Page 161 - Hang Lung Properties 2012 Annual Report

1 CHANGE OF FINANCIAL YEAR END DATE
Pursuant to a resolution of the Board of Directors of the Company
dated November 27, 2011, the Company’s financial year end date
has been changed from June 30 to December 31. The change is
to align with the financial year end date of the Company with that of
its subsidiaries established in mainland China, the financial results of
which are consolidated into its consolidated financial statements each
year, and their financial statements are statutorily required to be closed
with the financial year end date of December 31.
As a result of the change in financial year end date, the current
financial period covers a twelve-month period from January 1, 2012 to
December 31, 2012 (the “year ended December 31, 2012”), and the
comparative figures in these financial statements cover a six-month
period from July 1, 2011 to December 31, 2011 (the “six months ended
December 31, 2011” or “P.E. 12/2011”). As the comparative figures
are not comparable with those of current financial period, financial
information for the twelve-month period from January 1, 2011 to
December 31, 2011 (the “year ended December 31, 2011” or “Y.E.
12/2011”), prepared in accordance with Hong Kong Financial Reporting
Standards (“HKFRSs”), has been disclosed for the consolidated income
statement, the consolidated statement of comprehensive income,
the consolidated cash flow statement and certain selected notes to
enhance comparability.
2 PRINCIPAL ACCOUNTING POLICIES
(a) Statement of compliance
These financial statements have been prepared in accordance with
all applicable HKFRSs, which collective term includes all applicable
individual Hong Kong Financial Reporting Standards, Hong Kong
Accounting Standards (“HKASs”) and Interpretations issued by the
Hong Kong Institute of Certified Public Accountants (“HKICPA”),
accounting principles generally accepted in Hong Kong and the
requirements of the Hong Kong Companies Ordinance. These financial
statements also comply with the applicable disclosure provisions of
the Rules Governing the Listing of Securities on The Stock Exchange
of Hong Kong Limited. A summary of the principal accounting policies
adopted by the Group is set out below.
1 更改財政年度年結日
根據本公司董事會於二零一一年十一月二
十七日之決議，本公司之財政年度年結日
由六月三十日更改為十二月三十一日。該
更改是為了使本公司的財政年度年結日與
其於中國內地成立之附屬公司的財政年度
年結日一致；該等公司之財務業績每年均
於綜合財務報表內綜合入賬，並且其財務
報表之財政年度年結日根據法例須定為十
二月三十一日。
由於財政年度年結日作出更改，本財務期
涵蓋二零一二年一月一日至二零一二年十
二月三十一日止十二個月（「截至二零一二
年十二月三十一日止年度」），而本財務報
表之比較數字則涵蓋二零一一年七月一日
至二零一一年十二月三十一日止六個月
（「截至二零一一年十二月三十一日止六個
月」或「二零一一期間」）。由於比較數字無
法與本期間的數字作出比較，根據《香港財
務報告準則》（「HKFRSs」）編製之二零一一
年一月一日至二零一一年十二月三十一日
止十二個月（「截至二零一一年十二月三十
一日止年度」或「二零一一年度」）之財務資
料將於綜合收益表、綜合全面收益表、綜
合現金流量表及若干選取之附註披露，以
增加本財務報表之比較性。
2 主要會計政策
(a) 遵例聲明
本財務報表乃根據所有適用之 HKFRSs 編
製，而該統稱涵蓋香港會計師公會頒佈之
所有適用個別《香港財務報告準則》、《香港
會計準則》（「HKASs」）及詮釋、香港公認會
計原則及香港《公司條例》之規定。本財務
報表亦符合《香港聯合交易所有限公司證券
上市規則》之適用披露規定。本集團採用之
主要會計政策概述如下。
161
財務報表附註 NOTES TO THE FINANCIAL STATEMENTS
（以港幣為單位）(Expressed in Hong Kong dollars)