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3 Significant accounting policies
(continued)
(c) Revenue recognition
(continued)
Rental income receivable under operating leases is recognised
in the statement of comprehensive income in equal
instalments over the accounting periods covered by the lease
term, except where an alternative basis is more representative
of the pattern of benefits to be derived from the use of the
leased asset. Lease incentives granted are recognised as an
integral part of the aggregate net lease payments receivable.
Contingent rentals are recognised as income in the accounting
period in which they are earned.
Management fee income is recognised when services
are rendered.
Interest income is recognised as it accrues using the effective
interest method.
Dividend income from unlisted investments is recognised
when the shareholder’s right to receive payment is
established. Dividend income from listed investments is
recognised when the share price of the investment goes
ex-dividend.
(d) Investment properties
Investment properties are carried at cost less subsequent
accumulated depreciation and impairment losses.
No depreciation is provided for investment properties under
development until such asset is ready for its intended use.
Depreciation on completed properties is provided to write off
the cost of the properties over the estimated useful lives, using
the straight-line method at the following rates per annum:
Leasehold land Over the unexpired period of the land lease
Buildings
Over the estimated economic useful
lives of 40 to 60 years or the unexpired
period of the land lease, whichever
is the shorter
3
主要會計政策
（續）
(c)
收入確認
（續）
經營租賃的應收租金收入在租賃期
所涵蓋的會計期間內，以等額在全
面收益表確認；但如有其他基準能
更清楚地反映租賃資產所產生的收
益模式則除外。經營租賃協議所涉
及的激勵措施均確認為應收租賃淨
付款總額的組成部分。或然租金在
其產生的會計期間內確認為收入。
管理費收入於服務提供時確認
入賬。
利息收入按實際利率法以應計準則
予以確認。
非上市投資的股息收入在股東收取
款項的權利獲確立時予以確認。上
市投資的股息收入在投資項目的股
價除息時確認。
(d)
投資物業
投資物業乃按原值減去其後累計折
舊及減值損失列出。
除發展中的投資物業已達到可作其
預計用途外，這些物業是不提折
舊。竣工物業折舊乃將物業的價值
以直線方法按其估計可使用年期，
依照下列折舊年率撇除：
批租土地 地契所剩餘年期
樓宇 按估計可使用年期（即
四十至六十年）或該
樓宇的地契所剩餘
年期二者的較短者
Hong Kong Housing Society Annual Report 2016
118
Notes to the Financial Statements
財務報表附註
FINANCIAL STATEMENTS
財務報表