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AASB 138 - Intangible Assets - July 2004
Future Economic BenefitsFuture Economic Benefits
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Future Economic Benefits
17 The future economic benefits flowing from an intangible asset may include revenue from the sale of products or services, cost savings, or other benefits resulting from the use of the asset by the entity. For example, the use of intellectual property in a production process may reduce future production costs rather than increase future revenues.