In June 2009, the IASB published its amendments to IFRS 2 “Share-based Payment”. The amendments were endorsed by the European Union in March 2010 and incorporated into European law.

The amendments relate to the accounting of “group-settled share-based payment transactions” as part of which a subsidiary receives goods or services that are paid for by the parent or another group entity. The amendment clarifies that the goods or services shall be accounted for irrespective of which group entity settles the obligation and regardless of whether the settlement is made in cash or by means of equity interests. The amendments to IFRS 2 also incorporate the guidance contained in IFRIC 8 and 11, which were thus withdrawn by the IASB.