1997 — Page 41

iii)

固定資產(投資物業、待發展物業

及酒店物業除外)之折舊乃按下列

年率在估計可用年期內以直線法

撇銷其成本:-

土地

以租約所餘年期

攤銷

樓宇

以40年或租約所餘

年期 (取較短者)

攤銷

小輪及其他

船舶

8至30年

機器、傢俬及

其他固定資產

一乾船塢

40年

-其他

4至10年

1

HKF

Principal accounting policies (continued)

ii)

The carrying amounts of fixed assets carried at depreciated cost are reviewed periodically to determine whether they are in excess of their recoverable amounts. If the carrying amount

exceeds the recoverable amount, the asset is

written down to the recoverable amount. In

assessing the recoverable amount, the expected cash flows generated by the fixed assets are not discounted to their present

value.

!

iii)

Depreciation is provided at rates calculated to

write off the cost of fixed assets, other than

investment properties, properties held for

development and hotel properties, over their

estimated useful lives on a straight line basis

as follows : -

Land

Buildings

Ferry vessels and

other crafts

Machinery, furniture

and other fixed assets

- Dry dock

- Others

Over the unexpired terms

of the leases

40 years or over the

unexpired terms of the

leases, if shorter

8 to 30 years

40 years

4 to 10 years

(g) 存貨及在製品

i)

貿易存貨乃以成本及可變現淨值

兩者中較低者入帳。成本包括以

加權平均法計算的物料成本。可

變現淨值則參考貨物在結算日後

日常業務過程中出售所得之收入

釐定。

(g) Stocks and work in progress

i)

Trading stocks are stated at the lower of cost and net realisable value. Cost includes the

cost of materials computed using the weighted average method. Net realisable value is determined by reference to the sales proceeds of items sold in the ordinary course of business subsequent to the balance sheet

date.

ii)

後備零件及易耗品以成本,以加

權平均法計算,減任何陳舊撥備

入帳。

(ii)

Spare parts and consumables are stated at

cost, computed using the weighted average method, less any provision for obsolescence.

39