commiss regul ec novemb amend regul ec adopt intern account standard accord regul ec european parliament council intern financi report standard iass intern financi report interpret committe interpret text eea relev commiss european commun regard treati establish european commun regard regul ec european parliament council juli applic intern account standard articl thereof commiss regul ec intern standard interpret extant septemb adopt includ intern account standard ia employe benefit decemb intern account standard board iasb publish intern financi report standard ifr explor evalu miner resourc hereinaft quot ifr quot interim solut enabl entiti sector compli ifrss major account practic ifr permit entiti incur explor evalu expenditur exempt requir ifrss circumst entiti allow continu exist account treatment explor evalu expenditur ifr includ guidanc impair indic explor evalu asset impair test asset decemb iasb issu amend ia employe benefit introduc option recognit actuari gain loss defin benefit pension plan actuari gain loss recognis full statement recognis incom expens incom statement actuari gain loss recognis directli equiti amend specifi group entiti account defin benefit group plan separ financi statement requir addit disclosur decemb intern financi report interpret committe ifric publish ifric interpret determin arrang leas hereinaft quot ifric quot ifric set criteria determin arrang leas pai contract ifric clarifi circumst arrang legal form leas nonetheless account accord ia leas decemb intern financi report interpret committe ifric publish ifric interpret right interest aris decommiss restor environment fund hereinaft quot ifric quot ifric set contributor account interest fund contributor account addit contribut consult technic expert field confirm ifr ia ifric meet technic criteria adopt set articl regul ec adopt ifr ia ifric impli consequ amend ifr time adopt intern financi report standard ia present financi statement ia properti plant equip ia relat parti disclosur ia intang asset ia financi instrument recognit measur order ensur consist intern account standard regul ec amend measur provid regul accord opinion account regulatori committe adopt regul articl annex regul ec amend intern financi report standard ifr explor evalu miner resourc insert set annex regul ia employe benefit amend accord amend ia set annex regul intern financi report interpret committe interpret ifric interpret determin arrang leas insert set annex regul ifric interpret right interest aris decommiss restor environment fund insert set annex regul intern financi report standard ifr ia ia amend accord appendix ifr set annex regul ifr ia ia amend accord appendix amend ia set annex regul ifr amend accord appendix ifric set annex regul ia amend accord appendix ifric set annex regul articl compani appli standard interpret set annex commenc date financi year latest articl regul enter forc dai public offici journal european union regul bind entireti directli applic member state brussel novemb commiss charli mccreevi member commiss oj oj regul amend regul ec oj annex intern financi report statndard ifr intern financi report standard ifr explor evalu miner resourc ia amend ia employe benefit ifric ifric interpret determin arrang leas ifric ifric interpret right interest aris decommiss restor environment fund reproduct allow european econom area exist right reserv eea except reproduc purpos person fair deal inform obtain iasb www iasb org intern financi report standard explor evalu miner resourc object object ifr financi report explor evalu miner resourc ifr requir limit improv exist account practic explor evalu expenditur entiti recognis explor evalu asset assess asset impair accord ifr measur impair accord ia impair asset disclosur identifi explain amount entiti financi statement aris explor evalu miner resourc user financi statement understand amount time certainti futur cash flow explor evalu asset recognis scope entiti appli ifr explor evalu expenditur incur ifr address aspect account entiti engag explor evalu miner resourc entiti appli ifr expenditur incur explor evalu miner resourc expenditur incur entiti obtain legal right explor specif area technic feasibl commerci viabil extract miner resourc demonstr recognit explor evalu asset temporari exempt ia paragraph develop account polici entiti recognis explor evalu asset appli paragraph ia account polici account estim error paragraph ia sourc authorit requir guidanc manag requir develop account polici item ifr appli specif item subject paragraph ifr exempt entiti appli paragraph account polici recognit measur explor evalu asset measur explor evalu asset measur recognit explor evalu asset measur cost element cost explor evalu asset entiti determin polici expenditur recognis explor evalu asset appli polici consist make determin entiti consid degre expenditur find specif miner resourc exampl expenditur includ initi measur explor evalu asset list exhaust acquisit right explor topograph geolog geochem geophys studi exploratori drill trench sampl activ relat evalu technic feasibl commerci viabil extract miner resourc expenditur relat develop miner resourc recognis explor evalu asset framework ia intang asset provid guidanc recognit asset aris develop accord ia provis conting liabil conting asset entiti recognis oblig remov restor incur period consequ undertaken explor evalu miner resourc measur recognit recognit entiti appli cost model revalu model explor evalu asset revalu model appli model ia properti plant equip model ia consist classif asset paragraph account polici entiti chang account polici explor evalu expenditur chang make financi statement relev econom decis make user reliabl reliabl relev entiti judg relev reliabl criteria ia justifi chang account polici explor evalu expenditur entiti demonstr chang bring financi statement closer meet criteria ia chang achiev full complianc criteria present classif explor evalu asset entiti classifi explor evalu asset tangibl intang natur asset acquir appli classif consist explor evalu asset treat intang drill right tangibl vehicl drill rig extent tangibl asset consum develop intang asset amount reflect consumpt part cost intang asset tangibl asset develop intang asset chang tangibl asset intang asset reclassif explor evalu asset explor evalu asset longer classifi technic feasibl commerci viabil extract miner resourc demonstr explor evalu asset assess impair impair loss recognis reclassif impair recognit measur explor evalu asset assess impair fact circumst suggest carri amount explor evalu asset exce recover amount fact circumst suggest carri amount exce recover amount entiti measur present disclos result impair loss accord ia provid paragraph purpos explor evalu asset paragraph ifr appli paragraph ia identifi explor evalu asset impair paragraph term quot asset quot appli equal separ explor evalu asset cash gener unit fact circumst entiti test explor evalu asset impair list exhaust period entiti explor specif area expir period expir futur expect renew substant expenditur explor evalu miner resourc specif area budget plan explor evalu miner resourc specif area led discoveri commerci viabl quantiti miner resourc entiti decid discontinu activ specif area suffici data exist develop specif area proce carri amount explor evalu asset recov full success develop sale case similar case entiti perform impair test accord ia impair loss recognis expens accord ia level explor evalu asset assess impair entiti determin account polici alloc explor evalu asset cash gener unit group cash gener unit purpos assess asset impair cash gener unit group unit explor evalu asset alloc larger segment base entiti primari secondari report format determin accord ia segment report level identifi entiti purpos test explor evalu asset impair compris cash gener unit disclosur entiti disclos inform identifi explain amount recognis financi statement aris explor evalu miner resourc compli paragraph entiti disclos account polici explor evalu expenditur includ recognit explor evalu asset amount asset liabil incom expens oper invest cash flow aris explor evalu miner resourc entiti treat explor evalu asset separ class asset make disclosur requir ia ia consist asset classifi effect date entiti appli ifr annual period begin januari earlier applic encourag entiti appli ifr period begin januari disclos fact transit provis impractic appli requir paragraph compar inform relat annual period begin januari entiti disclos fact ia explain term quot impractic quot appendix defin term appendix integr part ifr explor evalu asset explor evalu expenditur recognis asset accord entiti account polici explor evalu expenditur expenditur incur entiti connect explor evalu miner resourc technic feasibl commerci viabil extract miner resourc demonstr explor evalu miner resourc search miner resourc includ miner oil natur ga similar regen resourc entiti obtain legal right explor specif area determin technic feasibl commerci viabil extract miner resourc appendix amend ifrss amend appendix appli annual period begin januari entiti appli ifr earlier period amend appli earlier period ifr time adopt intern financi report standard head paragraph ad exempt requir provid compar disclosur ifr entiti adopt ifrss januari choos adopt ifr explor evalu miner resourc januari present disclosur requir ifr compar period ifr financi statement ia properti plant equip revis amend ifr current asset held sale discontinu oper paragraph amend read standard appli properti plant equip classifi held sale accord ifr current asset held sale discontinu oper biolog asset relat agricultur activ ia agricultur recognit measur explor evalu asset ifr explor evalu miner resourc miner right miner reserv oil natur ga similar regen resourc standard appli properti plant equip develop maintain asset ia intang asset revis paragraph amend read standard appli account intang asset intang asset scope standard financi asset defin ia financi instrument recognit measur recognit measur explor evalu asset ifr explor evalu miner resourc expenditur develop extract miner oil natur ga similar regen resourc amend ia employe benefit multi employ plan paragraph illustr ad paragraph move renumb contractu agreement multi employ plan particip determin surplu plan distribut particip deficit fund particip multi employ plan agreement account plan defin contribut plan accord paragraph recognis asset liabil aris contractu agreement result incom expens profit loss illustr paragraph entiti particip multi employ defin benefit plan prepar plan valuat ia basi account plan defin contribut plan ia fund valuat show deficit million plan plan agre contract schedul contribut particip employ plan elimin deficit year entiti total contribut contract million entiti recognis liabil contribut adjust time monei equal expens profit loss ia provis conting liabil conting asset requir entiti recognis disclos inform conting liabil context multi employ plan conting liabil aris actuari loss relat particip entiti entiti particip multi employ plan share actuari risk particip entiti respons term plan financ shortfal plan entiti ceas particip delet defin benefit plan share risk entiti common control paragraph amend paragraph ad defin benefit plan share risk entiti common control parent subsidiari multi employ plan entiti particip plan obtain inform plan measur accord ia basi assumpt appli plan contractu agreement state polici charg net defin benefit cost plan measur accord ia individu group entiti entiti separ individu financi statement recognis net defin benefit cost charg agreement polici net defin benefit cost recognis separ individu financi statement group entiti legal sponsor employ plan group entiti separ individu financi statement recognis cost equal contribut payabl period particip plan relat parti transact individu group entiti entiti separ individu financi statement make disclosur contractu agreement state polici charg net defin benefit cost fact polici polici determin contribut paid entiti entiti account alloc net defin benefit cost accord paragraph inform plan accord paragraph entiti account contribut payabl period accord paragraph inform plan requir accord paragraph disclosur requir paragraph appli recognit compon defin benefit cost profit loss head paragraph amend paragraph amend profit loss entiti recognis net total amount profit loss extent standard requir permit inclus cost asset current servic cost paragraph interest cost paragraph expect return plan asset paragraph reimburs right paragraph actuari gain loss requir accord entiti account polici paragraph past servic cost paragraph effect curtail settlement paragraph effect limit paragraph recognis profit loss accord paragraph actuari gain loss paragraph amend paragraph ad measur defin benefit liabil accord paragraph entiti subject paragraph recognis portion paragraph actuari gain loss incom expens net cumul unrecognis actuari gain loss end previou report period exceed greater present defin benefit oblig date deduct plan asset fair plan asset date limit calcul appli separ defin benefit plan portion actuari gain loss recognis defin benefit plan excess determin accord paragraph divid expect averag remain work live employe particip plan entiti adopt systemat method result faster recognit actuari gain loss provid basi appli gain loss basi appli consist period period entiti appli systemat method actuari gain loss limit paragraph permit paragraph entiti adopt polici recognis actuari gain loss period occur recognis profit loss accord paragraph provid defin benefit plan actuari gain loss actuari gain loss recognis profit loss permit paragraph present statement equiti titl quot statement recognis incom expens quot compris item paragraph ia revis entiti present actuari gain loss statement equiti columnar format refer paragraph ia format includ item paragraph ia entiti recognis actuari gain loss accord paragraph recognis adjust aris limit paragraph profit loss statement recognis incom expens actuari gain loss adjust aris limit paragraph recognis directli statement recognis incom expens recognis immedi retain earn recognis profit loss subsequ period long term actuari gain loss offset estim post employ benefit oblig view rang corridor estim entiti permit requir recognis actuari gain loss fall rang disclosur paragraph insert paragraph renumb paragraph amend entiti disclos inform enabl user financi statement evalu natur defin benefit plan financi effect plan period entiti disclos inform defin benefit plan entiti account polici recognis actuari gain loss gener descript type plan reconcili open close balanc present defin benefit oblig show separ applic effect period attribut current servic cost ii interest cost iii contribut plan particip iv actuari gain loss foreign currenc exchang rate plan measur currenc entiti present currenc vi benefit paid vii past servic cost viii busi combin ix curtail settlement analysi defin benefit oblig amount aris plan wholli unfund amount aris plan wholli partli fund reconcili open close balanc fair plan asset open close balanc reimburs recognis asset accord paragraph show separ applic effect period attribut expect return plan asset ii actuari gain loss iii foreign currenc exchang rate plan measur currenc entiti present currenc iv contribut employ contribut plan particip vi benefit paid vii busi combin viii settlement reconcili present defin benefit oblig fair plan asset asset liabil recognis balanc sheet show net actuari gain loss recognis balanc sheet paragraph ii past servic cost recognis balanc sheet paragraph iii amount recognis asset limit paragraph iv fair balanc sheet date reimburs recognis asset accord paragraph descript link reimburs relat oblig amount recognis balanc sheet total expens recognis profit loss line item includ current servic cost ii interest cost iii expect return plan asset iv expect return reimburs recognis asset accord paragraph actuari gain loss vi past servic cost vii effect curtail settlement viii effect limit paragraph total amount recognis statement recognis incom expens actuari gain loss ii effect limit paragraph entiti recognis actuari gain loss statement recognis incom expens accord paragraph cumul amount actuari gain loss recognis statement recognis incom expens major categori plan asset includ limit equiti instrument debt instrument properti asset percentag amount major categori constitut fair total plan asset amount includ fair plan asset categori entiti financi instrument ii properti occupi asset entiti narr descript basi determin expect rate return asset includ effect major categori plan asset actual return plan asset actual return reimburs recognis asset accord paragraph princip actuari assumpt balanc sheet date includ applic discount rate ii expect rate return plan asset period present financi statement iii expect rate return period present financi statement reimburs recognis asset accord paragraph iv expect rate salari increas index variabl formal construct term plan basi futur benefit increas medic cost trend rate vi materi actuari assumpt entiti disclos actuari assumpt absolut term absolut percentag margin percentag variabl effect increas percentag point effect decreas percentag point assum medic cost trend rate aggreg current servic cost interest cost compon net period post employ medic cost ii accumul post employ benefit oblig medic cost purpos disclosur assumpt held constant plan oper high inflat environ disclosur effect percentag increas decreas assum medic cost trend rate signific similar percentag point low inflat environ amount current annual period previou annual period present defin benefit oblig fair plan asset surplu deficit plan ii experi adjust aris plan liabil express amount percentag plan liabil balanc sheet date plan asset express amount percentag plan asset balanc sheet date employ estim determin contribut expect paid plan annual period begin balanc sheet date paragraph requir gener descript type plan descript distinguish flat salari pension plan final salari pension plan post employ medic plan descript plan includ inform practic give rise construct oblig includ measur defin benefit oblig accord paragraph detail requir effect date paragraph ad paragraph amend entiti appli amend paragraph annual period begin januari earlier applic encourag entiti appli amend period begin januari disclos fact option paragraph annual period end decemb entiti option annual period begin januari appli amend paragraph ia appli entiti account polici reflect paragraph appli retrospect requir ia entiti treat appli time rest standard entiti disclos amount requir paragraph amount determin annual period prospect annual period present financi statement entiti appli amend paragraph amend standard consequ amend cross refer amend paragraph quot paragraph quot amend quot paragraph quot paragraph quot paragraph vi quot amend quot paragraph iii quot illustr paragraph quot paragraph vi quot amend quot paragraph iii quot paragraph quot paragraph vii quot amend quot paragraph iv quot paragraph quot paragraph vii iv iii quot amend quot paragraph iv iv iii quot appendix insert quot appendix amend standard amend appendix appli annual period begin januari entiti appli amend ia earlier period amend appli earlier period ia present financi statement revis amend paragraph amend read entiti present statement equiti show face statement statement equiti compris item titl statement recognis incom expens ia relat parti disclosur revis paragraph amend read exampl transact disclos relat parti particip parent subsidiari defin benefit plan share risk group entiti transact relat parti paragraph ia ifr time adopt intern financi report standard paragraph ad entiti disclos amount requir paragraph amount determin account period prospect transit date quot ifric interpret determin arrang leas refer ia account polici account estim error ia properti plant equip revis ia leas revis ia intang asset revis background entiti enter arrang compris transact seri relat transact legal form leas convei asset item properti plant equip return payment seri payment exampl arrang entiti supplier convei asset entiti purchas relat servic includ outsourc arrang outsourc data process function entiti arrang telecommun industri supplier network capac enter contract provid purchas right capac pai similar contract purchas make payment deliveri contract product servic pai contract acquir substanti output supplier power gener interpret guidanc determin arrang leas account accord ia provid guidanc determin leas classifi standard arrang underli asset subject leas portion larger asset interpret address determin portion larger asset underli asset purpos appli ia arrang underli asset repres unit account ia ia scope interpret scope interpret appli arrang leas exclud scope ia issu issu address interpret determin arrang leas defin ia assess reassess arrang leas made arrang leas payment leas separ payment element arrang consensu determin arrang leas determin arrang leas base substanc arrang requir assess fulfil arrang depend specif asset asset asset arrang convei asset fulfil arrang depend specif asset specif asset explicitli identifi arrang subject leas fulfil arrang depend asset supplier oblig deliv quantiti good servic abil provid good servic asset arrang fulfil arrang depend asset arrang leas warranti oblig permit requir substitut similar asset asset oper properli preclud leas treatment addit contractu provis conting permit requir supplier substitut asset reason date preclud leas treatment date substitut asset implicitli supplier own leas asset fulfil oblig econom feasibl practic supplier perform oblig altern asset arrang convei asset arrang convei asset arrang convei purchas lesse control underli asset control underli asset convei condit met purchas abil oper asset direct oper asset manner determin obtain control insignific amount output util asset purchas abil control physic access underli asset obtain control insignific amount output util asset fact circumst remot parti purchas insignific amount output util produc gener asset term arrang price purchas pai output contractu fix unit output equal current market price unit output time deliveri output assess reassess arrang leas assess arrang leas made incept arrang earlier date arrang date commit parti princip term arrang basi fact circumst reassess arrang leas incept arrang made condit met chang contractu term chang renew extend arrang renew option exercis extens agre parti arrang term renew extens initi includ leas term accord paragraph ia renew extens arrang includ modif term origin arrang end term origin arrang evalu paragraph respect renew extens period chang determin fulfil depend asset substanti chang asset substanti physic chang properti plant equip reassess arrang base fact circumst date reassess includ remain term arrang estim estim amount output deliv purchas potenti purchas trigger reassess arrang reassess determin leas leas leas account appli ceas appli case paragraph chang circumst give rise reassess occur case paragraph incept renew extens period separ payment leas payment arrang leas parti arrang appli requir ia leas element arrang exempt requir accord paragraph ia arrang leas leas classifi financ leas oper leas accord paragraph ia element arrang scope ia account accord standard purpos appli requir ia payment consider requir arrang separ incept arrang reassess arrang leas element basi rel fair valu minimum leas payment defin paragraph ia includ payment leas asset exclud payment element arrang servic cost input case separ payment leas payment element arrang requir purchas estim techniqu purchas estim leas payment refer leas agreement compar asset element estim payment element arrang refer compar agreement deduct payment total payment arrang purchas conclud impractic separ payment reliabl case financ leas recognis asset liabil amount equal fair underli asset identifi paragraph subject leas subsequ liabil reduc payment made imput financ charg liabil recognis purchas increment borrow rate interest case oper leas treat payment arrang leas payment purpos compli disclosur requir ia disclos payment separ minimum leas payment arrang includ payment leas element ii state disclos payment includ payment leas element arrang effect date entiti appli interpret annual period begin januari earlier applic encourag entiti appli interpret period begin januari disclos fact transit ia specifi entiti appli chang account polici result initi applic interpret entiti requir compli requir appli interpret entiti exempt appli paragraph interpret arrang exist start earliest period compar inform ifrss present basi fact circumst exist start period lesse increment borrow rate interest defin paragraph ia appendix amend ifr time adopt intern financi report standard amend appendix appli annual period begin januari entiti appli interpret earlier period amend appli earlier period ifr time adopt intern financi report standard accompani document amend paragraph refer paragraph chang paragraph subparagraph amend subparagraph insert read insur contract paragraph decommiss liabil includ cost properti plant equip paragraph leas paragraph paragraph head paragraph insert leas ifric determin arrang leas time adopt appli transit provis ifric determin arrang leas time adopt determin arrang exist date transit ifrss leas basi fact circumst exist date ifric interpret incorpor amend ia right interest aris decommiss restor environment rehabilit fund refer ia account polici account estim error ia consolid separ financi statement ia invest associ ia interest joint ventur ia provis conting liabil conting asset ia financi instrument recognit measur revis sic consolid special purpos entiti revis background purpos decommiss restor environment rehabilit fund refer quot decommiss fund quot quot fund quot segreg asset fund cost decommiss plant nuclear plant equip car undertak environment rehabilit rectifi pollut water restor mine land refer quot decommiss quot contribut fund voluntari requir regul law fund structur fund establish singl contributor fund decommiss oblig site number geograph dispers site fund establish multipl contributor fund individu joint decommiss oblig contributor entitl reimburs decommiss expens extent contribut actual earn contribut share cost administ fund contributor oblig make addit contribut event bankruptci contributor fund establish multipl contributor fund individu joint decommiss oblig requir level contribut base current activ contributor benefit obtain contributor base past activ case potenti mismatch amount contribut made contributor base current activ realis fund base past activ fund gener featur fund separ administ independ truste entiti contributor make contribut fund invest rang asset includ debt equiti invest pai contributor decommiss cost truste determin contribut invest constraint set fund govern document applic legisl regul contributor retain oblig pai decommiss cost contributor obtain reimburs decommiss cost fund lower decommiss cost incur contributor share asset fund contributor restrict access access surplu asset fund meet elig decommiss cost scope interpret appli account financi statement contributor interest aris decommiss fund featur asset administ separ held separ legal entiti segreg asset entiti contributor access asset restrict residu interest fund extend reimburs contractu distribut decommiss complet wind fund equiti instrument scope ia scope interpret issu issu address interpret contributor account interest fund contributor oblig make addit contribut event bankruptci contributor oblig account consensu account interest fund contributor recognis oblig pai decommiss cost liabil recognis interest fund separ contributor liabl pai decommiss cost fund fail pai contributor determin control joint control signific influenc fund refer ia ia ia sic contributor account interest fund accord standard contributor control joint control signific influenc fund contributor recognis receiv reimburs fund reimburs accord ia reimburs measur lower amount decommiss oblig recognis contributor share fair net asset fund attribut contributor carri receiv reimburs contribut payment fund recognis profit loss period occur account oblig make addit contribut contributor oblig make potenti addit contribut event bankruptci contributor invest asset held fund decreas extent insuffici fulfil fund reimburs oblig oblig conting liabil scope ia contributor recognis liabil probabl addit contribut made disclosur contributor disclos natur interest fund restrict access asset fund contributor oblig make potenti addit contribut recognis liabil paragraph make disclosur requir paragraph ia contributor account interest fund accord paragraph make disclosur requir paragraph ia effect date entiti appli interpret annual period begin januari earlier applic encourag entiti appli interpret period begin januari disclos fact transit account polici account accord requir ia appendix amend ia financi instrument recognit measur amend appendix appli annual period begin januari entiti appli interpret earlier period amend appli earlier period paragraph ia financi instrument recognit measur subparagraph ad standard appli entiti type financi instrument right payment reimburs entiti expenditur requir make settl liabil recognis provis accord ia provis conting liabil conting asset earlier period recognis provis accord ia