Document ID: chunk:federal_register_of_legislation:F2023C00406:body:0:p61
Version: federal_register_of_legislation:F2023C00406
Segment Type: other
Provision Reference: 
Character Range: 159575–163023

value of CU1,000 with the same terms as described in Example 11. On 1 January 20X1, to induce the holder to convert the convertible debenture promptly, Entity A reduces the conversion price to CU20 if the debenture is converted before 1 March 20X1 (ie within 60 days).
IE49 Assume the market price of Entity A's ordinary shares on the date the terms are amended is CU40 per share. The fair value of the incremental consideration paid by Entity A is calculated as follows:

Number of ordinary shares to be issued to debenture holders under amended conversion terms:
Face amount                                                                                   CU1,000
New conversion price                                                                          /CU20    per share
Number of ordinary shares to be issued on conversion                                          50       shares

Number of ordinary shares to be issued to debenture holders under original conversion terms:
Face amount                                                                                   CU1,000
Original conversion price                                                                     /CU25    per share
Number of ordinary shares to be issued on conversion                                          40       shares

Number of incremental ordinary shares issued upon conversion                                  10       shares

Value of incremental ordinary shares issued upon conversion
CU40 per share x 10 incremental shares                                                        CU400

IE50 The incremental consideration of CU400 is recognised as a loss in profit or loss.

Compilation details
Accounting Standard AASB 132 Financial Instruments: Presentation (as amended)
Compilation details are not part of AASB 132.
This compiled Standard applies to annual periods beginning on or after 1 January 2023 but before 1 July 2026.  It takes into account amendments up to and including 15 December 2022 and was prepared on 6 April 2023 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB.  Instead, it is a representation of AASB 132 (August 2015) as amended by other Accounting Standards, which are listed in the table below.

Table of Standards
Standard     Date made    FRL identifier  Commence-ment date  Effective date          Application, saving or transitional provisions
                                                              (annual periods
                                                              … on or after …)
AASB 132     7 Aug 2015   F2015L01605     31 Dec 2017         (beginning) 1 Jan 2018  see (a) below
AASB 16      23 Feb 2016  F2016L00233     31 Dec 2018         (beginning) 1 Jan 2019  see (b) below
AASB 2016-7  9 Dec 2016   F2017L00043     31 Dec 2016         (beginning) 1 Jan 2017  see (c) below
AASB 17      19 Jul 2017  F2017L01184     31 Dec 2022         (beginning) 1 Jan 2023  see (d) below
AASB 2019-1  21 May 2019  F2019L00966     31 Dec 2019         (beginning) 1 Jan 2020  see (e) below
AASB 2021-7  20 Dec 2021  F2021L01883     31 Dec 2021         (beginning) 1 Jan 2022  see (f) below
AASB 2022-8  15 Dec 2022  F2023L00014     31 Dec 2022         (beginning) 1 Jan 2023  see (g) below
AASB 2022-9  15 Dec 2022  F2023L00015     30 Jun 2026         (beginning) 1 Jul 2026  not compiled*

   * The amendments made by