[et_pb_section admin_label=”Header – All Pages” global_module=”1221″ transparent_background=”off” background_color=”#1e73be” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”||0px|”][et_pb_row global_parent=”1221″ admin_label=”row”][et_pb_column type=”4_4″][et_pb_post_title global_parent=”1221″ admin_label=”Post Title” title=”on” meta=”off” author=”on” date=”on” categories=”on” comments=”on” featured_image=”off” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”left” text_color=”light” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” module_bg_color=”rgba(255,255,255,0)” title_all_caps=”off” use_border_color=”off” border_color=”#ffffff” border_style=”solid” title_font=”|on|||” title_font_size=”35″ custom_padding=”10px|||”] [/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section admin_label=”Section” global_module=”1228″ fullwidth=”off” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” custom_padding=”0px||0px|” padding_mobile=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″][et_pb_row global_parent=”1228″ admin_label=”Row” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”0px||0px|” padding_mobile=”off” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” parallax_1=”off” parallax_method_1=”off” column_padding_mobile=”on”][et_pb_column type=”4_4″][et_pb_text global_parent=”1228″ admin_label=”Text” background_layout=”light” text_orientation=”left” text_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid”] [breadcrumb] [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section admin_label=”Section” fullwidth=”off” specialty=”off”][et_pb_row admin_label=”Row”][et_pb_column type=”1_2″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”center” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

[button link=”https://ie.frs102.com/members/premium-toolkit/” type=”big” color=”red”] Return to Main Index[/button]

[/et_pb_text][/et_pb_column][et_pb_column type=”1_2″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”center” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

[button link=”https://ie.frs102.com/members/premium-toolkit/section-17/” type=”big” color=”red”] Return to Section 17 Home[/button]

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section admin_label=”Section” fullwidth=”off” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″][et_pb_row admin_label=”Row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Main Body Text” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

 

Section 17 – Property, Plant and Equipment
Ref

1.      

An entity shall disclose the following for each class of property, plant and equipment:

a)    the measurement bases used for determining the gross carrying amount;

b)    the depreciation methods used;

c)    the useful lives or the depreciation rates used;

d)    the gross carrying amount and the accumulated depreciation (aggregated with accumulated impairment losses) at the beginning and end of the reporting period;

e)    a reconciliation of the carrying amount at the beginning and end of the reporting period showing separately:

                      i.        additions;

                     ii.        disposals;

                    iii.        acquisitions through business combinations;

                    iv.        revaluations;

                     v.        transfers to or from investment property if a reliable                                 measure of fair value becomes available or                                               unavailable (see paragraph 16.8);

                    vi.        impairment losses recognised or reversed in profit                                  or loss in accordance with Section 27 Impairment of                                  Assets;

                   vii.        depreciation; and

                  viii.        other changes.

17.31

2.      

The entity shall also disclose the following:

a)    the existence and carrying amounts of property, plant and equipment to which the entity has restricted title or that is pledged as security for liabilities; and

b)    the amount of contractual commitments for the acquisition of property, plant and equipment.

17.32

3.      

If items of property, plant and equipment are stated at revalued amounts, the following shall be disclosed:

a)    the effective date of the revaluation;

b)    whether an independent valuer was involved;

c)    the methods and significant assumptions applied in estimating the items’ fair values; and

d)    for each revalued class of property, plant and equipment, the carrying amount that would have been recognised had the assets been carried under the cost model.

17.32A

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]