Article 1.(1) The Annex to Regulation (EC) No 1126/2008 is amended as...
Article 2.(1) Each company shall apply the amendments referred to in...
Article 3.This Regulation shall enter into force on the third day...
INTERNATIONAL ACCOUNTING STANDARDS
AMENDMENTS TO IFRS 1 First-time Adoption of International Financial Reporting Standards
Appendix B Exceptions to the retrospective application of other IFRSs
INTERNATIONAL FINANCIAL REPORTING STANDARD 13 Fair Value Measurement
Application to non-financial assets
Application to liabilities and an entity’s own equity instruments
Restriction preventing the transfer of a liability or an entity’s...
Application to financial assets and financial liabilities with offsetting positions...
61 An entity shall use valuation techniques that are appropriate in...
62 The objective of using a valuation technique is to estimate...
63 In some cases a single valuation technique will be appropriate...
64 If the transaction price is fair value at initial recognition...
65 Valuation techniques used to measure fair value shall be applied...
66 Revisions resulting from a change in the valuation technique or...
Inputs to valuation techniques
72 To increase consistency and comparability in fair value measurements and...
74 The availability of relevant inputs and their relative subjectivity might...
75 If an observable input requires an adjustment using an unobservable...
91 An entity shall disclose information that helps users of its...
92 To meet the objectives in paragraph 91, an entity shall...
93 To meet the objectives in paragraph 91, an entity shall...
94 An entity shall determine appropriate classes of assets and liabilities...
95 An entity shall disclose and consistently follow its policy for...
96 If an entity makes an accounting policy decision to use...
97 For each class of assets and liabilities not measured at...
98 For a liability measured at fair value and issued with...
99 An entity shall present the quantitative disclosures required by this...
Appendix B Application guidance
B1 The judgements applied in different valuation situations may be different....
VALUATION PREMISE FOR NON-FINANCIAL ASSETS (PARAGRAPHS 31–33)
VALUATION TECHNIQUES (PARAGRAPHS 61–66)
B10 The income approach converts future amounts (eg cash flows or...
B11 Those valuation techniques include, for example, the following:
The components of a present value measurement
B13 Present value (ie an application of the income approach) is...
Discount rate adjustment technique
B18 The discount rate adjustment technique uses a single set of...
B19 The discount rate adjustment technique requires an analysis of market...
B20 To illustrate a build-up approach, assume that Asset A is...
B21 On the basis of the timing of the contractual payments...
B22 When the discount rate adjustment technique is applied to fixed...
Expected present value technique
B23 The expected present value technique uses as a starting point...
B24 In making an investment decision, risk-averse market participants would take...
B25 Method 1 of the expected present value technique adjusts the...
B26 In contrast, Method 2 of the expected present value technique...
B28 In this simple illustration, the expected cash flows (CU780) represent...
B30 When using an expected present value technique to measure fair...
APPLYING PRESENT VALUE TECHNIQUES TO LIABILITIES AND AN ENTITY’S OWN...
MEASURING FAIR VALUE WHEN THE VOLUME OR LEVEL OF ACTIVITY...
B38 If an entity concludes that there has been a significant...
B39 This IFRS does not prescribe a methodology for making significant...
B40 If there has been a significant decrease in the volume...
B41 Even when there has been a significant decrease in the...
B42 Estimating the price at which market participants would be willing...
Appendix D Amendments to other IFRSs
IFRS 1 First-time Adoption of International Financial Reporting Standards (as amended at...
IFRS 5 Non-current Assets Held for Sale and Discontinued Operations
IFRS 7 Financial Instruments: Disclosures (as amended at October 2009)
IFRS 9 Financial Instruments (issued November 2009)
D20 Paragraphs 5.2.1, 5.3.2, 8.2.5 and 8.2.11 are amended as follows:...
D22 In Appendix A the introductory text is amended as follows:...
D23 In Appendix B paragraph B5.1, the heading above paragraph B5.5...
Investments in equity instruments (and contracts on those investments)
B5.7 … In such cases, the entity must measure fair value....
D24 In Appendix C, in paragraph C8 the amendments to paragraph...
D25 In paragraph C20 the amendments to paragraph 1 of IAS...
D26 In paragraph C22 the amendments to paragraph 1 of IAS...
D27 In paragraph C27 the amendments to paragraphs 9, 13 and...
D28 In paragraph C28 the amendments to paragraphs AG64, AG80, AG81...
IFRS 9 Financial Instruments (issued October 2010)
D30 Paragraphs 3.2.14, 4.3.7 and 5.1.1 are amended as follows:
D33 The heading above paragraph 5.4.1 and paragraphs 5.4.1–5.4.3 are deleted....
D34 Paragraphs 5.6.2, 7.2.5, 7.2.11 and 7.2.12 are amended as follows:...
D36 In Appendix B paragraphs B3.2.11, B3.2.17, B5.1.1 and B5.2.2 are...
D38 Paragraphs B5.4.1–B5.4.13 and their related headings are deleted.
D39 The heading above paragraph B5.4.14 and paragraphs B5.4.14, B5.4.16 and...
D40 In Appendix C, in paragraph C3 the amendments to paragraphs...
D41 In paragraph C11 the amendments to paragraph 28 of IFRS...
D42 In paragraph C26 the amendments to paragraph 1 of IAS...
D43 In paragraph C28 the amendments to paragraph 1 of IAS...
D44 In paragraph C30 the amendments to paragraph 23 of IAS...
D45 In paragraph C49 the amendments to paragraph A8 of IFRIC...
D46 In paragraph C53 the amendments to paragraph 7 of IFRIC...
IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
IAS 20 Accounting for Government Grants and Disclosure of Government Assistance
IAS 28 Investments in Associates (as amended at October 2009)
IAS 31 Interests in Joint Ventures (as amended at October 2009)
IAS 32 Financial Instruments: Presentation (as amended at September 2010)
IAS 39 Financial Instruments: Recognition and Measurement (as amended at October 2009)...
IFRIC 2 Members’ Shares in Co-operative Entities and Similar Instruments (as amended...
IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments (as amended at September...
IFRIC INTERPRETATION 20 Stripping Costs in the Production Phase of a Surface Mine...
1 In surface mining operations, entities may find it necessary to...
2 During the development phase of the mine (before production begins),...
3 A mining entity may continue to remove overburden and to...
4 The material removed when stripping in the production phase will...
5 This Interpretation considers when and how to account separately for...
Appendix B The amendments in this appendix shall be applied for annual...