AASB 134 - Interim Financial Reporting - July 2004
Periods for which Interim Financial StatPeriods for which Interim Financial Statements are Required to be Presented
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Periods for which Interim Financial Statements are Required to be Presented
20 Interim reports shall include interim financial statements (condensed or complete) for periods as follows:
(a) statement of financial position as of the end of the current interim period and a comparative statement of financial position as of the end of the immediately preceding annual reporting period;
(b) statements of profit or loss and other comprehensive income for the current interim period and cumulatively for the current annual reporting period to date, with comparative statements of profit or loss and other comprehensive income for the comparable interim periods (current and annual reporting period-to-date) of the immediately preceding annual reporting period. As permitted by AASB 101 (as amended in 2011), an interim report may present for each period a statement or statements of profit or loss and other comprehensive income;
(c) statement of changes in equity cumulatively for the current annual reporting period to date, with a comparative statement for the comparable annual reporting period-to-date period of the immediately preceding annual reporting period; and
(d) statement of cash flows cumulatively for the current annual reporting period to date, with a comparative statement for the comparable annual reporting period-to-date period of the immediately preceding annual reporting period.
21 For an entity whose business is highly seasonal, financial information for the twelve months up to the end of the interim period and comparative information for the prior twelve-month period may be useful. Accordingly, entities whose business is highly seasonal are encouraged to consider reporting such information in addition to the information called for in the preceding paragraph.
22 Part A of the illustrative examples accompanying this Standard illustrates the periods required to be presented by an entity that reports half-yearly and an entity that reports quarterly.