Financial Instruments: Disclosures This version includes amendments resulting from IFRSs issued up to 17 January 2008. IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions was issued by the International Accounting Standards Committee in August 1990. In April 2001 the International Accounting Standards Board (IASB) resolved that all Standards and Interpretations issued under previous Constitutions continued to be applicable unless and until they were amended or withdrawn. In August 2005 the IASB issued IFRS 7 Financial Instruments: Disclosures, which replaced IAS 30. IFRS 7 and its accompanying documents have been amended by the following IFRSs: • •. | IFRS 7 International Financial Reporting Standard 7 Financial Instruments Disclosures This version includes amendments resulting from IFRSs issued up to 17 January 2008. IAS 30 Disclosures in the Financial Statements of Banks and Similar Financial Institutions was issued by the International Accounting Standards Committee in August 1990. In April 2001 the International Accounting Standards Board IASB resolved that all Standards and Interpretations issued under previous Constitutions continued to be applicable unless and until they were amended or withdrawn. In August 2005 the IASB issued IFRS 7 Financial Instruments Disclosures which replaced IAS 30. IFRS 7 and its accompanying documents have been amended by the following IFRSs Amendments to IAS 39 and IFRS 4 Financial Guarantee Contracts issued August 2005 IAS 1 Presentation of Financial Statements as revised in September 2007 IFRS 3 Business Combinations as revised in January 2008 . The following Interpretation refers to IFRS 7 IFRIC 12 Service Concession Arrangements issued November 2006 and subsequently amended . IASCF 747 IFRS 7 Contents paragraphs INTRODUCTION IN1-IN8 INTERNATIONAL FINANCIAL REPORTING STANDARD 7 FINANCIAL INSTRUMENTS DISCLOSURES OBJECTIVE 1-2 SCOPE 3-5 CLASSES OF FINANCIAL INSTRUMENTS AND LEVEL OF DISCLOSURE 6 SIGNIFICANCE OF FINANCIAL INSTRUMENTS FOR FINANCIAL POSITION AND PERFORMANCE 7-30 Statement of financial position 8-19 Categories of financial assets and financial liabilities 8 Financial assets or financial liabilities at fair value through profit or loss 9-11 Reclassification 12 Derecognition 13 Collateral 14-15 Allowance account for credit losses 16 Compound financial instruments with multiple embedded derivatives 17 Defaults and breaches 18-19 Statement of comprehensive income 20 Items of income expense gains or losses 20 Other disclosures 21-26 Accounting policies 21 Hedge accounting 22-24 Fair value 25-30 NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS 31-42 .
