61
2014 ANNUAL REPORT
2 Significant accounting policies
(continued)
2.3 Changes in accounting policies
(continued)
i)
New accounting policies/improvements adopted
(continued)
IAS 19 - Employee Benefits (Revised) (effective January 1, 2013)
(continued)
Impact on consolidated statement of changes in equity
As at Oct 1
2012
Total equity as previously reported
8,555,187
Re-measurement loss on defined benefit plans
(58,518)
Taxation effect
13,681
Net decrease in equity
(44,837)
Total equity for the year, restated
8,510,350
Attributable to:
Equity holders of the parent, as previously reported
7,891,575
IAS 19 impact on profit attributable to equity holders of the parent
(47,899)
Equity holders of the parent, restated
7,843,676
Non-controlling interest as previously reported
663,612
IAS 19 impact on profit attributable to non-controlling interest
3,062
Non-controlling interest, restated
666,674
Total equity after taxation, restated
8,510,350
2.4 Standards in issue not yet effective
The following is a list of standards and interpretations issued that are not yet effective up to the date of issuance of the Group’s financial
statements. The Group reasonably expects these standards and interpretations to be applicable at a future date and intends to adopt those
standards and interpretations when they become effective.
The Group is currently assessing the impact of adopting these standards and interpretations. Since the impact of adoption depends on
the assets held by the Group at the date of adoption, it is not practical to quantify the effect at this time.
IFRS 9 - Financial Instruments: Classification and Measurement (effective January 1, 2018)
IFRS 9 as issued reflects the first phase of the IASB’s work on the replacement of IAS 39 and applies to classification and measurement of
financial assets and liabilities as defined in IAS 39. In subsequent phases, the Board will address impairment and hedge accounting. The
adoption of the first phase of IFRS 9 will primarily have an effect on the classification and measurement of the Group’s financial assets.
