Archive IFRIC Meetings - Agenda Papers

September IFRIC 2006

Observer Notes:

• Real estate sales (Agenda Paper 3)
• Provision of Public Sector Services by the Private Sector - Service Concession Arrangements � Cover paper (Agenda Paper 2)
• Provision of Public Sector Services by the Private Sector [Service Concession Arrangements] � Draft text IFRIC Interpretation X (Agenda Paper 2(i))
• Provision of Public Sector Services by the Private Sector [Service Concession Arrangements] � Timing of the recognition of the intangible asset (Agenda Paper 2(ii))
• IFRS 2 � Group and Treasury Share Transactions � Major proposed changes (Agenda Paper 4)
• Employee benefit trusts in the individual or separate financial statements of the sponsor (Agenda Paper 5)
• IAS 18 Revenue � Upfront revenue recognition by a fund manager (Agenda Paper 6)
• Treatment of catalogues and other advertising costs (Agenda Paper 7)

Recommendations regarding requests for IFRIC agenda items :

• IAS 39 Financial Instruments : Recognition and Measurement � Hedge effectiveness on a cumulative basis (Agenda Paper 8(i))
• Presentation of �net finance costs� on the face of the income statement (Agenda Paper 8(ii))
• Classification of and accounting for SIM cards (Agenda Paper 8(iii))
Adoption of IAS 38 (2004) (Agenda Paper 8(iv))

• IAS 11 Construction Contracts / IAS 18 Revenue - Allocation of profit in unsegmented contracts (Agenda Paper 8(v))

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July IFRIC Meeting 2006

Observer notes:

• IAS 18 Customer loyalty programmes (Agenda papers 2/2(i)/2(ii))
• IFRS 2 Share-based Payment � Group and treasury share transactions (Agenda paper 3)
• Service concession arrangements (Agenda paper 4)
• IAS 19 Employee Benefits � Minimum funding requirements and the asset ceiling (Agenda paper 5)
• Guidance on identifying agency arrangements (Agenda paper 6)
• Review of published tentative agenda decision: IFRS 2 Share-based Payment � Fair value measurement of a post-vesting transfer restriction (Agenda paper 7(i))
• Review of published tentative agenda decision: IAS 17 Leases � Recognition of contingent rentals (Agenda paper 7(ii))
• Comment Letter 1 (Agenda paper 7(ii), Appendix I)
• Comment Letter 2 (Agenda paper 7(ii), Appendix II)
• Comment Letter 3 (Agenda paper 7(ii), Appendix III)
• Employee benefit trusts in the individual or separate financial statements of the sponser (Agenda paper 8)
• IAS 39 Financial Instruments : Recognition and Measurement � Identification of a portion of an exposure eligible for hedge accounting (Agenda paper 9)

Recommendations regarding requests for IFRIC agenda items (Agenda papers 10(i)-(xi)):

• Valuation of electricity derivatives (Agenda paper 10(i))
  
• Classification of puts and forwards held by minority interests (Agenda paper 10(ii))
• Are puts and forwards received by minority interests in a business combination contingent consideration? (Agenda paper 10(iii))
• IAS 11 Construction Contracts / IAS 18 Revenue � Allocation of profit in unsegmented contracts (Agenda paper 10(iv))
• SIC-12 Consolidation: Special Purpose Entities � Relinquishment of control (Agenda paper 10(v))
• Definition of a derivative � indexation on own EBITDA/own revenue (Agenda paper 10(vi))
• Foreign currency instruments exchangeable into equity instruments of the parent entity of the issuer (Agenda paper 10(vii))
• IAS 32 Financial Instruments: Presentation � Changes in the contractual terms of an existing equity instrument resulting in it being reclassified to financial liability (Agenda paper 10(viii))
• IAS 1 Presentation of Financial Statements � Whether the liability component of a convertible instrument should be classified as current or non-current (Agenda paper 10(ix))
• IFRS 2 Share-based Payment � Incremental fair value to employees as a result of unexpected capital restructurings (Agenda paper 10(x)
• Revaluation of investment properties under construction (Agenda paper 10(xi))
• IAS 39 Financial Instruments : Recognition and Measurement � Securitisations: Derecognition of groups of financial assets (Agenda paper 11)

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May IFRIC Meeting 2006

Observer notes:

• Recognition of contingent rentals (Agenda paper 2)
• IAS 18 Customer loyalty programmes (Agenda paper 3)
• Minimum funding requirements and the asset ceiling (Agenda paper 4)
• Service Concession Arrangements � Cover paper (Agenda paper 5(i))
• Service Concession Arrangements - Draft Text IFRIC [X] [Formerly D12] (Agenda Paper 5(ii))
• Service Concession Arrangements - D12 Service Concession Arrangements Significance of Residual Value (Agenda Paper 5(iii)
• IAS 39 Financial Instruments : Recognition and Measurement � Securitisations: Derecognition of groups of financial assets (Agenda paper 6)
• Group and treasury share transactions (Agenda paper 7)
• Analysis of comment letters on IFRIC Draft Interpretation D18 (Agenda paper 8(i))
• Interim financial reporting and impairment � staff recommendation (Agenda paper 8(ii))
• Review of published tentative agenda decisions (Agenda paper 9)

Recommendations regarding requests for IFRIC agenda items:

• IFRS 2 Share-based Payment � Accounting for employee benefit trusts (Agenda paper 10(i))
• Upfront revenue recognition by a fund manager (Agenda paper 10(ii))
• Classification of a financial instrument as liability or equity (Agenda paper 10(iii))
• Classification of puts and forwards held by minority interests (Agenda Paper 10(iv))
• Are puts or forwards received by minority interests in a business combination contingent consideration? (Agenda Paper 10(v)
• Definition of a derivative � indexation on own EBITDA/revenue (Agenda paper 10(vi))
• Foreign currency instruments exchangeable into equity instruments of the parent entity of the issuer (Agenda paper 10(vii))
• SIC 12 Consolidation: Special Purpose Entities � Relinquishment of control (Agenda paper 10(viii))
• IAS 11 Construction Contracts /IAS 18 Revenue � Allocation of profit in unsegmented contracts (Agenda paper 10(ix))

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March IFRIC Meeting 2006

Observer notes:

• IAS 18 Real Estate Sales (Agenda Paper 3)
• IAS 19 Employee Benefits � Minimum Funding Requirements and the asset ceiling (Agenda Paper 4)
• Financial Instruments: Classification of a financial instrument as liability or equity (Agenda Paper 5)
• IFRS 1 First-time Adoption of International Financial Reporting Standards � Cost of a subsidiary in the separate financial statements of a parent (Agenda Paper 6)
• IFRIC relationship with National Standard-Setters and National Interpretative Groups (Agenda Paper 7)
• Customer Loyalty Programmes (Agenda Paper 8)
• IAS 39 Financial Instruments : Recognition and Measurement �Aspects of derecognition in the context of securitisation (Agenda Paper 11)
• IAS 39 Financial Instruments : Recognition and Measurement � Overview of the derecognition requirements (Agenda Paper 11A)
• IAS 39 Financial Instruments : Recognition and Measurement � More detailed analysis of the questions the IFRIC has been asked to consider in relation to derecognition of financial assets (Agenda Paper 11B)
• IAS 39 Financial Instruments : Recognition and Measurement � Hedging Inflation Risk � Whether inflation risk qualifies as a separable component for hedging purposes (Agenda Paper 12)

Recommendations by Agenda Committee regarding requests for IFRIC agenda items:

• Service Concession Arrangements � Determining the appropriate accounting model (Agenda Paper 2A)
• Service Concession Arrangements � Typical funding and security structure (Agenda Paper 2A1)
• Service Concessions � The interaction of D12 with IFRIC 4 (Agenda Paper 2B)
• Service Concessions � Analysis of Remaining Comments (Agenda Paper 2C)
• IFRS 2 Share-based Payment : Scope of IFRS 2 � Share plans with cash alternatives at the discretion of the entity (Agenda Paper 10(i))
• IFRS 2 Share-based Payment : Share plans with cash alternatives at the discretion of employees � grant date and vesting periods (Agenda Paper 10(ii))
• IFRS 2 � Fair value measurement of a post-vesting transfer restriction (Agenda Paper 10(iii))

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January IFRIC Meeting 2006

Observer Notes:

• Hedging Inflation Risk � Whether inflation risk qualifies as a separable component for hedging purposes under IAS 39 (Agenda Paper 2)
• Review of Tentative Agenda Decision � Scope of IFRS 6 Exploration for and Evaluation of Mineral Resources (Agenda Paper 3)
• D15 Reassessment of Embedded Derivatives � Staff proposal for a final interpretation (Agenda Paper 5)
• Service Concession Arrangements (Agenda Paper 6)
• D14 � Service Concession Arrangements: Intangible Asset Model (Agenda Paper 6A)
• Proposal for an IFRIC Handbook (Agenda Paper 7)
• Customer Loyalty Cards/Programmes (Agenda Paper 8)

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