Cash flow Separate line Change in the Hedge Line item in profit Amount Line item hedges(a) item value of the ineffectiveness or loss (that reclassified affected in recognised in hedging recognised in includes hedge from the cash profit or loss profit or loss as instrument profit or loss ineffectiveness) flow hedge because of the a result of a recognised in reserve to reclassification hedge of a net other profit or loss position(b) comprehensive income Commodity price risk Commodity X - Discontinued n/a xx xx Line item XX xx Line item XX hedge n/a n/a n/a n/a xx Line item XX (a) The information disclosed in the statement of changes in equity (cash flow hedge reserve) should have the same level of detail as these disclosures. (b) This disclosure only applies to cash flow hedges of foreign currency risk. Fair value hedges Ineffectiveness recognised in profit or Line item(s) in profit or loss (that loss include(s) hedge ineffectiveness) Interest rate risk xx Line item XX Foreign exchange risk xx Line item XX IAS 1 Presentation of Financial Statements IGA15 The heading above paragraph IG7 and paragraphs IG7–IG9 are deleted. Paragraph IG2 is amended to read as follows: IG2 The guidance is in two sections. Paragraphs IG3–IG6 provide examples of the presentation of financial statements. Paragraphs IG7–IG9 have been deleted. Paragraphs IG10 and IG11 provide examples of capital disclosures. IGA16 In the illustrative financial statements, references to financial are replaced by ‘Available-for-sale assets’ in equity In the single statement of comprehensive income the reference to ‘Investments instruments’. footnote (b) against the deleted line item financial is deleted. The heading and ‘Available-for-sale assets’ table of components of other comprehensive are amended to read as follows: ‘Disclosure income’
Cash flow hedges(a) Separate line item recognised in profit or loss as a result of a hedge of a net position(b) Change in the value of the hedging instrument recognised in other comprehensive income Hedge ineffectiveness recognised in profit or loss Line item in profit or loss (that includes hedge ineffectiveness) Amount reclassified from the cash flow hedge reserve to profit or loss Line item affected in profit or loss because of the reclassification Commodity price risk Commodity X - Discontinued hedge n/a n/a xx n/a xx n/a Line item XX n/a xx xx Line item XX Line item XX (a) The information disclosed in the statement of changes in equity (cash flow hedge reserve) should have the same level of detail as these disclosures. (b) This disclosure only applies to cash flow hedges of foreign currency risk. Fair value hedges Ineffectiveness recognised in profit or loss Line item(s) in profit or loss (that include(s) hedge ineffectiveness) Interest rate risk xx Line item XX Foreign exchange risk xx Line item XX IAS 1 Presentation of Financial Statements IGA15 The heading above paragraph IG7 and paragraphs IG7–IG9 are deleted. Paragraph IG2 is amended to read as follows: IG2 The guidance is in two sections. Paragraphs IG3–IG6 provide examples of the presentation of financial statements. Paragraphs IG7–IG9 have been deleted. Paragraphs IG10 and IG11 provide examples of capital disclosures. IGA16 In the illustrative financial statements, references to ‘Available-for-sale financial assets’ are replaced by ‘Investments in equity instruments’. In the single statement of comprehensive income the reference to footnote (b) against the deleted line item ‘Available-for-sale financial assets’ is deleted. The heading and table ‘Disclosure of components of other comprehensive income’ are amended to read as follows:
78218_IFRS_9_FI_Hedge_Accounting_IG_FINAL.docx