Division Australian Interpretations corresponding - AASB 1048 - Interpretation of Standards - December 2013 - Australian Interpretations corresponding to IASB Interpretations

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Australian Interpretations corresponding to IASB Interpretations

8 An entity shall apply each relevant Australian Interpretation listed in Table 1 below.

<table cellspacing="0" cellpadding="0" style="width:487.6pt; border-collapse:collapse"><thead><tr><td colspan="4" style="width:476.8pt; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><h5 id="navPoint_24" style="margin-bottom:3pt; text-align:justify; line-height:normal"><span>Table 1: Australian Interpretations corresponding to IASB Interpretations</span></h5></td></tr><tr><td style="width:80.6pt; 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="line-height:normal"><span style="font-weight:bold">Interpretation</span></p><p style="line-height:normal"><span style="font-style:italic">Issue Date</span></p></td><td style="width:227.8pt; 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="line-height:normal"><span style="font-weight:bold">Title</span></p></td><td style="width:109.3pt; 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="line-height:normal"><span style="font-weight:bold">Application Date </span><span>(annual reporting periods)</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span style="font-weight:bold">IFRIC or SIC</span><span style="font-weight:bold"> Interp’n</span></p></td></tr></thead><tbody><tr><td style="width:80.6pt; 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="line-height:normal"><span>1</span></p><p style="line-height:normal"><span style="font-style:italic">December 2013</span></p><p style="line-height:normal"><span>[as amended to]</span></p></td><td style="width:227.8pt; 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 style="line-height:normal"><span>Changes in Existing Decommissioning, Restoration and Similar Liabilities</span></p></td><td style="width:109.3pt; 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 style="line-height:normal"><span>(beginning)</span></p><p style="line-height:normal"><span>1 January 2014</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span>IFRIC 1</span></p></td></tr><tr><td style="width:80.6pt; 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 style="line-height:normal"><span>1</span></p><p style="line-height:normal"><span style="font-style:italic">June 2009</span></p><p style="line-height:normal"><span>[as amended to]</span></p></td><td style="width:227.8pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>Changes in Existing Decommissioning, Restoration and Similar Liabilities</span></p></td><td style="width:109.3pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>(beginning)</span></p><p style="line-height:normal"><span>1 January 2009</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span>IFRIC 1</span></p></td></tr><tr><td style="width:80.6pt; 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 style="line-height:normal"><span>2</span></p><p style="line-height:normal"><span style="font-style:italic">December 2013</span></p><p style="line-height:normal"><span>[as amended to]</span></p></td><td style="width:227.8pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>Members’ Shares in Co</span><span>‑</span><span>operative Entities and Similar Instruments</span></p></td><td style="width:109.3pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>(beginning)</span></p><p style="line-height:normal"><span>1 January 2017</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span>IFRIC 2</span></p></td></tr><tr><td style="width:80.6pt; 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 style="line-height:normal"><span>2</span></p><p style="line-height:normal"><span style="font-style:italic">December 2013</span></p><p style="line-height:normal"><span>[as amended to]</span></p></td><td style="width:227.8pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>Members’ Shares in Co</span><span>‑</span><span>operative Entities and Similar Instruments</span></p></td><td style="width:109.3pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>(beginning)</span></p><p style="line-height:normal"><span>1 January 2014</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span>IFRIC 2</span></p></td></tr><tr><td style="width:80.6pt; 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 style="line-height:normal"><span>2</span></p><p style="line-height:normal"><span style="font-style:italic">September 2012</span></p><p style="line-height:normal"><span>[as amended to]</span></p></td><td style="width:227.8pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>Members’ Shares in Co</span><span>‑</span><span>operative Entities and Similar Instruments</span></p></td><td style="width:109.3pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>(beginning)</span></p><p style="line-height:normal"><span>1 July 2013</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span>IFRIC 2</span></p></td></tr><tr><td style="width:80.6pt; 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 style="line-height:normal"><span>2</span></p><p style="line-height:normal"><span style="font-style:italic">September 2012</span></p><p style="line-height:normal"><span>[as amended to]</span></p></td><td style="width:227.8pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>Members’ Shares in Co</span><span>‑</span><span>operative Entities and Similar Instruments</span></p></td><td style="width:109.3pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>(beginning)</span></p><p style="line-height:normal"><span>1 January 2013</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span>IFRIC 2</span></p></td></tr><tr><td style="width:80.6pt; 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 style="line-height:normal"><span>2</span></p><p style="line-height:normal"><span style="font-style:italic">May 2011</span></p><p style="line-height:normal"><span>[as amended to]</span></p></td><td style="width:227.8pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>Members’ Shares in Co</span><span>‑</span><span>operative Entities and Similar Instruments</span></p></td><td style="width:109.3pt; border:0.75pt solid #000000; padding:2.48pt 1.02pt 1.02pt; vertical-align:top"><p style="line-height:normal"><span>(beginning)</span></p><p style="line-height:normal"><span>1 July 2011</span></p></td><td style="width:58.7pt; 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="line-height:normal"><span>IFRIC 2</span></p></td></tr></tbody></table>

4December 2013[as amended to]	Determining whether an Arrangement contains a Lease	(beginning)1 January 2014	IFRIC 4
4September 2012[as amended to]	Determining whether an Arrangement contains a Lease	(beginning)1 July 2013	IFRIC 4
4September 2012[as amended to]	Determining whether an Arrangement contains a Lease	(beginning)1 January 2013	IFRIC 4
4December 2009[as amended to]	Determining whether an Arrangement contains a Lease	(beginning)1 January 2011	IFRIC 4
5December 2013[as amended to]	Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds	(beginning)1 January 2017	IFRIC 5
5December 2013[as amended to]	Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds	(beginning)1 January 2014	IFRIC 5
5December 2012[as amended to]	Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds	(beginning)1 July 2013	IFRIC 5
5December 2012[as amended to]	Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds	(beginning)1 January 2013	IFRIC 5
5September 2007[as amended to]	Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds	(beginning)1 January 2009	IFRIC 5
6December 2013[as amended to]	Liabilities arising from Participating in a Specific Market – Waste Electrical and Electronic Equipment	(beginning)1 January 2014	IFRIC 6
6September 2007[as amended to]	Liabilities arising from Participating in a Specific Market – Waste Electrical and Electronic Equipment	(beginning)1 January 2009	IFRIC 6
7December 2013[as amended to]	Applying the Restatement Approach under AASB 129 Financial Reporting in Hyperinflationary Economies	(beginning)1 January 2014	IFRIC 7
7October 2009[as amended to]	Applying the Restatement Approach under AASB 129 Financial Reporting in Hyperinflationary Economies	(beginning)1 January 2009	IFRIC 7
9December 2013[as amended to]	Reassessment of Embedded Derivatives	(beginning)1 January 2014	IFRIC 9

4December 2013[as amended to]

Determining whether an Arrangement contains a Lease

(beginning)1 January 2014

IFRIC 4

4September 2012[as amended to]

Determining whether an Arrangement contains a Lease

(beginning)1 July 2013

IFRIC 4

4September 2012[as amended to]

Determining whether an Arrangement contains a Lease

(beginning)1 January 2013

IFRIC 4

4December 2009[as amended to]

Determining whether an Arrangement contains a Lease

(beginning)1 January 2011

IFRIC 4

5December 2013[as amended to]

Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds

(beginning)1 January 2017

IFRIC 5

5December 2013[as amended to]

Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds

(beginning)1 January 2014

IFRIC 5

5December 2012[as amended to]

Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds

(beginning)1 July 2013

IFRIC 5

5December 2012[as amended to]

Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds

(beginning)1 January 2013

IFRIC 5

5September 2007[as amended to]

Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds

(beginning)1 January 2009

IFRIC 5

6December 2013[as amended to]

Liabilities arising from Participating in a Specific Market – Waste Electrical and Electronic Equipment

(beginning)1 January 2014

IFRIC 6

6September 2007[as amended to]

Liabilities arising from Participating in a Specific Market – Waste Electrical and Electronic Equipment

(beginning)1 January 2009

IFRIC 6

7December 2013[as amended to]

Applying the Restatement Approach under AASB 129 Financial Reporting in Hyperinflationary Economies

(beginning)1 January 2014

IFRIC 7

7October 2009[as amended to]

Applying the Restatement Approach under AASB 129 Financial Reporting in Hyperinflationary Economies

(beginning)1 January 2009

IFRIC 7

9December 2013[as amended to]

Reassessment of Embedded Derivatives

(beginning)1 January 2014

IFRIC 9

9December 2012[as amended to]	Reassessment of Embedded Derivatives	(beginning)1 January 2013	IFRIC 9
9May 2009[as amended to]	Reassessment of Embedded Derivatives	(beginning)1 July 2009	IFRIC 9
10December 2013[as amended to]	Interim Financial Reporting and Impairment	(beginning)1 January 2017	IFRIC 10
10December 2013[as amended to]	Interim Financial Reporting and Impairment	(beginning)1 January 2014	IFRIC 10
10October 2009[as amended to]	Interim Financial Reporting and Impairment	(beginning)1 January 2009	IFRIC 10
12December 2013[as amended to]	Service Concession Arrangements	(beginning)1 January 2017	IFRIC 12
12December 2013[as amended to]	Service Concession Arrangements	(beginning)1 January 2014	IFRIC 12
12December 2013[as amended to]	Service Concession Arrangements	(ending)20 December 2013	IFRIC 12
12December 2012[as amended to]	Service Concession Arrangements	(beginning)1 January 2013	IFRIC 12
12June 2009[as amended to]	Service Concession Arrangements	(beginning)1 January 2009	IFRIC 12
13December 2013[as amended to]	Customer Loyalty Programmes	(beginning)1 January 2014	IFRIC 13
13September 2012[as amended to]	Customer Loyalty Programmes	(beginning)1 January 2013	IFRIC 13
13June 2010[as amended to]	Customer Loyalty Programmes	(beginning)1 January 2011	IFRIC 13
14December 2013[as amended to]	AASB 119 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction	(beginning)1 January 2014	IFRIC 14
14September 2012[as amended to]	AASB 119 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction	(beginning)1 January 2013	IFRIC 14
14December 2009[as amended to]	AASB 119 – The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction	(beginning)1 January 2011	IFRIC 14
15December 2013[as amended to]	Agreements for the Construction of Real Estate	(beginning)1 January 2014	IFRIC 15
15June 2010[as amended to]	Agreements for the Construction of Real Estate	(beginning)1 July 2013	IFRIC 15
15August 2008	Agreements for the Construction of Real Estate	(beginning)1 January 2009	IFRIC 15
16December 2013[as amended to]	Hedges of a Net Investment in a Foreign Operation	(beginning)1 January 2017	IFRIC 16
16December 2013[as amended to]	Hedges of a Net Investment in a Foreign Operation	(beginning)1 January 2014	IFRIC 16
16December 2012[as amended to]	Hedges of a Net Investment in a Foreign Operation	(beginning)1 January 2013	IFRIC 16
16December 2009[as amended to]	Hedges of a Net Investment in a Foreign Operation	(beginning)1 January 2011	IFRIC 16
17December 2013[as amended to]	Distributions of Non-cash Assets to Owners	(beginning)1 January 2014	IFRIC 17
17December 2012[as amended to]	Distributions of Non-cash Assets to Owners	(beginning)1 July 2013	IFRIC 17
17December 2012[as amended to]	Distributions of Non-cash Assets to Owners	(beginning)1 January 2013	IFRIC 17
17June 2009[as amended to]	Distributions of Non-cash Assets to Owners	(beginning)1 July 2009	IFRIC 17
18December 2013[as amended to]	Transfers of Assets from Customers	(beginning)1 January 2014	IFRIC 18
18December 2013[as amended to]	Transfers of Assets from Customers	(ending)20 December 2013	IFRIC 18
18March 2009	Transfers of Assets from Customers	(ending)1 July 2009	IFRIC 18
19December 2013[as amended to]	Extinguishing Financial Liabilities with Equity Instruments	(beginning)1 January 2017	IFRIC 19
19December 2013[as amended to]	Extinguishing Financial Liabilities with Equity Instruments	(beginning)1 January 2014	IFRIC 19
19December 2013[as amended to]	Extinguishing Financial Liabilities with Equity Instruments	(ending)20 December 2013	IFRIC 19
19September 2012[as amended to]	Extinguishing Financial Liabilities with Equity Instruments	(beginning)1 January 2013	IFRIC 19
19December 2009	Extinguishing Financial Liabilities with Equity Instruments	(beginning)1 July 2010	IFRIC 19
20December 2013[as amended to]	Stripping Costs in the Production Phase of a Surface Mine	(beginning)1 January 2014	IFRIC 20
20November 2011	Stripping Costs in the Production Phase of a Surface Mine	(beginning)1 January 2013	IFRIC 20
21December 2013[as amended to]	Levies	(beginning)1 January 2014	IFRIC 21
107December 2013[as amended to]	Introduction of the Euro	(beginning)1 January 2017	SIC-7
107December 2013[as amended to]	Introduction of the Euro	(beginning)1 January 2014	SIC-7
107June 2009[as amended to]	Introduction of the Euro	(beginning)1 July 2009	SIC-7
110December 2013[as amended to]	Government Assistance – No Specific Relation to Operating Activities	(beginning)1 January 2014	SIC-10
110September 2007[as amended to]	Government Assistance – No Specific Relation to Operating Activities	(beginning)1 January 2009	SIC-10
112May 2011[as amended to]	Consolidation – Special Purpose Entities	(beginning)1 July 2011	SIC-12
113May 2011[as amended to]	Jointly Controlled Entities – Non-Monetary Contributions by Venturers	(beginning)1 July 2011	SIC-13
115December 2013[as amended to]	Operating Leases – Incentives	(beginning)1 January 2014	SIC-15
115December 2013[as amended to]	Operating Leases – Incentives	(ending)20 December 2013	SIC-15
115October 2010[as amended to]	Operating Leases – Incentives	(beginning)1 January 2011	SIC-15
125December 2013[as amended to]	Income Taxes – Changes in the Tax Status of an Entity or its Shareholders	(beginning)1 January 2014	SIC-25
125June 2009[as amended to]	Income Taxes – Changes in the Tax Status of an Entity or its Shareholders	(beginning)1 January 2009	SIC-25
127December 2013[as amended to]	Evaluating the Substance of Transactions Involving the Legal Form of a Lease	(beginning)1 January 2017	SIC-27
127December 2013[as amended to]	Evaluating the Substance of Transactions Involving the Legal Form of a Lease	(beginning)1 January 2014	SIC-27
127December 2013[as amended to]	Evaluating the Substance of Transactions Involving the Legal Form of a Lease	(ending)20 December 2013	SIC-27
127September 2012[as amended to]	Evaluating the Substance of Transactions Involving the Legal Form of a Lease	(beginning)1 July 2013	SIC-27
127October 2010[as amended to]	Evaluating the Substance of Transactions Involving the Legal Form of a Lease	(beginning)1 January 2011	SIC-27
129December 2013[as amended to]	Service Concession Arrangements: Disclosures	(beginning)1 January 2014	SIC-29
129December 2013[as amended to]	Service Concession Arrangements: Disclosures	(ending)20 December 2013	SIC-29
129June 2010[as amended to]	Service Concession Arrangements: Disclosures	(beginning)1 July 2013	SIC-29
129June 2009[as amended to]	Service Concession Arrangements: Disclosures	(beginning)1 January 2009	SIC-29
131December 2013[as amended to]	Revenue – Barter Transactions Involving Advertising Services	(beginning)1 January 2014	SIC-31
131December 2013[as amended to]	Revenue – Barter Transactions Involving Advertising Services	(ending)20 December 2013	SIC-31
131September 2012[as amended to]	Revenue – Barter Transactions Involving Advertising Services	(beginning)1 January 2013	SIC-31
131September 2007[as amended to]	Revenue – Barter Transactions Involving Advertising Services	(beginning)1 January 2009	SIC-31
132December 2013[as amended to]	Intangible Assets – Web Site Costs	(beginning)1 January 2014	SIC-32
132December 2013[as amended to]	Intangible Assets – Web Site Costs	(ending)20 December 2013	SIC-32
132September 2012[as amended to]	Intangible Assets – Web Site Costs	(beginning)1 January 2013	SIC-32
132October 2010[as amended to]	Intangible Assets – Web Site Costs	(beginning)1 January 2011	SIC-32

9December 2012[as amended to]

Reassessment of Embedded Derivatives

(beginning)1 January 2013

IFRIC 9

9May 2009[as amended to]

Reassessment of Embedded Derivatives

(beginning)1 July 2009

IFRIC 9

10December 2013[as amended to]

Interim Financial Reporting and Impairment

(beginning)1 January 2017

IFRIC 10

10December 2013[as amended to]

Interim Financial Reporting and Impairment

(beginning)1 January 2014

IFRIC 10

10October 2009[as amended to]

Interim Financial Reporting and Impairment

(beginning)1 January 2009

IFRIC 10

12December 2013[as amended to]