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1. Accounting policies and presentation of annual financial statements
continued
1.25 New standards and interpretations
continued
IAS 34
Interim Financial Reporting
The amendments to IAS 34 clarify the meaning of disclosure of information elsewhere in the interim financial report and require
the inclusion of a cross-reference in the interim financial statements to the location of the information. The amendments
specify that the information must be available to users of the interim financial statements on the same terms and at the same
time as the interim financial statements.
The effective date of these amendments is for years beginning on or after 1 July 2016.
The group expects to adopt the amendments for the first time in the 2017 interim financial statements and the amendments
will be applied retrospectively, subject to transitional provisions.
The impact of the amendments has not yet been estimated.
IAS 38
Intangible Assets
The amendments present a rebuttable presumption that a revenue-based amortisation method for intangible assets is
inappropriate except in two limited circumstances. It also provides guidance on the application of the diminishing balance
method for intangible assets.
The effective date of the amendments is for years beginning on or after 1 January 2016.
The group expects to adopt the amendments for the first time in the 2017 annual financial statements and the amendments will
be applied retrospectively, subject to transitional provisions.
The amendment will have no impact on the annual financial statements.
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Hyprop Investments Limited
Integrated Report 2015