IFRS Foundation
Example4 2012-01-01 2012-12-31 Example4 2012-12-31 Example4 2011-01-01 2011-12-31 Example4 2011-12-31 Example4 2010-12-31 Example4 2012-12-31 ifrs:TradingSecuritiesMember Example4 2012-12-31 ifrs:DerivativesMember Example4 2012-12-31 ifrs:EquityInvestmentsMember Example4 2012-01-01 2012-12-31 ifrs:TradingSecuritiesMember Example4 2012-01-01 2012-12-31 ifrs:DerivativesMember Example4 2012-01-01 2012-12-31 ifrs:EquityInvestmentsMember Example4 2011-12-31 ifrs:TradingSecuritiesMember Example4 2011-12-31 ifrs:DerivativesMember Example4 2011-12-31 ifrs:EquityInvestmentsMember iso4217:EUR

IFRS Taxonomy 2011 – Illustrative examples

Financial Instruments

Examples from IFRS 7 (IG13A, IG13B, IG14) representing some of the disclosures required by IFRS 7 for financial instruments using block and detailed XBRL tagging.

Fair value (paragraphs 27–28)

IG13A    

Assets measured at fair value

Fair value measurement at end of the reporting period using:

Level 1

Level 2

Level 3

Description

31 Dec 20X2

CU million 

CU million

CU million

Financial assets at fair value through profit or loss

Trading securities

100

40

55

5

Trading derivatives

39

17

20

2

Financial assets at fair value through other comprehensive income

Equity investments

75

30

40

5

Total

214

87

115

12

(Note: For liabilities, a similar table might be presented.)

IG13B    

Assets measured at fair value based on Level 3             

Fair value measurement at the end of the reporting period

Financial assets
at fair value

Total

Trading securities

Trading derivatives

Equity investments

CU million

CU million

CU million

CU million

Opening balance                 

6

5

3

14

Total gains or losses

in profit or loss

( 2)

( 2)

( 4)

in other comprehensive income

1

1

Purchases               

1

2

1

4

Issues    

Settlements               

( 1)

( 1)

Transfers out of Level 3       

( 2)

( 2)

Closing balance                   

       5

2

5

12

Total gains or losses for the period included in profit or loss for assets held at the end of the reporting period

( 1)

( 1)

( 2)

Gains or losses included in profit or loss for the period (above) are presented in trading income and in other income as follows:

Trading income

Total gains or losses included in profit or loss for the period

(4)

Total gains or losses for the period included in profit or loss
for assets held at the end of the reporting period

(2)

(Note: For liabilities, a similar table might be presented.)

IG14       

The differences yet to be recognised in profit or loss are as follows:

31 Dec X2

31 Dec X1

 CU million

CU million

Balance at beginning of year

5.3

5.0

New transactions

1.0

Amounts recognised in profit or loss during the year

( 0.7)

( 0.8)

Other increases

0.2

Other decreases

( 0.1)

( 0.1)

Balance at end of year

4.5

5.3


Copyright © 2011 IFRS Foundation

All rights reserved. Permission granted to reproduce for personal and educational use only. Otherwise, no part of this webpage may be translated, reprinted or reproduced or utilised in any form either in whole or in part or by any electronic, mechanical or other means, now known or hereafter invented, including photocopying and recording, or in any information storage and retrieval system, without prior permission in writing from the IFRS Foundation.