简明综合中期财务报表附注

SINGTAONEWSCORPORATIONLIMITEDInterimReport20055NotestotheCondensedConsolidatedInterimFinancialStatements1.1.1.1.1.ACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESThecondensedconsolidatedinterimfinancialstatementsarepreparedinaccordancewithHongKongAccountingStandard(“HKAS”)34“InterimFinancialReporting”.Theaccountingpoliciesandbasisofpreparationadoptedinthepreparationoftheinterimfinancialstatementsarethesameasthoseusedintheannualfinancialstatementsfortheyearended31December2004,exceptinrelationtothefollowingnewandrevisedHongKongFinancialReportingStandards(“HKFRSs”,whichalsoincludeHKASsandInterpretations)thataffecttheGroupandareadoptedforthefirsttimeforthecurrentperiod’sfinancialstatements:HKAS1PresentationofFinancialStatementsHKAS2InventoriesHKAS7CashFlowStatementsHKAS8AccountingPolicies,ChangesinAccountingEstimatesandErrorsHKAS10EventsaftertheBalanceSheetDateHKAS12IncomeTaxesHKAS16Property,PlantandEquipmentHKAS17LeasesHKAS18RevenueHKAS19EmployeeBenefitsHKAS21TheEffectsofChangesinForeignExchangeRatesHKAS23BorrowingCostsHKAS24RelatedPartyDisclosuresHKAS27ConsolidatedandSeparateFinancialStatementsHKAS28InvestmentsinAssociatesHKAS32FinancialInstruments:DisclosureandPresentationHKAS33EarningsperShare34127810121617181921232427283233SINGTAONEWSCORPORATIONLIMITEDInterimReport20056NotestotheCondensedConsolidatedInterimFinancialStatements1.1.1.1.1.ACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIES(continued)HKAS36ImpairmentofAssetsHKAS37Provisions,ContingentLiabilitiesandContingentAssetsHKAS38IntangibleAssetsHKAS39FinancialInstruments:RecognitionandMeasurementHKAS40InvestmentPropertyHKFRS2Share-basedPaymentHKFRS3BusinessCombinationsHK(SIC)-Int21IncomeTaxes–RecoveryofRevaluedNon-depreciableAssetsHK-Int4Leases–DeterminationoftheLengthofLeaseTerminrespectofHongKongLandLeasesTheadoptionofHKASs1,2,7,8,10,12,16,17,18,19,21,23,24,27,28,33,37,38,40,HK(SIC)-Int21andHK-Int4hashadnomaterialimpactontheaccountingpoliciesoftheGroupandthemethodsofcomputationintheGroup’scondensedconsolidatedfinancialstatements.TheimpactofadoptingtheotherHKFRSsissummarisedasfollows:(a)(a)(a)(a)(a)HKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsInpriorperiods,theGroupclassifieditsinvestmentsincertainequityanddebtsecuritiesaslongterminvestmentswhichwereheldfornon-tradingpurposesandwerestatedatcostlessanyimpairmentlosses.3637383940232141278101216171819212324272833373840214SINGTAONEWSCORPORATIONLIMITEDInterimReport20057NotestotheCondensedConsolidatedInterimFinancialStatements1.1.1.1.1.ACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIES(continued)(a)(a)(a)(a)(a)HKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstruments(continued)Available-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestments(continued)UpontheadoptionofHKASs32and39,thesesecuritiesareclassifiedasavailable-for-saleinvestments.Available-for-saleinvestmentsarethosenon-derivativeinvestmentsinlistedandunlistedequityanddebtsecuritiesthataredesignatedasavailable-for-saleorarenotclassifiedinanyoftheothercategoriesoffinancialassetsasdefinedinHKAS39.Afterinitialrecognition,available-for-saleinvestmentsaremeasuredatfairvaluewithgainsorlossesbeingrecognizedasaseparatecomponentofequityuntiltheinvestmentissold,collectedorotherwisedisposedoforuntiltheinvestmentisdeterminedtobeimpairedatwhichtimethecumulativegainorlosspreviouslyreportedinequityisincludedintheincomestatement.Thefairvalueofinvestmentsthatareactivelytradedinorganizedfinancialmarketsisdeterminedbyreferencetoquotedmarketbidpricesatthecloseofbusinessonthebalancesheetdate.Forinvestmentswherethereisnoactivemarket,fairvalueisdeterminedusingvaluationtechniques.Suchtechniquesincludeusingrecentarm’slengthmarkettransactions;referencetothecurrentmarketvalueofanotherinstrumentwhichissubstantiallythesame;anddiscountedcashflowanalysisandoptionpricingmodels.323939SINGTAONEWSCORPORATIONLIMITEDInterimReport20058NotestotheCondensedConsolidatedInterimFinancialStatements1.1.1.1.1.ACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIESACCOUNTINGPOLICIES(continued)(a)(a)(a)(a)(a)HKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstrumentsHKAS32andHKAS39–FinancialInstruments(continued)Available-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestmentsAvailable-for-saleinvestments(continued)Whenthefairvalueofunlistedequitysecuriti