Financial Report 2020

111 The University of Hong Kong 香港大學 Notes to the Consolidated Financial Statements 合併財務報表附註 (i) 財務風險因素 － 續 (3) 流動資金風險 － 續 下表根據資產負債表日至合同 到期日的剩餘期間，將本機構 的財務負債（包括本金和利息） 分析為相關的到期類別。表中 披露的金額為合同未折現現金 流量。 38. FINANCIAL RISK MANAGEMENT – Cont’d 財務風險管理 － 續 (i) Financial risk factors – Cont’d (3) Liquidity risk – Cont’d The table below analyses the Group’s financial liabilities, including both principal and interest, into relevant maturity groupings based on the remaining period at the date of statement of financial position to the contractual maturity date. The amounts disclosed in the table are the contractual undiscounted cash flows. (Expressed in thousands of Hong Kong dollars) （以港幣千元列賬） Within 1 year or on demand Between 1 and 2 years Between 2 and 5 years Over 5 years Total contractual cash flows Carrying amount 少於一年 或接獲 通知時 一至二年內 二至五年內 多於五年 合約性的 現金流量 總額 賬面價值 Group 機構 At 30 June 2020 於二零二零年六月三十日 Accounts payable and accruals (excluding receipt in advance and contract liabilities) 應付賬項及應計項目 （已收墊款及合約負債附外） 2,515,328 42,353 – – 2,557,681 2,557,681 Amount due to a Joint Venture 合營企業之應付款項 2,047 – – – 2,047 2,047 Loans and Borrowings 貸款及借款 77,550 – 45,363 49,645 172,558 172,558 Lease Liabilities 租賃負債 86,237 73,941 78,236 36,800 275,214 256,464 2,681,162 116,294 123,599 86,445 3,007,500 2,988,750 At 30 June 2019 於二零一九年六月三十日 Accounts payable and accruals (excluding receipt in advance and contract liabilities) 應付賬項及應計項目 （已收墊款及合約負債附外） 2,350,244 7,464 – – 2,357,708 2,357,708 Amount due to a Joint Venture 合營企業之應付款項 2,080 – – – 2,080 2,080 Loans and Borrowings 貸款及借款 105,516 16,476 41,299 37,233 200,524 200,524 2,457,840 23,940 41,299 37,233 2,560,312 2,560,312 University 大學 At 30 June 2020 於二零二零年六月三十日 Accounts payable and accruals (excluding receipt in advance and contract liabilities) 應付賬項及應計項目 （已收墊款及合約負債附外） 2,354,608 42,353 – – 2,396,961 2,396,961 Amount due to a Joint Venture 合營企業之應付款項 2,047 – – – 2,047 2,047 Loans and Borrowings 貸款及借款 77,550 – 45,363 49,645 172,558 172,558 Lease Liabilities 租賃負債 43,484 44,122 59,036 – 146,642 141,797 2,477,689 86,475 104,399 49,645 2,718,208 2,713,363 At 30 June 2019 於二零一九年六月三十日 Accounts payable and accruals (excluding receipt in advance and contract liabilities) 應付賬項及應計項目 （已收墊款及合約負債附外） 2,186,642 7,464 – – 2,194,106 2,194,106 Amount due to a Joint Venture 合營企業之應付款項 2,080 – – – 2,080 2,080 Loans and Borrowings 貸款及借款 105,516 16,476 41,299 37,233 200,524 200,524 2,294,238 23,940 41,299 37,233 2,396,710 2,396,710 Notes to the Consolidated Financial Statements 合併財務報表附註 2020 Financial Report 二零二零財務報告 112 (ii) 公平值估計 下表根據在評估公允價值的估值技 術中所運用到的輸入的層級，分析 本機構於二零二零年六月三十日按 公允價值入賬的金融工具。這些輸 入按照公允價值層級歸類為三層： 級別 1 ： 相同金融工具在活躍市 場的報價（未經調整）。 級別 2 ： 除了第一層所包括的報 價外，該資產或負債的 可觀察數據的其他輸入， 可為直接（即例如價格） 或間接（即源自價格）。 級別 3 ： 資產和負債並非依據可 觀察市場數據的輸入（即 非可觀察輸入）。 在活躍市場買賣的金融工具的公平 價值根據每個報告期末的市場報價 列賬。當報價可即時和定期從證券 交易所、交易商、經紀、業內人 士、定價服務者或監管代理獲得， 而該等報價代表按公平交易基準進 行的實際和常規市場交易時，有關 市場被視為活躍。本機構持有的金 融資產的市場報價為當時買方報 價。此等工具並包括在第 1 級別。 沒有在活躍市場買賣的金融工具（例 如場外衍生工具）的公允價值利用 估值技術釐定。估值技術儘量利用 可觀察市場數據（如有），儘量少依 賴主體的特定估計。如計算金融工 具的公允價值所需的所有重要輸入 為可觀察數據，則該金融工具列入 第 2 級別。 如一項或多項重大輸入並非根據可 觀察市場數據，則該金融工具列入 第 3 級別。 38. FINANCIAL RISK MANAGEMENT – Cont’d 財務風險管理 － 續 (ii) Fair value estimation The table below analyses the Group’s financial instruments carried at fair value as at 30 June 2020 by level of inputs to valuation techniques used to measure fair value. Such inputs are categorised into three levels within a fair value hierarchy as follows: Level 1: Quoted prices (unadjusted) in active markets for identical financial instruments. Level 2: Inputs other than quoted prices included within level 1, that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices). Level 3: Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs). The fair values of financial instruments traded in active markets are based on quoted market prices at the end of each reporting period . A market is regarded as active if quoted prices are readily and regularly available from an exchange, dealer, broker, industry group, pricing service, or regulatory agency, and those prices represent actual and regularly occurring market transactions on an arm’s length basis. The quoted market price used for financial assets held by the Group is the current bid prices. These instruments are included in level 1. The fair value of financial instruments that are not traded in an active market (for example, over-the-counter derivatives) is determined by using valuation techniques. These valuation techniques maximise the use of observable market data where it is available and rely as little as possible on entity specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included in level 2. If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3.