practical guide to ifrs - pwc · february 2014 2014年2月 english with chinese translation...

February 20142014年2月

English with Chinese Translation中英文对照

www.pwccn.com

Practical Guide to IFRS Understanding the disclosure requirements in IFRS 12

国际财务报告准则实务指南理解国际财务报告准则第12号中的披露要求

2 Supplement to the Practical Guide - Understanding the disclosure requirements in IFRS 12

Contents

Understanding the disclosure requirements in IFRS 12 4

Appendix 1: Example disclosures for subsidiaries 14

Appendix 2: Example disclosures for unconsolidated structured entities 26

Appendix 3: Illustration of disclosures for interests in joint arrangements

and associates 32

Appendix 4: Disclosure checklist extracts 44

3《实务指南》增刊 - 理解国际财务报告准则第12号中的披露要求

目录

理解国际财务报告准则第12号中的要求 5

附录 1：子公司披露示例 15

附录 2：未合并的结构性主体披露示例 27

附录3：对在合营安排和联营企业中的权益披露的说明 33

附录4：披露核对表摘录 45


What do the requirements cover?IFRS 12, ‘Disclosure of Interests in Other Entities’, requires extensive disclosures for:

• interests in subsidiaries;• structured entities (both consolidated and

not consolidated); • joint arrangements; and • associates.

IFRS 12 is applicable for annual reporting periods beginning on or after 1 January 2013. In this paper, we highlight the key disclosure requirements and provide example disclosures.

IFRS 12 aims to provide the users of financial statements with sufficient disclosures for them to assess the nature of, and risks and financial effects associated with, the entity’s interests in subsidiaries, joint arrangements, associates and unconsolidated structured entities. Entities should consider the level of detail that is needed to satisfy this objective, how much emphasis to place on each of the requirements, and to what extent it should aggregate the information (taking consideration of materiality). Useful information should not be obscured by the inclusion of a large amount of insignificant detail, on the one hand, or by too much aggregation of items with different risk and return characteristics, on the other.

Significant judgements and assumptionsIFRS 12 requires an entity to disclose information about the significant judgements and assumptions it has made, including those relating to whether it has control of another entity, and where changes in circumstances alter the entity’s conclusion about whether it has control.

In particular, an entity should disclose significant judgements and assumptions made in determining that:

• it holds more than half of the voting rights of another entity where it does not have control;

• it holds less than half of the voting rights of another entity where it has control; and

• it is an agent or principal with respect to another entity.

Interest in subsidiariesIFRS 12 requires disclosures for each of an entity’s subsidiaries that have material non-controlling interests. Such disclosures assist users when estimating future profit or loss and cash flows (for example, by identifying the assets and liabilities that are held by subsidiaries, risk exposures of particular group entities, and those subsidiaries that have significant cash flows). The disclosures are as follows (new disclosures compared to the previous standard are in bold):

• The subsidiary’s name1.• Its principal place of business (and

country of incorporation, if different)1.• The proportion of ownership interests

held by non-controlling interests1.• The proportion of voting rights held by

non-controlling interests, if different from the proportion of ownership interests held1.

• The profit or loss allocated to non-controlling interests of the subsidiary during the reporting period.

• The accumulated non-controlling interests of the subsidiary at the end of the reporting period.

• Summarised financial information about the subsidiary.

1These disclosures only had to be made in separate financial statements of a parent entity. However, information of this nature would also be required under IAS 24, ‘Related Party Disclosures’.

Understanding the disclosure requirements in IFRS 12


该披露要求涵盖哪些内容？

《国际财务报告准则第12号——对其他主体中权益的披露》(“IFRS 12”)要求对下列项目作出详细披露：

• 在子公司中的权益；

• 结构性主体（包括合并及未合并的结构性主体）；

• 合营安排；及

• 联营企业。

IFRS 12适用于起始日在2013年1月1日或之后的年度报告期间。本文中，我们重点讲述主要的披露要求并提供披露示例。

IFRS 12旨在向财务报表使用者提供充分的披露，以供其评估主体在子公司、合营安排、联营企业及未合并的结构性主体中权益的性质以及与该权益相关的风险和财务影响。主体应考虑满足这一目标所需披露信息的详细程度、对每项披露要求的侧重程度及相关信息汇总的程度（在考虑重要性的基础上）。有用的信息不应被披露大量不重要的细节或过多汇总具有不同风险和回报特征的项目而掩盖。

重大判断和假设

IFRS 12要求披露主体作出的重大判断和假设信息，包括是否对另一主体拥有控制权，以及是否由于情况变化而改变了主体拥有控制权的结论。

主体应特别披露在确定下列事项时所作的重大判断和假设：

• 持有另一主体半数以上表决权但无控制权；

• 持有另一主体不足半数的表决权但拥有控制权；及

• 是另一主体的代理人还是委托人。

在子公司中的权益

IFRS 12要求披露每一个拥有重大非控制性权益的子公司信息。此类披露帮助财务报表使用者估计未来的损益和现金流量（例如，通过识别子公司持有的资产和负债、特定集团主体的风险敞口以及具有重大现金流量的子公司）。披露信息如下（较原准则相比新增披露信息以黑体字显示）：

• 子公司名称1。

• 主要业务经营地（以及设立地所属国家，如与主要业务经营地不同）1。

• 非控制性权益持有的所有权权益比例1。

• 非控制性权益持有的表决权比例，如不同于持有的所有权权益比例1。

• 在报告期间分配到子公司非控制性权益的损益。

• 在报告期末子公司的累计非控制性权益。

• 子公司的汇总财务信息。

1这些披露仅体现在母公司的单独财务报表中。但根据《国际会计准则第24号——关联方披露》，该类信息也要进行披露。

理解国际财务报告准则第12号中的要求


Non-controlling interests The summarised financial information referred to above helps users to understand the interest that non-controlling interests have in the group’s activities and cash flows. It includes the assets, liabilities, profit or loss and cash flows of the subsidiary. It might include, but is not limited to, current/non-current assets, current/non-current liabilities, revenue, profit or loss, and total comprehensive income. Dividends paid to non-controlling interests should also be disclosed. The amounts disclosed should be given before inter-company eliminations.

Significant restrictionsAn entity must explain if there are any significant restrictions on its ability to access or use the assets and settle the liabilities of the group (for example, a limited ability to transfer cash or assets within the group, restrictions on distributions or loan repayments, and the existence of protective rights held by non-controlling interests).

Changes in a parent’s ownership interestIf there is a change in a parent’s ownership interest in a subsidiary that does not result in loss of control, an entity should present a schedule that shows the effects on the equity attributable to the parent’s owners. This would typically be in relation to a share buyback or a subsidiary issuing shares in a stock-based compensation arrangement.

Conversely, if the entity has lost control of a subsidiary during the reporting period, it must disclose:

• the gain or loss, calculated in accordance with paragraph 25 of IFRS 10; and

• the portion of that gain or loss that is attributable to measuring any investment retained in the former subsidiary at its fair value at the date when control is lost, and the line item(s) in profit or loss in which the gain or loss is recognised (if not presented separately).

Consolidated structured entities – nature of the risks A structured entity is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity. An example would be when voting rights relate to administrative tasks only, and the relevant activities are directed by means of contractual arrangements.

If the entity holds interests in consolidated structured entities, it must disclose information that enables users of its financial statements to evaluate the nature of, and changes in, the risks associated with its interests in consolidated structured entities. This includes:

• the terms of any contractual arrangements that could require any entity within the group to provide financial support to a consolidated structured entity;

• the type and amount of financial or other support provided to a consolidated structured entity during the reporting period (including assistance to the structured entity in obtaining financial support), and the reasons for providing such support;

• if an entity within the group has provided financial or other support to a previously unconsolidated structured entity (without the obligation to do so) which resulted in the entity controlling the structured entity, an explanation of the relevant factors in reaching this decision; and

• disclosure of any current intentions to provide financial or other support to a consolidated structured entity (including intentions to assist the structured entity in obtaining financial support).


非控制性权益

以上提及的汇总财务信息可以帮助财务报表使用者理解非控制性权益在集团经营活动和现金流量中占有的利益。汇总财务信息包括子公司的资产、负债、损益和现金流量。其可能包括但不限于流动/非流动资产、流动/非流动负债、收入、损益和综合收益总额。支付给非控制性权益的股利也应披露。汇总财务信息中披露的金额应为公司间内部往来抵销前的金额。

重大限制

主体必须说明是否存在任何对其接触或使用集团资产和偿还集团负债的重大限制（例如，在集团内转移现金或资产能力的限制、对分配股利或偿还贷款的限制，以及非控制性权益持有的保护性权利）。

母公司所有权权益的变化

如果母公司在子公司中的所有权权益发生变化但并未丧失控制权，则主体应列示出该变动以反映对归属于母公司所有者权益的影响。这通常与股份回购或子公司在以权益结算的股份支付安排中发行股份相关。

相反，如果主体在报告期间丧失了对子公司的控制权，则其必须披露：

• 按照IFRS 10第25段计算的利得或损失；及

• 计算对原子公司剩余投资在控制权丧失日的公允价值而形成的利得或损失，以及该利得或损失所计入的利润表项目（若未单独列报）。

合并的结构性主体 – 风险的性质

结构性主体是指被设计成表决权或类似权利并不是决定控制的决定性因素的主体。例如表决权仅与日常行政管理工作相关，相关活动通过合同安排来主导。

如果主体拥有在合并的结构性主体中的权益，则其必须披露信息以使财务报表使用者能够评估主体在合并的结构性主体中权益的相关风险的性质和变化。这包括：

• 要求集团内的任何主体向合并的结构性主体提供财务支持的任何合同安排的条款；

• 在报告期间内向合并的结构性主体提供财务或其他支持的类型和金额（包括协助结构性主体获取财务支持），以及提供相关支持的原因；

• 如果集团内的主体（在无合同义务的情况下）向之前未合并的结构性主体提供财务或其他支持从而可以对该结构性主体实施控制，则需要解释得出这一结论所考虑的相关因素；及

• 披露向合并的结构性主体提供财务或其他支持的任何现时意图（包括协助结构性主体获取财务支持的意图）。


Interests in unconsolidated structured entitiesIf the entity has any interests in unconsolidated structured entities, there are a number of new disclosures that will apply for the first time. In summary, it must disclose information that enables users of its financial statements:

• to understand the nature and extent of its interests in unconsolidated structured entities; and

• to evaluate the nature of, and changes in, the risks associated with its interests in unconsolidated structured entities (including an entity’s exposure to risk from involvement with unconsolidated structured entities in previous periods, even if the contractual involvement had ceased at the reporting date).

To achieve this, the entity should provide:

• qualitative and quantitative information about its interest in unconsolidated structured entities (nature, purpose, size and activities of the entity, and how the entity is financed);

• the carrying amounts of assets and liabilities recognised in its financial statements relating to its interests in unconsolidated structured entities, and the line items in the statement of financial position in which those assets and liabilities are recognised;

• the amount that best represents its maximum exposure to loss from its interests in unconsolidated structured entities, including how the maximum amount is determined;

• a comparison of the amounts from the last two points above;

• if it has provided financial or other support to an unconsolidated structured entity (without having a contractual obligation to do so) in which it previously had or currently has an interest, an explanation of the type of and amount of support provided and the reasons for providing the support;

• any current intentions to provide financial or other support to an unconsolidated structured entity, including intentions to assist the entity in obtaining financial support; and

• information about sponsored unconsolidated structured entities which are not included in the disclosures above (for example, because the entity does not have an interest in the unconsolidated structured entity at the reporting date), including income from those entities and the carrying amount of assets transferred to those entities during the reporting period. The sponsoring activities should be classified into relevant categories (see paras B2–B6 of IFRS 12 for guidance).

The quantitative disclosures above should be provided in tabular format, unless another format is more appropriate.

Relief in the first yearIFRS 12 provides relief from disclosing some information about structured entities for the comparative period in the first year of adoption. Entities do not need to disclose comparative information about the nature and extent of their interests and the nature of (and changes to) the risks of their interests in unconsolidated structured entities.


在未合并的结构性主体中的权益

一些新的披露要求将首次运用于主体在未合并的结构性主体中拥有任何权益的情况。概括而言，必须披露信息以使财务报表使用者能实现下列目的：

• 理解主体在未合并的结构性主体中权益的性质和程度；及

• 评估主体在未合并的结构性主体中权益涉及相关风险的性质和变化，包括主体以前期间在未合并的结构性主体中暴露的风险，即使在本报告期末相关合同关系已经终止。

为实现上述目的，主体应披露：

• 定性定量披露其在未合并的结构性主体中权益的信息（性质、目的、规模和活动，以及结构性主体的融资安排）；

• 在主体的财务报表中确认的与其在未合并的结构性主体中的权益相关的资产和负债的账面价值，以及对应的财务报表项目；

• 主体在未合并的结构性主体中权益面临的最大损失的金额，以及该金额的确定方法；

• 以上两项金额的比较；

• 如果主体在无合同义务的情况下向其之前或目前拥有权益的未合并的结构性主体提供财务或其他支持，需要披露提供支持的类型和金额以及提供支持的原因；

• 任何向未合并的结构性主体提供财务或其他支持的现时意图，包括协助结构性主体获取财务支持的意图；及

• 以上披露中未包括的被发起的未合并的结构性主体信息（例如，在本报告日，主体没有权益在未合并的结构性主体），包括在报告期间来自这些结构性主体的收益和转移至这些结构性主体的资产的账面价值。相关的发起活动应被归入相关类别（参见IFRS 12第B2–B6段中的指引）。

应以列表方式披露以上定量信息，除非使用另一种方式更为适当。

首次执行的豁免

在首次执行时，IFRS 12就结构性主体比较期间信息的披露给予豁免。主体无需披露其在未合并的结构性主体中权益的风险的性质和程度（及其变化）在比较期间的情况。


Joint arrangements and associatesThe new guidance could significantly change the way that companies present and disclose information about their interests in joint arrangements and associates. The disclosures for individual joint ventures and associates are far more detailed than previously required by IAS 31, ‘Interests in Joint Ventures’, and IAS 28, ‘Investments in Associates’. Disclosure is required of certain classes of assets and liabilities of the joint venture or associate, as well as particular totals of assets and liabilities. Certain items of revenue and expenses also need to be disclosed.

The disclosure requirements in IFRS 12 do not apply to parties to a joint arrangement that do not share joint control, except where such parties significantly influence the arrangement.

The following information must be disclosed in relation to an entity’s involvement with joint arrangements and associates:

• significant judgements and assumptions made (and changes to those judgements and assumptions) in determining:

– whether there is joint control of an arrangement;

– whether there is significant influence over another entity; and

– the type of joint arrangement (that is, joint operation or joint venture) where the arrangement is structured through a separate vehicle;

• the nature, extent and financial effects of an entity’s interest in joint arrangements and associates, including the nature and effects of its contractual relationship with other investors with joint control of, or significant influence over, joint arrangements and associates; and

• the nature of, and changes in, the risks associated with its interests in joint ventures and associates.

Other disclosure requirements to considerIf a reporting entity has significant interests in joint operations, it should consider disclosing the interests in the assets employed and liabilities incurred in relation to these joint operations. This information will assist users in assessing the extent and financial impact of the joint operations, and it might even be required under IAS 1 if it is relevant to an understanding of the financial statements.

Where an interest in a joint venture or an associate (or a portion of an interest) is classified as held for sale in accordance with IFRS 5, ‘Non-current Assets Held for Sale and Discontinued Operations’, the reporting entity does not need to disclose, for that joint venture or associate, the summarised financial information required under IFRS 12.

Changes in accounting policyAdditional disclosures are required when applying a new accounting standard for the first time. Where initial application has an effect on the current period or any prior period, and would have such an effect except that it is impracticable to determine the amount of the adjustment, or it might have an effect on future periods, an entity must disclose:

• the title of the IFRS;• where applicable, that the change in

accounting policy is made in accordance with its transitional provisions;

• the nature of the change in accounting policy;

• where applicable, a description of the transitional provisions;

• where applicable, the transitional provisions that might have an effect on future periods;


合营安排和联营企业

新指引在很大程度上改变了主体对其在合营安排和联营企业中权益相关信息的列报和披露。针对合营企业和联营企业的披露较之前《国际会计准则第31号——合营中的权益》（“I A S 31”）和《国际会计准则第28号——对联营企业的投资》（“IAS 28”）的要求要更加详细。新指引要求披露合营企业或联营企业的资产和负债的某些类别及总额。一些收入和费用项目也需要披露。

IFRS 12中的披露要求不适用于在合营安排中不享有共同控制权的参与方，除非该参与方对该合营安排有重大影响。

主体必须就其在合营安排和联营企业中的参与披露下列信息：

• 在确定下列事项时作出的重大判断和假设（及对这些判断和假设的更改）：

– 是否存在对安排的共同控制；

– 是否存在对另一主体的重大影响；及

– 通过单独载体构建的合营安排类型（即共同经营或合营企业）；

• 主体在合营安排和联营企业中权益的性质、程度和财务影响，包括其与其他对合营安排和联营企业具有共同控制权或重大影响的投资方之间合同关系的性质和影响；及

• 与其在合营企业和联营企业中的权益相关风险的性质和变化。

需要考虑的其他披露要求

如果报告主体在共同经营中拥有重大利益，则其应当考虑披露其在共同经营中使用的资产和承担的负债的权益。该信息将帮助财务报表使用者评估共同经营的程度和财务影响，如果其与对财务报表的理解相关，甚至可能需要按照IAS 1的要求可披露相关信息。

当主体在合营企业或联营企业中的权益（或权益的一部分）按照《国际财务报告准则第5号——持有待售的非流动资产和终止经营》的要求而被分类为持有待售时，报告主体无需按照IFRS 12的要求披露对该合营企业或联营企业汇总财务信息。

会计政策变更

首次执行一项新会计准则时，须作出额外披露。如果首次执行对当前期间或以往任何期间产生了影响，对于这一影响，除非无法切实可行的确定调整金额，或者可能对未来期间产生影响，则主体须披露：

• 该项国际财务报告准则（“I FR S”）的名称；

• 会计政策变更是按照其过渡性规定执行的（如适用）；

• 会计政策变更的性质；

• 对过渡性规定的描述（如适用）；

• 可能对未来期间产生影响的过渡性规定（如适用）；


• for the current period and the immediately preceding period presented, to the extent practicable, the amount of the adjustment for each financial statement line item affected; and, if IAS 33, ‘Earnings per Share’, applies, for basic and diluted earnings per share (disclosure of the impact on the current period is not required for the adoption of IFRS 10, because of specific relief provided);

• the amount of the adjustment relating to periods before those presented, to the extent practicable; and

• if retrospective application is impracticable, the circumstances that led to that impracticability, and a description of how and from when the change in accounting policy has been applied.

Financial statements of subsequent periods need not repeat these disclosures.

IAS 8, ‘Accounting Policies, Changes in Accounting Estimates and Errors’, does not prescribe any format for these disclosures. The sample disclosures below use a tabular format, but other ways of presenting this information could be equally suitable, depending on the circumstances.

Additional comparative information – third balance sheet and related notesIf an entity has applied an accounting policy retrospectively, restated items retrospectively or reclassified items in its financial statements, it must present a third balance sheet (statement of financial position) as at the beginning of the earliest comparative period presented. However, where the retrospective change in policy or the restatement has no effect on this earliest statement of financial position, we believe that it would be sufficient for the entity to merely disclose that fact.

The requirement to present comparative information for the beginning of the earliest period presented does not extend to the related notes, because the IASB has issued amendments to IAS 1 which have removed the requirement with effect from 1 January 2013. The amendments are available for early adoption.

Further reading• PwC’s IFRS Manual of Accounting 2014 • IFRSs 10 and 12 – Questions and Answers• A practical guide to IFRS – Classification

of Joint arrangements• PwC – Illustrative IFRS consolidated

financial statements for 2013 year ends

http://www.pwchk.com/home/eng/ifrs_practical_guide_aug2013.html

http://www.pwchk.com/home/eng/ifrs_practical_guide_jan2013.html

http://www.pwchk.com/home/eng/ifrs_practical_guide_jan2013.html

http://www.pwchk.com/home/eng/illustrative_ifrs_hkfrs_dec2013.html



• 对于列报的当前期间和上一期间，在切实可行的范围内对受影响的各财务报表项目的调整金额；以及如果《国际会计准则第33号——每股收益》适用，对基本和稀释每股收益的调整金额（由于提供的特定豁免，无需披露首次执行IFRS 10对当前期间的影响）；

• 在切实可行的范围内，对于所列报期间的上一期间相关财务报表项目的调整金额；及

• 如果追溯调整并不切实可行，披露导致该不可行性的情况，披露何时及如何开始执行会计政策变更的描述。

会计政策变更后的后续期间财务报表无需重复这些披露。

《国际会计准则第8号——会计政策、会计估计变更和差错》并未对这些披露规定任何格式。以下披露样本采用了列表方式，但其他列报该信息的方式可能同样适当，视具体情况而定。

额外比较信息 – 第三张资产负债表及相关附注

如果主体已在其财务报表中追溯应用某项会计政策、追溯重述某些项目或将某些项目重分类，则其必须列报截至所列报最早比较期间期初时的第三张资产负债表（财务状况表）。然而，当对会计政策变更的追溯应用或重述对这一最早的财务状况表并无影响时，主体披露该事实情况即可。

列报最早期间期初的财务状况的要求并不延伸至相关附注，因为国际会计准则理事会已发布了对IAS 1的一些修改，在修改中已删除了这一要求，并自2013年1月1日起生效，允许提前采用。

进一步的读物

• 2014年版的《普华永道国际财务报告准则实务指引》

• 《国际财务报告准则第10号及第12号 – 问题与解答》

• 《国际财务报告准则实务指南 – 合营安排的分类》

• 《普华永道 – 采用国际财务报告准则编制的2013年度合并财务报表示例》（注：仅有英文版）

http://www.pwccn.com/home/chi/ifrs_practical_guide_aug2013_chi.html

http://www.pwccn.com/home/chi/ifrs_practical_guide_aug2013_chi.html

http://www.pwccn.com/home/chi/ifrs_practical_guide_jan2013_chi.html

http://www.pwccn.com/home/chi/ifrs_practical_guide_jan2013_chi.html




Appendix 1: Example disclosures for subsidiaries 1. Accounting policy note

(b) Principles of consolidation (extracts)

(i) Subsidiaries

Subsidiaries are all entities (including structured entities) over which the group has control. The group controls an entity where the group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the group. They are deconsolidated from the date that control ceases.

(ii) Change in accounting policy

IFRS 10, ‘Consolidated Financial Statements’, was issued in August 2011 and replaces the guidance on control and consolidation in IAS 27, ‘Consolidated and Separate Financial Statements’, and in SIC 12, ‘Consolidation – Special Purpose Entities’.

The group has reviewed its investments in other entities to assess whether the conclusion to consolidate is different under IFRS 10 than under IAS 27. No differences were found for any of the investments with the exception of VALUE ACCOUNTS Overseas Ltd. The group has determined that, while it did not have control over this entity under the principles of IAS 277, it now does have control over the entity under the current standard. The group acquired its 45% interest in this entity on 1 July 2009. The remaining interests in the entity are widely held and dispersed. The application of IFRS 10 resulted in the group concluding it had de facto control of the entity.

As required under IFRS 10, the change in policy has been applied retrospectively and, as a consequence, adjustments were recognised in the balance sheet as of 1 July 2012.

The tables below show the effect of the change in accounting policy on individual line items in each of the financial statements. Line items that were not affected by the change have not been included. As a result, the sub-totals and totals disclosed cannot be recalculated from the numbers provided.


附录 1：子公司披露示例

1. 会计政策附注

(b) 合并原则（摘录）

(i) 子公司

子公司是本集团拥有控制权的所有主体（包括结构性主体）。当本集团参与主体而面临或有权享有该主体而产生的可变动报酬并有能力通过主导主体活动的权力来影响这些报酬时，本集团控制主体。本集团自获得对子公司的控制权之日起完全合并该子公司。自丧失对子公司的控制权之日起终止合并该子公司。

(ii) 会计政策变更

于2011年8月发布的《国际财务报告准则第10号——合并财务报表》取代了《国际会计准则第27号——合并财务报表和单独财务报表》和《解释公告第12号——合并：特殊目的主体》中关于控制和合并的指引。

本集团已经根据IFRS 10的要求对其他主体的投资进行了复核，并评估了合并结论是否与根据IAS 27判断的结论有所不同。除了价值账户海外有限公司之外，本集团未发现任何其他投资的合并结论有所不同。本集团已确定虽然根据IAS 27的原则并不拥有对该主体的控制权，但根据现行准则本集团拥有对该主体的控制权。本集团于2009年7月1日获得了该主体45%的权益。该主体剩余权益的持有者众多且分散。IFRS 10的应用导致本集团得出其拥有该主体实际控制权的结论。

根据IFRS 10的要求，该会计政策变更已追溯应用，因此，相关调整在2012年7月1日的资产负债表中进行了确认。

下表显示了会计政策变更对各期财务报表中各个报表项目的影响。未受该变更影响的报表项目未被包括在内。因此，披露的小计数和合计数不能通过所提供的数值重新计算得出。


Prior Year RestatementIncome Statement (extract) 2013

(previously stated)Profit

increase/(decrease)2013

(restated)

Revenue 84,460 3,957 88,417Other income 2,481 129 2,610Cost of sales (43,524) (1,284) (44,808)Distribution expenses (18,548) (297) (18,845)Marketing expenses (8,966) (150) (9,116)Administrative expense (5,877) (325) (6,202)Share of net profits of associates 170 (170) 0Profit for the period 10,196 1,860 12,056Profit is attributable to:Owners 10,196 1,302 11,498Non-controlling interests 0 558 558

10,196 1,860 12,056Other comprehensive income for the period

5,599 0 5,599

Total comprehensive income for the period

15,795 1,860 17,655

Total comprehensive income attributable to:Owners 15,795 1,860 17,655Non-controlling interests 0 0 0

15,795 1,860 17,655Basic earnings per share xx xx Diluted earnings per share xx xx

Prior Year RestatementStatement of Cash Flows (extract) 2013

(previously stated)Increase/

(Decrease)2013

(restated)

Gross cash flow from operating activities

41,067 1,965 43,032

Interest paid (4,124) (149) (4,273)Net cash flows from operating activities

36,943 1,816 38,759

Cash flows from investing activitiesPurchase of property, plant and equipment

(18,132) (638) (18,770)

Acquisition of intangible assets (760) (23) (783)(18,892) (661) (19,553)

Cash flow from financing activitiesRepayment of borrowings (25,255) (192) (25,447)Net movements in cash flows (7,204) 963 (6,241)

The impact of this change in the entity’s accounting policy on individual line items in the financial statements can be summarised as follows:


前一年度的重述

利润表（摘录） 2013年（重述前）利润增加 /（减少）额 2013年（经重述）收入 84,460 3,957 88,417

其他收益 2,481 129 2,610

销售成本 (43,524) (1,284) (44,808)

销售费用 (18,548) (297) (18,845)

营销费用 (8,966) (150) (9,116)

管理费用 (5,877) (325) (6,202)

享有联营利润的份额 170 (170) 0

本期利润 10,196 1,860 12,056

利润归属于：

所有者 10,196 1,302 11,498

非控制性权益 0 558 558

10,196 1,860 12,056

本期其他综合收益 5,599 0 5,599

本期综合收益总额 15,795 1,860 17,655

综合收益总额归属于：

所有者 15,795 1,860 17,655

非控制性权益 0 0 0

15,795 1,860 17,655

基本每股收益 xx xx

稀释每股收益 xx xx

前一年度的重述

现金流量表（摘录） 2013年（重述前）增加 /（减少）额 2013年（经重述）经营活动产生的现金流量总额 41,067 1,965 43,032

已付利息 (4,124) (149) (4,273)

经营活动产生的现金流量净额 36,943 1,816 38,759

投资活动使用的现金流量

购买不动产、工厂和设备 (18,132) (638) (18,770)

购买无形资产 (760) (23) (783)

(18,892) (661) (19,553)

筹资活动使用的现金流量

偿还借款 (25,255) (192) (25,447)

现金流量变动净额 (7,204) 963 (6,241)

该会计政策变更对财务报表中各个项目的影响可以概括如下：


Prior Years RestatementBalance Sheet (extract) 30 June 2013

(previously stated)

Increase / (Decrease)

30 June 2013

(restated)

1 July 2012 (previously

stated)

Increase / (Decrease)

1 July 2012 (restated)

Current AssetsCash 24,473 1,000 25,473 17,145 759 17,904Trade receivables 12,564 585 13,149 8,573 590 9,163Inventories 16,942 900 17,842 13,960 823 14,783Non-current assetsProperty, plant and equipment

100,830 34,890 135,720 88,835 29,754 118,589

Associate 4,956 (4,401) 555 3,754 (2,541) 1,213Intangible assets 22,795 395 23,190 22,780 299 23,079Total assets 182,560 33,369 215,929 155,047 29,684 184,731Current liabilitiesTrade and other payables 12,827 498 13,325 13,180 365 13,545Non-current liabilitiesBorrowings 62,575 19,786 82,361 59,400 20,172 79,572Total liabilities 75,402 20,284 95,686 72,580 20,537 93,117Net assets 107,158 13,085 120,243 82,467 9,147 91,614Equity attributable to:Parent 107,158 9,160 116,318 82,467 6,403 88,870Non-controlling interests 0 3,926 3,926 0 2,744 2,744

107,158 13,085 120,243 82,467 9,147 91,614

Please note that the disclosures and financial impacts are purely for illustrative purposes and are not necessarily consistent with the numbers in the statement of comprehensive income.


以前年度重述

资产负债表（摘录） 2013年6月30日（重述前）

增加 / （减少）额

2013年6月30日（重述后）

2012年7月1日（重述前）

增加 / （减少）额

2012年7月1日（经重述）

流动资产

现金 24,473 1,000 25,473 17,145 759 17,904

应收账款 12,564 585 13,149 8,573 590 9,163

存货 16,942 900 17,842 13,960 823 14,783

非流动资产

不动产、工厂和设备 100,830 34,890 135,720 88,835 29,754 118,589

联营投资 4,956 (4,401) 555 3,754 (2,541) 1,213

无形资产 22,795 395 23,190 22,780 299 23,079

总资产 182,560 33,369 215,929 155,047 29,684 184,731

流动负债

应付账款及其他应付款 12,827 498 13,325 13,180 365 13,545

非流动负债

借款 62,575 19,786 82,361 59,400 20,172 79,572

总负债 75,402 20,284 95,686 72,580 20,537 93,117

净资产 107,158 13,085 120,243 82,467 9,147 91,614

权益归属于：

母公司 107,158 9,160 116,318 82,467 6,403 88,870

非控制性权益 0 3,926 3,926 0 2,744 2,744

107,158 13,085 120,243 82,467 9,147 91,614

以上披露和财务数据仅用于举例说明，与综合收益表中的数据不一定存在勾稽关系。


2. Critical accounting estimates and judgements (extracts)

(b) Critical judgements in applying the entity’s accounting policies (extracts)

(i) Consolidation of entities in which the group holds less than 50%

The directors have concluded that the group controls Value Accounts Overseas Ltd, even though it holds less than half of the voting rights of this subsidiary. This is because the group is the largest shareholder with a 45% equity interest, while the remaining shares are held by eight investors.

An agreement signed between the shareholders and Value Accounts Overseas Ltd grants Value Accounts Holdings Ltd the right to appoint, remove and set the remuneration of management responsible for directing the relevant activities. A 67% majority vote is required to change this agreement, which cannot be achieved without the group’s consent as the group holds 45% of the voting rights.

(ii) Non-consolidation of entities in which the group holds more than 50%

The directors have also determined that they do not control a company called Value Accounts Trustee Pty Ltd even though Value Accounts Holdings Ltd owns 100% of the issued capital of this entity. Value Accounts Trustee Pty Ltd is the trustee of the Value Accounts Employees’ Superannuation Fund. It is not a controlled entity of Value Accounts Holdings Ltd, because Value Accounts Holdings Ltd is not exposed, and has no right, to variable returns from this entity and is not able to use its power over the entity to affect those returns.

Note 42 Subsidiaries and transactions with non-controlling interests (extract)

(a) Interest in subsidiaries

Set out below are the group’s principal subsidiaries at 30 June 2014. Unless otherwise stated, the subsidiaries have share capital consisting solely of ordinary shares, which are held directly by the group, and the proportion of ownership interests held equals the voting rights held by the group. The country of incorporation or registration is also their principal place of business.

Name of entity Place of business / Country of

incorporation

% of ownership interest held by the

group

% of ownership interest held by the

non-controlling interests (NCI)

Principal activities

2014 2013 2014 2013 Value Accounts Retail Ltd

Australia 100 100 0 0 Furniture retail stores

Value Accounts Manufacturing Ltd

Australia 88.3 85 11.7 15 Furniture manufacture

Value Accounts Electronics Pty Ltd

Australia 70 0 30 0 Electronic equipment

manufacture

Value Accounts Overseas Ltd

Indonesia 45 45 55 55 Furniture manufacture

Value Accounts Consulting Ltd

Australia 100 100 0 0 IT consulting

Value Accounts Development Ltd

Australia 100 100 0 0 Development of residential

land


主体名称业务经营地 / 设立地所属国家

本集团持有比例% 非控制性权益持有比例%

主要经营活动

2014年 2013年 2014年 2013年价值账户零售有限公司

澳大利亚 100 100 0 0 家具零售商店

价值账户生产有限公司

澳大利亚 88.3 85 11.7 15 家具生产

价值账户电子私人有限公司

澳大利亚 70 0 30 0 电子设备生产

价值账户海外有限公司

印度尼西亚 45 45 55 55 家具生产

价值账户咨询有限公司

澳大利亚 100 100 0 0 信息技术咨询

价值账户开发有限公司

澳大利亚 100 100 0 0 居住用地开发

2 . 重要会计估计和判断（摘录）

(b) 应用会计政策时的重要判断（摘录）

(i) 合并持有不足50%所有者权益主体的情况

董事已得出本集团控制价值账户海外有限公司的结论，尽管本集团持有该子公司不足50%的表决权。这是因为本集团是拥有该公司45%所有者权益的最大股东，而剩余股份由八个不同投资方持有。

价值账户海外有限公司与其股东之间签署的一项协议，授予价值账户海外有限公司任免负责主导该公司相关活动的管理人员以及为这些人员制定薪酬的权利。更改这一协议需要67%的表决权。由于本集团持有该公司45%的表决权，在未经本集团同意的情况下该协议无法被修改。

(ii) 不合并持有超过50%所有者权益主体的情况

董事同时确定本集团不控制一家名为价值账户信托私人有限公司，尽管价值账户海外有限公司拥有该私人有限公司100%已发行股本。该私人有限公司是价值账户海外有限公司职工退休基金的受托人，并非一个受价值账户海外有限公司控制的主体，因为其并不面临也无权享有该主体的可变动报酬，也无能力通过其对该主体的权力来影响这些报酬。

附注42 子公司以及与非控制性权益的交易（摘录）

(a) 在子公司中的权益

2014年6月30日本集团的主要子公司列示如下。除非另行说明，子公司的股本仅由普通股组成，由本集团直接持有，且本集团持有的所有权权益比例等于表决权比例。设立或注册地所属的国家也是其主要业务经营地。


(b) Significant restrictions

Cash and short-term deposits held in Asian countries (including Indonesia) are subject to local exchange control regulations. These regulations provide for restrictions on exporting capital from those countries, other than through normal dividends.

The carrying amount of the assets included within the consolidated financial statements to which these restrictions apply is CU650,000 (2013 – CU410,000).

(c) Non-controlling interests

Set out below is summarised financial information for each subsidiary that has non-controlling interests (NCI) that are material to the group. The amounts disclosed for each subsidiary are before inter-company eliminations.



Value Accounts Electronics Ltd

Summarised balance sheet

30 June 2013

30 June 2012

30 June 2013

30 June 2012

30 June 2013

30 June 2012

CU000 CU000 CU000 CU000 CU000 CU000Current assets 13,870 13,250 11,500 9,800 7,825 -Current liabilities 12,570 7,595 10,570 8,300 1,200 -

Current net assets 1,300 5,655 930 1,500 6,675Non-current assets 28,010 22,910 15,570 12,730 18,900 -Non-current liabilities 5,800 3,400 12,735 10,748 10,100 -Non-current net assets 22,210 19,510 2,835 1,982 8,800 -Net assets 23,510 25,164 3,765 3,482 15,475 -Accumulated NCI 2,751 3,775 2,071 1,914 4,641 -




Summarised statement of comprehensive income

2013 2012 2013 2012 2013 2012

CU000 CU000 CU000 CU000 CU000 CU000Revenue 30,200 27,800 14,100 14,450 3,850 -Profit for the period 10,745 7,900 2,412 2,062 1,405 -Other comprehensive income

1,265 830 (447) 243 - -

Total comprehensive income

12,010 8,730 1,965 2,305 1,405 -

Profit/(loss) allocated to NCI

1,257 1,185 1,327 1,134 422 -

Dividends paid to NCI 1,262 935 925 893 830 -Value Accounts Manufacturing Ltd



Summarised cash flows 2013 2012 2013 2012 2013 2012CU000 CU000 CU000 CU000 CU000 CU000

Cash flows from operating activities

2,989 2,780 1,203 1,160 980 -

Cash flows from investing activities

(1,760) (1,563) (584) (859) (870) -

Cash flows from financing activities

390 (950) 256 330 (235) -

Net increase/(decrease) in cash and cash equivalents

1,619 267 875 631 (125) -


价值账户生产有限公司价值账户海外有限公司价值账户电子有限公司

汇总资产负债表 2013年 6月30日

2012年 6月30日

2013年 6月30日

2012年 6月30日

2013年 6月30日

2012年 6月30日

千元千元千元千元千元千元

流动资产 13,870 13,250 11,500 9,800 7,825 -

流动负债 12,570 7,595 10,570 8,300 1,200 -

流动资产净额 1,300 5,655 930 1,500 6,675非流动资产 28,010 22,910 15,570 12,730 18,900 -

非流动负债 5,800 3,400 12,735 10,748 10,100 -

非流动资产净额 22,210 19,510 2,835 1,982 8,800 -

净资产 23,510 25,164 3,765 3,482 15,475 -

累计非控制性权益 2,751 3,775 2,071 1,914 4,641 -


汇总综合收益表 2013年 2012年 2013年 2012年 2013年 2012年千元千元千元千元千元千元

收入 30,200 27,800 14,100 14,450 3,850 -

本期利润 10,745 7,900 2,412 2,062 1,405 -

其他综合收益 1,265 830 (447) 243 - -

综合收益总额 12,010 8,730 1,965 2,305 1,405 -

归属于非控制性权益的损益 1,257 1,185 1,327 1,134 422 -

向非控制性权益支付的股利 1,262 935 925 893 830 -


汇总现金流量表 2013年 2012年 2013年 2012年 2013年 2012年千元千元千元千元千元千元

经营活动产生的现金流量 2,989 2,780 1,203 1,160 980 -

投资活动使用的现金流量 (1,760) (1,563) (584) (859) (870) -

筹资活动产生(使用 )的现金流量

390 (950) 256 330 (235) -

现金及现金等价物的净增加/（减少）额

1,619 267 875 631 (125) -

(b) 重大限制

在亚洲国家（包括印度尼西亚）持有的现金和短期存款受到当地外汇管制规定的限制。外汇管制规定对除正常分配股利之外的其他方式从这些国家输出资本做出了限制。

本合并财务报表中受到限制资产的账面价值为650,000元（2013年 410,000元）。

(c) 非控制性权益

下表列示了对本集团而言拥有重大的非控制性权益的各子公司的汇总财务信息。披露的是公司间内部往来抵销前的金额。


(d) Transactions with non-controlling interests

On 21 April 2014, VALUE ACCOUNTS Holdings Ltd acquired an additional 3.35% of the issued shares of VALUE ACCOUNTS Manufacturing Ltd for a purchase consideration of CU500,000. The carrying amount of the non-controlling interests in VALUE ACCOUNTS Manufacturing Ltd on the date of the transaction was CU1,300,000. The group recognised a decrease in non-controlling interests of CU290,000, and a decrease in equity attributable to owners of the parent of CU210,000. The effect of changes in the ownership interest of VALUE ACCOUNTS Manufacturing Ltd on the equity attributable to the owners of VALUE ACCOUNTS Holdings Ltd during the year is summarised as follows:

2013 CU000

2012 CU000

Carrying amount of non-controlling interests acquired 1,167 -Consideration paid to non-controlling interests (1,500) -Excess of consideration paid recognised in the transactions with non-controlling interests reserve within equity

(333) -

There were no transactions with non-controlling interests in 2013.


2013 千元

2012 千元

所取得非控制性权益的账面价值 1,167 -

向非控制性权益支付的对价 (1,500) -

在所有者权益中确认的与非控制性权益交易的中所支付的对价超出账面价值的部分

(333) -

2013年本集团并不存在与非控制性权益的交易。

(d) 与非控制性权益的交易

2014年4月21日，价值账户控股有限公司以500,000元的对价购买了价值账户生产有限公司已发行股份的3 . 3 5%股权。在本交易日价值账户生产有限公司的非控制性权益的账面价值为1,300,000元。本集团确认了非控制性权益的减少额290,000元，以及归属于母公司所有者权益的增加额210,000元。本年度价值账户生产有限公司所有权权益的变化对归属于价值账户控股有限公司所有者的权益的影响被概括如下：


Appendix 2: Example disclosures for unconsolidated structured entities

Notes – Summary of accounting policies (extracts)Standards effective for annual periods beginning on or after 1 January 2013 and which have been adopted by the Fund.

IFRS 12, ‘Disclosure of Interests in other Entities’: the standard requires entities to disclose significant judgements and assumptions made in determining whether the entity controls, jointly controls, significantly influences or has some other interests in other entities. Entities are also required to provide more disclosures around certain ‘structured entities’. Adoption of the standard has impacted the Fund’s level of disclosures in certain of the above-noted areas, but has not impacted the Fund’s financial position or results of operations.

IFRS 10, ‘Consolidated Financial Statements’, IFRS 11, ‘Joint Arrangements’, IAS 27 (revised 2011), ‘Separate Financial Statements’, IAS 28 (revised 2011), ‘Associates and Joint Ventures’ and the ‘Transition Guidance (Amendments to IFRS 10, IFRS 11 and IFRS 12)’ have also been early adopted, as required by IFRS 12; however, these standards and amendments have had no significant impact on the Fund.

Structured entitiesA structured entity is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only, and

the relevant activities are directed by means of contractual arrangements. A structured entity often has some or all of the following features or attributes: (a) restricted activities; (b) a narrow and well-defined objective, such as to provide investment opportunities for investors by passing on risks and rewards associated with the assets of the structured entity to investors; (c) insufficient equity to permit the structured entity to finance its activities without subordinated financial support; and (d) financing in the form of multiple contractually linked instruments to investors that create concentrations of credit or other risks (tranches).

The Fund has determined that all of its investments in other funds (‘Investee Funds’) are investments in unconsolidated structured entities. The Fund invests in Investee Funds whose objectives range from achieving medium- to long-term capital growth and whose investment strategy does not include the use of leverage. The Investee Funds are managed by unrelated asset managers and apply various investment strategies to accomplish their respective investment objectives. The Investee Funds finance their operations by issuing redeemable shares which are puttable at the holder’s option and entitle the holder to a proportional stake in the respective fund’s net assets.

The Fund holds redeemable shares in each of its Investee Funds.

The change in fair value of each Investee Fund is included in the statement of comprehensive income in ‘Net gains/(losses) on financial instruments held at fair value through profit or loss’.

Commentary – sponsored structural entitiesFor the purpose of this example disclosure, it is assumed that the Fund has not sponsored any structured entities; if the Fund had sponsored a structured entity, it would need to make the additional disclosures required by paragraph 27 of IFRS12.


附录 2：未合并的结构性主体披露示例

附注 — 会计政策概要（摘录）

对起始日在2013年1月1日或之后的年度期间生效且已被本基金采用的准则。

《国际财务报告准则第12号——对其他主体中权益的披露》：该准则要求主体披露在确定主体是否控制或共同控制其他主体、对其他主体产生重大影响还是在其他主体中拥有一些其他权益时所作的重大判断和假设。主体还被要求提供更多关于某些“结构性主体”的披露信息。该准则的采用会影响到本基金在以上所述领域的披露程度，但并未对本基金的财务状况或经营成果造成影响。

《国际财务报告准则第10号——合并财务报表》、《国际财务报告准则第11号——合营安排》、《国际会计准则第27号——单独财务报表》（2011年修订版）、《国际会计准则第28号——联营企业和合营企业》（2 011年修订版）和《过渡指引（对国际财务报告准则第10号、第11号和第12号的修改）》也已根据IFRS 12的要求被提前采用；然而，这些准则和修改并未对本基金产生重大影响。

结构性主体

结构性主体是指被设计成表决权或类似权利并不是决定控制的决定性因素的主体，例如表决权仅与日常行政管理工作相关，相关活动通过合同安排来主导。结构性主体通常具有下列部分或全部特征或特性：(a) 受到限制的活动； (b) 狭窄且定义明确的目标，例如通过将与结构性主体资产相关的风险与报酬转移至投资方来为投资方提供投资机会；(c) 权益不足以使结构性主体能够在未获得次级财务支持的情况下为其活动提供融资；及 (d) 以发行基于多项合同相关联的工具的形式向投资方融资，从而（或分批次）造成信用或其他风险的集中。

本基金已确定对其他基金（“被投资基金”）的所有投资均属于对未合并的结构性主体的投资。本基金所投资的被投资基金的经营目标是实现资本的中长期增值，且投资策略不包括杠杆的使用。被投资基金由无关联关系的资产管理者管理，并应用不同的投资策略来实现各自的投资目标。被投资基金通过发行持有者享有卖出期权的可赎回股份来为其经营融资，且持有者按投资份额对各基金净资产享有权益。

本基金对其被投资基金的投资均为可赎回股份。

被投资基金的公允价值变动记入综合收益表的项目为“以公允价值计量且其变动计入损益的金融工具的净利得/（损失）”。

注 — 发起的结构性主体

出于本披露示例的目的，假设本基金未发起任何结构性主体；如果本基金已发起一个结构性主体，则需按照IFRS 12第27段的要求进行额外披露。


Commentary – paragraph 26 of IFRS 12 and comparative disclosureIFRS 12 requires disclosure of qualitative and quantitative information about an entity’s interests in unconsolidated structured entities, including, but not limited to, the nature, purpose, size and activities of the structured entity and how the structured entity is financed. Paragraph C2B of IFRS12 states that ‘the disclosure requirements of paragraphs 24–31 and the corresponding guidance in paragraphs B21–B26 of this IFRS need not be applied for any period presented that begins before the first annual period for which IFRS 12 is applied’. As such, no comparative disclosure has been included above.

Notes – financial risk management (extracts)The Fund’s investments in Investee Funds are subject to the terms and conditions of the respective Investee Fund’s offering documentation and are susceptible to market price risk arising from uncertainties about future values of those Investee Funds. The investment manager makes investment decisions after extensive due diligence of the underlying fund, its strategy and the overall quality of the underlying fund’s manager. All of the Investee Funds in the investment portfolio are managed by portfolio managers who are compensated by the respective

Investee Funds for their services. Such compensation generally consists of an asset-based fee and a performance-based incentive fee and is reflected in the valuation of the Fund’s investment in each of the Investee Funds.

The right of the Fund to request redemption of its investments in Investee Funds ranges in frequency from weekly to semi-annually.

The exposure to investments in Investee Funds at fair value, by strategy employed, is disclosed in the following table.

These investments are included in financial assets at fair value through profit or loss in the statement of financial position.

Strategy Number of Investee

Funds

Net asset value of Investee Fund (range

and weighted average)

CUmillion

Fair value of Fund’s assets of investment

CU000*

% of net assets attributable to

holders of redeemable

shares**Equity long / short 12 25–60 / (45) 55,548 40.6Event driven 10 75–107 / (82) 41,531 37.2Directional trading 6 100–225 / (175) 9,668 8.7Multi-strategy 2 37–45 / (41) 5,752 5.2Fund of Funds 2 21–25 / (23) 5,565 5.0Relative value 5 25–100 / (66) 1,456 1.3 119,520

*The fair value of financial assets (CU119,520) is included in financial assets at fair value through profit or loss in the statement of financial position

**This represents the entity’s percentage interest in the total net assets of the Investee Funds


注 — IFRS 12第26段和比较信息披露

IFRS 12要求定性及定量披露关于主体在未合并结构性主体中权益信息，包括但不限于该结构性主体的性质、目的、规模和活动以及该结构性主体融资安排。IFRS 12第C2B段规定“本财务报告准则第24-31段的披露要求和第B21–B26段中的相应指南不适用于所列报的任何起始日在首次执行IFRS 12年度之前的期间”。因此上文不披露任何比较期间相关信息。

策略被投资基金数量

被投资基金的净资产价值（区间和加权平均数）

百万元

本基金投资资产的公允价值

千元*

归属于可赎回股份持有者的净资产%**

权益（长期/短期） 12 25–60 / (45) 55,548 40.6

事件驱动 10 75–107 / (82) 41,531 37.2

方向性交易 6 100–225 / (175) 9,668 8.7

多策略 2 37–45 / (41) 5,752 5.2

基金中的基金 2 21–25 / (23) 5,565 5.0

相对价值 5 25–100 / (66) 1,456 1.3

119,520

*金融资产的公允价值（119,520元）被记入财务状况表中以公允价值计量且其变动计入损益的金融资产

**这代表主体在被投资基金净资产总额中的所占权益百分比

附注 — 财务风险管理（摘录）

本基金根据各被投资基金发行文件的条款和条件对被投资基金进行投资，这些被投资基金未来价值的不确定性会使本基金承受市场价格变动风险。投资经理在对标的基金、投资策略及基金经理的整体素质进行广泛的尽职调查后作出投资决策。投资组合经理负责管理投资组合中投资的所有被投资基金，各被投资基金接受相关服务而支付给投资组合经理报酬。该

报酬一般由基于资产规模的管理费和基于绩效的激励费组成，并反映在本基金对各被投资基金的投资的估值中。

本基金有权要求赎回其对被投资基金的投资，赎回频率从每周一次到每半年一次不等。

根据所运用的策略，以公允价值计量的对被投资基金投资的风险敞口披露于下表。

这些投资记入财务状况表中以公允价值计量且其变动计入损益的金融资产。


The Fund’s maximum exposure to loss from its interests in Investee Funds is equal to the total fair value of its investments in Investee Funds.

Once the Fund has disposed of its shares in an Investee Fund, it ceases to be exposed to any risk from that Investee Fund.

The Fund’s investment strategy entails trading in other funds on a regular basis. Total

purchases in Investee Funds during the year ended 30 June 2014 was CU35,345,000. The Fund intends to continue opportunistic trading in other funds. As at 30 June 2014 and 30 June 2013, there were no capital commitment obligations and no amounts due to Investee Funds for unsettled purchases.

During the year ended 30 June 2014, total net losses incurred on investments in Investee Funds were CU17,381,000.

Commentary – IFRS 7The disclosure requirements of IFRS 7 and IFRS 12 might overlap to some extent. However, the intention is that both standards complement each other. [IFRS 12 paras BC72–BC74]. Therefore, in situations where a fund invests in other funds, which fall within the definition of a structured entity, additional disclosures requirements will result from the application of IFRS 12.


注 — 国际财务报告准则第7号（“IFRS 7”）

在某种程度上IFRS 7和IFRS 12的披露要求可能重复。然而其意图在于使两项准则互为补充。[IFRS 12 BC第72–74段]。因此，在基金对定义为结构性主体的其他基金进行投资的情况下，IFRS 12的应用将导致额外的披露要求。

本基金在被投资基金中的权益所面临的最大风险敞口等于其对被投资基金投资的公允价值总额。

一旦本基金处置了在被投资基金中的投资，则不再面临任何来自该被投资基金的风险。

本基金的投资策略需要定期对其他基金进行交易。截至2014年6月30日止的年度期间购买

被投资基金总额为35,345,000元。本基金计划继续对其他基金进行投机交易。于2014年6月30日和2013年6月30日本基金不存在资本承诺义务，也不存在应支付给被投资基金的未结算金额。

截至2014年6月30日止的年度期间，对被投资基金投资的净损失总额为17,381,000元。


Appendix 3: Illustration of disclosures for interests in joint arrangements and associates

Illustrated below are some of the key disclosure requirements for the example scenario presented.

Please note:, this is not a complete listing – these are example extracts only.

Background information and assumptionsIn compiling this illustrative example, we have made the following assumptions:

• All joint arrangements and associates have the same financial year end as the reporting entity.

• None of the joint arrangements or associates are measured at fair value.

• None of the entity’s investments in the joint arrangements or associates are impaired.

• There are no unrecognised losses in relation to any equity accounted investments.

• There are no changes to the facts and circumstances during the period that would lead to a change in classification of the joint arrangements or associates.

• The reporting entity has three material arrangements for disclosure: Kangaroo Pty Ltd (associate); Koala Pty Ltd (joint venture); and Crocodile Venture Agreement (joint operation).

• The reporting entity also has interests in five individually immaterial associates that are accounted for using the equity method.

1. Accounting policy note disclosure

(a) Associates

Associates are all entities over which the group has significant influence but not control or joint control, generally accompanying a shareholding of between 20% and 50% of the voting rights. Investments in associates are accounted for using the equity method of accounting, after initially being recognised at cost. The group’s investment in associates includes goodwill identified on acquisition.

The group’s share of its associates’ post-acquisition profits or losses is recognised in profit or loss, and its share of post-acquisition other comprehensive income is recognised in other comprehensive income. The cumulative post-acquisition movements are adjusted against the carrying amount of the investment. Dividends receivable from associates are recognised as a reduction in the carrying amount of the investment.

Where the group’s share of losses in an associate equals or exceeds its interest in the associate, including any other unsecured long-term receivables, the group does not recognise further losses, unless it has incurred obligations or made payments on behalf of the associate.

Unrealised gains on transactions between the group and its associates are eliminated to the extent of the group’s interest in the associates. Unrealised losses are also eliminated, unless the transaction provides evidence of an impairment of the asset transferred. Accounting policies of associates have been changed, where necessary, to ensure consistency with the policies adopted by the group.

IAS 28 paras 28, 35


附录3：对在合营安排和联营企业中的权益披露的说明

针对示例情况，以下仅列示了的部分关键披露要求。

请注意：这不是一份完整的披露清单，只是示例的摘录。

背景信息和假设

在编写这一说明性示例时，我们做出了下列假设：

• 所有合营安排和联营企业的财务年度均与报告主体相同。

• 对合营安排和联营企业的投资均不以公允价值计量。

• 主体对合营安排或联营企业的投资均未减值。

• 不存在任何与以权益法核算的投资相关的未确认损失。

• 本期没有发生任何将导致合营安排或联营企业分类发生变化的事实和情况。

• 报告主体有三项需要披露的重要安排：袋

鼠私人有限公司（联营企业）；考拉私人有限公司（合营企业）；和鳄鱼合营协议（共同经营）。

• 报告主体还拥有在五个单独而言不重要的以权益法核算的联营企业中的权益。

1. 会计政策摘要的披露

(a) 联营企业

联营企业是本集团具有重大影响但并不控制或共同控制，一般附带有20%至50%表决权的股份。对联营企业的投资在以成本进行初始确认后以权益法核算。本集团对联营企业的投资包括收购时已辨认的商誉。

本集团应占联营企业购买后损益的份额在损益表中确认，而应占购买后其他综合收益的份额在其他综合收益中确认，并相应调整投资的账面价值。应向联营企业收取的股利于确认时减少投资的账面价值。

当集团在联营企业亏损中的份额等于或超出其在联营企业中的权益（包括任何其他无担保的长期应收款）时，本集团不确认进一步亏损，除非其已对联营企业产生义务或已代联营企业付款。

本集团与其联营企业之间交易的未实现利得以本集团在联营企业中的权益为限进行抵销。未实现损失也被抵销，除非该交易提供证据证明所转移资产已发生减值。联营企业的会计政策已按需要做出改变，以确保与本集团所采用会计政策一致。

IAS 28第28、35段


(b) Joint arrangements

Under IFRS 11, ‘Joint Arrangements’, investments in joint arrangements are classified as either joint operations or joint ventures, depending on the contractual rights and obligations that each investor has, rather than the legal structure of the joint arrangement. The entity has assessed the nature of its joint arrangements and determined that it has both joint operations and joint ventures.

IFRS 11 para 14

(i) Joint operations

The entity recognises its direct rights to the (and its share of) jointly held assets, liabilities, revenues and expenses of joint operations. These have been incorporated in the financial statements under the appropriate headings.

IFRS 11 para 20

(ii) Joint ventures

Interests in joint ventures are accounted for using the equity method. Under this method, the interests are initially recognised in the consolidated balance sheet at cost and adjusted thereafter to recognise the group’s share of the post-acquisition profits or losses, and movements in other comprehensive income, in profit or loss and other comprehensive income respectively.

Where the group’s share of losses in a joint venture equals or exceeds its interests in the joint ventures (which include any long-term interests that, in substance, form part of the group’s net investment in the joint ventures), the group does not recognise further losses, unless it has incurred obligations or made payments on behalf of the joint ventures.

Unrealised gains on transactions between the group and its joint ventures are eliminated to the extent of the group’s interest in the joint ventures. Unrealised losses are also eliminated, unless the transaction provides evidence of an impairment of the asset transferred.

Accounting policies of the joint ventures have been changed where necessary, to ensure consistency with the policies adopted by the group.

IFRS 11 para 24

2. Critical accounting estimates and significant judgements note disclosures

IAS 1 para 122

Classification of joint arrangements

The entity’s joint venture, Koala Ltd, is structured in a separate incorporated company. The reporting entity holds 50% of the interest in the arrangement and, under the joint arrangement agreement, unanimous consent is required from all parties to the agreement for all relevant activities. The reporting entity and the parties to the agreement only have rights to the net assets of the company through the terms of the contractual arrangement. Other facts and circumstances, however, have also been considered to determine the classification of this arrangement.

The parties to the arrangement take 60% of the output produced by the venture, with the remaining 40% being sold to third party customers. The level of output taken by the parties to the joint arrangement is not considered substantial to indicate that the arrangement has been set up primarily for the provision of output to the parties and that they have direct rights to substantially all of the economic benefits of the arrangement. Similarly, the parties are not considered to be substantially the only source of cash flows contributing to the continuity of the arrangement, indicating that the parties do not have a direct obligation for the liabilities relating to the arrangement.

This arrangement is therefore classified as a joint venture of the reporting entity.

IFRS 12 para 7


(b) 合营安排

根据《国际财务报告准则第11号——合营安排》（“IFRS 11”），对合营安排的投资被分类为共同经营或合营企业，取决于各投资方的合同权利和义务，而非合营安排的法律架构。本主体已评估其合营安排的性质并已确定其同时拥有共同经营和合营企业。

IFRS 11第14段

(i) 共同经营

本主体确认了其对共同经营资产、负债、收入和费用的直接权利（及其份额）。这些已包含在财务报表的适当项目中。

IFRS 11第20段

(ii) 合营企业

在合营企业中的权益以权益法核算。根据该核算方法，合营权益以投资成本在合并资产负债表中进行初始确认，期后分别在当期损益和其他综合收益中确认本集团在购买后损益中的份额和在其他综合收益变动中的份额。

当本集团在合营企业亏损中的份额等于或超出其在合营企业中的权益（其包括任何在实质上构成集团对合营企业净投资的一部分的长期权益）时，本集团不确认进一步的损失，除非其已对合营企业产生义务或已代合营企业付款。

本集团与其合营企业之间交易的未实现利得以集团在合营企业中的权益为限进行抵销。未实现损失也被抵销，除非该交易提供证据证明所转移资产已发生减值。

合营企业的会计政策已按需要做出改变，以确保与本集团所采用会计政策一致。

IFRS 11第24段

2. 重要会计估计和重大判断的披露

IAS 1第122段

合营安排的分类

本主体的合营企业，考拉有限公司是一家独立的法人公司。本报告主体持有该公司50%的权益，且根据合营安排协议，所有相关活动均需所有协议方的一致同意。通过合同安排的条款，报告主体和协议方仅对该公司的净资产拥有权利。然而在确定合营安排的类型时，本主体也考虑了其他事实和情况。

合营企业产出的60%由合营安排的各参与方获得，剩下的40%产出被销售给第三方客户。合营安排各参与方所得到的产出水平的重大程度不足以表明该合营安排的设立主要是为了向参与方提供产出，也不表明各参与方实质上拥有该合营安排的所有经济利益的直接权利。同样的，实质上参与方不是该合营安排持续进行的唯一现金流量来源，这说明各参与方不承担对该合营安排相关负债的直接义务。

因该安排被分类为报告主体的合营企业。

IFRS 12第7段


3.Associates and joint arrangements note disclosure

(a) Joint operations

The reporting entity has entered into a joint arrangement, called the Crocodile Venture Agreement, to develop properties for residential housing. The reporting entity has a 40% participating interest in this arrangement and, under the terms of the agreement, has a direct share in all of the assets employed by the arrangement and is liable for its share of the liabilities incurred. There is no legal or contractual separation between the arrangement and the parties to the arrangement. The reporting entity has therefore classified this arrangement as a joint operation. It has included its interests in the assets, liabilities, revenue and expenses in the appropriate line items in the balance sheet and income statement respectively, in accordance with the accounting policy.

IFRS 11 paras 7, 15, 21

The principal place of business of the joint operation is in Australia.

IFRS 12 para 21

(b) Interests in associates and joint ventures

Set out below are the associates and joint ventures of the reporting entity as at 30 June 20XX which, in the opinion of the directors, are material to the reporting entity. The entities listed below have share capital consisting solely of ordinary shares, which are held directly by the reporting entity. The country of incorporation or registration is also their principal place of business, and the proportion of ownership interest is the same as the proportion of voting rights held.

Name of entity

Place of business / Country of

incorporation

% of ownership

interest

Nature of relationship

Measurement method

Quoted fair value

20XX 20XY 20XX 20XY

% % CU CU

Kangaroo Pty Ltd

Australia 30 30 Associate (1) Equity method 750 650

Koala Pty Ltd

Australia 50 50 Joint venture (2) Equity method -* -*

(1) Kangaroo Pty Ltd develops residential land. It is a strategic investment which uses the reporting entity’s knowledge and expertise in the development of residential land but, at the same time, limits the reporting entity’s risk exposure through a reduced equity holding.

(2) Koala Pty Ltd is a manufacturer of specialised equipment for the hospitality industry. It is a strategic joint venture for the reporting entity which complements the services provided by its own hospitality sector.

* Private entity – no quoted price available.

IFRS 12 para 21


主体名称业务经营地 / 设立地所属国家

所有权权益% 关系的性质计量方法公允价值

20XX年 20XY年 20XX年 20XY年

% % 元元

袋鼠私人有限公司澳大利亚 30 30 联营企业 (1) 权益法 750 650

考拉私人有限公司澳大利亚 50 50 合营企业 (2) 权益法 -* -*

(1) 袋鼠私人有限公司开发住宅用地。对于该公司的投资是一项战略性投资，利用了报告主体在住宅用地开发方面的知识和专业技能，通过持有较少的权益从而降低了报告主体的风险敞口。

(2) 考拉私人有限公司是为招待业制造专用设备的制造商，是报告主体的战略性合营企业，可以补充本主体自有招待部门所提供的服务。

* 私营主体 – 不存在报价。

IFRS 12第21段

3. 联营企业和合营安排的附注披露

(a) 共同经营

本报告主体已订立一项被称为鳄鱼合营协议的合营安排，以进行住宅用房地产的开发。本报告主体在该安排中拥有40%的参与性权益，且根据协议条款，本报告主体拥有该安排下资产的直接份额并对其所承担的负债份额承担责任。该合营安排与各参与方之间并不存在法律或合同上的分隔。因此，本报告主体将该安排分类为共同经营。并按照会计政策将其在资产、负债、收入和费用中的权益分别记入资产负债表和利润表中的适当项目。

IFRS 11第7、15、21段

该共同经营的主要业务经营地是澳大利亚。

IFRS 12第21段

(b) 在联营企业和合营企业中的权益

下表列示了截至20XX年6月30日董事认为对本报告主体重要的联营企业和合营企业。以下列示主体的股本仅由普通股构成，报告主体直接持有这些普通股。设立或注册地所属的国家也是其主要业务地点，持有的所有权权益比例与所表决权比例相同。


(c) Commitments and contingent liabilities in respect of

20XX 20XYCU000 CU000

(i) Commitments – joint venturesCommitment to provide funding for capital commitments, if called 250 200(ii) Contingent liabilities – associatesShare of contingent liabilities incurred jointly with other investors of the associate

150 100

Contingent liabilities relating to liabilities of the associate for which the reporting entity is severally liable

- 50

(iii) Contingent liabilities – joint venturesShare of contingent liabilities in respect of a legal claim lodged against the partnership

200 150

IFRS 12 para 23 and B19


(c) 承诺和或有负债

20XX 20XY千元千元

(i) 承诺 – 合营企业

为资本承诺提供资金（如被要求）的承诺 250 200

(ii) 或有负债 – 联营企业

与联营企业的其他投资方共同承担的或有负债份额 150 100

与报告主体单独承担责任的联营企业负债相关的或有负债 - 50

(iii) 或有负债 – 合营企业

与对合营企业提出的法律索赔相关的或有负债份额 200 150

IFRS 12第23和B19段


(d) Summarised financial information for associates and joint ventures

The tables below provide summarised financial information for those associates and joint ventures that are material to the reporting entity. The information disclosed

reflects the amounts presented in the financial statements of the relevant associates and joint ventures, and not the reporting entity’s share of those amounts. They have been amended to reflect adjustments made by the reporting entity when using the equity method, including fair value adjustments and modifications for differences in accounting policy.

Summarised balance sheet Kangaroo Ltd Koala Ltd30 June

20XX30 June

20XY30 June

20XX30 June

20XYCU000 CU000 CU000 CU000

Current assetsCash and cash equivalents 300 250Other current assets 1,500 1,300Total current assets 800 600 1,800 1,550Non-current assets 3,500 3,000 7,000 6,500Current liabilitiesFinancial liabilities (excluding trade payables)

150 250

Other current liabilities 1,000 600Total current liabilities 350 250 1,150 850Non-current liabilitiesFinancial liabilities (excluding trade payables)

2,000 2,200

Other non-current liabilities 300 350Total non-current liabilities 1,600 1,300 2,300 2,550Net assets 2,350 2,050 5,350 4,650Reconciliation to carrying amounts:Opening net assets 1 July 2,050 1,650 4,650 4,450Profit/(loss) for the period 450 300 600 500Other comprehensive income - 400 350 -Dividends paid (150) (300) (250) (300)Closing net assets 2,350 2,050 5,350 4,650Reporting entity’s share in % 30% 30% 50% 50%Reporting entity’s share in CU 705 615 2,675 2,325Goodwill - - - -Carrying amount 705 615 2,675 2,325


汇总资产负债表袋鼠有限公司考拉有限公司

20XX年 6月30日

20XY年 6月30日

20XX年 6月30日

20XY年 6月30日

千元千元千元千元

流动资产

现金及现金等价物 300 250

其他流动资产 1,500 1,300

流动资产总额 800 600 1,800 1,550

非流动资产 3,500 3,000 7,000 6,500

流动负债

金融负债（不包括应付账款） 150 250

其他流动负债 1,000 600

流动负债总额 350 250 1,150 850

非流动负债

金融负债（不包括应付账款） 2,000 2,200

其他非流动负债 300 350

非流动负债总额 1,600 1,300 2,300 2,550

净资产 2,350 2,050 5,350 4,650调节至账面价值：

7月1日的期初净资产 2,050 1,650 4,650 4,450

本期利润/（亏损） 450 300 600 500

其他综合收益 - 400 350 -

支付的股利 (150) (300) (250) (300)

期末净资产 2,350 2,050 5,350 4,650报告主体的份额占比 30% 30% 50% 50%

报告主体的份额 705 615 2,675 2,325

商誉 - - - -

账面价值 705 615 2,675 2,325

(d) 联营企业和合营企业的汇总财务信息

下表提供了对于本报告主体而言重要的联营企业和合营企业的汇总财务信息。披露的信息反

映了相关联营企业和合营企业的财务报表中列报的金额，而非本报告主体所占有的份额。这些财务数据已被修改以反映本报告主体在使用权益法时作出的调整，包括公允价值调整和因会计政策差异而作出的修改。


Summarised statements of comprehensive income

Kangaroo Ltd Koala Ltd30 June

20XX30 June

20XY30 June

20XX30 June

20XYCU000 CU000 CU000 CU000

Revenue 5,200 5,000 10,000 9,500Interest income - -Depreciation and amortisation (2,800) (1,800)Interest expense (350) (250)Income tax expense - -Profit from continuing operations 450 300 600 500Profit from discontinued operations - - - -Profit for the period 450 300 600 500Other comprehensive income - 400 350 -Total comprehensive income 450 700 950 500Dividends received from associates and joint venture entities

45 90 125 150

* Shading indicates disclosures that are not required for investments in associates

IFRS 12 paras 21, B12, B13, B14

(e) Individually immaterial associates

In addition to the interests in associates disclosed above, the reporting entity also has interests in a number of individually immaterial associates that are accounted for using the equity method.

20XX 20XYCU000 CU000

Aggregate carrying amount of individually immaterial associates 400 350Aggregate amounts of the reporting entity’s share of:Profit/(loss) from continuing activities 50 10Post-tax profit or loss from discontinued operations - -Other comprehensive income - -Total comprehensive income 50 10

IFRS 12 paras 21, B16


汇总综合收益表袋鼠有限公司考拉有限公司

20XX年 6月30日

20XY年 6月30日

20XX年 6月30日

20XY年 6月30日

千元千元千元千元

收入 5,200 5,000 10,000 9,500

利息收益 - -

减值和摊销 (2,800) (1,800)

利息费用 (350) (250)

所得税费用 - -

来自持续经营的利润 450 300 600 500来自终止经营的利润 - - - -

本期利润 450 300 600 500其他综合收益 - 400 350 -

综合收益总额 450 700 950 500从联营企业和合营主体获得的股利

45 90 125 150

* 阴影部分表示无需就对联营企业的投资作出的披露

IFRS 12第21、B12、B13、B14段

(e) 单独不重要的联营企业

除以上披露的在联营企业中的权益外，本报告主体还在一系列单独不重要的以权益法核算的联营企业中拥有权益。

20XX年 20XY年千元千元

单独不重要的联营企业的账面价值总额 400 350

报告主体在以下项目中占有的金额：

来自持续经营活动的利润/（亏损） 50 10

来自终止经营活动的税后利润/（亏损） - -

其他综合收益 - -

综合收益总额 50 10

IFRS 12第21、B16段


Appendix 4: Disclosure checklist extractsDisclosures Appropriate

disclosures made? (Yes/No*/NA)

Significant judgements and assumptions

An entity shall disclose information about significant judgements and assumptions it has made (and changes to those judgements and assumptions) in determining that it has control of another entity (that is, an investee as described in paras 5 and 6 of IFRS 10).

The entity is also required to disclose the significant judgements and assumptions where there are changes in facts and circumstances such that the conclusion about whether it has control changes during the reporting period.

An entity shall disclose significant judgements and assumptions including those made in determining that:

(a) it does not control another entity, even though it holds more than half of the voting rights of the other entity;

(b) it controls another entity, even though it holds less than half of the voting rights of the other entity; and

(c) it is an agent or a principal (see paras B58–B75 of IFRS 10).

An entity shall disclose information about significant judgements and assumptions made (and changes thereto) in determining whether:

(a) an entity has joint control or an arrangement or significant influence over another entity; and

(b) the type of joint arrangement (that is, joint venture or joint operation) where the arrangement has been structured through a separate vehicle.

The entity is also required to disclose the significant judgements and assumptions where there are changes in facts and circumstances such that the conclusion about whether it has joint control or significant influence changes during the reporting period.

An entity shall disclose significant judgements and assumptions including those made in determining that:

(a) it does not have significant influence, even though it holds 20% or more of the voting rights of another entity; and

(b) it has significant influence, even though it holds less than 20% of the voting rights of another entity.


附录4：披露核对表摘录

披露是否已作适当披露？（是/否*/不适用）

重大判断和假设

主体应披露在确定对另一主体（即IFRS 10第5和6段中所述的被投资方）拥有控制权时所作的重大判断和假设（包括对这些判断和假设的更改）的信息。

主体还须披露由于事实和情况的变化导致在报告期间对是否具有控制权的结论改变而做出的重大判断和假设。

主体应当披露重大判断和假设，包括在确定下列事项时所作的重大判断和假设：

(a) 不控制另一主体，尽管持有另一主体半数以上表决权；

(b) 控制另一主体，尽管持有另一主体不足半数表决权；及

(c) 代理人还是委托人（参见IFRS 10第B58–B75段）。

主体应披露在确定下列事项时所作的重大判断和假设（包括对这些判断和假设的更改）的信息：

(a) 对另一主体拥有共同控制权或合同安排或重大影响；及

(b) 合营安排的类型（即合营企业或共同经营），如果该安排构建一个单独载体。

主体还须披露由于事实和情况发生变化导致在报告期间对是否具有共同控制权或重大影响的结论改变而做出的重大判断和假设。

主体应当披露在确定下列事项时所作的重大判断和假设：

(a) 不具有重大影响，尽管持有另一主体20%或以上的表决权；及

(b) 具有重大影响，尽管持有另一主体不足20%的表决权。


Disclosures Appropriate disclosures made? (Yes/No*/NA)

Interests in subsidiaries

An entity shall disclose information that enables users of its consolidated financial statements to understand:

(a) the composition of the group; and

(b) the interest that non-controlling interests have in the group’s activities and cash flows – that is, for each of its subsidiaries that have non-controlling interests that are material to the reporting entity, it discloses:

(i) the name of the subsidiary;

(ii) the principal place of business (and country of incorporation, if different from the principal place of business) of the subsidiary;

(iii) the proportion of ownership interests held by non-controlling interests;

(iv) the proportion of voting rights held by non-controlling interests, if different from the proportion of ownership interests held;

(v) the profit or loss allocated to non-controlling interests of the subsidiary during the reporting period;

(vi) accumulated non-controlling interests of the subsidiary at the end of the reporting period; and

(vii) summarised financial information about the subsidiary, as follows:

(a) dividends paid to non-controlling interests; and

(b) summarised financial information about the assets, liabilities, profit or loss and cash flows of the subsidiary that enables users to understand the interest that non-controlling interests have in the group’s activities and cash flows. That information might include, but is not limited to, current assets, non-current assets, current liabilities, non-current liabilities, revenue, profit or loss and total comprehensive income.

An entity shall disclose information that enables users of its consolidated financial statements to evaluate the nature and extent of significant restrictions on its ability to access or use assets, and settle liabilities, of the group. In particular, an entity shall disclose:

(a) significant restrictions (such as statutory, contractual and regulatory restrictions) on its ability to access or use the assets and settle the liabilities of the group, such as:

(i) those that restrict the ability of a parent or its subsidiaries to transfer cash or other assets to (or from) other entities within the group; and

(ii) guarantees or other requirements that might restrict dividends and other capital distributions from being paid, or loans and advances from being made or repaid, to (or from) other entities within the group;

(b) the nature and extent to which protective rights of non-controlling interests can significantly restrict the entity’s ability to access or use the assets and settle the liabilities of the group, such as where a parent is obliged to settle liabilities of a subsidiary before settling its own liabilities, or the approval of non-controlling interests is required either to access the assets or to settle the liabilities of a subsidiary; and

(c) the carrying amounts in the consolidated financial statements of the assets and liabilities to which those restrictions apply.



在子公司中的权益

主体应披露以使合并财务报表使用者能够了解下列事项的信息：

(a) 集团的构成；及

(b) 非控制性权益在集团活动和现金流量中享有的权益 — 即对于报告主体而言有重要的非控制性权益的各个子公司，其应披露：

(i) 子公司名称；

(ii) 子公司的主要业务经营地（和设立地所属国家，如与主要业务经营地不同）；

(iii) 非控制性权益持有的所有权比例；

(iv) 非控制性权益持有的表决权比例，如与持有的所有权比例不同；

(v) 在报告期间分配至非控制性权益的损益；

(vi) 报告期末子公司的非控制性权益的累计数；及

(vii) 关于子公司的汇总财务信息，具体如下：

(a) 向非控制性权益支付的股利；及

(b) 关于子公司资产、负债、损益和现金流量的汇总财务信息，这些财务信息使财务报表使用者能了解非控制性权益在集团活动和现金流量中占有的利益。该信息可能包括但不限于流动资产、非流动资产、流动负债、非流动负债、收入、损益和综合收益总额。

主体所披露的信息应使其合并财务报表使用者能评估对接触或使用集团资产和偿还集团负债的能力作出重大限制的性质和程度。主体应特别披露：

(a) 对其接触或使用集团资产和偿还集团负债的能力作出的重大限制（例如法定、合同和监管上的限制），例如：

(i) 对母公司或其子公司将现金或其他资产转移至（或自）集团内其他主体的能力作出的限制；及

(ii) 可能限制向集团内其他主体支付（或获得）股利及其他资本分配或发放或偿还贷款和预付款的担保或其他规定；

(b) 非控制性权益的保护性权利可能对主体接触或使用集团资产和偿还集团负债的能力作出重大限制的性质和程度（例如，母公司有义务在偿还其自身负债前偿还子公司负债，或必须获得非控制性权益的批准才能接触子公司资产或偿还子公司负债的情况）；及

(c) 这些限制适用的资产和负债在合并财务报表中的账面价值。



An entity shall disclose information that enables users of its consolidated financial statements to evaluate the nature of, and changes in, the risks associated with its interests in consolidated structured entities, by disclosing:

(a) the terms of any contractual arrangements that could require the parent or its subsidiaries to provide financial support to a consolidated structured entity, including events or circumstances that could expose the reporting entity to a loss (for example, liquidity arrangements or credit rating triggers associated with obligations to purchase assets of the structured entity or provide financial support);

(b) if, during the reporting period, a parent or any of its subsidiaries has, without having a contractual obligation to do so, provided financial or other support to a consolidated structured entity (for example, by purchasing assets of or instruments issued by the structured entity):

(i) the type and amount of support provided, including situations in which the parent or its subsidiaries assisted the structured entity in obtaining financial support; and

(ii) the reasons for providing the support;

(c) if, during the reporting period, a parent or any of its subsidiaries has, without having a contractual obligation to do so, provided financial or other support to a previously unconsolidated structured entity and that provision of support resulted in the entity controlling the structured entity, an explanation of the relevant factors in reaching that decision; and

(d) any current intentions to provide financial or other support to a consolidated structured entity, including intentions to assist the structured entity in obtaining financial support.

An entity shall disclose information that enables users of its consolidated financial statements to evaluate the consequences of changes in its ownership interest in a subsidiary that do not result in a loss of control, by disclosing a schedule that shows the effects on the equity attributable to owners of the parent of any changes in its ownership interest in a subsidiary that do not result in a loss of control.

An entity shall disclose information that enables users of its consolidated financial statements to evaluate the consequences of losing control of a subsidiary during the reporting period, by disclosing:

(a) any gain or loss arising from the loss of control, calculated in accordance with paragraph 25 of IFRS 10;

(b) the portion of that gain or loss attributable to measuring any investment retained in the former subsidiary at its fair value at the date when control is lost; and

(c) the line item(s) in profit or loss in which the gain or loss is recognised (if not presented separately).

Where the financial statements of a subsidiary used in the preparation of consolidated financial statements are as of a date or for a period that is different from that of the consolidated financial statements (see paras B92 and B93 of IFRS 10), an entity shall disclose:

(a) the date of the end of the reporting period of the financial statements of that subsidiary; and

(b) the reason for using a different date or period.



主体应通过披露下列信息使其合并财务报表使用者能评估在已合并的结构性主体中权益相关风险的性质和变化：

(a) 任何可能要求母公司或其子公司向已合并的结构性主体提供财务支持的合同安排条款，包括可能使报告主体面临亏损的事件或情况（例如，流动性安排或是与购买结构性主体资产或提供财务支持的义务相关触发信用评级的条款）；

(b) 如果在报告期间，母公司或其任何子公司在无合同义务的情况下向已合并的结构性主体提供了财务或其他支持（例如，通过购买该结构性主体的资产或由其发行的工具）：

(i) 所提供支持的类型和金额，包括母公司或其子公司协助结构性主体获取财务支持的情况；及

(ii) 提供支持的原因；

(c) 如果在报告期间，母公司或其任何子公司在无合同义务的情况下向之前未合并的结构性主体提供财务或其他支持从而可以对该结构性主体实施控制，则需要解释得出这一结论所考虑的相关因素；及

(d) 向合并的结构性主体提供财务或其他支持的任何现时意图，包括协助结构性主体获取财务支持的意图。

主体应披露信息使其合并财务报表使用者能评估在子公司中所有权权益变化但不导致丧失控制权的情况，即通过列表披露显示主体在子公司中所有权权益变化但不导致丧失控制权对归属于母公司所有者权益的影响。

主体应通过披露下列信息来披露使其合并财务报表使用者能评估在报告期间丧失对子公司控制权的后果：

(a) 因控制权丧失而按照IFRS 10第25段计算形成的任何利得或损失；

(b) 对原子公司剩余投资在控制权丧失日按照公允价值计量而形成的那部分利得或损失；及

(c) 利得或损失确认时记入利润表的项目（若未单独列报）。

当用于编制合并财务报表的子公司财务报表的截止日期和会计期间不同于合并财务报表时（参见IFRS 10第B92和B93段），主体应披露：

(a) 该子公司财务报表报告期间的期末日期；及

(b) 使用不同日期或期间的原因。



Interests in unconsolidated structured entities

An entity shall disclose information that enables users of its financial statements to understand the nature and extent of its interests in unconsolidated structured entities, as follows:

(a) An entity shall disclose qualitative and quantitative information about its interests in unconsolidated structured entities, including, but not limited to, the nature, purpose, size and activities of the structured entity and how the structured entity is financed.

(b) If an entity has sponsored an unconsolidated structured entity for which it does not provide information required by paragraph 29 of IFRS 12 (for example, because it does not have an interest in the entity at the reporting date), the entity shall disclose:

(i) how it has determined which structured entities it has sponsored;

(ii) income from those structured entities during the reporting period, including a description of the types of income presented; and

(iii) the carrying amount (at the time of transfer) of all assets transferred to those structured entities during the reporting period.

(c) An entity shall present the information in points (ii) and (iii) of (b) above in tabular format, unless another format is more appropriate, and classify its sponsoring activities into relevant categories.

An entity shall disclose information that enables users of its financial statements to evaluate the nature of, and changes in, the risks associated with its interests in unconsolidated structured entities, as below:

In accordance with paragraph 29 of IFRS 12, an entity shall disclose in tabular format, unless another format is more appropriate, a summary of:

(a) the carrying amounts of the assets and liabilities recognised in its financial statements relating to its interests in unconsolidated structured entities;

(b) the line items in the statement of financial position in which those assets and liabilities are recognised;

(c) the amount that best represents the entity’s maximum exposure to loss from its interests in unconsolidated structured entities, including how the maximum exposure to loss is determined; if an entity cannot quantify its maximum exposure to loss from its interests in unconsolidated structured entities, it shall disclose that fact and the reasons; and

(d) a comparison of the carrying amounts of the assets and liabilities of the entity that relate to its interests in unconsolidated structured entities and the entity’s maximum exposure to loss from those entities.

If, during the reporting period, an entity has, without having a contractual obligation to do so, provided financial or other support to an unconsolidated structured entity in which it previously had or currently has an interest (for example, by purchasing assets of or instruments issued by the structured entity), the entity shall disclose:

(a) the type and amount of support provided, including situations in which the entity assisted the structured entity in obtaining financial support; and

(b) the reasons for providing the support.

An entity shall disclose any current intentions to provide financial or other support to an unconsolidated structured entity, including intentions to assist the structured entity in obtaining financial support.

The information required in this row includes information about an entity’s exposure to risk from involvement that it had with unconsolidated structured entities in previous periods (for example, sponsoring the structured entity), even if the entity no longer has any contractual involvement with the structured entity at the reporting date.



在未合并的结构性主体中的权益

主体应披露如下信息使其财务报表使用者能了解其在未合并的结构性主体中权益的性质和程度：

(a) 主体应定性定量披露其在未合并的结构性主体中权益的信息，包括但不限于该结构性主体的性质、目的、规模和活动，以及该结构性主体的融资安排。

(b) 如果主体已发起一个未合并的结构性主体，但未提供IFRS 12第29段所要求的信息（例如，因为在报告日其在结构性主体中并无权益），则主体应披露：

(i) 如何确定其发起了哪个结构性主体；

(ii) 报告期间来自这些结构性主体的收益，包括对所列报收益类型的描述；及

(iii) 报告期间转移至这些结构性主体的所有资产（在转移时）的账面价值。

(c) 主体应以列表方式列报以上(b)中第(ii)和(iii)点中的信息（除非另一方式更为适当），并将其发起活动归入相关类别。

主体应披露以下信息使其财务报表使用者能评估与其在未合并结构性主体中权益相关的风险的性质和变化：

按照IFRS 12第29段，主体应以列表方式披露对下列信息的汇总，除非使用另一方式更为适当：

(a) 在其财务报表中确认的与未合并的结构性主体中的权益相关的资产和负债的账面价值；

(b) 这些资产和负债确认时所记入的财务状况表项目；

(c) 最能反映主体在未合并的结构性主体中的权益面临的最大亏损的金额，包括如何确定最大亏损的金额；如果主体无法量化在未合并的结构性主体中的权益面临的最大亏损，应披露该事实和原因；及

(d) 与主体在未合并的结构性主体中的权益相关的主体资产和负债的账面价值与主体因这些结构性主体而面临的最大亏损之间的比较。

如果在报告期间，主体在无合同义务的情况下向其之前或目前具有权益的未合并结构性主体提供财务或其他支持（例如，通过购买结构性主体的资产或是其发行的工具），主体应披露：

(a) 所提供支持的类型和金额，包括主体协助结构性主体获取财务支持的情况；以及

(b) 提供支持的原因。

主体应披露向未合并的结构性主体提供财务或其他支持的任何现时意图，包括协助结构性主体获取财务支持的意图。

本披露要求的信息包括主体因其在以前期间参与未合并的结构性主体（例如，发起结构性主体）而面临的风险敞口的信息，即使在报告日该主体不再与该结构性主体有任何合同安排。



Nature, extent and financial effects of an entity’s interests in joint arrangements and associates

For each joint arrangement and associate that is material to the reporting entity, the entity shall disclose:

(a) the name of the joint arrangement or associate;

(b) the nature of the entity’s relationship with the joint arrangement or associate;

(c) the principal place of business (and country of incorporation, if applicable and different from the principal place of business) of the joint arrangement or associate; and

(d) the proportion of ownership interest or participating share held by the entity and, if different, the proportion of voting rights held (if applicable).

For each joint venture and associate that is material to the reporting entity, the entity shall disclose:

(a) whether the investment in the joint venture or associate is measured using the equity method or fair value;

(b) if the joint venture or associate is accounted for using the equity method, the fair value of its investment in the joint venture or associate, if there is a quoted market price for the investment;

(c) dividends received from the joint venture or associate; and

(d) summarised financial information** for the joint venture or associate, as presented within the joint venture’s or associate’s IFRS financial statements (and not the entity’s share of those amounts), including, but not limited to:

• current assets;

• non-current assets;

• current liabilities;

• non-current liabilities;

• revenue;

• profit or loss from continuing operations;

• post-tax profit or loss from discontinued operations;

• other comprehensive income; and

• total comprehensive income.

** If the entity accounts for its interest in the joint venture or associate using the equity method, the equity accounted investment could be adjusted by the entity (for example, to align accounting policies). The summarised financial information of the joint venture or associate should include these adjustments and a reconciliation between the summarised financial information presented and the carrying amount of its interest in the joint venture or associate.

Where an entity measures its interest in the joint venture or associate at fair value, and IFRS financial statements are not prepared by the joint venture or associate (and preparation on that basis would be impracticable or cause undue cost), the entity is required to disclose the basis on which the summarised financial information has been prepared.

* If the answer is ‘no’, further justification should be provided.



主体在合营安排和联营企业中权益的性质、程度和财务影响

对于每个对报告主体而言重要的合营安排和联营企业，主体应披露：

(a) 合营安排或联营企业的名称；

(b) 主体与合营安排或联营企业之间关系的性质；

(c) 合营安排或联营企业的主要业务经营地（和设立地所属国家，如适用且不同于主要业务经营地）；及

(d) 主体持有的所有权权益或参与的比例，及所持有表决权的比例（如不同）。

对于每个对报告主体而言重要的合营企业和联营企业，主体应披露：

(a) 对合营企业或联营企业的投资是采用权益法计量还是公允价值计量；

(b) 如果采用权益法核算合营企业或联营企业，主体对合营企业或联营企业的投资的公允价值（如果该投资有市场报价）；

(c) 从合营企业或联营企业获得的股利；及

(d) 合营企业或联营企业的汇总财务信息**，如同该合营企业或联营企业的IFRS财务报表中所列报的一般（而非主体在这些金额中的份额），包括但不限于：

• 流动资产；

• 非流动资产；

• 流动负债；

• 非流动负债；

• 收入；

• 来自持续经营的损益；

• 来自终止经营的税后损益；

• 其他综合收益；及

• 综合收益总额。

** 如果主体采用权益法核算其在合营企业或联营企业中的权益，则主体可能对这一采用权益法核算的投资作出调整（如统一会计政策）。合营企业或联营企业的汇总财务信息应包括这些调整以及所列报的汇总财务信息与主体在合营

企业或联营企业中权益的账面价值之间的调节。

如果主体以公允价值计量其在合营企业或联营企业中的权益，且该合营企业或联营企业未编制IFRS财务报表（且根据IFRS编制财务报表并不切实可行或将产生过度的成本），则主体须披露编制汇总财务信息的基础。

* 如果回答是“否”，则应提供进一步的理由。


Acknowledgements致谢

Clarry Chan | 陈嘉怡Accounting Consulting ServicesPartner会计专业咨询服务合伙人

Morgan Li | 李嵘明Accounting Consulting ServicesManager会计专业咨询服务经理

Sepcial thanks to the following individuals for their contributions to translation and production of this publication.

特别感谢以下参与本出版物翻译及编制的普华永道成员及其所做的贡献。


PwC assurance services contacts联系普华永道审计业务部

PwC accounting consulting services contacts联系普华永道会计专业咨询服务

Beijing | 北京梁伟坚 Thomas Leung+86 (10) 6533 [email protected]

Chongqing | 重庆李松波 Bobby Lee+86 (23) 6393 [email protected]

Dalian | 大连关兆文 Dorman Kwan+86 (411) 8379 [email protected]

Guangzhou | 广州张展豪 A1bert Cheung+86 (755) 8261 [email protected]

Qingdao | 青岛张国俊 Kevin Zhang+86 (532) 8089 [email protected]

Shanghai | 上海李丹 Danie Li+86 (21) 2323 [email protected]

Shenzhen | 深圳张展豪 Albert Cheung+86 (755) 8261 [email protected]

Suzhou | 苏州汪超 Arthur Wang+86 (512) 6273 [email protected]

Tianjin | 天津郑广安 Kwong On Cheng+86 (22) 2318 [email protected]

Xi’an | 西安叶骏 Joe Ye+86 (29) 8720 [email protected]

Yvonne Kam | 金以文+86 (21) 2323 [email protected]

Baolang Chen | 陈保郎+86 (21) 2323 [email protected]

Tracy Chen | 陈燕华 +86 (21) 2323 [email protected]

Elza Yuen | 阮慧瑶+852 2289 2314 [email protected]

Shelley So | 苏虹+852 2289 [email protected]

Jie Shen | 沈洁+86 (21) 2323 [email protected]

Clarry Chan | 陈嘉怡+852 2289 [email protected]

Yuhui Sun | 孙宇辉+86 (10) 6533 [email protected]


Contacts联系我们

Hong Kong22/F, Prince’s BuildingCentral, Hong KongTel: +852 2289 8888

Beijing26/F, Office Tower ABeijing Fortune Plaza7 Dongsanhuan Zhong RoadChaoyang DistrictBeijing 100020, PRCTel: +86 (10) 6533 8888

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Tianjin36/F, The ExchangeTower Two189 Nanjing RoadHeping DistrictTianjin 300051, PRCTel: +86 (22) 2318 3333

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For further help, please contact:

如需更多帮助，请联系：


香港香港中环太子大厦22楼电话：+852 2289 8888

北京中国北京市朝阳区东三环中路7号北京财富中心写字楼A座26楼邮编100020电话：+86 (10) 6533 8888

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澳门澳门苏亚利斯博士大马路323号中国银行大厦29楼电话：+853 8799 5111

南京中国南京市鼓楼区中央路201号南京国际广场南塔12A层01室邮编210009电话：+86 (25) 6608 6288

宁波中国宁波市江东区民安东路268号宁波国际金融服务中心E座1203室邮编315040电话：+86 (574) 8187 1788

青岛中国青岛市市南区延安三路234号海航万邦中心1号楼37楼邮编266071电话：+86 (532) 8089 1888

深圳中国深圳市罗湖区深南东路5016号京基100 —A座34楼邮编518001电话：+86 (755) 8261 8888

新加坡新加坡048424邮区PWC 大厦克罗士街8号17楼电话：+65 6236 3388

苏州中国苏州市苏州工业园区旺墩路188号建屋大厦1501室邮编215028电话：+86 (512) 6273 1888

台湾台北市信义区110基隆路一段333号27楼电话：+886 (2) 2729 6666

天津中国天津市和平区南京路189号津汇广场2座36楼邮编300051电话：+86 (22) 2318 3333

厦门中国厦门市思明区鹭江道8号国际银行大厦11楼B室邮编361001电话：+86 (592) 210 7888

西安中国西安市南关正街88号长安国际中心D座7楼邮编710068电话：+86 (29) 8469 2688

www.pwccn.comThis content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

本文仅为提供一般性信息之目的，不应用于替代专业咨询者提供的咨询意见。

© 2014 PwC. All rights reserved. PwC refers to the China member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

© 2014 普华永道。版权所有。普华永道系指普华永道网络及/或普华永道网络中各自独立的成员机构。详情请进入www.pwc.com/structure。CN-20140214-2-C1

practical guide to ifrs - pwc · february 2014 2014年2月 english with chinese translation...

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