VGI Annual Report 2012 - 2013 EN

Page 100

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


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