Financial Report 2020

23 The University of Hong Kong 香港大學 Notes to the Consolidated Financial Statements 合併財務報表附註 1. 主要會計政策 — 續 (b) 會計政策變動 — 續 (v) 出租人會計 由於採納香港財務報告準則第 16 號，本機構無需對經營租 賃作為出租人持有的資產進行 任何會計調整。 (c) 合併賬目 合併財務報表包括本大學及其附屬 公司截至六月三十日止之賬目。 附屬公司指本機構對其具有控制權 的主體。當本機構因為參與該主體 而承擔可變回報的風險或享有可變 回報的權益，並有能力透過其對該 主體的權力影響此等回報時，本機 構即控制該主體。附屬公司在控制 權轉移至本機構之日合併入賬。附 屬公司在控制權終止之日起停止合 併入賬。 (i) 業務合併 本機構採用會計收購法計算業 務合併。收購附屬公司之轉讓 代價為所轉讓資產、對被收購 方的前所有人產生或承擔的負 債及本機構所發行股本權益之 公平值。所轉讓代價包括或然 代價安排產生之任何資產或負 債之公平值。收購相關成本於 產生時列為開支。於業務合併 時所收購之可識別資產及所承 擔之負債及或然負債，初步按 收購日之公平值計量。按逐項 收購基準，本機構可按公平值 或按非控制性權益應佔被購買 方可辨認資產淨值的比例，計 量被收購入非控制性權益。 如業務合併分階段進行，收購 方先前在被收購方持有權益於 收購日期的賬面值，按收購日 期的公平值重新計量，重新計 量產生的任何盈虧在合併綜合 收益表入賬。 1. PRINCIPAL ACCOUNTING POLICIES — Cont’d (b) Changes in accounting policies — Cont’d (v) Lessor accounting The Group did not need to make any adjustments to the accounting for assets held as lessor under operating leases as a result of the adoption of HKFRS 16. (c) Consolidation The consolidated financial statements include the financial statements of the University and its subsidiaries made up to 30 June. A subsidiary is an entity over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiaries are consolidated from the date on which con t r o l i s t r ans f e r r ed t o t he Gr oup . They a r e deconsolidated from the date that control ceases. (i) Business combinations The Group applies the acquisition method to a c coun t f o r bu s i ne s s comb i na t i on s . The consideration transferred for the acquisition of a subs i d i a r y i s t he f a i r va l ues o f t he asse t s transferred, the liabilities incurred or assumed to the former owners of the acquiree and the equity instruments issued by the Group. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. The Group recognises any non-controlling interest in the acquiree, on an acquisition-by-acquisition basis, either at fair value or at the non-controlling interest’s proportionate share of the recognised amounts of acquiree’s identifiable net assets. If the business combination is achieved in stages, the acquisition date carrying value of the acquirer’s previously held equity interest in the acquiree is remeasured to fair value at the acquisition date; any gains or losses arising from such re-measurement are recognised in the consolidated statement of comprehensive income. 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 24 1. 主要會計政策 — 續 (c) 合併賬目 — 續 (i) 業務合併 — 續 本機構將轉讓的任何或然對價 按收購日期的公平值計量。被 視為資產或負債的或然對價公 平值的其後變動，根據香港財 務報告準則第 9 號的規定，在 合併綜合收益表或作為其他綜 合收益的變動確認。分類為權 益的或然對價不重新計量，其 之後的結算在權益中入賬。 所轉讓對價、被收購方的任何 非控制性權益數額，及在被收 購方之前任何權益在收購日期 的公允價值，超過購入可辨識 淨資產公允價值的數額記錄為 商譽。如所轉讓對價、確認的 任何非控制性權益及之前持有 的權益計量，低于購入子公司 淨資產的公允價值，則將該數 額直接在合併綜合收益表中確 認。 機構內公司之間的交易、結餘 及交易的未變現利得予以對 銷。未變現損失亦予以對銷。 附屬公司報告的數額已按需要 作出改變，以確保與本機構採 用的政策符合一致。 (ii) 不導致失去控制權的附屬公司 權益變動 本機構將其與非控制性權益進 行、不導致失去控制權的交易 入賬為權益交易 — 即與子公 司所有者以其作所有者身份進 行的交易。所支付任何對價的 公平值與相關應佔所收購附屬 公司淨資產賬面值的差額記錄 為權益。向非控制性權益的處 置的盈虧亦記錄在權益中。 1. PRINCIPAL ACCOUNTING POLICIES — Cont’d (c) Consolidation — Cont’d (i) Business combinations — Cont’d Any contingent consideration to be transferred by the Group is recognised at fair value at the acquisition date. Subsequent changes to the fair value of the contingent consideration that is deemed to be an asset or liability is recognised in accordance with HKFRS 9 either in the consolidated statement of comprehensive income or as a change to other comprehensive income. Contingent consideration that is classified as equity is not remeasured, and its subsequent settlement is accounted for within equity. The excess of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previous equity interest in the acquiree over the fair value of the identifiable net assets acquired is recorded as goodwill. If the total of consideration transferred, non-controlling interest recognised and previously held interest measured is less than the fair value of the net assets of the subsidiary acquired in the case of a bargain purchase, the difference is recognised directly in the consolidated statement of comprehensive income. Inter-company transactions, balances, income and expenses on t r ansac t i ons be tween g r oup companies are eliminated. Profits and losses resulting from inter-company transaction that are r ecogn i sed i n asse t s a r e a l so e l imi na t ed . Accounting policies of a subsidiary have been changed where necessary to ensure consistency with the policies adopted by the Group. (ii) Changes in ownership interests in subsidiaries without change of control Transactions with non-controlling interests that do not result in loss of control are accounted for as equity transactions — that is, as transactions with the owners of the subsidiary in their capacity as owners. The difference between fair value of any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity.