Operating Segments In the previous financial years, the Group deemed a segment as a distinguishable component of the Group that was engaged either in providing products or services (business segment), or in providing products or services within a particular ec...
Read More
Tagged As: FRS 8 Operating Segments, operating segments, sample accounting policy, Sample Disclosure in Financial Statements, segmental reporting
Biological Assets – Forest planting expenditure All direct and related expenses incurred on the development of the Company’s Sustainable Forest Ecology and Management Project under the licensed agreement entered into with the State Government of Wonder...
Read More
Tagged As: accounting for forest replanting expenditure, accounting policy of biological assets, forest replanting expenditure, sample accounting policy, Sample Disclosure in Financial Statements
Financial guarantees issued Financial guarantees issued by the Company and those companies within the consolidated entity (“Group”) are recognised as financial liabilities at the date the guarantee is issued. Liabilities arising from financial guarantee co...
Read More
Tagged As: accounting policy of financial guarantees, financial guanrantees, guanrantees given for subsidiaries and associates, guarantees provided for no compensation, sample accounting policy, Sample Disclosure in Financial Statements
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...
Read More
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...
Read More
Tagged As: FRS 8 Operating Segments, operating segments, sample accounting policy, Sample Disclosure in Financial Statements, segmental reporting