Document ID: chunk:federal_register_of_legislation:F2025C00209:front:0:p27
Version: federal_register_of_legislation:F2025C00209
Segment Type: other
Provision Reference: 
Character Range: 79549–83011

for its financial position and performance. For example, for long-term debt such information would normally include the terms and conditions of the debt instrument (such as interest rate, maturity, repayment schedule, and restrictions that the debt instrument imposes on the entity). [IFRS for SMEs Standard paragraph 11.42]
      2.                  For all financial assets and financial liabilities measured at fair value, the entity shall disclose the basis for determining fair value, for example, quoted market price in an active market or a valuation technique. When a valuation technique is used, the entity shall disclose the assumptions applied in determining fair value for each class of financial assets or financial liabilities. For example, if applicable, an entity discloses information about the assumptions relating to prepayment rates, rates of estimated credit losses, and interest rates or discount rates. [IFRS for SMEs Standard paragraph 11.43]

Derecognition
      1.                  If an entity has transferred financial assets to another party in a transaction that does not qualify for derecognition (see paragraph 3.2.15 of AASB 9), the entity shall disclose the following for each class of such financial assets:
           1.                    the nature of the assets;
           2.                    the nature of the risks and rewards of ownership to which the entity remains exposed; and
           3.                    the carrying amounts of the assets and of any associated liabilities that the entity continues to recognise.
          [IFRS for SMEs Standard paragraph 11.45]

Collateral
      1.                  When an entity has pledged financial assets as collateral for liabilities or contingent liabilities, it shall disclose the following:
           1.                    the carrying amount of the financial assets pledged as collateral; and
           2.                    the terms and conditions relating to its pledge.
          [IFRS for SMEs Standard paragraph 11.46]

Defaults and breaches on loans payable
      1.                  For loans payable recognised at the reporting date for which there is a breach of terms or a default of principal, interest, sinking fund or redemption terms that have not been remedied by the reporting date, an entity shall disclose the following:
           1.                    details of that breach or default;
           2.                    the carrying amount of the related loans payable at the reporting date; and
           3.                    whether the breach or default was remedied, or the terms of the loans payable were renegotiated, before the financial statements were authorised for issue.
          [IFRS for SMEs Standard paragraph 11.47]

Items of income, expense, gains or losses
      1.                  An entity shall disclose the following items of income, expense, gains or losses:
           1.                    income, expense, gains or losses, including changes in fair value, recognised on:
                1.                      financial assets measured at fair value through profit or loss;
                2.                    financial liabilities measured at fair value through profit or loss;
                3.                  financial assets measured at amortised cost;
                4.                  financial liabilities measured at amortised cost;
                5.                    investments in equity