143 / 159
Annual Report 2016
二零一六年年報
141
Notes to the Financial Statements
財務報表附註
26 Financial risk management and fair values
(continued)
(e) Fair value measurement
HKFRS 13, Fair value measurement categorises fair value
measurements into a three-level hierarchy. The level into which a
fair value measurement is classified is determined with reference to
the observability and significance of the inputs used in the valuation
technique as follows:
• Level 1 valuations: Fair value measured using only Level 1
inputs i.e. unadjusted quoted prices in active markets for
identical assets or liabilities at the measurement date
• Level 2 valuations: Fair value measured using Level 2 inputs
i.e. observable inputs which fail to meet Level 1, and not using
significant unobservable inputs. Unobservable inputs are inputs
for which market data are not available
• Level 3 valuations: Fair value measured using significant
unobservable inputs
At 31 December 2016, the available-for-sale debt securities held
by the Group are carried at their fair value (see
Note 18
). These
instruments fall into Level 1 of the fair value hierarchy described
above.
During the years ended 31 December 2015 and 2016, there were no
transfers between levels of fair value hierarchy. The Group’s policy is
to recognise transfers between levels of fair value hierarchy as at the
end of the reporting period in which they occur.
All other financial assets and liabilities are carried at amounts not
materially different from their fair values as at 31 December 2016
and 2015.
26
財務風險管理及公允價值（續）
(e)
公允價值計量
《香港財務報告準則》第
13
號，公允價值計量將公
允價值計量分為三個等級。公允價值計量等級分
類乃參考以下估值方法所用輸入數據的可觀察性
及重要性釐定：
•
第一級估值：僅使用第一級輸入數據（即於
計量日相同資產或負債於活躍市場的未經調
整報價）計量的公允價值
•
第二級估值：使用第二級輸入數據（即未能
達到第一級的可觀察輸入數據）且並未使用
重大不可觀察輸入數據計量的公允價值。不
可觀察輸入數據為無市場數據的輸入數據
•
第三級估值：使用重大不可觀察輸入數據計
量的公允價值
於二零一六年十二月三十一日，本集團持有的可
供出售債務證券乃按公允價值列賬（見
附註
18
）。
有關金融工具屬上述公允價值層級的第一級。
截至二零一五年及二零一六年十二月三十一日止
年度，公允價值等級間並無轉換。本集團的政策
為於公允價值等級之間發生轉換的報告期末確認
轉換。
於二零一六年及二零一五年十二月三十一日，所
有其他財務資產及負債的入賬金額與其公允價值
並無重大分別。