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Ias 34
Ias 34
Interim financial report = Condensed (SFP + SCI + SCE + SCF) + Selected notes OR Complete FS as per IAS1
Condensed FS = All headings + subtotals of most recent annual FS + Basic & diluted EPS
= write down / impairment + reversal of provisions + additions/disposals + commitment + litigation + Fair value
adjustments + default + related party + errors + change in classification of FA + transfer between FV hierarchy +
change in contingent assets/liabilities
Other disclosures
Condensed SCI = (Current interim period + YTD) + immediately preceding FY (Current + YTD)
Disclosure in annual FS
As per IAS 8
ILLUSTRATIVE EXMAPLES
Income tax = using an estimated average annual effective rate (See paragraphs B12 to B22 of IE of PART B)
Major planned periodic maintenance or overhaul = if expected to occur late in the year not recorded
Pensions = Calculated on YTD basis using the actuarially determined pension cost rate
Depreciation and amortization = Recognized for existing assets only not planned ones