Reconciliation of liabilities arising from financing activities

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  BANK_LOANS_EUR_AND_USD

• Opening balance (statement of financial position)

  Number

  2,400,000

• Reported closing balance (statement of financial position)

  Number

  2,736,000

• New drawdowns received in cash

  Number

  800,000

• Repayments paid (bank statements)

  Number

  500,000

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

  36,000

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  500,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  2,736,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Liability arising from financing activities

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesPass

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  CONVERTIBLE_BONDS

• Opening balance (statement of financial position)

  Number

  600,000

• Reported closing balance (statement of financial position)

  Number

  0

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

  600,000

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Liability arising from financing activities

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  LEASE_LIABILITIES_VEHICLES_AND_WAREHOUSES

• Opening balance (statement of financial position)

  Number

  950,000

• Reported closing balance (statement of financial position)

  Number

  1,105,000

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

• Lease payments of the period (total)

  Number

  310,000

• Interest portion of the lease payments (schedule)

  Number

  45,000

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

  420,000

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  265,000

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  265,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  1,105,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Liability arising from financing activities

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  ACCRUED_INTEREST_PAYABLE_ON_BANK_LOANS

• Opening balance (statement of financial position)

  Number

  20,000

• Reported closing balance (statement of financial position)

  Number

  25,000

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

  105,000

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

  110,000

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  105,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  25,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Liability arising from financing activities

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesPass

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  AMOUNT_OWED_TO_A_SUPPLIER_OF_EQUIPMENT

• Opening balance (statement of financial position)

  Number

• Reported closing balance (statement of financial position)

  Number

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Out of scope (operating or investing liability, component of cash)

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  BANK_LOANS_EUR_AND_USD

• Opening balance (statement of financial position)

  Number

  4,000,000

• Reported closing balance (statement of financial position)

  Number

  6,450,000

• New drawdowns received in cash

  Number

  3,000,000

• Repayments paid (bank statements)

  Number

  1,200,000

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

  600,000

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

  50,000

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  1,200,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  6,450,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Liability arising from financing activities

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesPass

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  LEASE_LIABILITIES_STORES_AND_VEHICLES

• Opening balance (statement of financial position)

  Number

  1,250,000

• Reported closing balance (statement of financial position)

  Number

  1,300,000

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

• Lease payments of the period (total)

  Number

  520,000

• Interest portion of the lease payments (schedule)

  Number

  70,000

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

  500,000

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  450,000

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  450,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  1,300,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Liability arising from financing activities

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  ACCRUED_INTEREST_PAYABLE_ON_BANK_LOANS

• Opening balance (statement of financial position)

  Number

  40,000

• Reported closing balance (statement of financial position)

  Number

  55,000

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

  175,000

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

  190,000

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  175,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  55,000

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Liability arising from financing activities

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesPass

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  OVERDRAFT_INCLUDED_IN_CASH

• Opening balance (statement of financial position)

  Number

• Reported closing balance (statement of financial position)

  Number

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Out of scope (operating or investing liability, component of cash)

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Class of liabilities examined, contracts and line item in the statement of financial position

  TextRequired

  PROGRAMME_PAYABLES_IN_TRADE_PAYABLES

• Opening balance (statement of financial position)

  Number

• Reported closing balance (statement of financial position)

  Number

• New drawdowns received in cash

  Number

• Repayments paid (bank statements)

  Number

• Lease payments of the period (total)

  Number

• Interest portion of the lease payments (schedule)

  Number

  Case datum (IFRS 16 schedule, frozen reference): outside para. 34B, the interest element is a financing cash flow like the principal element (para. 34A(a) and 17); the schedule separates the two elements for the disclosure of interest paid.

• Liabilities assumed with subsidiaries acquired

  Number

• Liabilities derecognised with subsidiaries disposed of

  Number

• Exchange differences increasing the liability

  Number

• Exchange differences decreasing the liability

  Number

• Fair value increases

  Number

• Fair value decreases

  Number

• New lease liabilities (leases entered into in the period)

  Number

• Debt converted into equity

  Number

• Other non-cash increases (interest added to the debt…)

  Number

• Evidence obtained and referenced (category, document reference)

  EvidenceRequired

IAS 7 §17IAS 7 §43IAS 7 §44IAS 7 §44AIAS 7 §44C

• Points reviewed

  ChecklistRequired

  • Past or future cash flows of the class classified in financing
  • Financial assets whose cash flows are financing (hedges of financing liabilities)
  • Information enabling users to evaluate changes, whether cash or non-cash
  • Non-cash transactions excluded from the statement and disclosed elsewhere
  • Dividends payable and interest payable: liabilities arising from financing activities as soon as their cash flows are classified as financing (dividends paid; interest paid outside para. 34B)

IAS 7 §17IAS 7 §44BIAS 7 §44D

• Principal portion of the lease payments (financing cash flow)

  Calculation

  0

  Lease payments of the period (total) ; − Interest portion of the lease payments (schedule)

• Repayments derived from the balances (check)

  Calculation

  0

  Opening balance (statement of financial position) ; New drawdowns received in cash ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; − Reported closing balance (statement of financial position)

• Closing balance rebuilt

  Calculation

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

• Difference: reported − rebuilt balance

  Calculation

  Opening balance (statement of financial position) ; New drawdowns received in cash ; − Repayments paid (bank statements) ; − Principal portion of the lease payments (financing cash flow) ; Liabilities assumed with subsidiaries acquired ; − Liabilities derecognised with subsidiaries disposed of ; Exchange differences increasing the liability ; − Exchange differences decreasing the liability ; Fair value increases ; − Fair value decreases ; New lease liabilities (leases entered into in the period) ; − Debt converted into equity ; Other non-cash increases (interest added to the debt…) ; Reported closing balance (statement of financial position)

  Check: a non-zero difference points to a change left out (often a non-cash change) or a wrong balance.

IAS 7 §44C

• Is the class within the reconciliation?

  JudgmentRequired

  Out of scope (operating or investing liability, component of cash)

  Liability arising from financing activities / Financial asset whose cash flows are financing / Out of scope (operating or investing liability, component of cash)

  Professional judgement: an overdraft forming part of cash or trade payables are outside the reconciliation; a hedging asset of a financing liability is in it, as are dividends and interest payable whose cash flows are classified as financing (para. 44C).

• Rationale: facts relied on, analysis, alternative rejected

  TextRequired

IAS 7 §44BIAS 7 §44DIAS 7 §44EIAS 7 §43

• Items of the note

  ChecklistRequired

  • Changes from financing cash flows
  • Changes from obtaining or losing control
  • Effect of changes in foreign exchange rates
  • Changes in fair values
  • Other changes (new leases, conversions…)
  • Links to the line items of the statement of financial position and of cash flows
  • Separate presentation if combined with other assets and liabilities (net debt)

• Draft note (reconciliation table and comments)

  Text

• Paragraphs cited in this workpaper (verification status shown from the register)

  References

• Qualification documentedPass
• Repayments per bank statements = repayments derived from balancesNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0