Page 178 - Hang Lung Properties 2012 Annual Report

2 PRINCIPAL ACCOUNTING POLICIES (Continued)
(v) Employee benefits
1. Short term employee benefits and contributions to defined
contribution retirement schemes
Salaries, annual bonuses, paid annual leave, the cost of non-monetary
benefits and obligation for contributions to defined contribution
retirement schemes, including those payables in mainland China and
Hong Kong under relevant legislation, are accrued in the year in which
the associated services are rendered by employees of the Group.
2. Share-based payments
The fair value of share options granted to employees is measured at
grant date, taking into account the terms and conditions upon which
the options were granted, and is expensed on a straight line basis over
the vesting period taking into account the probability that the options
will vest, with a corresponding increase in equity (employee share-
based compensation reserve).
During the vesting period, the number of share options that is expected
to vest is reviewed. Any resulting adjustment to the cumulative fair
value recognized in prior years is charged/credited to profit or loss for
the year of the review, unless the original employee expenses qualify
for recognition as an asset, with a corresponding adjustment to the
employee share-based compensation reserve. On vesting date, the
amount recognized as an expense is adjusted to reflect the actual
number of options that vest (with a corresponding adjustment to the
employee share-based compensation reserve).
At the time when the share options are exercised, the related employee
share-based compensation reserve is transferred to share capital and
share premium, together with the exercise price. If the options expire
or lapse after the vesting period, the related employee share-based
compensation reserve is transferred directly to retained profits.
2 主要會計政策（續）
(v) 僱員福利
1. 短期僱員福利及定額供款退休計劃
供款
薪金、年終花紅、有薪年假、非貨幣性福
利成本及對界定供款退休計劃之供款（包括
於中國內地及香港根據有關法例應付之款
項）乃於本集團僱員提供有關服務之期內
計提。
2. 股權支付
授予僱員之股份期權之公平值乃計及授出
期權之條款及條件於授出日期計算，並依
據期權將歸屬的可能性根據歸屬期按直線
法列作開支，相應增加乃於權益（僱員股份
補償儲備）中予以確認。
本公司在歸屬期內檢討預期歸屬之股份期
權數目。已於以往年度確認之累計公平價
值之任何所產生調整會在檢討當年在損益
中列支／計入（若原來之僱員支出符合確認
為資產的資格除外），並在僱員股份補償儲
備作出相應調整。已確認為支出之數額會
在歸屬日作出調整，以反映所歸屬股份期
權之實際數目（同時對僱員股份補償儲備作
出相應調整）。
倘股份期權獲行使，則相關僱員股份補償
儲備連同行使價一併轉撥至股本及股份溢
價。倘期權到期或於歸屬期後失效，則相
關僱員股份補償儲備直接轉撥至保留溢利。
178 |