ANNEX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amendments to International Financial Reporting Standard 7 Financial instruments: disclosures
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SIGNIFICANCE OF FINANCIAL INSTRUMENTS FOR FINANCIAL POSITION AND PERFORMANCE
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Other disclosures
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Fair value
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(27) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(27A) To make the disclosures required by paragraph 27B an entity shall classify fair value measurements using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. The fair value hierarchy shall have the following levels:
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(27B) For fair value measurements recognised in the statement of financial position an entity shall disclose for each class of financial instruments:
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Liquidity risk
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(39) An entity shall disclose:
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EFFECTIVE DATE AND TRANSITION
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(44G) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Appendix A Defined terms
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Appendix B Application guidance
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Nature and extent of risks arising from financial instruments (paragraphs 31–42) Quantitative liquidity risk disclosures (paragraphs 34(a) and 39(a) and (b))
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B10A In accordance with paragraph 34(a) an entity discloses summary quantitative data about its exposure to liquidity risk on the basis of the information provided internally to key management personnel. An entity shall explain how those data are determined. If the outflows of cash (or another financial asset) included in those data could either:
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B11 In preparing the maturity analyses required by paragraph 39(a) and (b) an entity uses its judgement to determine an appropriate number of time bands. For example, an entity might determine that the following time bands are appropriate:
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B11A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

B11B Paragraph 39(b) requires an entity to disclose a quantitative maturity analysis for derivative financial liabilities that shows remaining contractual maturities if the contractual maturities are essential for an understanding of the timing of the cash flows. For example, this would be the case for:
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B11C Paragraph 39(a) and (b) requires an entity to disclose maturity analyses for financial liabilities that show the remaining contractual maturities for some financial liabilities. In this disclosure:
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B11D The contractual amounts disclosed in the maturity analyses as required by paragraph 39(a) and (b) are the contractual undiscounted cash flows, for example:
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B11E . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

B11F Other factors that an entity might consider in providing the disclosure required in paragraph 39(c) include, but are not limited to, whether the entity:
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B12-B16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amendment to International Financial Reporting Standard 4 Insurance Contracts
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DISCLOSURE
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Nature and extent of risks arising from insurance contracts
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(39) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Regulation revoked (31.12.2020) by The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/685), reg. 1(2), Sch. 2 para. 20 (with reg. 20(2)) (as amended by S.I. 2020/335, regs. 1, 5); 2020 c. 1, Sch. 5 para. 1(1)