Consolidated statement of

financial position
as at 31 December 2023
(expressed in thousands of Euroland currency units, except per share amounts)
IAS 1.51(c) IAS Notes 31 Dec
1.51(d-e) 2023
Assets
IAS 1.60 Non-current
IAS 1.66-67

IAS 1.55 Goodwill 10 5,041

IAS 1.54(c) Other intangible assets 11 17,424
IAS 1.54(a) Property, plant and equipment 12 18,606
Right-of-use assets 13 29,534
 31 Dec
2022

3,537
13,841
16,194
32,205
Guidance note:
These Example Financial Statements use the terminology in IAS 1.
However, an entity is permitted to use other titles (eg ‘balance
sheet’ instead of ‘statement of financial position’) for the statements
identified in IAS 1 (IAS 1.10).
IAS 1.38A requires an entity to present, at a minimum, two
statements of financial position, two statements of profit or loss and
other comprehensive income, two statements of cash flows, two
statements of changes in equity, and related notes. These
statements and related notes should be prepared for the current
period and prior period.
In addition, IAS 1.10(f) and IAS 1.40A require an entity to present a
third statement of financial position as at the beginning of the
preceding period if:
• it applies an accounting policy retrospectively, makes a
retrospective restatement of items in its financial statements or
reclassifies items in the financial statements, and
• the retrospective application, retrospective restatement or the
reclassification has a material effect on the information in the
statement of financial position at the beginning of the preceding
period.
An entity can also elect to include additional comparative
information (such as a third statement of financial position) as long
as that information is prepared in accordance with IFRS (IAS
1.38C). When the additional comparative information includes one
or more of the statements identified in IAS 1.10, an entity must also
present related note information.
The consolidated statement of financial position reflects the
separate classification of current and non-current assets and
liabilities. When presentation based on liquidity is reliable and more
relevant, the entity instead presents assets and liabilities in order of
liquidity (IAS 1.60). Regardless of which method is used, the entity
shall disclose the amount expected to be recovered or settled after
more than 12 months for each asset and liability line item that
combines amounts expected to be recovered or settled within and
after more than 12 months (IAS 1.61).
Investments accounted for using 7 860 467
the equity method
Investment property 14 12,662 12,277

Other long-term assets 8 185 160

Other long-term financial assets 15.1 4,051 4,137
Deferred tax assets 16 1,036 1,245
IAS 1.54(e)
IAS 1.54(b) IFRS 16.48
IAS 1.55
IAS 1.54(d) IAS 1.54(o)
IAS 1.56
Non-current assets 89,399 84,063
IAS 1.60
Current
IAS 1.66
IFRS 5.38 IAS
1.54(j)
Assets included in disposal group classified as held for
20 sale 103 3,908
IAS 1.54(g) Inventories 17 18,298 17,226
IAS 1.55 Prepayments and other short-term assets 8 406 422

IAS 1.54(h) Trade and other receivables 18 32,720 24,824

In contrast, IAS 1.40C states an entity that is required
to present a third statement of financial position at the beginning
of the preceding period does not need to
present the related notes for that statement.
IAS 1.54(d) 15.4
IAS 1.55 Derivative financial instruments 15.1 716 442
IAS 1.54(d) Other short-term financial assets 15.1 655 649
IAS 1.54(i) Cash and cash equivalents 19 34,729 11,197
Current assets 87,627 58,668

IAS 1.55 Total assets 177,026 142,731

8 Illustrative Corporation Group: IFRS Example Consolidated Financial Statements – 31 December 2023