Document ID: chunk:federal_register_of_legislation:F2025C00209:front:0:p9
Version: federal_register_of_legislation:F2025C00209
Segment Type: other
Provision Reference: 
Character Range: 24284–28022

the presentation currency, as defined in AASB 121 The Effects of Changes in Foreign Exchange Rates; and
           5.                     the level of rounding, if any, used in presenting amounts in the financial statements.
          [IFRS for SMEs Standard paragraph 3.23]

      1.                     An entity shall disclose the following, if not disclosed elsewhere in information published with the financial statements:
           1.                     the domicile and legal form of the entity, its country of incorporation and the address of its registered office (or principal place of business, if different from the registered office); and
           2.                    a description of the nature of the entity's operations and its principal activities.
          [IFRS for SMEs Standard paragraph 3.24]

Presentation of information not required by this Standard
      1.                     This Standard does not address presentation of segment information (AASB 8 Operating Segments), earnings per share (AASB 133 Earnings per Share), or interim financial reports (AASB 134). An entity making such disclosures shall apply the relevant Standards in preparing and presenting the information. [IFRS for SMEs Standard paragraph 3.25]

Statement of Financial Position[3]

Scope of this section
      1.                     This section sets out the information that is to be presented in a statement of financial position and how to present it. The statement of financial position (sometimes called the balance sheet) presents an entity's assets, liabilities and equity as of a specific date – the end of the reporting period. [IFRS for SMEs Standard paragraph 4.1]

Information to be presented in the statement of financial position
      1.                     As a minimum, the statement of financial position shall include line items that present the following amounts:
           1.                     cash and cash equivalents;
           2.                    trade and other receivables;
           3.                     financial assets (excluding amounts shown under (a), (b), (i) and (j));
           4.                    inventories;
           5.                     property, plant and equipment;
           6.                     investment property;
           7.                    intangible assets;
           8.                    biological assets;
           9.                      investments in associates;
          10.                      investments in joint ventures;
          11.                    trade and other payables;
          12.                      financial liabilities (excluding amounts shown under (k) and (o));
          13.                  liabilities and assets for current tax;
          14.                    deferred tax liabilities and deferred tax assets (these shall always be classified as non-current);
          15.                    provisions;
          16.                    non-controlling interests, presented within equity separately from the equity attributable to the owners of the parent;
          17.                    equity attributable to the owners of the parent;
          18.                     the total of assets classified as held for sale and assets included in disposal groups classified as held for sale in accordance with AASB 5 Non-current Assets Held for Sale and Discontinued Operations; and
          19.                     liabilities included in disposal groups classified as held for sale in accordance with AASB 5.
          [Based on IFRS for SMEs Standard paragraph 4.2]

      1.                     An entity shall present additional line items, headings and subtotals in the statement of financial position when such