Asus 2015 Annual Report Download - page 178

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B. On a regular way purchase or sale basis, financial assets at fair value through profit or loss are
recognized and derecognized using trade date accounting.
C. Financial assets at fair value through profit or loss are initially recognized at fair value.
Related transaction costs are expensed in profit or loss. These financial assets are subsequently
remeasured and stated at fair value, and any changes in the fair value of these financial assets
are recognized in profit or loss.
(8) Available-for-sale financial assets
A. Available-for-sale financial assets are non-derivatives that are either designated in this category
or not classified in any of the other categories.
B. On a regular way purchase or sale basis, available-for-sale financial assets are recognized and
derecognized using trade date accounting.
C. Available-for-sale financial assets are initially recognized at fair value plus transaction costs.
These financial assets are subsequently remeasured and stated at fair value, and any changes in
the fair value of these financial assets are recognized in other comprehensive income.
Investments in equity instruments that do not have a quoted market price in an active market
and whose fair value cannot be reliably measured or derivatives that are linked to and must be
settled by delivery of such unquoted equity instruments are presented in “financial assets
measured at cost”.
(9) Loans and receivables
Loans and receivables are created originally by the entity by selling goods or providing services to
customers in the ordinary course of business. They are initially recognized at fair value and
subsequently measured at amortised cost using the effective interest method, less provision for
impairment. Due to the insignificant discount effect on the non-interest bearing short-term
receivables, they are measured at the original invoice amount.
(10) Impairment of financial assets
A. The Group assesses at the end of the financial reporting period whether there is objective
evidence that a financial asset or a group of financial assets is impaired as a result of one or
more events that occurred after the initial recognition of the asset (a “loss event”) and that loss
event has an impact on the estimated future cash flows of the financial asset or group of
financial assets that can be reliably estimated.
B. The criteria that the Group uses to determine whether there is objective evidence of an
impairment loss is as follows:
(A) Significant financial difficulty of the issuer or debtor;
(B) A breach of contract, such as a default or delinquency in interest or principal payments;
(C) The Group granted the borrower a concession that a lender would not otherwise consider
for economic or legal reasons relating to the borrower’s financial difficulty;