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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

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IFRSTaxonomy2015Illustrativeexamples
Statementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity
ExamplesfromIAS1(IG6)representingwaysinwhichtherequirementsofIAS1forthepresentationofthestatementsoffinancial
position,comprehensiveincomeandstatementofchangesinequitymightbemetusingdetailedXBRLtaggingwiththeuseofXBRL
footnotes.
XYZGroupStatementoffinancialpositionasat31December20X7
(inthousandsofcurrencyunits)
31Dec20X7

31Dec20X6

Property,plantandequipment

350,700

360,020

Goodwill

80,800

91,200

Otherintangibleassets

227,470

227,470

Investmentsinassociates

100,150

110,770

Investmentsinequityinstruments

142,500

156,000

901,620

945,460

Inventories

135,230

132,500

Tradereceivables

91,600

110,800

Othercurrentassets

25,650

12,540

Cashandcashequivalents

312,400

322,900

564,880

578,740

1,466,500

1,524,200

ASSETS
Noncurrentassets

Currentassets

Totalassets

XYZGroupStatementoffinancialpositionasat31December20X7
(inthousandsofcurrencyunits)

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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

EQUITYANDLIABILITIES
Equityattributabletoownersoftheparent
Sharecapital

650,000

600,000

Retainedearnings

243,500

161,700

Othercomponentsofequity

10,200

21,200

903,700

782,900

Noncontrollinginterests

70,050

48,600

Totalequity

973,750

831,500

Longtermborrowings

120,000

160,000

Deferredtax

28,800

26,040

Longtermprovisions

28,850

52,240

Totalnoncurrentliabilities

177,650

238,280

Tradeandotherpayables

115,100

187,620

Shorttermborrowings

150,000

200,000

Currentportionoflongtermborrowings

10,000

20,000

Currenttaxpayable

35,000

42,000

Shorttermprovisions

5,000

4,800

Totalcurrentliabilities

315,100

454,420

Totalliabilities

492,750

692,700

Totalequityandliabilities

1,466,500

1,524,200

Noncurrentliabilities

Currentliabilities

ExamplesofstatementofprofitorlossandothercomprehensiveincomewhenIFRS9Financial
Instrumentsisapplied
XYZGroupStatementofcomprehensiveincomefortheyearended
31December20X7
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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

(illustratingthepresentationofprofitorlossandothercomprehensiveincomeinonestatementandtheclassificationof
expenseswithinprofitorlossbyfunction)

(inthousandsofcurrencyunits)
20X7

20X6

Revenue

390,000

355,000

Costofsales

(238,000)

(219,500)

Grossprofit

152,000

135,500

Otherincome

20,667

11,300

Distributioncosts

(9,000)

(8,700)

Administrativeexpenses

(20,000)

(21,000)

Otherexpenses

(2,100)

(1,200)

Financecosts

(15,000)

(18,000)

Shareofprofitofassociates(a)

35,100

30,100

Profitbeforetax

161,667

128,000

Incometaxexpense

(40,417)

(32,000)

Profitfortheyearfromcontinuingoperations

121,250

96,000

Lossfortheyearfromdiscontinuedoperations

(30,500)

PROFITFORTHEYEAR

121,250

65,500

Gainsonpropertyrevaluation

933

3,367

Investmentsinequityinstruments

(24,000)

26,667

Remeasurementsofdefinedbenefitpensionplans

(667)

1,333

Shareofothercomprehensiveincomeofassociates(c)

400

(700)

Incometaxrelatingtoitemsthatwillnotbereclassified(d)

5,834

(7,667)

(17,500)

23,000

Othercomprehensiveincome:
Itemsthatwillnotbereclassifiedtoprofitorloss:

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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

Itemsthatmaybereclassifiedsubsequentlytoprofitorloss:
Exchangedifferencesontranslatingforeignoperations(b)

5,334

10,667

Cashflowhedges(b)

(667)

(4,000)

Incometaxrelatingtoitemsthatmaybereclassified(d)

(1,167)

(1,667)

3,500

5,000

Othercomprehensiveincomefortheyear,netoftax

(14,000)

28,000

TOTALCOMPREHENSIVEINCOMEFORTHEYEAR

107,250

93,500

XYZGroupStatementofcomprehensiveincomefortheyearended
31December20X7
(illustratingthepresentationofcomprehensiveincomeinone
statementandtheclassificationofexpenseswithinprofitbyfunction)
(inthousandsofcurrencyunits)

20X7

20X6

Ownersoftheparent

97,000

52,400

Noncontrollinginterests

24,250

13,100

121,250

65,500

Ownersoftheparent

85,800

74,800

Noncontrollinginterests

21,450

18,700

107,250

93,500

0.46

0.30

Profitattributableto:

Totalcomprehensiveincomeattributableto:

Earningspershare(incurrencyunits):
Basicanddiluted

Alternatively,componentsofothercomprehensiveincomecouldbepresentedinthestatementofcomprehensiveincomenetoftax:
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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

Othercomprehensiveincomefortheyear,aftertax:

20X7

20X6

Gainsonpropertyrevaluation

600

2,700

Investmentsinequityinstruments

(18,000)

20,000

Remeasurementsofdefinedbenefitpensionplans

(500)

1,000

Shareofothercomprehensiveincomeofassociates

400

(700)

(17,500)

23,000

Exchangedifferencesontranslatingforeignoperations

4,000

8,000

Cashflowhedges

(500)

(3,000)

3,500

5,000

(14,000)

28,000

Itemsthatwillnotbereclassifiedtoprofitorloss:

Itemsthatmaybereclassifiedsubsequentlytoprofitorloss:

Othercomprehensiveincomefortheyear,netoftax(d)

(a)Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxand
noncontrollinginterestsintheassociates.Inthisexample,theothercomprehensiveincomeofassociatesconsistsonlyofitemsthat
willnotbesubsequentlyreclassifiedtoprofitorloss.Entitieswhoseassociatesothercomprehensiveincomeincludesitemsthatmay
besubsequentlyreclassifiedtoprofitorlossarerequiredbyparagraph82A(b)topresentthatamountinaseparateline.
(b)Thisillustratestheaggregatedpresentation,withdisclosureofthecurrentyeargainorlossandreclassificationadjustment
presentedinthenotes.Alternatively,agrosspresentationcanbeused.
(c)Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxand
noncontrollinginterestsintheassociates.Inthisexample,theothercomprehensiveincomeofassociatesconsistsonlyofitemsthat
willnotbesubsequentlyreclassifiedtoprofitorloss.Entitieswhoseassociatesothercomprehensiveincomeincludesitemsthatmay
besubsequentlyreclassifiedtoprofitorlossarerequiredbyparagraph82A(b)topresentthatamountinaseparateline.
(d)Theincometaxrelatingtoeachcomponentofothercomprehensiveincomeisdisclosedinthenotes.

XYZGroupIncomestatementfortheyearended31December20X7
(illustratingthepresentationofcomprehensiveincomeintwostatementsandclassificationofexpenseswithinprofitby
nature)
(inthousandsofcurrencyunits)
20X7

20X6

Revenue

390,000

355,000

Otherincome

20,667

11,300

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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

Changesininventoriesoffinishedgoodsandworkinprogress

(115,100)

(107,900)

Workperformedbytheentityandcapitalised

16,000

15,000

Rawmaterialandconsumablesused

(96,000)

(92,000)

Employeebenefitsexpense

(45,000)

(43,000)

Depreciationandamortisationexpense

(19,000)

(17,000)

Impairmentofproperty,plantandequipment

(4,000)

Otherexpenses

(6,000)

(5,500)

Financecosts

(15,000)

(18,000)

Shareofprofitofassociates(e)

35,100

30,100

Profitbeforetax

161,667

128,000

Incometaxexpense

(40,417)

(32,000)

Profitfortheyearfromcontinuingoperations

121,250

96,000

Lossfortheyearfromdiscontinuedoperations

(30,500)

PROFITFORTHEYEAR

121,250

65,500

Ownersoftheparent

97,000

52,400

Noncontrollinginterests

24,250

13,100

121,250

65,500

0.46

0.30

Profitattributableto:

Earningspershare(incurrencyunits):
Basicanddiluted

(e)Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxand
noncontrollinginterestsintheassociates.Inthisexample,theothercomprehensiveincomeofassociatesconsistsonlyofitemsthat
willnotbesubsequentlyreclassifiedtoprofitorloss.Entitieswhoseassociatesothercomprehensiveincomeincludesitemsthatmay
besubsequentlyreclassifiedtoprofitorlossarerequiredbyparagraph82A(b)topresentthatamountinaseparateline.

XYZGroupStatementofcomprehensiveincomefortheyearended
31December20X7
(illustratingthepresentationofcomprehensiveincomeintwostatements)

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(inthousandsofcurrencyunits)
20X7

20X6

121,250

65,500

Gainsonpropertyrevaluation

933

3,367

Investmentsinequityinstruments

(24,000)

26,667

Remeasurementsofdefinedbenefitpensionplans

(667)

1,333

Shareofgainothercomprehensiveincomeofassociates(f)

400

(700)

Incometaxrelatingtoitemsthatwillnotbereclassified(g)

5,834

(7,667)

(17,500)

23,000

Exchangedifferencesontranslatingforeignoperations

5,334

10,667

Cashflowhedges

(667)

(4,000)

Incometaxrelatingtoitemsthatmaybereclassified(g)

(1,167)

(1,667)

3,500

5,000

Othercomprehensiveincomefortheyear,netoftax

(14,000)

28,000

TOTALCOMPREHENSIVEINCOMEFOR
THEYEAR

107,250

93,500

Ownersoftheparent

85,800

74,800

Noncontrollinginterests

21,450

18,700

107,250

93,500

Profitfortheyear
Othercomprehensiveincome:
Itemsthatwillnotbereclassifiedtoprofitorloss:

Itemsthatmaybereclassifiedsubsequentlytoprofitorloss:

Totalcomprehensiveincomeattributableto:

Alternatively,componentsofothercomprehensiveincomecouldbepresented,netoftax.Refertothestatementofcomprehensive
incomeillustratingthepresentationofincomeandexpensesinonestatement.
(f) Thismeanstheshareofassociatesothercomprehensiveincomeattributabletoownersoftheassociates,ieitisaftertaxandnon
controllinginterestsintheassociates.Inthisexample,theothercomprehensiveincomeofassociatesconsistsonlyofitemsthat
willnotbesubsequentlyreclassifiedtoprofitorloss.Entitieswhoseassociatesothercomprehensiveincomeincludesitemsthat
maybesubsequentlyreclassifiedtoprofitorlossarerequiredbyparagraph82A(b)topresentthatamountinaseparateline.
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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

(g)Theincometaxrelatingtoeachcomponentofothercomprehensiveincomeisdisclosedinthenotes.

XYZGroupDisclosureofcomponentsofothercomprehensiveincome
Notes
Yearended31December20X7
(inthousandsofcurrencyunits)
20X7

20X6

Exchangedifferencesontranslatingforeignoperations(i)

5,334

10,667

Investmentsinequityinstruments

(24,000)

26,667

Othercomprehensiveincome:

Cashflowhedges:
Gains(losses)arisingduringtheyear

(4,667)

Less:Reclassificationadjustmentsforgains(losses)includedinprofitorloss

4,000

(4,000)
(667)

(4,000)

Gainsonpropertyrevaluation

933

3,367

Remeasurementsofdefinedbenefitpensionplans

(667)

1,333

Shareofothercomprehensiveincomeofassociates

400

(700)

Othercomprehensiveincome

(18,667)

37,334

Incometaxrelatingtocomponentsofothercomprehensiveincome(j)

4,667

(9,334)

Othercomprehensiveincomefortheyear(h)

(14,000)

28,000

(h)Whenanentitychoosesanaggregatedpresentationinthestatementofcomprehensiveincome,theamountsforreclassification
adjustmentsandcurrentyeargainorlossarepresentedinthenotes.
(i) Therewasnodisposalofaforeignoperation.Therefore,thereisnoreclassificationadjustmentfortheyearspresented.
(j) Theincometaxrelatingtoeachcomponentofothercomprehensiveincomeisdisclosedinthenotes.

XYZGroupDisclosureoftaxeffectsrelatingtoeachcomponentofother
comprehensiveincome
Notes

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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

Yearended31December20X7
(inthousandsofcurrencyunits)
20X7

20X6

Beforetax
amount

Tax(expense)
benefit

Netoftax
amount

Beforetax
amount

Tax
Netoftax
(expense)benefit amount

Exchange
differencesontranslating
foreign
operations

5,334

(1,334)

4,000

10,667

(2,667)

8,000

Investmentsinequityinstruments

(24,000)

6,000

(18,000)

26,667

(6,667)

20,000

Cashflowhedges

(667)

167

(500)

(4,000)

1,000

(3,000)

Gainson
property
revaluation

933

(333)

600

3,367

(667)

2,700

Remeasurementsofdefinedbenefit
pensionplans

(667)

167

(500)

1,333

(333)

1,000

Shareofothercomprehensive
incomeof
associates

400

400

(700)

(700)

Other
comprehensive
income

(18,667)

4,667

(14,000)

37,334

(9,334)

28,000

XYZGroupStatementofchangesinequityfortheyearended
31December20X7
(inthousandsofcurrencyunits)
Share Retained Translationof
Investmentsin
Cashflow Revaluation Total
capital earnings foreignoperations equityinstruments hedges
surplus

Non
controlling
interests

Total
equity

Balanceat
1January20X6

600,000118,100

(4,000)

1,600

2,000

717,70029,800

747,500

Changesinaccounting
policy

400

500

Restatedbalance

600,000118,500

(4,000)

1,600

2,000

718,10029,900

748,000

10,000)

(
10,000)

400

100

Changesinequityfor
20X6
Dividends

(10,000)

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IllustrativeexamplesStatementoffinancialposition,statementofcomprehensiveincome,andstatementofchangesinequity

Totalcomprehensive
incomefortheyear(k)

Balanceat
31December20X6

53,200

6,400

16,000

(2,400)

1,600

74,800 18,700

93,500

600,000161,700

2,400

17,600

(400)

1,600

782,90048,600

831,500

Issueofsharecapital

50,000

50,000

50,000

Dividends

(15,000)

15,000)

(
15,000)

Totalcomprehensive
incomefortheyear(l)

96,600

3,200

(14,400)

(400)

800

85,800 21,450

107,250

Transfertoretained
earnings

200

(200)

Balanceat
31December20X7

650,000243,500

5,600

3,200

(800)

2,200

903,70070,050

Changesinequityfor
20X7

973,750

(k)Theamountincludedinretainedearningsfor20X6of53,200representsprofitattributabletoownersoftheparentof52,400plus
actuarialgainsondefinedbenefitpensionplansof800(1,333,lesstax333,lessnoncontrollinginterests200).Theamountincluded
inthetranslation,investmentsinequityinstrumentsandcashflowhedgereservesrepresentothercomprehensiveincomeforeach
component,netoftaxandnoncontrollinginterests,egothercomprehensiveincomerelatedtoinvestmentsinequityinstrumentsfor
20X6of16,000is26,667,lesstax6,667,lessnoncontrollinginterests4,000.Theamountincludedintherevaluationsurplusof
1,600representstheshareofothercomprehensiveincomeofassociatesof(700)plusgainsonpropertyrevaluationof2,300(
3,367,lesstax667,lessnoncontrollinginterests400).Othercomprehensiveincomeofassociatesrelatessolelytogainsorlosses
onpropertyrevaluation.

(l) Theamountincludedinretainedearningsfor20X7of96,600representsprofitattributabletoownersoftheparentof97,000plus
actuariallossesondefinedbenefitpensionplansof400(667,lesstax167,lessnoncontrollinginterests100).Theamountincluded
inthetranslation,investmentsinequityinstrumentsandcashflowhedgereservesrepresentsothercomprehensiveincomeforeach
component,netoftaxandnoncontrollinginterests,egothercomprehensiveincomerelatedtothetranslationofforeignoperations
for20X7of3,200is5,334,lesstax1,334,lessnoncontrollinginterests800.Theamountincludedintherevaluationsurplusof800
representstheshareofothercomprehensiveincomeofassociatesof400plusgainsonpropertyrevaluationof400(933,lesstax
333,lessnoncontrollinginterests200).Othercomprehensiveincomeofassociatesrelatessolelytogainsorlossesonproperty
revaluation.

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