ANNUAL REPORT 2014
49
NOTES TO THE
FINANCIAL STATEMENTS
1.
Basis of preparation (continued)
(a) Statement of compliance (continued)
MFRSs, Interpretations and amendments effective for annual periods beginning on or after
1 January 2016
l
Amendments to MFRS 5,
Non-current Assets Held for Sale and Discontinued Operations (Annual
Improvements 2012-2014 Cycle)
l
Amendments to MFRS 7,
Financial Instruments: Disclosures (Annual Improvements 2012-2014 Cycle)
l
Amendments to MFRS 10,
Consolidated Financial Statements and MFRS 128, Investments in
Associates and Joint Ventures – Sale or Contribution of Assets between an Investor and its Associate
or Joint Venture
l
Amendments to MFRS 10,
Consolidated Financial Statements, MFRS 12, Disclosure of Interests in
Other Entities and MFRS 128, Investments in Associates and Joint Ventures - Investment Entities:
Applying the Consolidation Exception
l
Amendments to MFRS 11,
Joint Arrangements – Accounting for Acquisitions of Interests in Joint
Operations
l
MFRS 14,
Regulatory Deferral Accounts
l
Amendments to MFRS 101,
Presentation of Financial Statements – Disclosure Initiative
l
Amendments to MFRS 116,
Property, Plant and Equipment and MFRS 138, Intangible Assets -
Clarification of Acceptable Methods of Depreciation and Amortisation
l
Amendments to MFRS 116,
Property, Plant and Equipment and MFRS 141, Agriculture – Agriculture:
Bearer Plants
l
Amendments to MFRS 119,
Employee Benefits (Annual Improvements 2012-2014 Cycle)
l
Amendments to MFRS 127,
Separate Financial Statements - Equity Method in Separate Financial
Statements
l
Amendments to MFRS 134,
Interim Financial Reporting (Annual Improvements 2012-2014 Cycle)
MFRSs, Interpretations and amendments effective for annual periods beginning on or after
1 January 2017
l
MFRS 15,
Revenue from Contracts with Customers
MFRSs, Interpretations and amendments effective for annual periods beginning on or after
1 January 2018
l
MFRS 9,
Financial Instruments (2014)
The Group plans to apply the abovementioned accounting standards, amendments and interpretations:
l
from the annual period beginning on 1 January 2015 for those accounting standards, amendments
or interpretations that are effective for annual periods beginning on or after 1 July 2014, except for
Amendments to MFRS 2 which is not applicable to the Group.
l
from the annual period beginning on 1 January 2016 for those accounting standards, amendments or
interpretations that are effective for annual periods beginning on or after 1 January 2016, except for
Amendments to MFRS 5 and Amendments to MFRS 14, which are not applicable to the Group.
l
from the annual period beginning on 1 January 2017 for the accounting standard that is effective for
annual periods beginning on or after 1 January 2017.
l
from the annual period beginning on 1 January 2018 for the accounting standard that is effective for
annual periods beginning on or after 1 January 2018.
