obligations – Cont’d For defined benefit plans, the liability recognised in the statement of financial position in respect of defined benefit pension plans is the present value of the defined benefit obligation at the end of the reporting period less the fair value of plan assets. The defined benefit obligation is calculated annually by independent actuaries using the projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated future cash outflows using the yield of Exchange Fund Notes which have terms to maturity approximating the terms of the related pension obligation. Actuarial gains and losses arising from experience adjustments and changes in actuarial assumptions are charged or credited to equity in other comprehensive income in the period in which they arise. Past service costs are recognised as an expense immediately. (v) Capital Commitments Expenditure on major contracts for capital projects is accounted for on an accruals basis and includes amounts of completed works certified by the respective authority under the contract. No provisions are made f or ot he r ou t s t and i ng con t r ac t commi tmen t s as summarised in Note 31 to the financial statements. (w) Deferred Capital Funds Deferred Capital Funds represent funds received and receivable by the University but earmarked for the purchase of property, plant and equipment or construction of buildings. These funds are recognised as i ncome to the Un i ver s i t y i n the conso l i da t ed statement of comprehensive income on a straight- line basis over the estimated useful lives of the related assets. 1. 主要會計政策－續 (u) 僱員福利 －續 (ii) 退休計劃責任－續 就界定福利計劃而言，在財務 狀況表內就有關設定受益退休 金計劃而確認的責任，為報告 期末的設定受益債務的現值減 計劃資產的公允價值。設定受 益責任每年由獨立精算師利用 預計單位貸記法計算。設定受 益責任的現值利用將用以到期 日與有關的退休負債的年期近 似的外匯基金票據之收益率， 將估計未來現金流出量貼現計 算。根據經驗而調整的精算利 得和損失以及精算假設的變 動，在產生期間內透過其他綜 合收益在權益中扣除或貸記。 過往服務成本即時在收益表中 支銷。 (v) 資本承擔 重大基建項目合約之開支乃以應計 基準列賬，包括由合約規定之相應 主管機構所證明之已完成工程款 項。在財務報表中的附註 31 所概述 之其他未履行合約承擔並無入賬。 (w) 遞延資本基金 遞延資本基金指大學已收取及可收 取的特定用於購置物業、機器及設 備或興建校舍之款項。這資本基金 按有關資產的估計可用年期以直線 法入賬於合併綜合收益表。 Notes to the Consolidated Financial Statements 合併財務報表附註 2019 Financial Report 二零一九財務報告 46 2. GOVERNMENT SUBVENTIONS 政府補助撥款 (Expressed in thousands of Hong Kong dollars) （以港幣千元列賬） 2019 2018 Group 機構 Subventions from UGC 教資會補助撥款 Block Grants and Non-accountable Supplementary Grants 整體補助金及非實報實銷 補充撥款 3,704,551 3,678,448 Adjustments and Other Grants 調整及其他撥款 713,359 609,751 4,417,910 4,288,199 Earmarked Grants 指定補助金 Enhancement of the Joint Institutions Job Information System 八大院校組成的大學聯校就 業資料數據庫之系統提昇 – 564 Funding Schemes for Collaborative Language Related Initiatives 語文資助計劃 – 157 Funding Schemes for Teaching and Learning Related Initiatives (2016-19 Triennium and 2012-15 Triennium) 教與學資助計劃 （ 2016-19 三年期及 2012-15 三年期） 9,268 8,379 Grant for Other Housing-related Expenses 其他與房屋有關支出之補助 金 6,521 12,022 Home Financing Scheme 居所資助計劃 1,145 1,567 Implementation Tasks in relation to the Statement of Recommended Practice for UGC-funded Institutions and Cost Allocation Guidelines 實施教資會資助院校的建議 準則及成本分攤指引 834 3,737 Knowledge Transfer 知識轉移 14,797 15,998 Language Immersion Programmes 語文沉浸課程 3,511 3,060 Research 科研 301,561 294,712 Special Grants to Enhance the Support for Students with Special Education Needs 有特殊教育需要學生的額外 學習開支助學金 1,097 376 Other Earmarked Grants 其他指定補助金 836 504 339,570 341,076 Rates and Government Rent Refund 退還差餉及地租 73,626 75,854 Capital Grants and Alterations, Additions and Improvements (“AA&I”) Block Allocation 基建補助金與改建、加建及 改善工程整體撥款 149,649 152,943 4,980,755 4,858,072 Matching Grants (Note a) 配對補助金（附註 a ） 58 1,090 Grants from Government Agencies and Related Organisations (Notes b and c) 自政府機構及有關組織 獲取之補助金（附註 b 及 c ） 323,713 329,532 5,304,526 5,188,694