曝光臺 注意防騙 網曝天貓店富美金盛家居專營店坑蒙拐騙欺詐消費者

(b) Basis of preparation of the financial statements (cont’d)
The measurement basis used in the preparation of the financial statements is the historical cost basis except that the
following assets and liabilities are stated at their fair value as explained in the accounting policies set out below:
– Derivative financial instruments (Note 2(g)); and
– Available-for-sale equity securities (Note 2(f)).
Non-current assets held for sale are stated at the lower of carrying amount and fair value less costs to sell (Note 2(cc)).
The preparation of financial statements in conformity with IFRSs requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgements about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ
from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the
revision and future periods if the revision affects both current and future periods.
Judgements made by management in the application of IFRSs that have significant effect on the financial statements and major sources of estimation uncertainty are discussed in Note 56.
(c) Subsidiaries and minority interests
Subsidiaries are entities controlled by the Group. Control exists when the Group has the power to govern the financial
and operating policies of an entity so as to obtain benefits from its activities. In assessing control, potential voting
rights that presently are exercisable are taken into account.
An investment in a subsidiary is consolidated into the consolidated financial statements from the date that control commences until the date that control ceases. Intra-group balances and transactions and any unrealised profits arising
from intra-group transactions are eliminated in full in preparing the consolidated financial statements. Unrealised losses
resulting from intra-group transactions are eliminated in the same way as unrealised gains but only to the extent that there is no evidence of impairment.
Minority interests represent the portion of the net assets of subsidiaries attributable to interests that are not owned by the Company, whether directly or indirectly through subsidiaries, and in respect of which the Group has not agreed any
additional terms with the holders of those interests which would result in the Group as a whole having a contractual
obligation in respect of those interests that meets the definition of a financial liability. Minority interests are presented
　
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本文鏈接地址：China Southern Airlines Company Limited Annual Report 2009(43)