Concession contracts A substantial portion of the Group’s assets are created and used due to concession contracts granted by public sector customers (‘grantors’) and/or by concession companies purchased by the Group on full or partial privati...
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Tagged As: accounting for consession contracts, concession contracts, financial asset model, intangible asset model, mixed model, sample accounting policy, Sample Disclosure in Financial Statements
Operating Segments Reporting Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker of the Group. The chief operating decision-maker of the Group, who is responsible for allocating reso...
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Tagged As: FRS 8 Operating Segments, operating segments, sample accounting policy, Sample Disclosure in Financial Statements, segmental reporting
Early Adoption of FRSs and Amendments to FRSs During the financial year, the Group early adopted FRS 4 Insurance Contracts in accordance with the transitional provisions require simultaneous adoption of Financial Guarantee Contracts (Amendments to IAS 39 and I...
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Tagged As: change in accounting policy, corporate guarantees, Early Adoption FRS 4 Insurance Contracts, Financial guarantess, FRS 4, insurance liabilities