{
  "url": "https://openlegislation.uk/eu-regulation-2007-1358/annex/appendix-B",
  "json_url": "https://openlegislation.uk/eu-regulation-2007-1358/annex/appendix-B.json",
  "legislation": "eur/2007/1358",
  "legislation_title": "Commission Regulation (EC) No 1358/2007 of 21 November 2007 amending Regulation (EC) No 1725/2003 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Standard (IFRS) 8 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2007-1358",
  "path": "annex/appendix/B",
  "kind": "appendix",
  "number": "B",
  "heading": "Amendments to other IFRSs",
  "text": "The amendments in this appendix shall be applied for annual periods beginning on or after 1 January 2009. If an entity applies this IFRS for an earlier period, these amendments shall be applied for that earlier period. In the amended paragraphs, new text is underlined and deleted text is struck through.\nB1\nReferences to IAS 14 Segment Reporting are amended to IFRS 8 Operating Segments in the following paragraphs:\nparagraph 20 of IAS 27 Consolidated and Separate Financial Statements\nparagraph 130(d)(i) of IAS 36 Impairment of Assets.\nB2\nIn IFRS 5 Non-current Assets Held for Sale and Discontinued Operations, paragraph 41 is amended as follows:\n‘41.\nAn entity shall disclose the following information in the notes in the period in which a non-current asset (or disposal group) has been either classified as held for sale or sold:\n…\n(d) if applicable, the reportable segment in which the non-current asset (or disposal group) is presented in accordance with IAS 14 Segment Reporting IFRS 8 Operating Segments .’\nB3\nIn IFRS 6 Exploration for and Evaluation of Mineral Resources, paragraph 21 is amended as follows:\n‘ 21.\nAn entity shall determine an accounting policy for allocating exploration and evaluation assets to cash-generating units or groups of cash-generating units for the purpose of assessing such assets for impairment. Each cash-generating unit or group of units to which an exploration and evaluation asset is allocated shall not be larger than a segment based on either the entity’s primary or secondary reporting format an operating segment determined in accordance with IAS 14 Segment Reporting IFRS 8 Operating Segments . ’\nB4\nIn IAS 2 Inventories, paragraphs 26 and 29 are amended as follows:\n‘26.\nFor example, inventories used in one business operating segment may have a use to the entity different from the same type of inventories used in another business operating segment. However, a difference in geographical location of inventories (or in the respective tax rules), by itself, is not sufficient to justify the use of different cost formulas.’\n‘29.\nInventories are usually written down to net realisable value item by item. In some circumstances, however, it may be appropriate to group similar or related items. This may be the case with items of inventory relating to the same product line that have similar purposes or end uses, are produced and marketed in the same geographical area, and cannot be practicably evaluated separately from other items in that product line. It is not appropriate to write inventories down on the basis of a classification of inventory, for example, finished goods, or all the inventories in a particular industry or geographical operating segment. Service providers generally accumulate costs in respect of each service for which a separate selling price is charged. Therefore, each such service is treated as a separate item.’\nB5\nIn IAS 7 Cash Flow Statements, paragraph 50 is amended as follows:\n‘50.\nAdditional information may be relevant to users in understanding the financial position and liquidity of an entity. Disclosure of this information, together with a commentary by management, is encouraged and may include:\n…\n(d) the amount of the cash flows arising from the operating, investing and financing activities of each reported industry and geographical reportable segment (see IAS 14 Segment Reporting IFRS 8 Operating Segments ).’\nB6\nIn IAS 19 Employee Benefits, the example illustrating paragraph 115 is amended as follows:\n‘Example illustrating paragraph 115\nAn entity discontinues a business an operating segment and employees of the discontinued segment will earn no further benefits …’\nB7\nIn IAS 33 Earnings per Share, paragraph 2 is replaced as follows:\n‘ 2.\nThis Standard shall apply to:\n(a) the separate or individual financial statements of an entity:\n(i) whose ordinary shares or potential ordinary shares are traded in a public market (a domestic or foreign stock exchange or an over-the-counter market, including local and regional markets); or\n(ii) that files, or is in the process of filing, its financial statements with a securities commission or other regulatory organisation for the purpose of issuing ordinary shares in a public market; and\n(b) the consolidated financial statements of a group with a parent:\n(i) whose ordinary shares or potential ordinary shares are traded in a public market (a domestic or foreign stock exchange or an over-the-counter market, including local and regional markets); or\n(ii) that files, or is in the process of filing, its financial statements with a securities commission or other regulatory organisation for the purpose of issuing ordinary shares in a public market. ’\nB8\nIn IAS 34 Interim Financial Reporting, paragraph 16 is amended as follows:\n‘ 16.\nAn entity shall include the following information, as a minimum, in the notes to its interim financial statements, if material and if not disclosed elsewhere in the interim financial report. The information shall normally be reported on a financial year-to-date basis. However, the entity shall also disclose any events or transactions that are material to an understanding of the current interim period:\n…\n(g) the following segment revenue and segment result for business segments or geographical segments, whichever is the entity’s primary basis of segment reporting information (disclosure of segment data information is required in an entity’s interim financial report only if IAS 14 Segment Reporting IFRS 8 Operating Segments requires that entity to disclose segment data information in its annual financial statements):\n(i) revenues from external customers, if included in the measure of segment profit or loss reviewed by the chief operating decision maker or otherwise regularly provided to the chief operating decision maker;\n(ii) intersegment revenues, if included in the measure of segment profit or loss reviewed by the chief operating decision maker or otherwise regularly provided to the chief operating decision maker;\n(iii) a measure of segment profit or loss;\n(iv) total assets for which there has been a material change from the amount disclosed in the last annual financial statements;\n(v) a description of differences from the last annual financial statements in the basis of segmentation or in the basis of measurement of segment profit or loss;\n(vi) a reconciliation of the total of the reportable segments’ measures of profit or loss to the entity’s profit or loss before tax expense (tax income) and discontinued operations. However, if an entity allocates to reportable segments items such as tax expense (tax income), the entity may reconcile the total of the segments’ measures of profit or loss to profit or loss after those items. Material reconciling items shall be separately identified and described in that reconciliation;\n…’\nB9\nIAS 36 Impairment of Assets is amended as described below.\nParagraph 80 is amended as follows:\n‘ 80.\nFor the purpose of impairment testing, goodwill acquired in a business combination shall, from the acquisition date, be allocated to each of the acquirer’s cash-generating units, or groups of cash-generating units, that is expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the acquiree are assigned to those units or groups of units. Each unit or group of units to which the goodwill is so allocated shall:\n…\n(b) not be larger than an operating segment based on either the entity’s primary or the entity’s secondary reporting format determined in accordance with IAS 14 Segment Reporting IFRS 8 Operating Segments . ’\nParagraph 129 is amended as follows:\n‘ 129.\nAn entity that reports segment information in accordance with IAS 14 Segment Reporting IFRS 8 Operating Segments shall disclose the following for each reportable segment based on an entity’s primary reporting format: ’\nIn paragraph 130, subparagraphs (c)(ii) and (d)(ii) are amended as follows:\n‘ 130.\n(c)(ii) if the entity reports segment information in accordance with IAS 14 IFRS 8, the reportable segment to which the asset belongs, based on the entity’s primary reporting format. ’\n‘ 130.\n(d)(ii) the amount of the impairment loss recognised or reversed by class of assets and, if the entity reports segment information in accordance with IAS 14 IFRS 8, by reportable segment based on the entity’s primary reporting format; and ’",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2007/1358/annex/appendix/B",
    "retrieved_at": "2026-11-01T14:52:35.604713+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}