IE32-Example 7 Entities with no equity

Last Updated on 12/02/2020 by 75385885

IAS 32 Financial Instruments: PresentationIE32-Example 7 Entities with no equity

IE32-Example 7 Entities with no equity

Entities such as mutual funds and co-operatives whose share capital is not equity as defined in IFRS 32

The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible.

Statement of comprehensive income for the year ended 31 December 20X1

20×1 20×0
CU CU
Revenue 2,956 1,718
Expenses (classified by nature or function) -644 -614
Profit from operating activities 2,312 1,104
Finance costs
– Other finance costs -47 -47
– Distributions to unitholders -50 -50
Change in net assets attributable to unitholders 2,215 1,007

Statement of financial position at 31 December 20X1

20×1 20×0
CU CU
ASSETS
Non-current assets (classified as per IAS 1) 91,374 78,484
Total non-current assets 91,374 78,484
Current assets 1,422 1,769
Total current assets 1,422 1,769
LIABILITIES
Current liabilities (classified as per IAS 1) 647 66
Total current liabilities -647 -66
Non-current liabilities excluding attrbutable to unitholders (classified as per IAS 1) 280 136
-280 -136
Net assets attributable to unitholders 91,869 80,051

 

Source EU rules on financial information disclosed by companies

 

Last Updated on 12/02/2020 by 75385885

Excerpts from IFRS Standards come from the Official Journal of the European Union (© European Union, https://eur-lex.europa.eu). Individual jurisdictions around the world may require or permit the use of (locally authorised and/or amended) IFRS Standards for all or some publicly listed companies.  The information provided on this website is for general information and educational purposes only and should not be used as a substitute for professional advice. The specific status of IFRS Standards should be checked in each individual jurisdiction. Use at your own risk. Annualreporting is an independent website and it is not affiliated with, endorsed by, or in any other way associated with the IFRS Foundation. For official information concerning IFRS Standards, visit IFRS.org or the local representative in your jurisdiction.

IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity IE32-Example 7 Entities with no equity

The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible.

The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible.

The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible.

The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible. The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities such as mutual funds that do not have equity as defined in IFRS 32. Other formats are possible.