IE33-Example 8 Entities with some equity

Last Updated on 12/02/2020 by 75385885

IAS 32 Financial Instruments: PresentationIE33-Example 8 Entities with some equity

IE33-Example 8 Entities with some equity

The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities whose share capital is not equity as defined in IAS 32 because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D. Other formats are possible.

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

  20×1   20×0
  CU   CU
       
Revenue 472   498
Expenses (classified by nature or function) -367   -396
       
Finance costs      
– other finance costs -4   -4
– distributions to members -50   -50
Change in net assets attributable to members 51   48
     

Statement of financial position at 31 December 20X1

20×1

20×0

CU

CU

CU

CU

ASSETS

Non-current assets (classification as per IAS 1)

908

830

Total non-current assets

908

830

Current assets (classification as per IAS 1)

383

350

Total current assets

383

350

Total assets

1,291

1,180

LIABILITIES

Current liabilities (classification as per IAS 1)

372

338

Share capital repayable in demend

202

161

Total current liabilities

-574

-499

Total assets less current liabilities

717

681

Non-current liabilities (classification as per IAS 1)

-187

-196

187

196

OTHER COMPONENTS OF EQUITY1

Reserves eg revaluation surplus, retained earnings etc

-530

-485

530

485

717

681

 

Source EU rules on financial information disclosed by companies

 

Last Updated on 12/02/2020 by 75385885

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The following example illustrates a format of a statement of comprehensive income and statement of financial position that may be used by entities whose share capital is not equity as defined in IAS 32 because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D.

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 whose share capital is not equity as defined in IAS 32 because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D. 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 whose share capital is not equity as defined in IAS 32 because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D.

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 whose share capital is not equity as defined in IAS 32 because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D. 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 whose share capital is not equity as defined in IAS 32 because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D.

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 whose share capital is not equity as defined in IAS 32 because the entity has an obligation to repay the share capital on demand but does not have all the features or meet the conditions in paragraphs 16A and 16B or paragraphs 16C and 16D. Other formats are possible.