Commission Regulation (EU) No 313/2013 of 4 April 2013 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards Consolidated Financial Statements, Joint Arrangements and Disclosure of Interest in Other Entities: Transition Guidance (Amendments to International Financial Reporting Standards 10, 11, and 12) (Text with EEA relevance) (revoked)

EU Regulation No 313/2013 · Adopted 4 April 2013 · Extends to United Kingdom

Contents

1. 1Article 1 Repealed
2. 2Article 2 Repealed
3. 3Article 3 Repealed
4. Signature
5. Annex: INTERNATIONAL ACCOUNTING STANDARDS Repealed
6. Division Repealed
7. Consolidated Financial Statements, Joint Arrangeme(Amendments to IFRS 10, IFRS 11 and IFRS 12) Repealed
8. Amendments to IFRS 10 Consolidated Financial Statements Repealed
9. C1ADivision C1A Repealed
10. C2Division C2 Repealed
11. C2ADivision C2A Repealed
12. C2BDivision C2B Repealed
13. C3At the date of initial application, an entity is not required to make adjustments to the previous accounting for its involvement with either: Repealed
14. C4If, at the date of initial application, an investor concludes that it shall consolidate an investee that was not consolidated in accordance with IAS 27 and SIC-12, the investor shall: Repealed
15. C4AIf measuring an investee’s assets, liabilities and non-controlling interests in accordance with paragraph C4(a) or (b) is impracticable (as defined in IAS 8), an investor shall: Repealed
16. C4BDivision C4B Repealed
17. C4CWhen an investor applies paragraphs C4–C4A and the date that control was obtained in accordance with this IFRS is later than the effective date of IAS 27 as revised in 2008 (IAS 27 (2008)), an investor shall apply the requirements of this IFRS for all periods that the investee is retrospectively consolidated in accordance with paragraphs C4–C4A. If control was obtained before the effective date of IAS 27 (2008), an investor shall apply either: Repealed
18. C5If, at the date of initial application, an investor concludes that it will no longer consolidate an investee that was consolidated in accordance with IAS 27 and SIC-12, the investor shall measure its interest in the investee at the amount at which it would have been measured if the requirements of this IFRS had been effective when the investor became involved with (but did not obtain control in accordance with this IFRS), or lost control of, the investee. The investor shall adjust retrospectively the annual period immediately preceding the date of initial application. When the date that the investor became involved with (but did not obtain control in accordance with this IFRS), or lost control of, the investee is earlier than the beginning of the immediately preceding period, the investor shall recognise, as an adjustment to equity at the beginning of the immediately preceding period, any difference between: Repealed
19. C5AIf measuring the interest in the investee in accordance with paragraph C5 is impracticable (as defined in IAS 8), an investor shall apply the requirements of this IFRS at the beginning of the earliest period for which application of paragraph C5 is practicable, which may be the current period. The investor shall adjust retrospectively the annual period immediately preceding the date of initial application, unless the beginning of the earliest period for which application of this paragraph is practicable is the current period. When the date that the investor became involved with (but did not obtain control in accordance with this IFRS), or lost control of, the investee is earlier than the beginning of the immediately preceding period, the investor shall recognise, as an adjustment to equity at the beginning of the immediately preceding period, any difference between: Repealed
20. C6Paragraphs 23, 25, B94 and B96–B99 were amendments to IAS 27 made in 2008 that were carried forward into IFRS 10. Except when an entity applies paragraph C3, or is required to apply paragraphs C4–C5A, the entity shall apply the requirements in those paragraphs as follows: Repealed
21. References to the ‘immediately preceding period’ Repealed
22. C6ADivision C6A Repealed
23. C6BDivision C6B Repealed
24. Amendments to IFRS 11 Joint Arrangements Repealed
25. C1ADivision C1A Repealed
26. Transition Repealed
27. C1BDivision C1B Repealed
28. Joint ventures—transition from proportionate consolidation to the equity method Repealed
29. C2Division C2 Repealed
30. C3Division C3 Repealed
31. C4Division C4 Repealed
32. C5Division C5 Repealed
33. C6Division C6 Repealed
34. Joint operations—transition from the equity method to accounting for assets and liabilities Repealed
35. C7Division C7 Repealed
36. C8Division C8 Repealed
37. C9Any difference arising from the investment previously accounted for using the equity method together with any other items that formed part of the entity’s net investment in the arrangement in accordance with paragraph 38 of IAS 28 (as amended in 2011), and the net amount of the assets and liabilities, including any goodwill, recognised shall be: Repealed
38. C10Division C10 Repealed
39. C11Division C11 Repealed
40. Transition provisions in an entity’s separate financial statements Repealed
41. C12An entity that, in accordance with paragraph 10 of IAS 27, was previously accounting in its separate financial statements for its interest in a joint operation as an investment at cost or in accordance with IFRS 9 shall: Repealed
42. References to the ‘immediately preceding period’ Repealed
43. C12ADivision C12A Repealed
44. C12BDivision C12B Repealed
45. Amendments to IFRS 11 Joint ArrangementsConsequential amendment to IFRS 1 First-time Adoption of International Financial Reporting Standards Repealed
46. IFRS 1 First-time Adoption of International Financial Reporting Standards Repealed
47. 39SDivision 39S Repealed
48. Joint arrangements Repealed
49. D31A first-time adopter may apply the transition provisions in IFRS 11 with the following exceptions: Repealed
50. Amendments to IFRS 12 Disclosure of Interests in Other Entities Repealed
51. C1ADivision C1A Repealed
52. C2Division C2 Repealed
53. C2ADivision C2A Repealed
54. C2BDivision C2B Repealed