Financial Report 2021

Notes to the Consolidated Financial Statements 合併財務報表附註 The University of Hong Kong 香港大學 21 主要會計政策－續 (b) 合併賬目－續 (i) 業務合併－續 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。 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。 1. PRINCIPAL ACCOUNTING POLICIES – Cont’d (b) Consolidation – Cont’d (i) Business combinations – Cont’d 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. 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 i ncome . Con t i ngen t cons i de r a t i on t ha t i s 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 d i r ec t l y i n t he conso l i da t ed s t a t emen t o f comprehensive income. Inter-company transactions, balances, income and expenses on transactions between group companies are eliminated. Profits and losses resulting from inter-company transaction that are recognised in assets are also eliminated. Accounting policies of a subsidiary have been changed where necessary to ensure consistency with the policies adopted by the Group. Notes to the Consolidated Financial Statements 合併財務報表附註 2021 Financial Report 二零二一財務報告 22 主要會計政策－續 (b) 合併賬目－續 (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。 (iii) 出售附屬公司 當本機構不再持有控制權，在主體 的任何保留權益於失去控制權當日 重新計量至公平值，賬面值的變動 在合併綜合收益表中確認。公平值 為就保留權益的後續入賬而言的初 始賬面值，作為聯營、合營或財務 資產。此外，之前在其他綜合收益 中確認的任何數額猶如本機構已直 接處置相關資產和負債。這意味著 之前在其他綜合收益中確認的數額 會重新分類至合併綜合收益表或根 據適用的香港財務報告準則轉移至 另一類權益。 (iv) 單獨財務報表 在本大學之財務狀況表內，附屬公 司之投資以成本值扣除減值虧損撥 備入賬。成本經調整以反映修改或 有對價所產生的對價變動。成本亦 包括投資的直接歸屬成本。本大學 將附屬公司之業績按已收及應收分 派入賬。 1. PRINCIPAL ACCOUNTING POLICIES – Cont’d (b) Consolidation – Cont’d (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 wi t h t he owne r s o f t he subs i d i a r y i n t he i r 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. (iii) Disposal of subsidiaries When the Group ceases to have control, any retained interest in the entity is remeasured to its fair value at the date when control is lost, with the change in carrying amount recognised in the consolidated statement of comprehensive income. The fair value is the initial carrying amoun t f or t he pu rposes o f subsequen t l y accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts previously recognised in other comprehensive income in respect of that entity are accounted for as if the Group had directly disposed of the related assets or liabilities. It means that amounts previously recognised in other comprehensive income are reclassified to the consolidated statement of comprehensive income or transferred to another category of equity as specified/permitted by applicable HKFRSs. (iv) Separate financial statements In the University’s statement of financial position, investments in subsidiaries are accounted for at cost less impairment. Cost is adjusted to reflect changes in consideration arising from contingent consideration amendments. Cost also includes directly attributable costs of investment. The results of subsidiaries are accounted for by the University on the basis of dividend received and receivable.