Final_pir_xbrl_ifrs 14 Regulatory Deferral Accounts_website A

Proposed Interim Release XBRL/2014/4

April 2014

Comments to be received by 2 May 2014

IFRS® Taxonomy 2014IFRS 14 Regulatory Deferral Accounts

Proposed Interim Release

IFRS Taxonomy 2014—IFRS 14 RegulatoryDeferral Accounts

Comments to be received by 2 May 2014

Proposed Interim Release XBRL/2014/4 IFRS Taxonomy 2014—IFRS 14 Regulatory DeferralAccounts is published by the IFRS Foundation for comment only. Comments are to be

received by 2 May 2014 and should be submitted in writing to the address below or

electronically via our website www.ifrs.org using the ‘Comment on a proposal’ page.

All responses will be put on the public record and posted on our website unless the

respondent requests confidentiality. Requests for confidentiality will not normally be

granted unless supported by good reason, such as commercial confidence.

Disclaimer: the IASB, the IFRS Foundation, the authors and the publishers do not accept

responsibility for any loss caused by acting or refraining from acting in reliance on the

material in this publication, whether such loss is caused by negligence or otherwise.

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CONTENTS

page

INTRODUCTION 5

Overview of the amendments 5

Introduction 5

Documentation labels 5

XBRL properties 6

Taxonomy version 6

Next steps 6

Invitation to comment 7

Introduction 7

Questions for respondents 7

Deadline 8

How to comment 8

Document overview 9

Purpose of this section 9

Disclaimer 9

Document formatting 9

IFRS Taxonomy presentation groups 9

Key to tables 10

PRESENTATION OF REGULATORY DEFERRAL ACCOUNTS 13

New presentation group and text blocks 13

Description 13

Details 13

Statement of Financial Position 14

Description—new line items 14

Details 14

Statement of Profit or Loss and Other Comprehensive Income 15


Details 16

Earnings per share 18


Details 18

DISCLOSURE OF DETAILED INFORMATION ABOUT RATE REGULATION ANDREGULATORY DEFERRAL ACCOUNT BALANCES 20

Introduction 20

Disclosure of information about activities subject to rate regulation 20

Description—new table 20

Details 21

Disclosure of information about amounts recognised in relation to regulatorydeferral account balances 23

Description—new table 23

Details 24

IFRS TAXONOMY 2014—IFRS 14 REGULATORY DEFERRAL ACCOUNTS

� IFRS Foundation3

Other disclosures about rate regulation 28


Details 28

PROPOSED INTERIM RELEASE—APRIL 2014

� IFRS Foundation 4

Introduction

Overview of the amendments

Introduction1 This Proposed Interim Release incorporates the proposed amendments to the

IFRS Taxonomy 2014 as a result of IFRS 14 Regulatory Deferral Accounts, issued in

January 2014. The scope of IFRS 14 is limited to first-time adopters that

recognised regulatory deferral account balances in their financial statements in

accordance with their previous GAAP. IFRS 14 requires:

(a) entities to present regulatory deferral account balances as separate line

items in the statement of financial position and to present movements in

those account balances as separate line items in the statement of profit

or loss and other comprehensive income; and

(b) specific disclosures to identify the nature of, and risks associated with,

the rate regulation that has resulted in the recognition of regulatory

deferral account balances.

2 The proposed changes to the IFRS Taxonomy are:

IFRS 14 Overview of change

Presentation of regulatory deferral

accounts

Addition of a new IFRS Taxonomy

presentation group.

Addition of new text blocks.

Addition of new line items for the

primary financial statements.

Disclosures to identify the nature of,

and risks associated with, the rate

regulation as well as disclosures

relating to the effect of rate

regulation on the entity’s financial

position, financial performance and

cash flows

Addition of two new tables.

Addition of axes, members and new

line items.

Documentation labels3 The IFRS Taxonomy 2014 introduced documentation labels (also called

definitions) for the items in the IFRS Taxonomy. These documentation labels are

designed to provide additional transparency and clarity to users of the IFRS

Taxonomy.



4 Documentation labels have not been included within this document, but are

available as an additional (but not mandatory) linkbase. They are also available

as a separate Microsoft Excel® spreadsheet included with the IFRS Taxonomy

files.

XBRL properties5 This document does not provide the full list of XBRL properties for the line items

and members listed. If you require further information on the XBRL properties

applied to an element or table, please see the IFRS Taxonomy files and associated

documentation.

Taxonomy version6 The IFRS Taxonomy files for this release are based on those from the IFRS

Taxonomy 2014.

Next steps7 We will analyse the comments received on this Proposed Interim Release, make

any necessary amendments and then release a final set of IFRS Taxonomy files.

Each Final Interim Release comprises a full set of taxonomy files.



Invitation to comment

Introduction8 The IASB staff invite comments on these amendments to the IFRS Taxonomy

2014, particularly on the questions set out below. Comments are most helpful if

they:

(a) comment on the questions as stated;

(b) indicate the specific IFRS Taxonomy item, table or group of items to

which they relate;

(c) contain a clear rationale; and

(d) include any alternative the IASB staff should consider, if applicable.

9 Comments on the IFRS Taxonomy as a whole are also welcome, but the IASB staff

reserve the right to include any IFRS Taxonomy amendments, as a result of such

comments received, only in a subsequent release.

Questions for respondents

Question 1—New presentation group

The IFRS Taxonomy includes a new presentation group ([824500] Regulatory

deferral accounts) that contains all elements relating to IFRS 14. Do you

agree that this is the best option or would you prefer for all or some

elements to appear within the existing presentation groups? Please indicate

why.

Question 2—Completeness of presentation and disclosure requirements

Do the proposed IFRS Taxonomy changes adequately reflect all presentation

and disclosure requirements that are set out in IFRS 14 and the

accompanying Illustrative Examples?

If not, what changes would you make and why?

Question 3—Appropriate level of detail

Are all presentation and disclosure requirements from IFRS 14 reflected with

the appropriate level of detail?

If not, please specify which IFRS Taxonomy elements, including line items,

members and text blocks, you recommend to add, merge or delete and why.



Question 4—Appropriate use of XBRL dimensional data model

When being represented in XBRL, disclosures can be modelled using either a

dimensional (ie a table) or flat structure.

(a) Do you agree that we have used tables appropriately to represent

specific disclosure requirements?

(b) Do the tables have the appropriate scope—are there any that should

be combined or split?

(c) Do tables use the appropriate number of axes, members and line

items?

Question 5—Appropriate use of element labels

Do the labels of elements faithfully represent the meaning of the IFRS

Taxonomy elements?

If not, please specify what changes you would make.

Question 6—Appropriate use of documentation labels

Do the documentation labels of elements faithfully define the IFRS

Taxonomy elements?

If not, please specify what changes you would make.

Deadline10 All comments must be received by the IASB on or before 2 May 2014.

How to comment11 Comments should be submitted using one of the following methods. However,

we would prefer to receive your comments electronically.

Electronically

(our preferred method)

Visit the ‘Comment on a proposal page’ which can befound at: go.ifrs.org/comment

Email Email comments can be sent to:[email protected]

Postal IFRS Foundation30 Cannon StreetLondon, EC4M 6XHUnited Kingdom



Document overview

Purpose of this section12 The purpose of this section is to describe how this document has been put

together and what some of the component parts mean.

Disclaimer13 The IFRS Taxonomy data model for some disclosures uses a dimensional or

multiple axis structure. A number of dimensions or properties are defined

which can be applied to provide the context for a reported figure. Such data

models are visualised using a table within this document. It does not imply that

entities need to structure such disclosures in a tabular format in their financial

statements unless specifically required by IFRSs. Line items and dimensions can

be applied to any disclosure format used by an entity.

14 The examples given do not provide any interpretation on the correct use of

combinations of line items, axes and members from an accounting or financial

reporting perspective. They are illustrative only.

Document formatting15 The information on the updates to the IFRS Taxonomy has been presented in a

standard format and you will find all or most of the following items within each

update section.

Document item Description

Description A description of why the change or amendment hasbeen made and how it has been implemented intothe IFRS Taxonomy.

Details A complete list of the IFRS Taxonomy updatesrelevant to this section and example. Full XBRLproperties can be found in the IFRS Taxonomy filesand associated documentation.

Indents are used to show where an element is adisaggregated component of another element.

Example A simplified view of how the changes areimplemented into the IFRS Taxonomy.

Notes Any further information, notes or disclaimers arecovered within this item.

IFRS Taxonomy presentation groups

Description

16 The IFRS Taxonomy contains a large number of elements. A presentation

hierarchy is available as supporting material to facilitate the ease of viewing and

navigation by users of the IFRS Taxonomy.



17 Within this hierarchy, all components of the IFRS Taxonomy have been grouped

in two ways—organised either by IFRSs or according to financial statements.

Within the IFRS Taxonomy, presentation groups are allocated a label and a

six-digit code to assist with presentation order and referring to groups.

Example

Presentation grouping number and label

[110000] General information about fi nancial statements

Explanation of change in name of reporting entity or other means of

identifi cation from end of preceding reporting period

Disclosure of general information about fi nancial statements [text block]

Name of reporting entity or other means of identifi cation

Elements of the IFRS Taxonomy that belong to the

presentation group [110000]—General information

about fi nancial statements

Key to tables18 The following provides a description and key to the components within the

standard lists and diagrams in this document.



Line items

Description of forecast transactions for which hedge accounting had been used in previous period but which are no longer expected to occur ([existing item])

Line items for disclosure of risk management strategy related to hedge accounting ET ER Reference

Explanation of risk management strategy related to hedge accounting TB D IFRS 7.22A

Description of hedging instruments used to hedge risk exposures and how they are used DT IFRS 7.22B (a)

Existing item label (italics)

Indented label indicating taxonomy

relationship

Name of table

Reference type (disclosure, example)

Element type

Actual reference

New line item label

Please note: the diagram above includes sample data to show how to interpret tableswithin this document.

Key

Element Types (ET) Element References (ER)

Notation Definition Notation Definition

M Monetary D Disclosure

T Text CP Common Practice

TB Text block E Example

DEC Decimal

PER Percentage

PS Per share

NA Not applicable

ES Entity specific



Example

V

Maturity (A)

Types of risk (A) andHedging instruments (A)

Line items for disclosure of information about terms and conditions of hedging instruments and how they affect future cash fl ows N

ot

late

r th

an

one y

ear

(M)

Late

r th

an

one y

ear

(M)

Aggre

gate

(DM

)

Nominal amount of hedging instruments

Oil price risk (ESM) andForward contract (M)

Line item label Applied axis members

Reported values

Axis name

V V

Please note: the diagram above includes sample data to show how to interpret the dia-grams.

Key

Axis and Members Reported Value Types

Notation Definition Notation Definition

A Axis T Text

M Member V(t) Value (total)

DM Default Member VBP Value atbeginning ofperiod

ESM Entity specificmember

VEP Value at end ofperiod

NA Not applicable



Presentation of regulatory deferral accounts

New presentation group and text blocks

Description19 The scope of IFRS 14 is limited to first-time adopters that recognise regulatory

deferral account balances in their financial statements in accordance with their

previous GAAP.

20 The Standard resulted in new elements being added to the IFRS Taxonomy. The

IFRS Taxonomy team considered adding some of these new elements to existing

presentation groups, but decided that creation of a new presentation group for

all IFRS 14 elements is preferable. Taking into account the specific applicability

of IFRS 14, the separation will enable users of the Standard to easily find all

required elements and at the same time will not confuse other entities.

21 Within this new presentation group, new text blocks have been added.

Details

Presentation group

Presentation group label Presentation group number

Regulatory deferral accounts [824500]

New text blocks within this presentation group

22 Within the IFRS Taxonomy, all tables have an associated text block item. Text

blocks may also be used for disclosures in which formatted text content

(including HTML formatting) may be used. The following are the additional text

blocks added to the IFRS Taxonomy as a result of IFRS 14.

Element label ET ER Reference

Disclosure of regulatory deferral accounts [textblock]

TB D IFRS 14Presentation,IFRS 14Disclosure

Disclosure of information about activitiessubject to rate regulation [text block]

TB D IFRS 14Explanation ofactivities subjectto rate regulation

Disclosure of information about amountsrecognised in relation to regulatory deferralaccount balances [text block]

TB D IFRS 14Explanation ofrecognisedamounts



Statement of Financial Position

Description—new line items23 Paragraphs 20, 21, 24 and 25 of IFRS 14 specify the new line items to be

presented for regulatory deferral account balances within the statement of

financial position. To reflect these requirements, new line items have been

added to the newly created IFRS Taxonomy presentation group under a

taxonomy heading ‘Statement of financial position’.

24 Because paragraph 21 of the Standard states that an entity ‘shall not classify the

totals of regulatory deferral account balances as current or non-current’, there

are no separate line items for current/non-current breakdown.

Details

Line items


Assets and regulatory deferral account debitbalances

M D IFRS 14.21

Regulatory deferral account debit balancesand related deferred tax asset

M D IFRS 14.24,IFRS 14.B11(a)

Regulatory deferral account debitbalances

M D IFRS 14.20(a),IFRS 14.33(a),IFRS 14.35

Regulatory deferral account debitbalances directly related to disposalgroup

M D IFRS 14.25

Other regulatory deferral accountdebit balances

M E IFRS 14.IE5

Deferred tax asset associated withregulatory deferral account balances

M D IFRS 14.24,IFRS 14.B11(b)

Equity, liabilities and regulatory deferralaccount credit balances

M D IFRS 14.21

continued...



...continued


Regulatory deferral account credit balancesand related deferred tax liability


Regulatory deferral account creditbalances

M D IFRS 14.20(b),IFRS 14.33(a),IFRS 14.35

Regulatory deferral account creditbalances directly related to disposalgroup

M D IFRS 14.25

Other regulatory deferral accountcredit balances

M E IFRS 14.IE5

Deferred tax liability associated withregulatory deferral account balances


Statement of Profit or Loss and Other Comprehensive Income

Description—new line items25 Paragraphs 22, 23, 24 and 25 of IFRS 14 specify the new line items to be

presented in the statement of profit or loss and other comprehensive income

relating to regulatory deferral accounts. To reflect these requirements, new line

items have been added to the newly created IFRS Taxonomy presentation group

under a taxonomy heading ‘Statement of profit or loss and other comprehensive

income’.



Details

Line items


Profit (loss), including net movement inregulatory deferral account balances related toprofit or loss and net movement in relateddeferred tax

M D IFRS 14.23

Profit (loss), including net movement inregulatory deferral account balances related toprofit or loss and net movement in relateddeferred tax, attributable to owners of parent

M E IFRS 14.IE1

Profit (loss), including net movement inregulatory deferral account balances related toprofit or loss and net movement in relateddeferred tax, attributable to non-controllinginterests

M E IFRS 14.IE1

Net movement in regulatory deferral accountbalances related to profit or loss and netmovement in related deferred tax


Net movement in regulatory deferralaccount balances related to profit or loss

M D IFRS 14.23,IFRS 14.35

Net movement in regulatory deferralaccount balances related to profit orloss directly associated with disposalgroup or discontinued operation

M D IFRS 14.25

Net movement in other regulatorydeferral account balances related toprofit or loss

M CP IFRS 14.IE5

Net movement in deferred tax arising fromregulatory deferral account balancesrelated to profit or loss


continued...



...continued


Other comprehensive income, net of tax, netmovement in regulatory deferral accountbalances related to items that will not bereclassified to profit or loss

M D IFRS 14.22(a),IFRS 14.35

Other comprehensive income, before tax, netmovement in regulatory deferral accountbalances related to items that will not bereclassified to profit or loss

M D IFRS 14.22(a)

Income tax relating to net movement inregulatory deferral account balances related toitems that will not be reclassified to profit orloss

M D IFRS 14.22(a)

Other comprehensive income, net of tax, netmovement in regulatory deferral accountbalances related to items that will bereclassified to profit or loss

M D IFRS 14.22(b),IFRS 14.35

Gains (losses) on net movement inregulatory deferral account balancesrelated to items that will be reclassified toprofit or loss, net of tax

M D IFRS 14.22(b)

Reclassification adjustments on netmovement in regulatory deferral accountbalances, net of tax

M D IFRS 14.22(b)

Other comprehensive income, before tax, netmovement in regulatory deferral accountbalances related to items that will bereclassified to profit or loss

M D IFRS 14.22(b)

Gains (losses) on net movement inregulatory deferral account balancesrelated to items that will be reclassified toprofit or loss, before tax

M D IFRS 14.22(b)

Reclassification adjustments on netmovement in regulatory deferral accountbalances, before tax

M D IFRS 14.22(b)

Income tax relating to net movement inregulatory deferral account balances related toitems that will be reclassified to profit or loss

M D IFRS 14.22(b)



Earnings per share

Description—new line items26 Paragraph 26 of IFRS 14 requires an entity to present additional basic and

diluted earnings per share, which are calculated excluding the movements in

regulatory deferral account balances. To reflect this, new line items have been

added to the newly created IFRS Taxonomy presentation group under a

taxonomy heading ‘Earnings per share’.

Details

Line items


Basic earnings (loss) per share, including netmovement in regulatory deferral accountbalances and net movement in relateddeferred tax

PS D IFRS 14.26

Diluted earnings (loss) per share, including netmovement in regulatory deferral accountbalances and net movement in relateddeferred tax

PS D IFRS 14.26

Basic and diluted earnings (loss) per share,including net movement in regulatory deferralaccount balances and net movement in relateddeferred tax

PS D IFRS 14.26

Basic earnings (loss) per share fromcontinuing operations, including net movementin regulatory deferral account balances andnet movement in related deferred tax

PS D IFRS 14.26

Diluted earnings (loss) per share fromcontinuing operations, including net movementin regulatory deferral account balances andnet movement in related deferred tax

PS D IFRS 14.26

continued...



...continued


Basic and diluted earnings (loss) per sharefrom continuing operations, including netmovement in regulatory deferral accountbalances and net movement in relateddeferred tax

PS D IFRS 14.26

Basic earnings (loss) per share fromdiscontinued operations, including netmovement in regulatory deferral accountbalances and net movement in relateddeferred tax

PS D IFRS 14.26

Diluted earnings (loss) per share fromdiscontinued operations, including netmovement in regulatory deferral accountbalances and net movement in relateddeferred tax

PS D IFRS 14.26

Basic and diluted earnings (loss) per sharefrom discontinued operations, including netmovement in regulatory deferral accountbalances and net movement in relateddeferred tax

PS D IFRS 14.26



Disclosure of detailed information about rate regulation andregulatory deferral account balances

Introduction

27 Paragraphs 30 to 36 of IFRS 14 detail the disclosures that an entity needs to

provide in relation to its rate-regulated activities and regulatory deferral

accounts.

28 This has resulted in the following changes to the IFRS Taxonomy:

Change Overview of change

Disclosure of information about activitiessubject to rate regulation

New table

Disclosure of information about amountsrecognised in relation to regulatory deferralaccount balances

New table

Other disclosures about rate regulation New line items

Disclosure of information about activities subject to rateregulation

Description—new table29 Paragraphs 30 and 31 of IFRS 14 specify disclosure requirements that relate to

the explanation of activities subject to rate regulation. This has been modelled

in the IFRS Taxonomy using a table as follows:

(a) a new IFRS Taxonomy axis ‘Types of rate-regulated activities’ has been

introduced to allow entities to provide the disclosures by types of

rate-regulated activity, as required by the Standard;

(b) a new IFRS Taxonomy axis ‘Classes of regulatory deferral account

balances’ has been introduced to allow entities to provide the disclosures

by classes of regulatory deferral accounts, as required by the Standard;

and

(c) new line items have been added for the required disclosures.



Details

Line items


Description of nature and extent ofrate-regulated activity

T D IFRS 14.30(a)

Description of nature of regulatory rate-settingprocess

T D IFRS 14.30(a)

Description of identity of rate regulator(s) T D IFRS 14.30(b)

Statement that rate regulator is related party T D IFRS 14.30(b)

Explanation of how rate regulator is related T D IFRS 14.30(b)

Description of how future recovery or reversalof regulatory deferral account balances isaffected by risks and uncertainty

T D IFRS 14.30(c)

Description of cross-reference to disclosuresabout activities subject to rate regulation

T D IFRS 14.31

Axes and members

30 The following list shows the members for the ‘Types of rate-regulated activities’

axis.

Components of Types of rate-regulated activities ER Reference

Types of rate-regulated activities (A) D IFRS 14.30,IFRS 14.33

Rate-regulated activities (DM) D IFRS 14.30,IFRS 14.33

Electricity distribution (M) E IFRS 14.IE2

Gas distribution (M) E IFRS 14.IE2

Entity specific members (ESM) NA NA

31 The default member is used for the total, ie all types of rate-regulated activities.

32 The following list shows the members for the ‘Classes of regulatory deferral

account balances’ axis.



Components of Classes of regulatory deferralaccount balances

ER Reference

Classes of regulatory deferral account balances (A) D IFRS 14.30(c),IFRS 14.33

Classes of regulatory deferral account balances(DM)

D IFRS 14.30(c),IFRS 14.33

Taxation-related regulatory deferral accountbalances (M)

D IFRS 14.34

Entity specific members (ESM) NA NA

33 The default member is used for the total, ie all classes of regulatory deferral

account balances.

34 Most types of cost or income that are commonly presented in the statement of

profit or loss and other comprehensive income have been modelled in the IFRS

Taxonomy as line items. These line items cannot be used with this axis as

members—entities need to create their own extension members. Paragraph 34

of the Standard specifies one member for this axis, which has been introduced to

the IFRS Taxonomy (taxation-related regulatory deferral account balances).

Example

35 Please refer to the disclaimer within the document overview when using this

example.

Types of rate-regulated activities (A)

Classes of regulatory deferral account balances (A)

Line items for disclosure of information about activities subject to rate regulation

Wate

r dis

trib

uti

on

(ES

M)

Description of identity of rate regulator(s)

Description of how future recovery or reversal of regulatory deferral account balances is affected by risks and uncertainty

Decommissioning costs (ESM)

T T

Gas

dis

trib

uti

on

(M)

T T

36 For example, if an entity disclosed the following:

‘Our water distribution activities are regulated by ‘TBN’.’

This would be tagged with:



Line item ‘Description of identity of rate regulator(s)’ with value of ‘TBN’, used

with the entity-specific member ‘Water distribution’ on the ‘Types of

rate-regulated activities’ axis.

37 Please note that, in the example visualised in paragraph 35 above, for the

description of the identity of the rate regulator, no member on the ‘Classes of

regulatory deferral account balances’ axis has been specified. It was assumed in

the example that this disclosure relates to all classes of regulatory deferral

account balances (the default member).

Disclosure of information about amounts recognised in relationto regulatory deferral account balances

Description—new table38 Paragraphs 33 and 36 of IFRS 14 specify disclosure requirements that relate to

the explanation of amounts recognised in relation to regulatory deferral

account balances. This has been modelled in the IFRS Taxonomy using a table as

follows:

(a) a new IFRS Taxonomy axis ‘Types of rate-regulated activities’ has been

introduced to allow entities to provide the disclosures by types of

rate-regulated activity, as required by the Standard;

(b) a new IFRS Taxonomy axis ‘Classes of regulatory deferral account

balances’ has been introduced to allow entities to provide the disclosures

by classes of regulatory deferral accounts, as required by the Standard;

(c) a new IFRS Taxonomy axis ‘Regulatory deferral account balances’ has

been introduced to allow entities to provide the disclosures separately

for regulatory deferral account balances that are classified as disposal

groups and regulatory deferral account balances that are not classified as

disposal groups;

(d) an existing IFRS Taxonomy axis ‘Range’ has been used to allow entities to

specify a range, for example, for discount rates, rates of return and

recovery or reversal periods. No changes have been made to the

members available within this axis as they all may be applicable; and

(e) new line items have been added for the required disclosures.

39 Please note that there may be circumstances under which an entity may want to

use additional axes available in the IFRS Taxonomy to represent its specific

disclosure, such as for example the ‘Maturity’ axis. It is assumed that these axes

may be used, however this might depend on the specific rules of the filing

system under which the entity reports.



Details

Line items—reconciliations of regulatory deferral account balances


Increase (decrease) in regulatory deferralaccount debit balances

M D IFRS 14.33(a)

Increase (decrease) through balancesrecognised in current period in statementof financial position, regulatory deferralaccount debit balances

M E IFRS 14.33(a)(i)

Decrease through balances recovered incurrent period, regulatory deferral accountdebit balances

M E IFRS 14.33(a)(ii)

Increase (decrease) through otherchanges, regulatory deferral account debitbalances

M E IFRS 14.33(a)(iii)

Decrease through impairments,regulatory deferral account debitbalances


Increase through items acquired inbusiness combination, regulatorydeferral account debit balances


Decrease through disposals,regulatory deferral account debitbalances


Increase (decrease) through changesin foreign exchange rates, regulatorydeferral account debit balances


Increase (decrease) through changesin discount rates, regulatory deferralaccount debit balances


Increase (decrease) through transfersto disposal groups, regulatory deferralaccount debit balances

M E IFRS 14.IE5

continued...



...continued


Increase (decrease) in regulatory deferralaccount credit balances

M D IFRS 14.33(a)

Increase (decrease) through balancesrecognised in current period in statementof financial position, regulatory deferralaccount credit balances

M E IFRS 14.33(a)(i)

Decrease through balances reversed incurrent period, regulatory deferral accountcredit balances

M E IFRS 14.33(a)(ii)

Increase (decrease) through otherchanges, regulatory deferral accountcredit balances


Increase through items assumed inbusiness combination, regulatorydeferral account credit balances


Decrease through disposals,regulatory deferral account creditbalances


Increase (decrease) through changesin foreign exchange rates, regulatorydeferral account credit balances


Increase (decrease) through changesin discount rates, regulatory deferralaccount credit balances


Increase (decrease) through transfersto disposal groups, regulatory deferralaccount credit balances

M E IFRS 14.IE5

Line items—rates


Rate of return used to reflect time value ofmoney, regulatory deferral account balances

PER D IFRS 14.33(b)

Discount rate used to reflect time value ofmoney, regulatory deferral account balances

PER D IFRS 14.33(b)



Line items—recovery and reversal of regulatory deferral accountbalances


Remaining recovery period of regulatorydeferral account debit balances

DEC D IFRS 14.33(c)

Remaining reversal period of regulatorydeferral account credit balances

DEC D IFRS 14.33(c)

Statement that regulatory deferral accountbalance is no longer fully recoverable orreversible

T D IFRS 14.36

Description of reason why regulatory deferralaccount balance is no longer fully recoverableor reversible

T D IFRS 14.36

Amount by which regulatory deferral accountdebit balance has been reduced because it isno longer fully recoverable

M D IFRS 14.36

Amount by which regulatory deferral accountcredit balance has been reduced because it isno longer fully reversible

M D IFRS 14.36

Axes and members

40 The axes ‘Types of rate-regulated activities’ and ‘Classes of regulatory deferral

account balances’ are used as described in paragraphs 30–34 of this document.

41 The following shows the members for the ‘Regulatory deferral account balances’

axis.

Components of Regulatory deferral accountbalances

ER Reference

Regulatory deferral account balances (A) D IFRS 14.B22

Regulatory deferral account balances (DM) D IFRS 14.B22

Regulatory deferral account balances notclassified as disposal groups (M)

D IFRS 14.B22

Regulatory deferral account balancesclassified as disposal groups (M)

D IFRS 14.B22

42 The default member is used for the total, ie all regulatory deferral account

balances.



Example

Types of rate-regulated activities (A)

Increase (decrease) through balances recognised in current period in statement of fi nancial position, regulatory deferral account debit balances

Electricity distribution (M)

Classes of RDAB* (A)

RDAB* (A)

Const

ruct

ion

cost

s (E

SM

)

Sto

rm d

am

age

(ES

M)

Oth

er

regula

tory

bala

nce

s (E

SM

)

NDG** (M)

Decrease through balances recovered in current period, regulatory deferral account debit balances

Increase (decrease) through transfers to disposal groups, regulatory deferral account debit balances

Regulatory deferral account debit balances

Remaining recovery period of regulatory deferral account debit balances

Range (A)



5,440 2,320

80 12,060 950

(9,800)

24,080 42,550 7,640

Bottom of range (M)

Top of range (M)

4

10

4

10

4

* RDAB—Regulatory deferral account balances** NDG—Regulatory deferral account balances not classifi ed as disposal groups



Other disclosures about rate regulation

Description—new line items43 Paragraphs 32 and 34 of IFRS 14, as well as the Application Guidance to this

Standard, require additional disclosures that resulted in new line items being

added to the IFRS Taxonomy.

Details

Line items


Description of basis on which regulatorydeferral account balances are recognised andderecognised, and how they are measuredinitially and subsequently

T D IFRS 14.32

Description of impact of rate regulation oncurrent and deferred tax

T D IFRS 14.34

Increase (decrease) in current tax expense(income) due to rate regulation

M D IFRS 14.34

Increase (decrease) in deferred tax expense(income) due to rate regulation

M D IFRS 14.34

Net movement in regulatory deferral accountbalances related to profit or loss, attributableto non-controlling interests

M D IFRS 14.B25

Portion of gains (losses) recognised whencontrol of subsidiary is lost, attributable toderecognising regulatory deferral accountbalances in former subsidiary

M D IFRS 14.B28



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