Chapter 14 - Financial Asset at Fair Value

CHAPTER 14 – FINANCIAL ASSETS @ FAIR VALUE FINANCIAL ASSETS @ FAIR VALUE (ONLY INCLUDES DEBT & EQUITY SECURITIES) SECURITIES) •

Financial Assets held fo tadin! (Trading (Trading S!"ri#i

%$•

Ie"oca#le Ie"oca#le desi!nated on initial eco!nition eco!nition as at fai "al$e #r'"g r')# 'r *'$$

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QU+TED e%$it& inst$'ents

FINANCIAL ASSETS @ FAIR VALUE THR+U,H PR+FIT +R L+SS o

INITIAL -EASURE-ENT – FAIR VALUE +NLY +NLY (DISRE,ARD TRANSACTI+N C+STS%

o

SUBSEQUENT -EASURE-ENT – FAIR VALUE @ YEAR END Incease D Trading S!"ri#i$ C U C Un nra*i/d ,ain – TS

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Decease D Unra*i/d L'$$ – TS C Trading S!"ri#i$

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SALE *ain D Ca$ .. C Trading S!"ri#i$ C ,ain 'n $a* '0 Trading S!"ri#i$

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Loss D Ca$ .. D L'$$ 'n $a* '0 Trading S!"ri#i$ C Trading S!"ri#i$

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N+TE 12 Unra*i/d Unra*i/d ,ain3L'$$ ,ain3L'$$ ae +at of Pr')# 'r L'$$ 2 Tran$a!#i'n ran$a!#i'n C'$#$ ae E.PENSED +UTRI,HT 52  The acco$nt acco$nt is not necessail& necessail& Trading S!"ri#i$, S!"ri#i$, it 'a& #e !eneali-ed as Finan!ia* A$$# a# Fair Va*"

FINANCIAL ASSETS @ FAIR VALUE In6$#7n# in E8"i#9 S!"ri#i$ N+T *d 0'r #rading #$t IRREV+CABLY ELECTED T+ PRESENT CHAN,ES IN FAIR VALUE IN +THER C+-PREHENSIVE INC+-E

FINANCIAL ASSETS @ FAIR VALUE THR+U,H +THER C+-PREHENSIVE INC+-E o

INITIAL -EASURE-ENT – FAIR VALUE : TRANSACTI+N C+STS

o

SUBSEQUENT -EASURE-ENT – FAIR VALUE @ YEAR END Incease D In6$#7n# in E8"i#9 S!"ri#i$ .. C Unra*i/d ,ain – +CI

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Decease D Unra*i/d L'$$ – +CI .. C In6$#7n# in E8"i#9 S!"ri #i$

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CU-ULATIVE UNREALI;ED ,AIN3L+SS ORI*INAL COST . CURRENT /AR0ET VALUE OF SECURITIES 1 CU-ULATIVE UNREALI;ED ,AIN3L+SS SALE *ain D Ca$ .. C In6$#7n# in E8"i#9 S!"ri #i$ C ,ain 'n $a* '0 S!"ri#i$

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D Ca$ .. D L'$$ 'n $a* '0 S!"ri#i$ .. C In6$#7n# in E8"i#9 S!"ri #i$

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Loss

UNREALI;ED ,AIN3L+SS '0 S+LD SECURITIES Uneali-ed *ain D Unra*i/d ,ain C R#aind Earning$

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Uneali-ed Loss D R#aind Earning$ C Unra*i/d L'$$

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N+TE 12 AL2AYS TRANSFER RELATED UNREALI;ED ,AIN3L+SS to RETAINED EARNIN*S AFTER SALE

RECLASSIFICATI+N R!*a$$i)!a#i'n Da# is the 3st da& of the e+otin! +eiod follo4in! the chan!e in #$siness 'odel So, if the chan!e in #$siness 'odel occ$ in 5675, the r!*a$$i)!a#i'n da# is