Document ID: chunk:federal_register_of_legislation:F2024L00708:body:0:p122
Version: federal_register_of_legislation:F2024L00708
Segment Type: other
Provision Reference: 
Character Range: 337398–344089

Statement of financial position at 31 December 20X1

                                                                                                                                     20X1                  20X0
                                                                                                                          CU         CU         CU         CU
ASSETS
Non-current assets (classified in accordance with AASB 18
AASB 101)                                                                                                                 91,374                78,484
Total non-current assets                                                                                                             91,374                78,484
Current assets (classified in accordance with AASB 18
AASB 101)                                                                                                                 1,422                 1,769
Total current assets                                                                                                                 1,422                 1,769
Total assets                                                                                                                         92,796                80,253

LIABILITIES
Current liabilities (classified in accordance with AASB 18
AASB 101)                                                                                                                 647                   66
Total current liabilities                                                                                                            (647)                 (66)
Non-current liabilities excluding net assets attributable to unitholders (classified in accordance with AASB 18AASB 101)  280                   136
                                                                                                                                     (280)                 (136)
Net assets attributable to unitholders                                                                                               91,869                80,051

Example 8: Entities with some equity
IE33 The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities that do not provide financing to customers as a main business activity and whose share capital is not equity as defined in AASB 132. The entities' share capital is not classified as equity because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D. Other formats are possible.

Statement of comprehensive income for the year ended 31 December 20X1

                                                                         20X1      20X0
                                                                         CU        CU
Revenue                                                                  472       498
Expenses (classified by nature or function, in accordance with AASB 18)  (367)     (396)
Operating profit/profit before financing
Profit from operating activities                                         105       102
Finance costs
Interest expenses– other finance costs                                   (4)       (4)
Distributions– distributions to members                                  (50)      (50)
Change in net assets attributable to members                             51        48

Statement of financial position at 31 December 20X1

                                                                                                                20X1              20X0
                                                                                                        CU      CU        CU      CU
ASSETS
Non-current assets (classified in accordance with AASB 18
AASB 101)                                                                                               908               830
Total non-current assets                                                                                        908               830
Current assets (classified in accordance with AASB 18
AASB 101)                                                                                               383               350
Total current assets                                                                                            383               350
Total assets                                                                                                    1,291             1,180
LIABILITIES
Current liabilities (classified in accordance with AASB 18
AASB 101)                                                                                               372               338
Share capital repayable on demand                                                                       202               161
Total current liabilities                                                                                       (574)             (499)
Total assets less current liabilities                                                                           717               681

Non-current liabilities (classified in accordance with AASB 18AASB 101)                                 187               196
                                                                                                                (187)             (196)

OTHER COMPONENTS OF EQUITY(a)
Reserves eg revaluation surplus, retained earnings etc                                                  530               485
                                                                                                                530               485
                                                                                                                717               681

MEMORANDUM NOTE – Total members' interests
Share capital repayable on demand                                                                               202               161
Reserves                                                                                                        530               485
                                                                                                                732               646

  (a) In this example, the entity has no obligation to deliver a share of its reserves to its members.

AASB 133 Earnings per Share (August 2015)
Paragraphs 4A, 13 and 67A–68A are amended, paragraphs 73–73A are deleted and paragraphs 73B–73C and 74F are added. New text is underlined and deleted text is struck through.