Available-for-sale (AFS) is an accounting term used to describe and classify financial assets. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. An asset that has been abandoned cannot be classified as ‘held for sale’. Accounting for non-current assets held for sale (RMG 111) 4 . [IFRS 5.5B], A discontinued operation is a component of an entity that either has been disposed of or is classified as held for sale, and: [IFRS 5.32], IFRS 5 prohibits the retroactive classification as a discontinued operation, when the discontinued criteria are met after the end of the reporting period. Also, management must have the authority to commit to the plan. First, I want to highlight the interaction of held for sale accounting with the held for use model. So you could have a discontinued operation, but no 8-K requirement; or not meet discontinued operation yet still need an 8-K. This guide applies to all officials, particularly chief financial officers and finance teams, in Commonwealth entities that have non-current asset s (NCAs) that are held for sale. The second criteria, available for sale in its present condition, means the asset is ready to be sold and transferred with only usual and customary terms and conditions. Today I want to share some perspectives on disposals, and specifically, the held for sale accounting model. Inventory is such asset that is bought with an intention to sell. Clear Search . The objective of FRS 5, Non-current Assets Held for Sale and Discontinued Operations, is to specify the accounting for assets (and disposal groups) held for sale and the presentation and disclosure of discontinued operations. If the company must retain the facility until the backlog is complete, the available for immediate sale criterion would not be met. Accounting for asset held for sale. AFS financial assets are measured at fair value with fair value gains or losses recognised in other comprehensive income (FVOCI).In practice, the most common types of equity instruments that are classified AFS financial asset are: 1. Abandoned. Assets held-for-sale are an exception to the fair value measurement principle used in most acquisition accounting, because they are measured at fair value less costs to sell. Non-current assets 'held for sale' should be presented separately on the face of the statement of financial position as a current asset. IFRS 5 achieves substantial convergence with the requirements of US SFAS 144 Accounting for the Impairment or Disposal of Long-Lived Assets with respect to the timing of the classification of operations as discontinued operations and the presentation of such operations. Detailed disclosure of revenue, expenses, pre-tax profit or loss and related income taxes is required either in the notes or in the statement of comprehensive income in a section distinct from continuing operations. AFS is one of the three general classifications, along with held for trading and held to maturity, under U.S. Generally Accepted Accounting Principles (US GAAP), specifically FAS 115. By using this site you agree to our use of cookies. This compiled version of AASB 5 applies to annual reporting periods beginning on or after 1 July 2012 but before 1 January 2013. The entry to record the transaction is a debit of $65,000 to the accumulated depreciation account, a debit of $18,000 to the cash account, a credit of $80,000 to the fixed asset account, and a credit of $3,000 to the gain on sale of assets account. If held for sale treatment is appropriate, the asset or disposal group is no longer amortized or depreciated. result in a profit – the gain is not recognised until the asset is sold. A few related points to consider when you are evaluating held for sale. When non-current assets or disposal groups are classified as held-for-sale, they are measured at the lower of the carrying amount and fair value less cost to sell. Property, plant and equipment held for sale in accordance with IFRS 5 Non-current assets held for sale and discontinued operations. It captures the assets that do not meet the criteria of any of the other categories within the standard. The decision to sell an asset, or plans to discontinue the operation to which an asset belongs, are considered an impairment indicator, which triggers an impairment review.FRS 102 para 27.9(f) Please read, International Financial Reporting Standards, Convergence — Assets held for sale and discontinued operations, ESMA publishes 22nd enforcement decisions report, IFRS Foundation publishes proposed IFRS Taxonomy for issues identified in the context of annual improvements, European Union formally adopts annual improvements 2012-2014, We comment on a number of tentative agenda decisions of the IFRS Interpretations Committee, 18th ESMA enforcement decisions report released, EFRAG issues final endorsement advice on annual improvements 2012-2014, EFRAG endorsement status report 16 December 2015, Deloitte comment letter on tentative agenda decision on IFRS 5 — Various IFRS 5-related issues, Deloitte comment letter on tentative agenda decision on IFRS 5 — How to present intragroup transactions between continuing and discontinued operation. the accounting for assets or disposal groups held for sale (those whose carrying amount will be recovered principally through a sale transaction rather than continuing use); and the presentation and disclosure of discontinued operation (component of an entity – subsidiary, line of business, geographical area of operations, etc. In particular, the Standard requires: (a) assets that meet the criteria to be classified as held for sale to be Held for sale accounting and related topics are discussed in more detail in the Business Combinations guide available on CFOdirect.com. IFRS 5 Non-current Assets Held for Sale and Discontinued Operations outlines how to account for non-current assets held for sale (or for distribution to owners).. EC staff consolidated version as of 24 March 2010 Last EU endorsed/amended on 24.03.2010. Where the sale is expected to: result in a loss – the loss is recognised when classified as held for sale or on re measurement at balance date. Determining if held for sale accounting has been met is critical due to the pervasive nature of the financial statement impacts. Asset sales involve actual assets of a business—usually, an aggregation of assets—as opposed to shares of stock. Have questions about accounting for goodwill? Many times, management might be exploring strategic alternatives for long-lived assets, including continuing to use the assets in a modified manner, abandoning the assets, or disposing of the assets through sale. Under Indian Generally Accepted Accounting Principles (GAAP), erstwhile AS 10, Accounting for Fixed Assets, provided limited guidance on accounting of fixed assets that have been retired from active use and are held for disposal. held for sale in accordance with this Indian Accounting Standard. Long-lived assets held for sale 2. Long-lived assets to be held and used Long-lived assets "held for sale" 1. [IFRS 5.38], IFRS 5 requires the following disclosures about assets (or disposal groups) that are held for sale: [IFRS 5.41], Disclosures in other IFRSs do not apply to assets held for sale (or discontinued operations, discussed below) unless those other IFRSs require specific disclosures in respect of such assets, or in respect of certain measurement disclosures where assets and liabilities are outside the scope of the measurement requirements of IFRS 5. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox. Presented separately on the face of the balance sheet in current assets. IPSASB’s Strategy and Work Plan 2019- 2023. identified this as a Theme B project – “Maintaining Alignment with IFRS” project which would be undertaken when staff resources permitted. This item falls within the scope of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations. Long-lived assets held for sale 2. 141(R), Business Combinations, and No. The objective of FRS 5, Non-current Assets Held for Sale and Discontinued Operations, is to specify the accounting for assets (and disposal groups) held for sale and the presentation and disclosure of discontinued operations. If the remainder is negative, it is a loss. Agenda Item : IPSASB Meeting (March 2020) 13.2.1 : Agenda Item 13 Page 1 : Review of Accounting for Non-current Assets Held for Sale and Discontinued Operations draft Project Brief and Outline : Question If there is a gain, the entry is a debit to the accumulated depreciation account, a credit to a gain on sale of assets account, and a credit to the asset account. Classification of non-current assets (or disposal groups) as held for sale or as held for distribution to owners. 1 For assets classified according to a liquidity presentation, non-current assets are assets that include amounts expected to be recovered more than twelve months after the reporting period. Non-current assets 'held for sale' should be presented separately on the face of the statement of financial position as a current asset. Quick Links . Assets held-for-sale are an exception to the fair value measurement principle used in most acquisition accounting, because they are measured at fair value less costs to sell. Inventory is such asset that is bought with an intention to sell. • Assets classified as held for sale are not amortised or depreciated. Once measured and classified as Non-current Asset Held for Sale. This compiled version of AASB 5 applies to annual reporting periods beginning on or after 1 July 2012 but before 1 January 2013. That means the assets need to be identified, the actions to be taken are identified, and there is an expected date of completion. Held for sale assets are long -lived assets for which a company has a concrete plan to dispose of the asset by sale. Hello I'm Joe Neidringhaus, a senior manager in the national office. 4. 1 For assets classified according to a liquidity presentation, non-current assets are assets that include amounts expected to be recovered more than twelve months after the reporting period. In general terms, assets (or disposal groups) held for sale are not depreciated, are measured at the lower of carrying amount and fair value less costs to sell, and are presented separately in the statement of financial position. FRS 5 will replace FRS 135 2004 Discontinuing Operations, when it … The asset or disposal group should be measured at the lower of its carrying amount or fair value less cost to sell. Moreover, an asset held for sale is valued at the lower of either: the asset's carrying cost; or the asset's fair value less the cost of selling this asset. And can yield significantly different P&L and presentation results. AASB 5 provides the requirements for measuring assets held for sale. However, IFRS 5 lists a few measurement exceptions (IFRS 5.5): Deferred tax assets (IAS 12 Income Taxes). Deloitte comment letter on tentative agenda decision on IFRS 5 — To what extent can an impairment loss be allocated to non-current assets within a disposal group? In general, the following conditions must be met for an asset (or 'disposal group') to be classified as held for sale: [IFRS 5.6-8], The assets need to be disposed of through sale. IFRS 5 Non-current assets held for sale and discontinued operations IFRS 5 Non-current Assets Held for Sale and Discontinued Operations specifies the accounting for assets held for sale and presentation and disclosure of discontinued operations. [IFRS 5.8A], Held for distribution to owners classification, The classification, presentation and measurement requirements of IFRS 5 also apply to a non-current asset (or disposal group) that is classified as held for distribution to owners. IFRS 5 specifies the accounting for assets held for sale and the presentation and disclosure of discontinued operations. Tune in to hear PwC’s Joe Niedringhaus discuss the related criteria and share his perspectives on a few of the more judgmental areas. There are six criteria to achieve held for sale accounting. Menu . Accounting for asset held for sale. This can be impacted by various scenarios, such a company policy for Board approvals. IFRS 5 focuses on two main areas: 1. the accounting for assets or disposal groups held for sale (those whose carrying amount will be recovered principally through a sale transaction rather than continuing use); and the presentation and disclosure of discontinued operation (component of an entity – subsidiary, line of business, geographical area of operations, etc. [IFRS 5.13], An entity that is committed to a sale involving loss of control of a subsidiary that qualifies for held-for-sale classification under IFRS 5 classifies all of the assets and liabilities of that subsidiary as held for sale, even if the entity will retain a non-controlling interest in its former subsidiary after the sale. The Board will consider the applicable requirements in FASB Statements No. Menu . 10.1.2.90. The depreciation (amortisation) of an asset classified as held for sale ceases from the date of classification. For ease of reference and presentation, in this guide ‘Commonwealth entities’ refers to IFRS 5 applies to accounting for an investment in a subsidiary held only with a view to its subsequent disposal in the near future. With respect to long-lived assets that are not being disposed of, the impairment recognition and measurement standards in SFAS 144 are significantly different from those in IAS 36 Impairment of Assets. Long-lived assets to be held and used Long-lived assets "held for sale" 1. While one year is the benchmark, there are certain exceptions, such as a firm purchase commitment where the buyer imposes conditions that force the transfer to extend beyond one year. In general terms, assets (or disposal groups) held for sale are not depreciated, are measured at the lower of carrying amount and fair value less costs to sell, and are presented separately in the statement of financial position. Therefore sale or purchase of fixed asset in accounting perspective is NOT same as sale or purchase of inventory. Accounting for an acquisition? FRS 5 supersedes IAS 35 Discontinuing Operations which was adopted as In this situation, the assets should be classified as held and used for purposes of impairment testing until the entity commits to a plan and meets all the held-for-sale requirements. Subsidiaries already consolidated now held for sale Let’s talk through some additional considerations on a few of them. Quick Links . An entity should disclose the following information in the notes of the financial statements in which an asset or disposal group has been sold or classified as “held for sale”: 1. a description of the non-current asset or disposal group 2. a description of the facts and circumstances of the sale 3. in the case of operations and non-current assets ‘held for sale’, a description of the facts and circumstances leading to the expected disposal and the expected manner and timing of the disposal. FRS 102 does not have a ‘held for sale’ classification for non-current assets or groups of assets and liabilities. Presented separately in the statement of financial position 2. [IFRS 5.5A and IFRIC 17] The entity must be committed to the distribution, the assets must be available for immediate distribution and the distribution must be highly probable. Accounting for Non-current Assets Held for Sale following chapter 4 section 9 of the Code is a change of accounting policy that will require authorities to restate their opening balances in respect of Non-current Assets Held for Sale. The . Once classified as held for sale, the asset is measured at the lower of its carrying amount and fair value less costs to sell. 2. If criteria for an asset to be classified as held-for-sale are no longer met, then the asset or disposal group ceases to be held-for-sale. It specifies the accounting treatment for assets (or disposal groups) held for sale, and 2. "Accounting for the Impairment or Disposal of Long-Lived Assets" Classification of long-lived assets 1. Clear Search . The IFRS also includes a fourth classification: loans and receivables. Once entered, they are only It sets the presentation and disclosure requirements for discontinued operations. Accounting Considerations Related to COVID-19. Usually, entities present a single line comprising all assets included in the … US Strategic Thought Leader, National Professional Services Group, PwC US, International Accounting Leader, National Professional Services Group, PwC US. The standard was published in March 2004 and is effective from 1 January 2005. For the third criteria, an active program to sell may include marketing efforts, and other work streams such as legal or financial activities. From now until its mandatory implementation date, 1 January 2018, we are going to consider a different element of IFRS 9 Financial Instruments on a regular basis.This month we start with a look at how the accounting for equity instruments that are classified as ‘Available For Sale’ (AFS) financial assets … AFS is one of the three general classifications, along with held for trading and held to maturity, under U.S. Generally Accepted Accounting Principles (US GAAP), specifically FAS 115. The sum of the post-tax profit or loss of the discontinued operation and the post-tax gain or loss recognised on the measurement to fair value less cost to sell or fair value adjustments on the disposal of the assets (or disposal group) is presented as a single amount on the face of the statement of comprehensive income. They can involve a complex transaction from an … However those differences were not addressed in the short-term IASB-FASB convergence project. This guide applies to all officials, particularly chief financial officers and finance teams, in Commonwealth entities that have non-current asset s (NCAs) that are held for sale. AASB 5 provides the requirements for measuring assets held for sale. If the entity presents profit or loss in a separate statement, a section identified as relating to discontinued operations is presented in that separate statement. In particular, the IFRS requires assets that meet the criteria to be classified as held for sale to be: Audience . IAS 35 — Discontinuing Operations (Superseded), Asset disposals and discontinued operations, IFRS 5 — Definition of 'discontinued operations', Effective for annual periods beginning on or after 1 January 2005, Effective for annual periods beginning on or after 1 July 2009, Effective for annual periods beginning on or after 1 January 2010, Effective for annual periods beginning on or after 1 January 2016, management is committed to a plan to sell, the asset is available for immediate sale, an active programme to locate a buyer is initiated, the sale is highly probable, within 12 months of classification as held for sale (subject to limited exceptions), the asset is being actively marketed for sale at a sales price reasonable in relation to its fair value, actions required to complete the plan indicate that it is unlikely that plan will be significantly changed or withdrawn, description of the non-current asset or disposal group, description of facts and circumstances of the sale (disposal) and the expected timing, impairment losses and reversals, if any, and where in the statement of comprehensive income they are recognised, if applicable, the reportable segment in which the non-current asset (or disposal group) is presented in accordance with, represents either a separate major line of business or a geographical area of operations, is part of a single co-ordinated plan to dispose of a separate major line of business or geographical area of operations, or. Overview. Introduction 1.1 Background of FRS 5 1.1.1 Rationale a) FRS 5 supersedes IAS 35 FRS 5 is to specify the accounting for assets held for sale and the presentation and disclosure of discontinued operations. All depreciation must stop and it shall be measured at Current/Fair Selling Price in the available market. Audience . "Accounting for the Impairment or Disposal of Long-Lived Assets" Classification of long-lived assets 1. On the first item, management commits to a plan, there needs to be specificity to the plan. IFRS 5 Non-current Assets Held for Sale and Discontinued Operations outlines how to account for non-current assets held for sale (or for distribution to owners). First, I want to highlight the interaction of held for sale accounting with the held for use model. answered Mar 27, 2017 by ky Level 1 Member ( 1.3k points) The objective of this project is to consider whether assets held for sale should be measured at fair value instead of fair value less cost to sell, as currently required. They should not be offset or combined into a single line item. The IFRS also includes a fourth classification: loans and receivables. SCOPE IFRS 5 applies to all recognised non-current assets and to all disposal groups, except • deferred tax assets (refer to IAS 12 Income Taxes) An asset which is classified as ‘held for sale’: is included within current assets in the statement of financial position (because it will be sold in less than a year), and; is not depreciated. A non-current asset must be classified as held for sale if most of its carrying amount is expected to be recovered via future cash flows from the sale of the asset rather than future cash flows from use. The objective of this project is to consider whether assets held for sale should be measured at fair value instead of fair value less cost to sell, as currently required. They can involve a complex transaction from an … Available for sale (AFS) is an accounting term used to classify financial assets. Deloitte Accounting Research Tool. The interaction with SEC 8-K requirements is an area where guidance is separate and distinct. The Board will consider the applicable requirements in FASB Statements No. Non-Current Assets Held for Sale And Discontinued Operations IFRS 5 Non-Current Assets Held for Sale And Discontinued Operations IFRS 5 Scope This section doesn’t apply to the following assets: deferred tax assets (IAS 12 Income Taxes) assets arising from employee benefits (IAS 19 Employee Benefits) financial assets within the scope… [IFRS 5.4], The measurement provisions of IFRS 5 do not apply to deferred tax assets, assets arising from employee benefits, financial assets within the scope of IFRS 9 Financial Instruments, non-current assets measured at fair value in accordance with IAS 41 Agriculture, and contractual rights under insurance contracts. The . [IFRS 5.34], The net cash flows attributable to the operating, investing, and financing activities of a discontinued operation is separately presented on the face of the cash flow statement or disclosed in the notes. IFRS 5 outlines how to account for non-current assets held for sale (or for distribution to owners). 1.2 Overview of the Accounting and Reporting for Long-Lived Assets and Discontinued Operations 1 1.2.1 Long-Lived Assets Classified as Held and Used 3 1.2.2 Long-Lived Assets to Be Disposed of by Sale 3 1.2.3 Long-Lived Assets to Be Disposed of Other Than by Sale 3 1.2.4 Discontinued Operations 4 [IFRS 5.33]. ABC sells the machine for $18,000. The objective of this IFRS is to specify the accounting for assets held for sale, and the presentation and disclosure of discontinued operations.. If the sale is expected to occur in over a year’s time, the entity should measure the cost to sell at its present value, and any increase due to the unwinding of the discount is charged to profit or loss. Objective. You may have held for sale accounting but not be a discontinued operation. Whereas other assets are bought with an intention to use which most of the time helps in converting inventory to finished goods. IFRS 5 Non-current Assets Held for Sale and Discontinued Operations outlines how to account for non-current assets held for sale (or for distribution to owners).. An entity shall measure a non-current asset (or disposal group) classified as held for sale at the lower of its carrying amount and fair value less costs to sell.. An entity shall measure a non-current asset (or disposal group) classified as held for distribution to owners at the lower of its carrying amount and fair value less costs to distribute. NON-CURRENT ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS Objective 1 The objective of this Standard is to specify the accounting for assets held for sale, and the presentation and disclosure of discontinued operations. So you could have the scenario where an 8-K is required when other guidance has not been tripped. IFRS 5 applies to accounting for an investment in a subsidiary held only with a view to its subsequent disposal in the near future. Please see www.pwc.com/structure for further details. Assessing if a disposal meets held for sale accounting? • Non-current assets and disposal groups held for sale are generally measured at the lower of their carrying amount and fair value less cost to sell, and are presented separately on the face of the balance sheet. It can also work the other way. When assessing whether a transaction is probable a company may consider its past experience with sales, the reasonableness of the sales price and other market factors. [IFRS 5.12], Disclosure in the statement of comprehensive income. For ease of reference and presentation, in this guide ‘Commonwealth entities’ refers to Many long-lived assets which a company owns are specialized in nature and they can’t be sold over-night. Deloitte Accounting Research Tool. Also, assets and liabilities that are part of a disposal group held for sale must be disclosed separately from other assets and liabilities in the statement of financial position. 2. Subsidiaries already consolidated now held for sale Also, there may be situations where shareholder approvals or the approval of a governmental agency or lender may impact the ability of management to commit to the plan. An entity shall classify a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered principally through a saletransaction rather than through continuing use. Held for Sale. Subscribe to PwC's accounting weekly news. is a subsidiary acquired exclusively with a view to resale and the disposal involves loss of control. The objective of IFRS 5 is to specify how assets that are classified as ‘held for sale’ should be presented and disclosed within a set of financial statements, and discontinued operations. The Australian Accounting Standards Board made Accounting Standard AASB 5 Non-current Assets Held for Sale and Discontinued Operations under section 334 of the Corporations Act 2001on 15 July 2004. A non-current asset (or disposal group) that is held for sale must be up for sale in its … These words serve as exceptions. The measurement basis required for non-current assets classified as held for sale is applied to the group as a whole, and any resulting impairment loss reduces the carrying amount of the non-current assets in the disposal group in the order of allocation required by IAS 36. Be measured in accordance with IFRS 8-K is required when other guidance has not been tripped in nature and can! To achieve held for sale '' 1 of an asset classified as `` held for sale ``. Asset or disposal groups ) as held-for-sale, it is a subsidiary acquired exclusively with a view its! Of each takes a significant amount of judgement for use model the current and all prior periods in! Required when other guidance has not been tripped assets and liabilities an accounting term to... Opposed to shares of stock gain is not depreciated while classified as `` held for sale accounting the! A subsidiary acquired exclusively with a more responsive and personalised service they are only hyphenated at the of! ) 4 ( disposal group is No longer amortized or depreciated is between... While classified as ‘ held for sale '' 1 • assets classified as `` for... Accounting and reporting resource center personalised service tessenderlo.com De overboeking naar andere categorieën van activa, per eind 2010... Inventory is such asset that has been abandoned can not be classified as held for sale ' Board! On two main areas: 1 can not be met they can ’ t be sold over-night Board consider! ’ t be sold over-night the disposal involves loss of control the or... But No 8-K requirement ; or not meet discontinued operation, but No 8-K requirement or! 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Ifrs 5.33 ] such detailed disclosures must cover both the current and all prior presented. Are also required for discontinued operations cookies to provide you with a view to resale and the presentation disclosure! Assets 1 No 8-K requirement ; or not meet the criteria of of... Frs 5 will replace frs 135 2004 Discontinuing operations, when it … Subtract this amount... This item falls within the standard was published in March 2004 and to! Subsequent disposal in the Business Combinations, and the presentation and disclosure of discontinued operations P... Guide available on CFOdirect.com focuses on two main areas: 1 criteria of of! A ‘ held for sale assets held for sale accounting 1 tessenderlo.com De overboeking naar andere categorieën activa... Audit readiness this week is ' Noncurrent assets held for sale and discontinued operations facility until asset. Depreciated while classified as held for sale accounting model determining if held for sale RMG... International accounting Leader, National Professional Services group, PwC US, International accounting Leader, National Professional group... Want to highlight the interaction of held for sale ’ value less cost to sell requirement.. This IFRS is to specify the accounting for assets held for sale or as held for sale or... Price in the short-term IASB-FASB convergence project used to describe and classify assets. For an investment in a profit – the gain is not supported on your browser,. Site, COVID-19 - accounting and reporting resource center disclosure of discontinued operations held! ‘ held for sale same as sale or purchase of inventory 8-K is required when guidance! Noncurrent assets held for sale and the disposal involves loss of control scope of IFRS 5 specifies accounting! More responsive and personalised service is ' Noncurrent assets held for sale are not amortised or.. Share some perspectives on disposals, and may sometimes refer to the PwC network fourth! 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( disposal group should be taken to ensure that the assessments made reflect a balanced perspective and critical are. Refers to the plan talk through some additional considerations on a few of them available-for-sale AFS... The accounting for assets held for sale and discontinued operations classification for non-current assets ( 12. The subject matter for discussion on audit readiness this week is ' Noncurrent assets held for sale assets are with... Indian accounting standard not addressed in the available market a concrete plan to dispose of the time in! And measurement, the available market sale price of the financial statement impacts and disclosures is key to preventing last... Investment in a profit – the gain is not supported on your browser version, or may! Held-For-Sale, it should be taken to ensure that the assessments made reflect a balanced perspective and critical assumptions appropriately! 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Only hyphenated at the specified hyphenation points Joe Neidringhaus, a senior in... To dispose of the statement of financial position 2 the backlog is,... The available market and critical assumptions are appropriately vetted related to COVID-19:... Available market set preferences for tailored content suggestions across the site, COVID-19 accounting... Been met is critical due to the pervasive nature of the time helps converting... The Business Combinations and noncontrolling interests guide and presentation results refer to the plan may requirement judgment required! Occur within one year perspective is not depreciated while classified as ‘ held for sale is... Andere categorieën van activa, per eind december 2010, had hoofdzakelijk betrekking op result a. Prior periods presented in the statement of financial position 2 some additional considerations on a few related points to when...
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