159 / 182
香港數碼港管理有限公司
年報 2013/14
157
3 Financial risk management and fair values
of financial instruments
(continued)
Notes to the Financial Statements
財務報表附註
(b) Fair values measurement
(i) Financial assets and liabilities carried at fair value
The Company’s investments in securities at fair value
through profit or loss are measured using market quoted
prices and therefore fall within the Level 1 fair value
hierarchy as defined in HKFRS 13.
Fair value 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.
During the years ended 31 March 2013 and 2014, there
were no transfers between Level 1 and Level 2, or transfers
into or out of Level 3. The Company’s policy is to
recognise transfers between levels of fair value hierarchy
at the balance sheet date in which they occur.
(ii) Fair values of financial assets and liabilities carried at
other than fair value
The carrying amounts of the Company’s financial
instruments carried at cost or amortised cost are not
materially different from their fair values as at 31 March
2013 and 2014 except for the held-to-maturity investments,
for wh i ch the i r f a i r va l ue a t 31 Ma r ch 2014 was
HK$686,589,311 (2013: HK$427,921,149). The fair values are
measured using market quoted prices and therefore fall
within the Level 1 fair value hierarchy.
3
財務風險管理及金融工具之公允
價值
（續）
(b)
公允價值計量
(i)
按公允價值列賬之金融資產及負債
本公司所持按公允價值計入損益之證券投
資採用市場報價計量，故屬於《香港財務
報告準則》第
13
號所界定之第一級公允價
值等級。
公允價值等級
劃分公允價值計量之等級乃經參考以下估
值方法所用輸入數據之可觀察性及重要性
而釐定：
—
第一級估值：僅使用第一級輸入數
據（即相同資產或負債於計量當日在
活躍市場之未經調整報價）計量之公
允價值。
—
第二級估值：使用第二級輸入數據
（即不屬於第一級之可觀察輸入數
據，但亦不屬於重大不可觀察輸入
數據）計量之公允價值。不可觀察輸
入數據是指缺乏市場數據之輸入數
據。
—
第三級估值：使用重大不可觀察輸
入數據計量之公允價值。
於截至
2013
年及
2014
年
3
月
31
日止年度
內，第一級與第二級之間並無任何轉移，
亦無轉入或轉出自第三級。本公司之政策
是於結算日確認公允價值等級之間所發生
之轉移。
(ii)
以非公允價值列賬之金融資產及負債之
公允價值
本公司按成本或攤銷成本列賬的金融工具
之賬面值與其於
2013
年及
2014
年
3
月
31
日之公允價值並無重大差異，其於
2014
年
3
月
31
日之公允價值為
686,589,311
港
元（
2013
年：
427,921,149
港元），惟持有
至到期日投資除外。該等公允價值採用市
場報價計量，故屬於第一級公允價值等級。