J ;OL ÄUHUJPHS Z[H[LTLU[Z VM [OL Z\IZPKPHYPLZ HYL WYLWHYLK \ZPUN [OL ZHTL ZPNUPÄJHU[ HJJV\U[PUN WVSPJPLZ HZ [OL Company. K ;OL HZZL[Z HUK SPHIPSP[PLZ PU [OL ÄUHUJPHS Z[H[LTLU[Z VM V]LYZLHZ Z\IZPKPHYPLZ HYL [YHUZSH[LK [V )HO[ \ZPUN [OL L_JOHUNL rate prevailing on the end of reporting period, and revenues and expenses translated using monthly average exchange rates. ;OL YLZ\S[PUN KPMMLYLUJLZ HYL ZOV^U \UKLY [OL JHW[PVU VM ¸,_JOHUNL KPMMLYLUJLZ VU [YHUZSH[PVU VM ÄUHUJPHS Z[H[LTLU[Z PU MVYLPNU currency” in the statements of changes in shareholders’ equity. e) Material balances and transactions between the Company and its subsidiaries have been eliminated from the JVUZVSPKH[LK ÄUHUJPHS Z[H[LTLU[Z ;OL ZLWHYH[L ÄUHUJPHS Z[H[LTLU[Z ^OPJO WYLZLU[ PU]LZ[TLU[Z PU Z\IZPKPHYPLZ \UKLY [OL JVZ[ TL[OVK OH]L ILLU WYLWHYLK ZVSLS` MVY [OL ILULÄ[ VM [OL W\ISPJ 5L^ HJJV\U[PUN Z[HUKHYKZ UV[ `L[ LɈLJ[P]L ;OL -LKLYH[PVU VM (JJV\U[PUN 7YVMLZZPVUZ OHZ PZZ\LK UV[PÄJH[PVUZ ^OPJO HYL W\ISPZOLK PU [OL 9V`HS .HaL[[L THUKH[PUN [OL use of accounting treatment guidance, accounting standards, financial reporting standards, accounting standard PU[LYWYL[H[PVUZ HUK ÄUHUJPHS YLWVY[PUN Z[HUKHYK PU[LYWYL[H[PVUZ HZ MVSSV^Z Effective date Accounting Treatment Guidance for Transfers of Financial Assets
1 January 2013
Accounting Standards: TAS 12
Income Taxes
1 January 2013
TAS 20 (revised 2009)
Accounting for Government Grants and Disclosure of Government Assistance
1 January 2013
TAS 21 (revised 2009)
The Effects of Changes in Foreign Exchange Rates
1 January 2013
Financial Reporting Standards: TFRS 4
Insurance Contracts
1 January 2016
TFRS 8
Operating Segments
1 January 2013
Accounting Standard Interpretations: TSIC 10
.V]LYUTLU[ (ZZPZ[HUJL 5V :WLJPÄJ 9LSH[PVU [V 6WLYH[PUN 1 January 2013 Activities
TSIC 21
Income Taxes - Recovery of Revalued Non-Depreciable Assets
1 January 2013
TSIC 25
Income Taxes - Changes in the Tax Status of an Entity or its Shareholders
1 January 2013
TSIC 29
Service Concession Arrangements: Disclosures
1 January 2014
Financial Reporting Standard Interpretations:
98
TFRIC 1
Changes in Existing Decommissioning, Restoration and Similar Liabilities
1 January 2014
TFRIC 4
Determining whether an Arrangement contains a Lease
1 January 2014
TFRIC 5
Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds
1 January 2014
TFRIC 7
Applying the Restatement Approach under TAS 29 -PUHUJPHS 9LWVY[PUN PU /`WLYPUÅH[PVUHY` ,JVUVTPLZ
1 January 2014
TFRIC 10
Interim Financial Reporting and Impairment
1 January 2014
TFRIC 12
Service Concession Arrangements
1 January 2014
TFRIC 13
Customer Loyalty Programmes
1 January 2014
VGI Global Media PLC. Annual Report 2012/2013