120
LIPPO MALLS INDONESIA RETAIL TRUST ANNUAL REPORT 2014
35. FUTURE CHANGES IN FINANCIAL REPORTING STANDARDS
The following new or revised Singapore Financial Reporting Standards that have been issued will be effective in future.
The transfer to the new or revised standards from the effective dates is not expected to result in material adjustments
to the financial position, results of operations, or cash flows for the following year.
FRS No.
Title
Effective date
for periods
beginning on
or after
FRS 19
Amendments to FRS 19: Defined Benefit Plans: Employee Contributions (*)
1 July 2014
Various
Improvements to FRSs (Issued in January 2014).
1 July 2014
Relating to
FRS 102, Share-based Payment
FRS 103, Business Combinations
FRS 108, Operating Segments
FRS 113, Fair Value Measurement
FRS 16, Property, Plant and Equipment
FRS 24, Related Party Disclosures
FRS 38, Intangible Assets
Various
Improvements to FRSs (Issued in February 2014).
1 July 2014
Relating to
FRS 103, Business Combinations
FRS 113, Fair Value Measurement
FRS 40, Investment Property
FRS 27
Amendments to FRS 27: Equity Method in Separate Financial Statements 1 January 2016
FRS 16, FRS 38
Amendments to FRS 16 and FRS 38: Clarification of Acceptable Methods
1 January 2016
of Depreciation and Amortisation
FRS 16, FRS 41
Amendments to FRS 16 and FRS 41: Agriculture: Bearer Plants
1 January 2016
FRS 110, FRS 28
Amendments to FRS 110 and FRS 28: Sale or Contribution of Assets
1 January 2016
between an Investor and its Associate or Joint Venture
FRS 110, FRS 112, Amendments to FRS 110, FRS 112 and FRS 28: Investment Entities:
1 January 2016
FRS 28
Applying the Consolidation Exception
FRS 111
Amendments to FRS 111: Accounting for Acquisitions of Interests
1 January 2016
in Joint Operations
FRS 114
Regulatory Deferral Accounts (*)
1 January 2016
Various
Improvements to FRSs (November 2014)
1 January 2016
FRS 115
Revenue from Contracts with Customers
1 January 2017
FRS 109
Financial Instruments
1 January 2018
(*)
Not relevant to the entity.
Notes to the Financial Statements
(Cont’d)
31 December 2014
