02 - Illustrative Examples - Statement of Financial Position, Statement of Comprehensive Income, and Statement of Changes in Equity

3/25/2015
IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity
IFRSFoundation
IFRSTaxonomy2015Illustrativeexamples
Statementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity
ExamplesfromIAS1(IG6)representingwaysinwhichtherequirementsofIAS1forthepresentationofthestatementsoffinancial
position,comprehensiveincomeandstatementofchangesinequitymightbemetusingdetailedXBRLtaggingwiththeuseofXBRL
footnotes.
XYZGroupStatementoffinancialpositionasat31December20X7
(inthousandsofcurrencyunits)
31Dec20X7
31Dec20X6
Property,plantandequipment
350,700
360,020
Goodwill
80,800
91,200
Otherintangibleassets
227,470
227,470
Investmentsinassociates
100,150
110,770
Investmentsinequityinstruments
142,500
156,000
901,620
945,460
Inventories
135,230
132,500
Tradereceivables
91,600
110,800
Othercurrentassets
25,650
12,540
Cashandcashequivalents
312,400
322,900
564,880
578,740
1,466,500
1,524,200
ASSETS
Noncurrentassets
Currentassets
Totalassets
XYZGroupStatementoffinancialpositionasat31December20X7
http://www.ifrs.org/XBRL/Resources/Documents/2015/ixbrl_example2_20150311.xhtml
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EQUITYANDLIABILITIES
Equityattributabletoownersoftheparent
Sharecapital
650,000
600,000
Retainedearnings
243,500
161,700
Othercomponentsofequity
10,200
21,200
903,700
782,900
Noncontrollinginterests
70,050
48,600
Totalequity
973,750
831,500
Longtermborrowings
120,000
160,000
Deferredtax
28,800
26,040
Longtermprovisions
28,850
52,240
Totalnoncurrentliabilities
177,650
238,280
Tradeandotherpayables
115,100
187,620
Shorttermborrowings
150,000
200,000
Currentportionoflongtermborrowings
10,000
20,000
Currenttaxpayable
35,000
42,000
Shorttermprovisions
5,000
4,800
Totalcurrentliabilities
315,100
454,420
Totalliabilities
492,750
692,700
Totalequityandliabilities
1,466,500
1,524,200
Noncurrentliabilities
Currentliabilities
ExamplesofstatementofprofitorlossandothercomprehensiveincomewhenIFRS9Financial
Instrumentsisapplied
XYZGroupStatementofcomprehensiveincomefortheyearended
31December20X7
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(illustratingthepresentationofprofitorlossandothercomprehensiveincomeinonestatementandtheclassificationof
expenseswithinprofitorlossbyfunction)
20X7
20X6
Revenue
390,000
355,000
Costofsales
(238,000)
(219,500)
Grossprofit
152,000
135,500
Otherincome
20,667
11,300
Distributioncosts
(9,000)
(8,700)
Administrativeexpenses
(20,000)
(21,000)
Otherexpenses
(2,100)
(1,200)
Financecosts
(15,000)
(18,000)
Shareofprofitofassociates(a)
35,100
30,100
Profitbeforetax
161,667
128,000
Incometaxexpense
(40,417)
(32,000)
Profitfortheyearfromcontinuingoperations
121,250
96,000
Lossfortheyearfromdiscontinuedoperations
(30,500)
PROFITFORTHEYEAR
121,250
65,500
Gainsonpropertyrevaluation
933
3,367
(24,000)
26,667
Remeasurementsofdefinedbenefitpensionplans
(667)
1,333
Shareofothercomprehensiveincomeofassociates(c)
400
(700)
Incometaxrelatingtoitemsthatwillnotbereclassified(d)
5,834
(7,667)
(17,500)
23,000
Othercomprehensiveincome:
Itemsthatwillnotbereclassifiedtoprofitorloss:
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Itemsthatmaybereclassifiedsubsequentlytoprofitorloss:
Exchangedifferencesontranslatingforeignoperations(b)
5,334
10,667
Cashflowhedges(b)
(667)
(4,000)
Incometaxrelatingtoitemsthatmaybereclassified(d)
(1,167)
(1,667)
3,500
5,000
Othercomprehensiveincomefortheyear,netoftax
(14,000)
28,000
TOTALCOMPREHENSIVEINCOMEFORTHEYEAR
107,250
93,500
31December20X7
(illustratingthepresentationofcomprehensiveincomeinone
statementandtheclassificationofexpenseswithinprofitbyfunction)
20X7
20X6
Ownersoftheparent
97,000
52,400
24,250
13,100
121,250
65,500
Ownersoftheparent
85,800
74,800
21,450
18,700
107,250
93,500
0.46
0.30
Profitattributableto:
Totalcomprehensiveincomeattributableto:
Earningspershare(incurrencyunits):
Basicanddiluted
Alternatively,componentsofothercomprehensiveincomecouldbepresentedinthestatementofcomprehensiveincomenetoftax:
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Othercomprehensiveincomefortheyear,aftertax:
20X7
20X6
600
2,700
(18,000)
20,000
(500)
1,000
Shareofothercomprehensiveincomeofassociates
400
(700)
(17,500)
23,000
Exchangedifferencesontranslatingforeignoperations
4,000
8,000
Cashflowhedges
(500)
(3,000)
3,500
5,000
(14,000)
28,000
Othercomprehensiveincomefortheyear,netoftax(d)
(a)Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxand
noncontrollinginterestsintheassociates.Inthisexample,theothercomprehensiveincomeofassociatesconsistsonlyofitemsthat
willnotbesubsequentlyreclassifiedtoprofitorloss.Entitieswhoseassociatesothercomprehensiveincomeincludesitemsthatmay
besubsequentlyreclassifiedtoprofitorlossarerequiredbyparagraph82A(b)topresentthatamountinaseparateline.
(b)Thisillustratestheaggregatedpresentation,withdisclosureofthecurrentyeargainorlossandreclassificationadjustment
presentedinthenotes.Alternatively,agrosspresentationcanbeused.
(c)Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxand
(d)Theincometaxrelatingtoeachcomponentofothercomprehensiveincomeisdisclosedinthenotes.
XYZGroupIncomestatementfortheyearended31December20X7
(illustratingthepresentationofcomprehensiveincomeintwostatementsandclassificationofexpenseswithinprofitby
nature)
20X7
20X6
Revenue
390,000
355,000
Otherincome
20,667
11,300
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Changesininventoriesoffinishedgoodsandworkinprogress
(115,100)
(107,900)
Workperformedbytheentityandcapitalised
16,000
15,000
Rawmaterialandconsumablesused
(96,000)
(92,000)
Employeebenefitsexpense
(45,000)
(43,000)
Depreciationandamortisationexpense
(19,000)
(17,000)
Impairmentofproperty,plantandequipment
(4,000)
Otherexpenses
(6,000)
(5,500)
Financecosts
(15,000)
(18,000)
Shareofprofitofassociates(e)
35,100
30,100
Profitbeforetax
161,667
128,000
Incometaxexpense
(40,417)
(32,000)
Profitfortheyearfromcontinuingoperations
121,250
96,000
Lossfortheyearfromdiscontinuedoperations
(30,500)
PROFITFORTHEYEAR
121,250
65,500
Ownersoftheparent
97,000
52,400
24,250
13,100
121,250
65,500
0.46
0.30
Profitattributableto:
Earningspershare(incurrencyunits):
Basicanddiluted
(e)Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxand
31December20X7
(illustratingthepresentationofcomprehensiveincomeintwostatements)
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20X7
20X6
121,250
65,500
933
3,367
(24,000)
26,667
(667)
1,333
Shareofgainothercomprehensiveincomeofassociates(f)
400
(700)
Incometaxrelatingtoitemsthatwillnotbereclassified(g)
5,834
(7,667)
(17,500)
23,000
Exchangedifferencesontranslatingforeignoperations
5,334
10,667
Cashflowhedges
(667)
(4,000)
Incometaxrelatingtoitemsthatmaybereclassified(g)
(1,167)
(1,667)
3,500
5,000
Othercomprehensiveincomefortheyear,netoftax
(14,000)
28,000
TOTALCOMPREHENSIVEINCOMEFOR
THEYEAR
107,250
93,500
Ownersoftheparent
85,800
74,800
21,450
18,700
107,250
93,500
Profitfortheyear
Totalcomprehensiveincomeattributableto:
Alternatively,componentsofothercomprehensiveincomecouldbepresented,netoftax.Refertothestatementofcomprehensive
incomeillustratingthepresentationofincomeandexpensesinonestatement.
(f) Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxandnon
controllinginterestsintheassociates.Inthisexample,theothercomprehensiveincomeofassociatesconsistsonlyofitemsthat
willnotbesubsequentlyreclassifiedtoprofitorloss.Entitieswhoseassociatesothercomprehensiveincomeincludesitemsthat
maybesubsequentlyreclassifiedtoprofitorlossarerequiredbyparagraph82A(b)topresentthatamountinaseparateline.
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(g)Theincometaxrelatingtoeachcomponentofothercomprehensiveincomeisdisclosedinthenotes.
XYZGroupDisclosureofcomponentsofothercomprehensiveincome
Notes
Yearended31December20X7
20X7
20X6
Exchangedifferencesontranslatingforeignoperations(i)
5,334
10,667
(24,000)
26,667
Cashflowhedges:
Gains(losses)arisingduringtheyear
(4,667)
Less:Reclassificationadjustmentsforgains(losses)includedinprofitorloss
4,000
(4,000)
(667)
(4,000)
933
3,367
(667)
1,333
Shareofothercomprehensiveincomeofassociates
400
(700)
Othercomprehensiveincome
(18,667)
37,334
Incometaxrelatingtocomponentsofothercomprehensiveincome(j)
4,667
(9,334)
Othercomprehensiveincomefortheyear(h)
(14,000)
28,000
(h)Whenanentitychoosesanaggregatedpresentationinthestatementofcomprehensiveincome,theamountsforreclassification
adjustmentsandcurrentyeargainorlossarepresentedinthenotes.
(i) Therewasnodisposalofaforeignoperation.Therefore,thereisnoreclassificationadjustmentfortheyearspresented.
(j) Theincometaxrelatingtoeachcomponentofothercomprehensiveincomeisdisclosedinthenotes.
XYZGroupDisclosureoftaxeffectsrelatingtoeachcomponentofother
comprehensiveincome
Notes
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Yearended31December20X7
20X7
20X6
Beforetax
amount
Tax(expense)
benefit
Netoftax
amount
Beforetax
amount
Tax
Netoftax
(expense)benefit amount
Exchange
differencesontranslating
foreign
operations
5,334
(1,334)
4,000
10,667
(2,667)
8,000
(24,000)
6,000
(18,000)
26,667
(6,667)
20,000
Cashflowhedges
(667)
167
(500)
(4,000)
1,000
(3,000)
Gainson
property
revaluation
933
(333)
600
3,367
(667)
2,700
Remeasurementsofdefinedbenefit
pensionplans
(667)
167
(500)
1,333
(333)
1,000
Shareofothercomprehensive
incomeof
associates
400
400
(700)
(700)
Other
comprehensive
income
(18,667)
4,667
(14,000)
37,334
(9,334)
28,000
XYZGroupStatementofchangesinequityfortheyearended
31December20X7
Share Retained Translationof
Investmentsin
Cashflow Revaluation Total
capital earnings foreignoperations equityinstruments hedges
surplus
Non
controlling
interests
Total
equity
Balanceat
1January20X6
600,000118,100
(4,000)
1,600
2,000
717,70029,800
747,500
Changesinaccounting
policy
400
500
Restatedbalance
600,000118,500
(4,000)
1,600
2,000
718,10029,900
748,000
10,000)
(
10,000)
400
100
Changesinequityfor
20X6
Dividends
(10,000)
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Totalcomprehensive
incomefortheyear(k)
Balanceat
31December20X6
53,200
6,400
16,000
(2,400)
1,600
74,800 18,700
93,500
600,000161,700
2,400
17,600
(400)
1,600
782,90048,600
831,500
Issueofsharecapital
50,000
50,000
50,000
Dividends
(15,000)
15,000)
(
15,000)
Totalcomprehensive
incomefortheyear(l)
96,600
3,200
(14,400)
(400)
800
85,800 21,450
107,250
Transfertoretained
earnings
200
(200)
Balanceat
31December20X7
650,000243,500
5,600
3,200
(800)
2,200
903,70070,050
Changesinequityfor
20X7
973,750
(k)Theamountincludedinretainedearningsfor20X6of53,200representsprofitattributabletoownersoftheparentof52,400plus
actuarialgainsondefinedbenefitpensionplansof800(1,333,lesstax333,lessnoncontrollinginterests200).Theamountincluded
inthetranslation,investmentsinequityinstrumentsandcashflowhedgereservesrepresentothercomprehensiveincomeforeach
component,netoftaxandnoncontrollinginterests,egothercomprehensiveincomerelatedtoinvestmentsinequityinstrumentsfor
20X6of16,000is26,667,lesstax6,667,lessnoncontrollinginterests4,000.Theamountincludedintherevaluationsurplusof
1,600representstheshareofothercomprehensiveincomeofassociatesof(700)plusgainsonpropertyrevaluationof2,300(
3,367,lesstax667,lessnoncontrollinginterests400).Othercomprehensiveincomeofassociatesrelatessolelytogainsorlosses
onpropertyrevaluation.
(l) Theamountincludedinretainedearningsfor20X7of96,600representsprofitattributabletoownersoftheparentof97,000plus
actuariallossesondefinedbenefitpensionplansof400(667,lesstax167,lessnoncontrollinginterests100).Theamountincluded
inthetranslation,investmentsinequityinstrumentsandcashflowhedgereservesrepresentsothercomprehensiveincomeforeach
component,netoftaxandnoncontrollinginterests,egothercomprehensiveincomerelatedtothetranslationofforeignoperations
for20X7of3,200is5,334,lesstax1,334,lessnoncontrollinginterests800.Theamountincludedintherevaluationsurplusof800
representstheshareofothercomprehensiveincomeofassociatesof400plusgainsonpropertyrevaluationof400(933,lesstax
333,lessnoncontrollinginterests200).Othercomprehensiveincomeofassociatesrelatessolelytogainsorlossesonproperty
revaluation.
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