Page 196 - 香港房屋協會 Hong Kong Housing Society Annual Report 2020/2021

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HONG KONG HOUSING SOCIETY ANNUAL REPORT 2020/21
2.4 Summary of significant accounting policies
(continued)
Foreign currencies
Transactions in currencies other than the functional currency of the Housing Society (foreign currencies) are initially recorded at the rates prevailing on the dates of the transactions. At the end of each reporting period, monetary items denominated in foreign currencies are retranslated at the rates prevailing on that date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the date when the fair value was measured. Non-monetary items that are measured in terms of historical cost in foreign currencies are not retranslated.
Exchange differences arising on the settlement of monetary items, and on the translation of monetary items, are recognised in the comprehensive income in the period in which they arise.
Segment reporting
Operating segments, and the amounts of each segment item reported in the financial statements, are identified from the financial information provided regularly to the Housing Society’s senior executive management for the purposes of allocating resources to, and assessing the performance of, the Housing Society’s various lines of business.
Individually material operating segments are not aggregated for financial reporting purposes unless the segments have similar economic characteristics and are similar in respect of the nature of products and services, the type or class of customers, the methods used to distribute the products or provide the services. Operating segments which are not individually material may be aggregated if they share a majority of these criteria.
2.4 主要會計政策概要(續) 外幣兌換
房 屋 協 會 的 非 功 能 貨 幣( 外 幣 )交 易 最 初 是按交易日的匯率換算入賬。於每年報 告期末，貨幣性項目以報告期末的匯率 再換算。以公允價值列賬的非貨幣性項 目，其貨幣換算是以決定其公允價值日 的匯率計算，而其他非貨幣性項目則以 歷史成本列賬及無須重新再換算。
由貨幣性項目結賬時或因換算貨幣性項 目所產生對換差額，均於產生期內記入 全面收益內確認。
分部報告
營運分部及本財務報告所呈報之每個分 部項目之款項，於定期向房屋協會最高 級管理層提供之財務資料中識別。高級 管理層根據該等資料分配資源予房屋協 會不同業務以及評估該等業務之表現。
就財務呈報而言，個別重大營運分部不 會累積計算，惟分部間有類似經濟特點 及在產品及服務性質、客戶種類或類 別、用作分銷產品或提供服務之方法相 類似者則除外。倘若並非個別重大之經 營分部符合大部份此等準則，則該等經 營分部可被合併計算。