Accounting Standard AASB 107 Statement of Cash Flows as amended
This compiled Standard applies to annual reporting periods beginning on or after 1 July 2015. It takes into account amendments up to and including 28 January 2015 and was prepared on 2 April 2015 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB. Instead, it is a representation of AASB 107 (July 2004) as amended by other Accounting Standards, which are listed in the Table below.
Table of Standards
Standard
Date made
Application date(annual reporting periods … on or after …)
Application, saving or transitional provisions
AASB 107
15 Jul 2004
(beginning) 1 Jan 2005
AASB 2007-3
26 Feb 2007
(beginning) 1 Jan 2009
see (a) below
AASB 2007-4
30 Apr 2007
(beginning) 1 Jul 2007
see (b) below
AASB 2007-6
14 Jun 2007
(beginning) 1 Jan 2009
see (c) below
AASB 2007-7
28 Jun 2007
(beginning) 1 Jul 2007
see (b) below
Erratum
20 Jul 2007
(beginning) 1 Jul 2007
see (d) below
AASB 2007-8
24 Sep 2007
(beginning) 1 Jan 2009
see (e) below
AASB 2007-10
13 Dec 2007
(beginning) 1 Jan 2009
see (e) below
AASB 2008-3
6 Mar 2008
(beginning) 1 Jul 2009
see (f) below
AASB 2008-5
24 Jul 2008
(beginning) 1 Jan 2009
see (g) below
AASB 2009-5
21 May 2009
(beginning) 1 Jan 2010
see (h) below
AASB 2009-6
25 Jun 2009
(beginning) 1 Jan 2009 and (ending) 30 Jun 2009
see (i) below
AASB 2009-7
25 Jun 2009
(beginning) 1 Jul 2009
see (j) below
AASB 2010-2
30 Jun 2010
(beginning) 1 Jul 2013
see (k) below
AASB 2010-5
27 Oct 2010
(beginning) 1 Jan 2011
see (l) below
AASB 2011-1
11 May 2011
(beginning) 1 Jul 2011
see (m) below
AASB 2011-7
29 Aug 2011
(beginning) 1 Jan 2013
see (n) below
AASB 2012-11
18 Dec 2012
(beginning) 1 Jul 2013
see (k) below
AASB 2013-5
14 Aug 2013
(beginning) 1 Jan 2014
see (o) below
AASB 2015-3
28 Jan 2015
(beginning) 1 Jul 2015
see (p) below
(a) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009, provided that AASB 8 Operating Segments is also applied to such periods.
(b) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2007.
(c) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009, provided that AASB 123 Borrowing Costs (June 2007) is also applied to such periods.
(d) Entities may elect to apply this Erratum to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2007.
(e) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009, provided that AASB 101 Presentation of Financial Statements (September 2007) is also applied to such periods.
(f) Entities may elect to apply this Standard to annual reporting periods beginning on or after 30 June 2007 but before 1 July 2009, provided that AASB 3 Business Combinations (March 2008) and AASB 127 Consolidated and Separate Financial Statements (March 2008) are also applied to such periods.
(g) Entities may elect to apply this Standard, or its amendments to individual Standards, to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009.
(h) Entities may elect to apply this Standard, or its amendments to individual Standards, to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2010.
(i) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009, provided that AASB 101 Presentation of Financial Statements (September 2007) is also applied to such periods, and to annual reporting periods beginning on or after 1 January 2009 that end before 30 June 2009.
(j) Entities may elect to apply this Standard to annual reporting periods beginning before 1 July 2009 that end on or after 1 July 2008.
(k) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 July 2009 but before 1 July 2013, provided that AASB 1053 Application of Tiers of Australian Accounting Standards is also applied to such periods.
(l) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2011.
(m) Entities may elect to apply this Standard, or its amendments to individual pronouncements, to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2011, provided that AASB 1054 Australian Additional Disclosures is, or its relevant individual disclosure requirements are, also applied to such periods.
(n) AASB 2011-7 has been amended by AASB 2012-6 (made 10 September 2012) and AASB 2012-10 (made 18 December 2012).
For-profit entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2013. The Standard applies for not-for-profit entities to annual reporting periods beginning on or after 1 January 2014. Not-for-profit entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2013 but before 1 January 2014. If an entity elects to apply this Standard to such annual reporting periods, it shall apply AASB 10 Consolidated Financial Statements and associated Standards to such periods.
(o) For-profit entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2014. Not-for-profit entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2013 but before 1 January 2014. If an entity elects to apply this Standard to such annual reporting periods, it shall also apply AASB 10 Consolidated Financial Statements and associated Standards to such periods.
(p) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2014 but before 1 July 2015.
The following amendments are not shown in the above Tables of Amendments:
References to ‘financial report(s)’ were amended to ‘financial statements’ by AASB 2007-8 and AASB 2007-10, except in relation to specific Corporations Act references.
References to ‘cash flow statement’ were amended to ‘statement of cash flows’ by AASB 2007-8.
Other Amendments
In the illustrative examples, references to the years ‘20-1’ and ‘20-2’ were amended to ‘20X1’ and ‘20X2’ respectively by AASB 2009-6. These amendments are not shown in the above Tables of Amendments.