by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
In November 2009, the IASB issued IFRIC 19 “Extinguishing Financial Liabilities with Equity Instruments”. The Interpretation has yet to be endorsed by the European Union and incorporated into European law. The Interpretation specifies that a borrower who...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
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...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
In November 2008 IFRIC issued IFRIC 17 “Distributions of Non-cash Assets to Owners”. IFRIC 17 was endorsed by the European Union and incorporated into European law in November 2009. This Interpretation relates to the recognition and measurement of...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations
In the case of a business combination achieved in stages, the acquirer shall remeasure, at the date on which it obtains control, its previously held equity interest in the acquiree at its acquisition-date fair value. Where applicable, goodwill is the excess of the...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations
The cost of the acquisition is determined by the amount of cash or cash equivalents paid as well as the fair values of equity instruments issued and liabilities assumed at the transaction date, in addition to cost directly attributable to the purchase. The...
by stagingadmin | Oct 14, 2011 | Finance & Investor Relations, Legal
We pointed out that there were indeed differing opinions at an international level as to the risk associated with the fair value option. Moreover, the Paper was not aimed at imposing additional restrictions with regard to risk management or the application of the fair...
