Page 116 - P3951_HA_AR14-15_Final Full Set_Chi_20160111_4pm
P. 116
Independent Auditor’s Report and Audited Financial Statements
獨立核數師報告及經審查的財務報表
Notes to the Financial Statements 財務報表附註
3. Financial risk management (Continued) 3. （續）
(a) Financial risk factors (Continued) (a) 財務風險因素（續）
(iii) Price risk (iii) 價格風險
Fixed income instruments are subject to the price risk caused by 因發行商的認知信貸風險 ( 附註 3(a)(i)) 及市場利
the changes in the perceived credit risks of the issuers and market 率 ( 附註 3(a)(ii)) 的變動 , 固定入息工具受價格風
interest rates as disclosed in note 3(a)(i) and note 3(a)(ii)
respectively. 險影響。
(iv) Currency risk (iv) 貨幣風險
The Group’s financial assets and liabilities are substantially 集團財務資產及負債大體上都以港元為單位，
denominated in Hong Kong dollar, the Group’s functional and 即集團的功能及呈列貨幣，故沒有重大的貨幣
presentation currency, and hence will not be exposed to significant 風險。
currency risk.
(b) Fair values estimation (b) 公允價值估計
(i) Financial assets carried at fair values (i) 按公允價值列賬的財務資產
The Group’s financial instruments that are measured at fair value are 集團以公允價值計量的金融工具按以下公允
categorised by level of the following fair value measurement 價值的計量架構進行分類：
hierarchy:
Level 1 – Quoted prices (unadjusted) in active markets for 第一層 － 相同資產或負債於活躍市場之報價
identical assets or liabilities. （未經調整）。
Level 2 – Inputs other than quoted prices included within level 1 第二層 － 除了第一層所包括的報價以外，該資
that are observable for the asset or liability, either directly 產或負債的可觀察的其他輸入，可為
(that is, as prices) or indirectly (that is, derived from 直接（即價格）或間接（即源自價格）。
prices).
Level 3 – Inputs for the asset or liability that are not based on 第三層 － 資產或負債並不是根據可觀察市場數
observable market data (that is, unobservable inputs). 據的輸入（即不可觀察輸入）。
The fair value of financial instruments traded in active markets is 在活躍市場交易的金融工具的公允價值根據報
based on quoted market prices at the reporting date. A market is 告日的市場報價列賬。當報價可即時和定期從
regarded as active if quoted prices are readily and regularly 證劵交易市場、交易商、經紀、業內人士、報
available from an exchange, dealer, broker, industry group, pricing 價服務機構或監管代理獲得，而該等報價代表
service, or regulatory agency, and those prices represent actual and 按公平交易基準進行的真實和常規市場交易，
regularly occurring market transactions on an arm’s length basis. 該市場被視為活躍。這些工具屬於第一層。醫
These instruments are included in level 1. None of the instruments 管局並無屬於第一層的工具。
of the Group is included in level 1.
The fair value of financial instruments that are not traded in an 沒有在活躍市場交易的金融工具（例如場外衍生
active market (for example, over-the-counter derivatives) is 工具）的公允價值利用估值技術釐定。估值技術
determined by using valuation techniques. These valuation 盡量利用可觀察市場數據（如有），盡量少依賴
techniques maximise the use of observable market data where it is 主體的特定估計。如計算一項金融工具公允價
available and rely as little as possible on entity specific estimates. If 值所需的所有重大輸入為可觀察數據，這些工
all significant inputs required to fair value an instrument are 具屬於第二層。醫管局並無屬於第二層的工具。
observable, the instrument is included in level 2. None of the
instruments of the Group is included in level 2.
2014-2015 113 
