Document ID: chunk:federal_register_of_legislation:F2024L00708:body:0:p60
Version: federal_register_of_legislation:F2024L00708
Segment Type: other
Provision Reference: 
Character Range: 160084–163236

from related parties, prepayments and other amounts;
(c) inventories disaggregated, applying AASB 102, into items such as merchandise, production supplies, materials, work in progress and finished goods;
(d) trade payables disaggregated, applying AASB 107, to provide separately the amounts of those payables that are part of supplier finance arrangements;
(e) provisions disaggregated according to their nature, such as, provisions for employee benefits, decommissioning liabilities, or other items; and
(f) equity capital and reserves disaggregated into various classes, such as paid-in capital, share premium and reserves.

Notes

Structure
B112 Paragraph 114 requires an entity to present notes in a systematic manner, so far as is practicable. Examples of systematic ordering or grouping of the notes include:
(a) giving prominence to the areas of its activities that an entity considers to be most important to an understanding of its financial performance and financial position, such as grouping together information about particular business activities;
(b) grouping together information about items measured similarly such as assets measured at fair value; or
(c) following the order of the line items in the statement(s) of financial performance and the statement of financial position, such as:
(i) statement of compliance with Australian Accounting Standards (see paragraph 6B of AASB 108);
(ii) material accounting policy information (see paragraph 27A of AASB 108);
(iii) supporting information for items presented in the statement of financial position, the statement(s) of financial performance, the statement of changes in equity and the statement of cash flows, in the order in which each statement is provided and each line item is presented; and
(iv) other disclosures, including:
(1) contingent liabilities (see AASB 137) and unrecognised contractual commitments; and
(2) non-financial disclosures – for example an entity's financial risk management objectives and policies (see AASB 7).

Management-defined performance measures

Identification of management-defined performance measures
B113 Paragraph 117 defines management-defined performance measures. An entity might have no management-defined performance measures, one management-defined performance measure or more than one. For example, an entity that publicly communicates its financial performance to users of financial statements using only totals and subtotals required to be presented or disclosed by Australian Accounting Standards does not have a management-defined performance measure.
B114 To meet the definition of a management-defined performance measure, the measure must communicate to users of financial statements management's view of an aspect of the financial performance of the entity as a whole. For example, if a subtotal of income and expenses that relates to a reportable segment disclosed in accordance with AASB 8 does not provide information about an aspect of the financial performance of the entity as a whole, that subtotal cannot meet the definition of a management-defined performance measure.
B115 However, sometimes a subtotal of income and