PDF《截至2012年8月31日止12个月第二次中期业绩公告》

s Republic of China (the PRC ), has held approximately 34% of the issued share capital of the Company. In view of the fact that the principal operating subsidiaries of the Company established in the PRC are statutorily required to have their financial year end date set at

31 December, pursuant to a resolution of the board of directors dated

10 August 2012, the financial year of the Company (together with its subsidiaries collectively referred to as the Group ) has been changed from

31 August to

31 December. Accordingly, these condensed consolidated financial statements now presented cover a period of twelve months from

1 September

2011 to

31 August 2012. The comparative figures presented for the condensed consolidated income statement, condensed consolidated statement of comprehensive income and related notes cover the financial year from

1 September

2010 to

31 August 2011. 2. PRINCIPAL ACCOUNTING POLICIES The condensed consolidated financial statements have been prepared on the historical cost basis except for certain financial instruments, which are measured at fair value. The accounting policies and methods of computation used in the condensed consolidated financial statements for the twelve months ended

31 August

2012 are the same as those followed in the preparation of the Group'

s annual financial statements for the financial year ended

31 August

2011 except for the accounting policy for prepayments for and rights under life insurance policies newly adopted by the Group which has been disclosed below. 附注 1. 编制基准 本简明综合财务报表乃根愀哿辖灰姿邢 公司证券上市规则 ( 「上市规则」 ) 附录16之适用披 露规定及按照香港会计师公会 ( 「香港会计师公会」 ) 颁布之香港会计准则 ( 「香港会计准则」 ) 第34号 「中 期财务申报」 而编制. 自2012年6月6日起,於中华人民共和国 ( 「中国」 ) 注 册成立之中国中纺集团公司 ( 「中纺」 ) 已持有本公 司已发行股本约34%.由於本公司在中国成立之主 要营业附属公司的法定财政年度结算日均为12月31 日,根掌谖2012年8月10日之董事会决议案, 本公司 (连同其附属公司,统称为 「本集团」 ) 之财 政年度已由8月31日更改为12月31日.因此,现时 所呈列之该等简明综合财务报表涵盖由2011年9月 1日起至2012年8月31日止12个月.而简明综合收益 表、简明综合全面收益表所呈列之比较数字以及 相关附注涵盖由2010年9月1日起至2011年8月31日 止之财政年度. 2. 主要会计政策 本简明综合财务报表 (除部份金融工具以公平价值 列出外) 乃按历史成本基准编制. 截至2012年8月31日止12个月之简明综合财务报表 所采用之会计政策及计算方法与编制本集团截至 2011年8月31日止财政年度之全年财务报表所遵循 者相同,惟下文所述本集团就人寿保险保单预付 款项及权利新采纳之会计政策除外.

6 2. PRINCIPAL ACCOUNTING POLICIES (Continued) Prepayments for and rights under life insurance policies Prepaid life insurance premium component of the relevant contracts is amortised over the life insurance policy period on a straight- line basis. The remaining component of the contracts contains discretionary participation feature as well as a guaranteed element. Under the discretionary participation feature, the relevant insurers have full discretion to declare interest on top of the guaranteed interest on a monthly basis. Interest income is recognised upon monthly declaration of the interest by the insurers. Rights under life insurance policies are stated in the condensed consolidated statement of financial position at cost plus accumulated interest earned and minus insurance costs and administrative charges. Moreover, in the current interim period, the Group has applied, for the first time, the following new and revised standards, amendments and interpretations ( new and revised HKFRSs ) issued by the HKICPA, which are effective for the Group'