AASB 2011-8 - Amendments to Australian Accounting Standards arising from AASB 13 - September 2011
120Paragraph 17 is amended as follows (new text is underlined and deleted text is struck through):
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120 Paragraph 17 is amended as follows (new text is underlined and deleted text is struck through):
17 If, after the end of a reporting period but before the financial statements are authorised for issue, an entity declares a dividend to distribute a non-cash asset, it shall disclose:
(c) the estimated fair value of the asset to be distributed as of the end of the reporting period, if it is different from its carrying amount, and the information about the method(s) used to determine measure that fair value required by AASB 7 paragraph 27(a) and (b) paragraphs 93(b), (d), (g) and (i) and 99 of AASB 13.