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...
by stagingadmin | Oct 14, 2011 | Legal
Pursuant to Section 15 of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG), in the version of the Investor Protection Enhancement Act (Anlegerschutzverbesserungsgesetz – AnSVG) of 30 October 2004, an issuer of financial instruments that are admitted to...