NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS
%XLOGLQJ 8S )XQGDPHQWDOV r DQQXDO UHSRUW
FOR THE FINANCIAL YEAR ENDED31DECEMBER 2015
6XPPDU\ RI VLJQLƭFDQW DFFRXQWLQJ SROLFLHV FRQWoG
2.13
,QWDQJLEOH DVVHWV RWKHU WKDQ JRRGZLOO
,QWDQJLEOH DVVHWV DFTXLUHG VHSDUDWHO\ DUH PHDVXUHG LQLWLDOO\ DW FRVW 7KH FRVW RI LQWDQJLEOH DVVHWV DFTXLUHG LQ
D EXVLQHVV FRPELQDWLRQ LV WKH IDLU YDOXH DV DW WKH GDWH RI DFTXLVLWLRQ 7KH XVHIXO OLYHV RI LQWDQJLEOH DVVHWV DUH
DVVHVVHG DV HLWKHU ƭQLWH RU LQGHƭQLWH ,QWDQJLEOH DVVHWV ZLWK ƭQLWH OLYHV DUH DPRUWLVHG RYHU WKH XVHIXO HFRQRPLF
OLIH DQG DVVHVVHG IRU LPSDLUPHQW ZKHQHYHU WKHUH LV DQ LQGLFDWLRQ WKDW WKH LQWDQJLEOH DVVHW PD\ EH LPSDLUHG 7KH
DPRUWLVDWLRQ SHULRG DQG WKH DPRUWLVDWLRQ PHWKRG IRU DQ LQWDQJLEOH DVVHW ZLWK D ƭQLWH XVHIXO OLIH DUH UHYLHZHG DW
OHDVW DW HDFK \HDU HQG
7UDGHPDUN DQG OLFHQVHV
3XUFKDVHG WUDGHPDUN DQG OLFHQVHV DUH PHDVXUHG DW FRVW OHVV DQ\ LPSDLUPHQW ORVVHV DQG DUH DPRUWLVHG RQ WKH
VWUDLJKW OLQH EDVLV RYHU WKHLU HVWLPDWH XVHIXO OLYHV RI WR \HDUV
2.14 Financial assets
,QLWLDO UHFRJQLWLRQ DQG PHDVXUHPHQW
)LQDQFLDO DVVHWV ZLWKLQ WKH VFRSH RI ,$6 DUH FODVVLƭHG DV ƭQDQFLDO DVVHWV DW IDLU YDOXH WKURXJK SURƭW RU ORVV
ORDQV DQG UHFHLYDEOHV DQG DYDLODEOH IRU VDOH p$)6q ƭQDQFLDO DVVHWV RU DV GHULYDWLYHV GHVLJQDWHG DV KHGJLQJ
LQVWUXPHQWV LQ DQ HƫHFWLYH KHGJH DV DSSURSULDWH 7KH *URXS GHWHUPLQHV WKH FODVVLƭFDWLRQ RI LWV ƭQDQFLDO DVVHWV
DW LQLWLDO UHFRJQLWLRQ :KHQ ƭQDQFLDO DVVHWV DUH UHFRJQLVHG LQLWLDOO\ WKH\ DUH PHDVXUHG DW IDLU YDOXH SOXV LQ WKH
FDVH RI ƭQDQFLDO DVVHWV QRW DW IDLU YDOXH WKURXJK SURƭW RU ORVV GLUHFWO\ DWWULEXWDEOH WUDQVDFWLRQ FRVWV
$OO UHJXODU ZD\ SXUFKDVHV DQG VDOHV RI ƭQDQFLDO DVVHWV DUH UHFRJQLVHG RQ WKH WUDGH GDWH WKDW LV WKH GDWH WKDW WKH
*URXS FRPPLWV WR SXUFKDVH RU VHOO WKH DVVHW 5HJXODU ZD\ SXUFKDVHV RU VDOHV DUH SXUFKDVHV RU VDOHV RI ƭQDQFLDO
DVVHWV WKDW UHTXLUH GHOLYHU\ RI DVVHWV ZLWKLQ WKH SHULRG JHQHUDOO\ HVWDEOLVKHG E\ UHJXODWLRQ RU FRQYHQWLRQ LQ WKH
PDUNHWSODFH
6XEVHTXHQW PHDVXUHPHQW
7KH VXEVHTXHQW PHDVXUHPHQW RI ƭQDQFLDO DVVHWV GHSHQGV RQ WKHLU FODVVLƭFDWLRQ DV IROORZV
D )LQDQFLDO DVVHWV DW IDLU YDOXH WKURXJK SURƭW RU ORVV
)LQDQFLDO DVVHWV DW IDLU YDOXH WKURXJK SURƭW RU ORVV LQFOXGH ƭQDQFLDO DVVHWV KHOG IRU WUDGLQJ DQG ƭQDQFLDO
DVVHWV GHVLJQDWHG XSRQ LQLWLDO UHFRJQLWLRQ DW IDLU YDOXH WKURXJK SURƭW RU ORVV )LQDQFLDO DVVHWV DUH
FODVVLƭHG DV KHOG IRU WUDGLQJ LI WKH\ DUH DFTXLUHG IRU WKH SXUSRVH RI VDOH LQ WKH QHDU WHUP 'HULYDWLYHV
LQFOXGLQJ VHSDUDWHG HPEHGGHG GHULYDWLYHV DUH DOVR FODVVLILHG DV KHOG IRU WUDGLQJ XQOHVV WKH\ DUH
GHVLJQDWHG DV HƫHFWLYH KHGJLQJ LQVWUXPHQWV DV GHƭQHG E\ ,$6 )LQDQFLDO DVVHWV DW IDLU YDOXH WKURXJK
SURƭW RU ORVV DUH FDUULHG LQ WKH EDODQFH VKHHWV DW IDLU YDOXH ZLWK QHW FKDQJHV LQ IDLU YDOXH UHFRJQLVHG
LQ SURƭW RU ORVV 7KHVH QHW IDLU YDOXH FKDQJHV GR QRW LQFOXGH DQ\ GLYLGHQGV RU LQWHUHVW HDUQHG RQ WKHVH
ƭQDQFLDO DVVHWV ZKLFK DUH UHFRJQLVHG LQ DFFRUGDQFH ZLWK WKH SROLFLHV VHW RXW IRU LQ 1RWH DERYH
)LQDQFLDO DVVHWV GHVLJQDWHG XSRQ LQLWLDO UHFRJQLWLRQ DW IDLU YDOXH WKURXJK SURƭW RU ORVV DUH GHVLJQDWHG DW
WKH GDWH RI LQLWLDO UHFRJQLWLRQ DQG RQO\ LI WKH FULWHULD XQGHU ,$6 DUH VDWLVƭHG
