Hotel Royal Limited - Annual Report 2015 - page 101

$118$/ 5(3257 )<
6800$5< 2) 6,*1,),&$17 $&&2817,1* 32/,&,(6
FRQW¶G
7KH UHWLUHPHQW EHQHILW REOLJDWLRQ UHFRJQLVHG LQ WKH VWDWHPHQW RI ILQDQFLDO SRVLWLRQ UHSUHVHQWV WKH DFWXDO
GHILFLW RU VXUSOXV LQ WKH *URXS¶V GHILQHG EHQHILW SODQV $Q\ VXUSOXV UHVXOWLQJ IURP WKLV FDOFXODWLRQ LV OLPLWHG WR
WKH SUHVHQW YDOXH RI DQ\ HFRQRPLF EHQHILWV DYDLODEOH LQ WKH IRUP RI UHIXQGV IURP WKH SODQV RU UHGXFWLRQV
LQ IXWXUH FRQWULEXWLRQV WR WKH SODQ
$ OLDELOLW\ IRU D WHUPLQDWLRQ EHQHILW LV UHFRJQLVHG DW WKH HDUOLHU RI ZKHQ WKH HQWLW\ FDQ QR ORQJHU ZLWKGUDZ
WKH RIIHU RI WKH WHUPLQDWLRQ EHQHILW DQG ZKHQ WKH HQWLW\ UHFRJQLVHV DQ\ UHODWHG UHVWUXFWXULQJ FRVWV
,1&20( 7$;
,QFRPH WD[ H[SHQVH UHSUHVHQWV WKH VXP RI WKH WD[ FXUUHQWO\ SD\DEOH DQG GHIHUUHG WD[
7KH WD[ FXUUHQWO\ SD\DEOH LV EDVHG RQ WD[DEOH SURILW IRU WKH \HDU 7D[DEOH SURILW GLIIHUV IURP SURILW DV
UHSRUWHG LQ WKH SURILW DQG ORVV VWDWHPHQW EHFDXVH LW H[FOXGHV LWHPV RI LQFRPH RU H[SHQVH WKDW DUH WD[DEOH
RU GHGXFWLEOH LQ RWKHU \HDUV DQG LW IXUWKHU H[FOXGHV LWHPV WKDW DUH QRW WD[DEOH RU WD[ GHGXFWLEOH 7KH*URXS¶V
OLDELOLW\ IRU FXUUHQW WD[ LV FDOFXODWHG XVLQJ WD[ UDWHV DQG WD[ ODZV WKDW KDYH EHHQ HQDFWHG RU VXEVWDQWLYHO\
HQDFWHG LQ FRXQWULHV ZKHUH WKH &RPSDQ\ DQG VXEVLGLDULHV RSHUDWH E\ WKH HQG RI WKH UHSRUWLQJ SHULRG
'HIHUUHG WD[ LV UHFRJQLVHG RQ GLIIHUHQFHV EHWZHHQ WKH FDUU\LQJ DPRXQWV RI DVVHWV DQG OLDELOLWLHV LQ WKH
ILQDQFLDO VWDWHPHQWV DQG WKH FRUUHVSRQGLQJ WD[ EDVH XVHG LQ WKH FRPSXWDWLRQ RI WD[DEOH SURILW DQG DUH
DFFRXQWHG IRU XVLQJ WKH EDODQFH VKHHW OLDELOLW\ PHWKRG 'HIHUUHG WD[ OLDELOLWLHV DUH JHQHUDOO\ UHFRJQLVHG
IRU DOO WD[DEOH WHPSRUDU\ GLIIHUHQFHV DQG GHIHUUHG WD[ DVVHWV DUH UHFRJQLVHG WR WKH H[WHQW WKDW LW LV
SUREDEOH WKDW WD[DEOH SURILWV ZLOO EH DYDLODEOH DJDLQVW ZKLFK GHGXFWLEOH WHPSRUDU\ GLIIHUHQFHV FDQ EH
XWLOLVHG 6XFK DVVHWV DQG OLDELOLWLHV DUH QRW UHFRJQLVHG LI WKH WHPSRUDU\ GLIIHUHQFH DULVHV IURP JRRGZLOO
RU IURP WKH LQLWLDO UHFRJQLWLRQ RWKHU WKDQ LQ D EXVLQHVV FRPELQDWLRQ RI RWKHU DVVHWV DQG OLDELOLWLHV LQ D
WUDQVDFWLRQ WKDW DIIHFWV QHLWKHU WKH WD[DEOH SURILW QRU WKH DFFRXQWLQJ SURILW
'HIHUUHG WD[ OLDELOLWLHV DUH UHFRJQLVHG IRU WD[DEOH WHPSRUDU\ GLIIHUHQFHV DULVLQJ RQ LQYHVWPHQWV LQ
VXEVLGLDULHV H[FHSW ZKHUH WKH *URXS LV DEOH WR FRQWURO WKH UHYHUVDO RI WKH WHPSRUDU\ GLIIHUHQFH DQG LW LV
SUREDEOH WKDW WKH WHPSRUDU\ GLIIHUHQFH ZLOO QRW UHYHUVH LQ WKH IRUHVHHDEOH IXWXUH
'HIHUUHG WD[ LV FDOFXODWHG DW WKH WD[ UDWHV WKDW DUH H[SHFWHG WR DSSO\ LQ WKH SHULRG ZKHQ WKH OLDELOLW\ LV
VHWWOHG RU WKH DVVHW UHDOLVHG EDVHG RQ WKH WD[ UDWHV DQG WD[ ODZV WKDW KDYH EHHQ HQDFWHG RU VXEVWDQWLYHO\
HQDFWHG E\ WKH HQG RI WKH UHSRUWLQJ SHULRG
'HIHUUHG WD[ DVVHWV DQG OLDELOLWLHV DUH RIIVHW ZKHQ WKHUH LV D OHJDOO\ HQIRUFHDEOH ULJKW WR VHW RII FXUUHQW WD[
DVVHWV DJDLQVW FXUUHQW WD[ OLDELOLWLHV DQG ZKHQ WKH\ UHODWH WR LQFRPH WD[HV OHYLHG E\ WKH VDPH WD[DWLRQ
DXWKRULW\ DQG WKH *URXS LQWHQGV WR VHWWOH LWV FXUUHQW WD[ DVVHWV DQG OLDELOLWLHV RQ D QHW EDVLV
&XUUHQW DQG GHIHUUHG WD[ DUH UHFRJQLVHG DV DQ H[SHQVH RU LQFRPH LQ SURILW RU ORVV H[FHSW ZKHQ WKH\
UHODWH WR LWHPV FUHGLWHG RU GHELWHG RXWVLGH SURILW RU ORVV HLWKHU LQ RWKHU FRPSUHKHQVLYH LQFRPH RU GLUHFWO\
LQ HTXLW\ LQ ZKLFK FDVH WKH WD[ LV DOVR UHFRJQLVHG RXWVLGH SURILW RU ORVV HLWKHU LQ RWKHU FRPSUHKHQVLYH
LQFRPH RU GLUHFWO\ LQ HTXLW\ RU ZKHUH WKH\ DULVH IURP WKH LQLWLDO DFFRXQWLQJ IRU D EXVLQHVV FRPELQDWLRQ ,Q
WKH FDVH RI D EXVLQHVV FRPELQDWLRQ WKH WD[ HIIHFW LV WDNHQ LQWR DFFRXQW LQ FDOFXODWLQJ JRRGZLOO RU
GHWHUPLQLQJ WKH H[FHVV RI WKH DFTXLUHU¶V LQWHUHVW LQ WKH QHW IDLU YDOXH RI WKH DFTXLUHH¶V LGHQWLILDEOH DVVHWV
OLDELOLWLHV DQG FRQWLQJHQW OLDELOLWLHV RYHU FRVW
1...,91,92,93,94,95,96,97,98,99,100 102,103,104,105,106,107,108,109,110,111,...152
Powered by FlippingBook