Changes from AASB 1048 (December 2005)Changes from AASB 1048 (December 2005)

Changes from AASB 1048 (December 2005)

The difference between AASB 1048 (issued in December 2005) and this version issued in April 2006 is the addition of three UIG Interpretations to Table 1 in paragraph 9 of the Standard, as set out in the following table.

<table cellspacing="0" cellpadding="0" style="width:328.35pt; border-collapse:collapse"><thead><tr><td colspan="5" style="width:312.85pt; padding-right:5.75pt; padding-left:5.75pt; vertical-align:top"><h4 id="navPoint_13" style="margin-bottom:3pt"><span>Table 1</span><span> </span><span>–</span><span> </span><span>Additions</span></h4></td><td style="border-bottom:1.5pt double #000000; vertical-align:top"></td></tr><tr><td style="vertical-align:top"></td><td style="width:63.45pt; border-top:1.5pt double #000000; border-right:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.1pt 1.02pt 0.65pt 1.4pt; vertical-align:top"><p><span style="font-weight:bold">Interpretation</span></p><p><span style="font-size:9pt; font-style:italic">Issue Date</span></p></td><td style="width:132.55pt; border-top:1.5pt double #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.1pt 1.02pt 0.65pt; vertical-align:top"><p><span style="font-weight:bold">Title</span></p></td><td style="width:77.85pt; border-top:1.5pt double #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.1pt 1.02pt 0.65pt; vertical-align:top"><p><span style="font-weight:bold">Application Date </span><span>(annual reporting periods)</span></p></td><td colspan="2" style="width:38.95pt; border-top:1.5pt double #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.1pt 1.4pt 0.65pt 1.02pt; vertical-align:top"><p style="text-align:center"><span style="font-weight:bold">IFRIC or SIC</span></p></td></tr><tr><td style="vertical-align:top"></td><td style="width:63.45pt; border-top:1.5pt double #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding:2.1pt 1.02pt 1.02pt 1.4pt; vertical-align:top"><p><span>7</span></p><p><span style="font-size:9pt; font-style:italic">February 2006</span></p></td><td style="width:132.55pt; border-top:1.5pt double #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding:2.1pt 1.02pt 1.02pt; vertical-align:top"><p><span>Applying the Restatement Approach under AASB 129 </span><span style="font-style:italic">Financial Reporting in Hyper</span><span style="font-style:italic">­</span><span style="font-style:italic">inflationary Economies</span></p></td><td style="width:77.85pt; border-top:1.5pt double #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding:2.1pt 1.02pt 1.02pt; vertical-align:top"><p><span>(beginning)</span></p><p><span>1 March 2006</span></p></td><td colspan="2" style="width:38.95pt; border-top:1.5pt double #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding:2.1pt 1.4pt 1.02pt 1.02pt; vertical-align:top"><p style="text-align:center"><span>IFRIC 7</span></p></td></tr><tr><td style="vertical-align:top"></td><td style="width:63.45pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt 1.4pt; vertical-align:top"><p><span>8</span></p><p><span style="font-size:9pt; font-style:italic">March 2006</span></p></td><td style="width:132.55pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p><span>Scope of AASB 2</span></p></td><td style="width:77.85pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p><span>(beginning)</span></p><p><span>1 May 2006</span></p></td><td colspan="2" style="width:38.95pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding:2.48pt 1.4pt 1.02pt 1.02pt; vertical-align:top"><p style="text-align:center"><span>IFRIC 8</span></p></td></tr><tr><td style="vertical-align:top"></td><td style="width:63.45pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.48pt 1.02pt 0.65pt 1.4pt; vertical-align:top"><p><span>9</span></p><p><span style="font-size:9pt; font-style:italic">April 2006</span></p></td><td style="width:132.55pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.48pt 1.02pt 0.65pt; vertical-align:top"><p><span>Reassessment of Embedded Derivatives</span></p></td><td style="width:77.85pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.48pt 1.02pt 0.65pt; vertical-align:top"><p><span>(beginning)</span></p><p><span>1 June 2006</span></p></td><td colspan="2" style="width:38.95pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.48pt 1.4pt 0.65pt 1.02pt; vertical-align:top"><p style="text-align:center"><span>IFRIC 9</span></p></td></tr></thead><tbody><tr style="height:0pt"><td style="width:4.35pt"></td><td style="width:66.25pt"></td><td style="width:135.35pt"></td><td style="width:80.65pt"></td><td style="width:37.75pt"></td><td style="width:4pt"></td></tr></tbody></table>