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CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS
Post-acquisition Date Accounting (.54 - .58)
• Three exceptions:
• Don’t revert to applicable standards
• Specific measurement in terms of IFRS 3
• Reacquired rights
• Recognised contingent liabilities
• Higher of:
• Amount that would be recognised ito IAS 37
• i.e. amount of provision, if probable, or zero if not probable
• Amount recognised at acquisition
• Indemnification assets
• Measured on same basis as the indemnified item
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