Changes in AASB 1048 (issued March 2005)Changes in AASB 1048 (issued March 2005) from AASB 1048 (issued December 2004)

Changes in AASB 1048 (issued March 2005) from AASB 1048 (issued December 2004)

The difference between AASB 1048 (issued December 2004) and this version issued in March 2005 is the addition of two UIG Interpretations, listed below, to Table 1 in paragraph 9 of the Standard.

<table cellspacing="0" cellpadding="0" style="width:324.35pt; border-collapse:collapse"><thead><tr><td colspan="6" style="width:313.55pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><h4 id="navPoint_15" style="margin-bottom:3pt"><span>Table 1</span><span> </span><span>–</span><span> </span><span>Additions</span></h4></td></tr><tr><td style="vertical-align:top"></td><td colspan="2" style="width:87.9pt; border-top:1.5pt double #000000; border-bottom:1.5pt double #000000; padding:2.1pt 1.4pt 0.65pt; vertical-align:top"><p style="page-break-after:avoid"><span style="font-weight:bold">UIG Interpretation</span><br><span style="font-size:9pt; font-style:italic">Issue Date</span></p></td><td style="width:12.8pt; 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 style="text-align:justify"><span style="font-weight:bold"></span></p></td><td style="width:165.9pt; 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 style="text-align:justify"><span style="font-weight:bold">Title</span></p></td><td style="width:39.7pt; 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></thead><tbody><tr><td style="vertical-align:top"></td><td style="width:76.6pt; border-top:1.5pt double #000000; border-bottom:0.75pt solid #000000; padding:2.1pt 1.4pt 1.02pt; vertical-align:top"><p style="text-align:justify"><span>UIG Interpretation</span></p><p style="text-align:justify"><span style="font-size:9pt; font-style:italic">March 2005</span></p></td><td colspan="2" style="width:24.1pt; 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 style="text-align:justify"><span>2</span></p></td><td style="width:165.9pt; 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>Members’ Shares in Co-operative Entities and Similar Instruments</span></p></td><td style="width:39.7pt; 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 2</span></p></td></tr><tr><td style="vertical-align:top"></td><td style="width:76.6pt; border-top:0.75pt solid #000000; border-bottom:1.5pt double #000000; padding:2.48pt 1.4pt 0.65pt; vertical-align:top"><p style="text-align:justify"><span>UIG Interpretation</span></p><p style="text-align:justify"><span style="font-size:9pt; font-style:italic">March 2005</span></p></td><td colspan="2" style="width:24.1pt; 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 style="text-align:justify"><span>3</span></p></td><td style="width:165.9pt; 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 style="text-align:justify"><span>Emission Rights</span></p></td><td style="width:39.7pt; 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 3</span></p></td></tr></tbody><tbody><tr style="height:0pt"><td style="width:6.85pt"></td><td style="width:79.4pt"></td><td style="width:11.3pt"></td><td style="width:15.6pt"></td><td style="width:168.7pt"></td><td style="width:42.5pt"></td></tr></tbody></table>