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Annual Report 2015

二零一五年年報

85

Notes to the Financial Statements

財務報表附註

2 Accounting estimates and judgements

Key sources of estimation uncertainty in relation to the preparation of

these financial statements are as follows:

Goodwill

Note 15(b)

discloses management’s judgement in relation to the

identification of the Group’s E-commerce segment as the appropriate

cash generating unit for goodwill impairment assessment. Further to

that, management takes into consideration the projected volume and

activity level and cash flows of the E-commerce businesses, discounted

to present value at a risk-adjusted discount rate. These projections

are based on assumptions that take into consideration management’s

knowledge of the business environment and their judgement on future

performance. There is inherent uncertainty in the estimation process and

the underlying assumptions relating to the future, and accordingly actual

performance may differ significantly from the projection.

Investment in associates

The Group reviews internal and external sources of information at the

end of each reporting period of identify indications that the Group’s

interest in Guangdong Nanfang Haian Science & Technology Service

Company Limited (“Nanfang”), an associate of the Group

(Note 16)

, may

be impaired or an impairment loss previously recognised no longer exists

or may have decreased. The Group estimates the interest in Nanfang’s

recoverable amount when any such indication exists. The recoverable

amount of the interest in Nanfang, or of the cash-generating unit to

which it belongs, is the greater of its net selling price and value in use.

In assessing whether these is any impairment in the carrying value of the

Group’s interest in Nanfang, management may take into consideration

the projected volume and activity level, future growth rate, and cash flows

of the underlying business of Nanfang, discounted to present value at the

risk-adjusted discount rate. These projections are based on assumptions

that take into consideration management’s knowledge of Nanfang’s

business environment and their judgement on future performance and

underlying risks. There is inherent uncertainty in the estimation process

and the underlying assumptions relating to the future, and accordingly

actual performance may differ significantly from the projection.

3 Revenue

The principal activity of the Group is the provision of front-end

Government Electronic Trading Services (“GETS”) for processing certain

official trade-related documents. The principal activities of the subsidiaries

are set out in

Note 15

to the financial statements.

Revenue represents the value of services provided and goods supplied

to customers. The amount of each significant category of revenue

recognised during the year is disclosed in

Note 4

.

Details of concentrations of credit risk arising from customers are set out

in

Note 26(a)

.

2

會計估計及判斷

就編製此等財務報表而言,導致估計產生不確定性的

主要緣由如下:

商譽

附註

15(b)

載列管理層就確認本集團電子商貿分部為進

行商譽減值評估的合適現金產生單位時所作的判斷。

此外,管理層亦考慮到電子商貿業務的預測活動量與

水平以及現金流量,並已按風險調整貼現率貼現至現

值。上述預測乃基於若干假設而作出,有關假設乃根

據管理層對業務環境的認識及其對日後表現的判斷而

作出。由於估計的過程及有關未來的相關假設存在固

有的不確定性,因此實際表現與所預測者或會出現重

大差別。

於聯營公司的投資

本集團於每個報告期末審閱內部及外界所得資料,以

確定本集團所持聯營公司廣東南方海岸科技服務有限

公司(「南方」)權益

(附註

16

是否出現減值或先前已確

認的減值虧損不再存在或已經減少的跡象。倘出現有

關情況,本集團會估計所持南方權益的可收回金額。

所持南方的可收回金額(或所歸屬的現金產生單位)為

售價淨值與使用價值之較高者。於評估本集團於南方

的權益賬面值有否出現減值時,管理層亦考慮到南方

相關業務的預測活動量及水平、未來增長率以及現金

流量,並已按風險調整貼現率貼現至現值。有關預測

乃基於若干假設而作出,有關假設乃根據管理層對南

方的業務環境的認識以及其對日後表現與相關風險的

判斷而作出。由於估計的過程及有關未來的相關假設

存在固有的不確定性,因此實際表現與所預測者或會

出現重大差別。

3

收益

本集團的主要業務是提供處理若干政府貿易相關文件

的前端政府電子貿易服務(「

GETS

」)。附屬公司的主要

業務載於財務報表

附註

15

收益包括已為客戶提供服務及供應貨品的價值。年

內,已確認的各主要收益項目的金額載於

附註

4

來自客戶的集中信貸風險詳情載於

附註

26(a)