POST BALANCE SHEET EVENT

After the year end, the Group received donations totalling $1,147 million and $600 million from the Government's Eighth Matching Grant Scheme. The Group also secured over $500 million in new pledges.

集團於年底之後收到總額為十一億四千七百萬元的捐款及從政府第八期配對補助金計劃中獲得六億元款項。集團還獲得了超過五億元的 新增承諾捐款。

23. 主要會計估計及判斷 23.

物業、機器及設備之折舊及電腦軟件之攤銷

投資估值

The fair values of financial instruments traded in active markets are based on quoted bid prices at the balance sheet date. The fair values of financial instruments that are not traded in an active market are determined using established valuation techniques. The Group uses its judgement to select valuation methods and pricing sources to make assumptions that are mainly based on market conditions existing at the end of each reporting period.

在活躍市場買賣的金融工具之公平值根據結算 日的市場報價列賬。沒有活躍市場買賣的金融 工具，其公平值根據既定的估值技術釐定。本 集團利用判斷選取估值方法及定價來源，並主 要根據每個報告期末當時的市場情況作出假 設。

Depreciation of property, plant and equipment and amortisation of computer software

本集團以預計使用年限計算物業、機器及設備 之折舊及電腦軟件之攤銷。如原先估計之使用 年限未能與事實相符，管理層會修訂其折舊或 攤銷率。

CRITICAL ACCOUNTING ESTIMATES AND

JUDGEMENTS

In determining the carrying amounts of some assets and liabilities, the Group makes assumptions of the effects of uncertain future events on those assets and liabilities at the balance sheet date. These estimates involve assumptions about such items as risk adjustment to cash flows or discount rates used, future changes in salaries and future changes in prices affecting other costs. The Group's estimates and assumptions are based on historical experience and expectations of future events and are reviewed periodically. In addition to assumptions and estimations of future events, judgements are also made during the process of applying the Group's accounting policies.

The Group determines the estimated useful lives for related depreciation charges for property, plant and equipment and amortisation of computer software. Management will revise the depreciation or amortisation charges where useful lives are different to previously estimated.

在釐定部分資產和負債的賬面金額時，集團就 不確定的未來事件對於資產負債表日該等資產 和負債的影響作出了假設。這些估計涉及對現 金流量風險調整或貼現率、未來薪金變動和影 響其他成本的價格未來變動的假設。集團根據 過去的經驗和對未來事件的預計作出估計和假 設，並定期覆檢。除對未來事件的假設和估計 外，集團採用會計政策時亦需要作出判斷。

Valuation of investments

24. ^{主要會計政策} 24. PRINCIPAL ACCOUNTING POLICIES

24.1 採納新訂 / 經修訂香港財務報告準則 24.1 Adoption of new / revised HKFRS

─ 金融工具 ─ HKFRS 9

─ ─ HKFRS 15

截至2019年6月30日止年度，本集團已採用所 有經已於2018年1月1日或以後開始之年度期間 生效及與本集團營運有關之新訂及經修訂準 則及修訂。

For the year ended 30 June 2019, the Group has adopted all the new and revised standards and amendments to HKFRS that are effective for the accounting periods beginning on or after 1 January 2018 and relevant to the operations of the Group.

本集團已評估採納上述修訂後之影響，認為 無論對集團之業績及財務狀況或會計政策及 財務報表的呈列，均無任何重大影響，除下 列準則外:

The Group has assessed the impact of the adoption of these amendments and considered that there was no significant impact on the Group's results and financial position nor any substantial changes to the Group's accounting policies and presentation of the financial statements, except for the following standards:

香港財務報告準則第9號 Financial Instruments

採納此兩項準則之影響已列於附註26。 The effect on adoption of these two standards is summarised in note 26.

本集團於編製財務報表時所採用之主要會計 政策載列如下。除另有說明外，該等政策於 所有呈列之年度內一直貫徹採用。

The principal accounting policies applied in the preparation of the financial statements of the Group are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

香港財務報告準則第15號 Revenue from Contracts

with Customers 客戶合同收

入

24. ^{主要會計政策(續)} 24.

24.2 ^綜合基準 24.2 Basis of Consolidation

24.3 於聯營公司及合營安排之權益 24.3

PRINCIPAL ACCOUNTING POLICIES