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CONSOLIDATED AND SEPARATE FINANCIAL  STATEMENTS



            IFRS 12 Disclosure


            • 4 main sections of IFRS 12:


                    • 1. Significant judgements and assumptions (.7 ‐ .9)

                           • Disclose those made in determining:

                                  • Control

                                  • Joint control or significant influence, and
                                  • Type of joint arrangement

                    • 2. Interests in subsidiaries (.10 ‐ .19)

                           • Enable users to understand

                                  • Composition of group

                                  • NCI interests

                                  • Significant restrictions
                                  • Interests in consolidated structured entities

                                  • Consequences of changes in ownership during period
                                         • When control is not lost

                                  • Consequences of losing control during period

                           • Disclose details of subs with material NCIs

                                  • Including summarised financial information

                                         • Before inter-company eliminations (B11)objective                                         39

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