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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
1 SIGNIFICANT ACCOUNTING POLICIES (Continued)
(c) Changes in accounting policies (Continued)
HKFRS 9, Financial instruments (Continued)
(1)
Classification of financial assets and financial liabilities (Continued)
The following table shows the original measurement categories for each impacted class of the Group's financial assets under HKAS 39 and reconciles the carrying amounts of those financial assets
determined in accordance with HKAS 39 to those determined in accordance with HKFRS 9.
Financial assets classified as
available-for-sale under HKAS 39
(note)
Listed debt securities
Financial assets measured at FVOCI
(recycling) (note)
Listed debt securities
HKAS 39
carrying
amount at
31 December
2017
HK$'000
Reclassification
HK$'000
HKFRS 9 carrying amount at 1 January
2018
HK$'000
176,306
(176,306)
176,306
(176,306)
www.
176,306
176,306
176,306
176,306
Note: Under HKAS 39, debt securities not held for trading were classified as available-for-sale financial assets and measured at fair value. These debt securities are classified as at FVOCI (recycling) under HKFRS 9. The subsequent measurement and accounting policies do not materially differ from those adopted by the Group as at 31 December 2017.
The measurement categories for all financial liabilities remain the same. The carrying amounts for all financial liabilities at 1 January 2018 have not been impacted by the initial application of HKFRS 9.
Hong Kong Ferry (Holdings) Company Limited
Annual Report 2018
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