final_pir_xbrl_ifrs 14 regulatory deferral accounts_website a
DESCRIPTION
IFRS 14TRANSCRIPT
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.
International Financial Reporting Standards (including International Accounting Standards
and SIC and IFRIC Interpretations), Exposure Drafts and other IASB and/or IFRS Foundation
publications are copyright of the IFRS Foundation.
Copyright © 2014 IFRS Foundation®
All rights reserved. Copies of the Proposed Interim Release may only be made for the
purpose of preparing comments to be submitted to the IASB provided that such copies are
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Except as permitted above no part of this publication may be translated, reprinted,
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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
Description—new line items 15
Details 16
Earnings per share 18
Description—new line items 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
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Other disclosures about rate regulation 28
Description—new line items 28
Details 28
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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.
IFRS TAXONOMY 2014—IFRS 14 REGULATORY DEFERRAL ACCOUNTS
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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.
PROPOSED INTERIM RELEASE—APRIL 2014
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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.
IFRS TAXONOMY 2014—IFRS 14 REGULATORY DEFERRAL ACCOUNTS
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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
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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.
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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.
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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
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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
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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
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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
Element label ET ER Reference
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...
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...continued
Element label ET ER Reference
Regulatory deferral account credit balancesand related deferred tax liability
M D IFRS 14.24,IFRS 14.B11(a)
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
M D IFRS 14.24,IFRS 14.B11(b)
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’.
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Details
Line items
Element label ET ER Reference
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
M D IFRS 14.24,IFRS 14.B12(a)
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
M D IFRS 14.24,IFRS 14.B12(b)
continued...
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...continued
Element label ET ER Reference
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)
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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
Element label ET ER Reference
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...
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...continued
Element label ET ER Reference
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
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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.
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Details
Line items
Element label ET ER Reference
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.
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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:
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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.
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Details
Line items—reconciliations of regulatory deferral account balances
Element label ET ER Reference
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
M E IFRS 14.33(a)(iii)
Increase through items acquired inbusiness combination, regulatorydeferral account debit balances
M E IFRS 14.33(a)(iii)
Decrease through disposals,regulatory deferral account debitbalances
M E IFRS 14.33(a)(iii)
Increase (decrease) through changesin foreign exchange rates, regulatorydeferral account debit balances
M E IFRS 14.33(a)(iii)
Increase (decrease) through changesin discount rates, regulatory deferralaccount debit balances
M E IFRS 14.33(a)(iii)
Increase (decrease) through transfersto disposal groups, regulatory deferralaccount debit balances
M E IFRS 14.IE5
continued...
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...continued
Element label ET ER Reference
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
M E IFRS 14.33(a)(iii)
Increase through items assumed inbusiness combination, regulatorydeferral account credit balances
M E IFRS 14.33(a)(iii)
Decrease through disposals,regulatory deferral account creditbalances
M E IFRS 14.33(a)(iii)
Increase (decrease) through changesin foreign exchange rates, regulatorydeferral account credit balances
M E IFRS 14.33(a)(iii)
Increase (decrease) through changesin discount rates, regulatory deferralaccount credit balances
M E IFRS 14.33(a)(iii)
Increase (decrease) through transfersto disposal groups, regulatory deferralaccount credit balances
M E IFRS 14.IE5
Line items—rates
Element label ET ER Reference
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)
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Line items—recovery and reversal of regulatory deferral accountbalances
Element label ET ER Reference
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.
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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)
Remaining recovery period of regulatory deferral account debit balances
Remaining recovery period of regulatory deferral account debit balances
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
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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
Element label ET ER Reference
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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