This publication provides certain illustrative disclosures on the impact of COVID-19 in the financial statements in Appendix 2. As a general approach, these illustrative financial statements do not early adopt standards, amendments or interpretations before their effective date. Please refer to your advisors for specific advice. This edition contains the illustrative consolidated financial statements of Good Petroleum (International) Limited and subsidiaries for the year ended 31 December 2019. The consolidated illustrative financial statements are prepared in accordance with IFRS in issue at 30 September 2019 and effective for annual periods beginning 1 January 2019. Related content. 4 Investment property - 2018 Illustrative IFRS consolidated financial statements Private Equity Funds - 2019 Illustrative IFRS financial statements IFRS 9 for banks - Illustrative disclosures Will your digital investment strategy go from virtual to reality? This publication provides an illustrative set of consolidated financial statements, for a fictitious listed company, VALUE HKFRS Limited. Accordingly, the model financial statements do not illustrate the impact of the application of new and revised IFRS Standards that are not yet mandatorily effective on 1 January 2019. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. The consolidated illustrative financial statements are prepared in accordance with IFRS in issue at 30 September 2019 and effective for annual periods beginning 1 January 2019. This publication provides certain illustrative disclosures on the impact of COVID-19 in the financial statements in Appendix 2. 2 . A guide for companies listed on the Main Board of The Stock Exchange of Hong Kong Limited, which are required to prepare their annual financial reports. ... from our illustrative financial statements, entities should customise the disclosures to reflect their own Opinion of the directors In the opinion of the directors, (a)CA Sch 12(1)(a) the financial statements of the Company are drawn up so as to give a true and fair view of the financial position of the Company as at 31 December 2019 and the financial Please refer to your advisors for specific advice. Review our cookie policy for more information. the expected financial statements impact on the amendments to accounting standards. The standards applied in these illustrative financial statements are those that were in issue as at 30 June 2019 and effective for annual periods beginning on or after 1 January 2019. The consolidated illustrative financial statements are prepared in accordance with IFRS in issue at 30 September 2019 and effective for annual periods beginning 1 January 2019. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. You may withdraw your consent to cookies at any time once you have entered the website through a link in the privacy policy, which you can find at the bottom of each page on the website. PwC – UK GAAP (FRS 102) illustrative financial statements for 2019 year ends 1 Preface This publication provides illustrative financial statements for the year ended 31 December 2019. Singapore Illustrative Financial Statements Year ended 31 December 2019 2 Improved disclosures As preparers apply SFRS(I) 16 in their 2019 annual financial statements for the first time, they should embrace the opportunity to think through how best to explain … Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. remember settings), Performance cookies to measure the website's performance and improve your experience, Advertising/Targeting cookies, which are set by third parties with whom we execute advertising campaigns and allow us to provide you with advertisements relevant to you,  Social media cookies, which allow you to share the content on this website on social media like Facebook and Twitter. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. The standards applied in these illustrative financial statements are those that were in issue as at 30 June 2019 and effective for annual periods beginning on or after 1 January 2019. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. … Statement of financial position 1p54, 60, 113 As at 31 December Note 2019 2018 Assets 1p66 Current assets 1p54(d), IFRS7p8(a) Financial assets at fair value through profit or loss 6, 9 106,460 93,242 IFRS9p3.2.23 Financial assets at fair value through profit or loss pledged as collateral 6, 9 15,268 – IFRS7p8 Due from brokers 2,356 984 1p54(h), IFRS7p8 Other receivables 497 448 ... of illustrative financial statements is intended as an illustrative guide rather than a definitive statement, and should be used in conjunction with the relevant industry, statutory and stock Review our cookie policy for more information. For more information about our organization, please visit ey.com. For the year ended 31 December 2019. Priti Paras Savla Mumbai Chairperson, WIRC of ICAI Foreword. Important notices: This publication is intended as an illustrative guide rather than a definitive statement. © 2020 EYGM Limited. This edition contains the illustrative consolidated financial statements of Good Petroleum (International) Limited and subsidiaries for the year ended 31 December 2019. This edition contains the illustrative consolidated financial statements of Good Mining (International) Limited and subsidiaries for the year ended 31 December 2019. In particular, they reflect the adoption of IFRS 16 'Leases' which is effective for annual accounting periods beginning on or after 1 January 2019. This publication presents illustrative consolidated financial statements for a fictitious listed company, VALUE IFRS Plc. The standards applied in these illustrative financial statements are those that were in issue as at 30 June 2019 and effective for annual periods beginning on or after 1 January 2019. The International GAAP Holdings Limited model financial statements however, do not illustrate all the presentation and This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. 2019. Illustrative Financial Statements 2014. This set of illustrative financial statements is one of many prepared by EY to assist you in preparing your own financial statements. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. All Rights Reserved. Ltd. (the Company) for the financial year ended 31 December 2019. and 1 January 2019 respectively) to assist readers in understanding the financial position impacted by the adoption of HKFRS 16. 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