• IFRS Illustrative Financial Statements: IFRS 9 Financial Instruments Supplement

IFRS Illustrative Financial Statements

29 March 2018

IFRS 9 Financial Instruments (IFRS 9) is effective for periods beginning on or after 1 January 2018.

This supplement provides example illustrative disclosures that A Layout (International) Group Limited (the Group) might have provided had it adopted IFRS 9 one year earlier than required. It has been assumed that the Group has elected to apply the exemption is IFRS 9 paragraph 7.2.15 not to restate prior periods in the year of initial application of the standard. The Group has chosen to adopt the simplified expected credit loss model for trade receivables in accordance with IFRS 9 paragraph 5.5.15. Disclosures that are new as a result of IFRS 9 are in bold text in this supplement.