Carrying amount as remeasured immediately before classification as held for sale Allocated impairment loss Carrying amount after allocation of impairment loss CU CU CU Goodwill 1,500 (1,500) 0 Property, plant and equipment (carried at revalued amounts) 4,000 (165) 3,835 Property, plant and equipment (carried at cost) 5,700 (235) 5,465 Inventory 2,200 – 2,200 Investments in equity instruments 1,500 – 1,500 Total 14,900 (1,900) 13,000 IGA10 The table in Example 12 is amended to read as follows: Carrying amount after classification as held for sale Disposal group I: CU Disposal group II: CU Property, plant and equipment 4,900 1,700 Investments in equity instruments 1,400(a) – Liabilities (2,400) (900) Net carrying amount of disposal group 3,900 800 An amount of CU400 relating to these assets has been recognised in other comprehensive income and accumulated in equity.
Nominal amount of the hedging instrument Carrying amount of the hedging instrument Line item in the statement of financial position where the hedging instrument is located Changes in fair value used for calculating hedge ineffectiveness for 20X1 Assets Liabilities Cash flow hedges Commodity price risk - Forward sales contracts xx xx xx Line item XX xx Fair value hedges Interest rate risk - Interest rate swaps xx xx xx Line item XX xx Foreign exchange risk - Foreign currency loan xx xx xx Line item XX xx
IG13D Paragraph 24B of IFRS 7 requires that an entity discloses amounts related to items designated as hedged items in a tabular format. The following example illustrates how that information might be disclosed. Carrying amount of the hedged item Accumulated amount of fair value hedge adjustments on the hedged item included in the carrying amount of the hedged item Line item in the statement of financial position in which the hedged item is included Change in value used for calculating hedge for 20X1 Cash flow hedge reserve Assets Liabilities Assets Liabilities Cash flow hedges Commodity price risk - Forecast sales - Discontinued hedges (forecast sales) n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a xx n/a xx xx Fair value hedges Interest rate risk - Loan payable - Discontinued hedges (Loan payable) – – xx xx – – xx xx Line item XX Line item XX xx n/a n/a n/a Foreign exchange risk - Firm commitment xx xx xx xx Line item XX xx n/a IG13E Paragraph 24C of IFRS 7 requires that an entity discloses amounts that have affected the statement of comprehensive income as a result of applying hedge accounting in a tabular format. The following example illustrates how that information might be disclosed.
Cash flow hedges(a) Separate line item recognised in profit or loss as a result of a hedge of a net position(b) Change in the value of the hedging instrument recognised in other comprehensive income Hedge ineffectiveness recognised in profit or loss Line item in profit or loss (that includes hedge ineffectiveness) Amount reclassified from the cash flow hedge reserve to profit or loss Line item affected in profit or loss because of the reclassification Commodity price risk Commodity X - Discontinued hedge n/a n/a xx n/a xx n/a Line item XX n/a xx xx Line item XX Line item XX (a) The information disclosed in the statement of changes in equity (cash flow hedge reserve) should have the same level of detail as these disclosures. (b) This disclosure only applies to cash flow hedges of foreign currency risk. Fair value hedges Ineffectiveness recognised in profit or loss Line item(s) in profit or loss (that include(s) hedge ineffectiveness) Interest rate risk xx Line item XX Foreign exchange risk xx Line item XX IAS 1 Presentation of Financial Statements IGA15 The heading above paragraph IG7 and paragraphs IG7–IG9 are deleted. Paragraph IG2 is amended to read as follows: IG2 The guidance is in two sections. Paragraphs IG3–IG6 provide examples of the presentation of financial statements. Paragraphs IG7–IG9 have been deleted. Paragraphs IG10 and IG11 provide examples of capital disclosures. IGA16 In the illustrative financial statements, references to ‘Available-for-sale financial assets’ are replaced by ‘Investments in equity instruments’. In the single statement of comprehensive income the reference to footnote (b) against the deleted line item ‘Available-for-sale financial assets’ is deleted. The heading and table ‘Disclosure of components of other comprehensive income’ are amended to read as follows: