DES GB2015 Englisch

IFRS 13 Fair Value Measurement The amendments give concrete form to the scope of the exception port- folios in IFRS 13.52. The exception applies to all contracts recognised under IAS 39 or IFRS 9, irrespective of whether they can be defined as a financial asset or a financial liability as set out in IAS 32. IAS 40 Property held as a financial investment Concrete form is given to the differentiation set out in IFRS 3 and IAS 40. If the transaction meets the conditions for being defined as a business combination under IFRS 3 and includes an investment property, both IFRS 3 and IAS 40 (independently of each other) apply to it (IAS 40.14A). It follows from this that the acquisition of an investment property can meet the not only the conditions for being an acquisition of a single as- set (or group) but also for being a business combination under IFRS 3. IFRIC 21 – Levies Publication: 20 May 2013 Required to be applied to financial years beginning on or after 17 June 2014. (since 13 June 2014) IFRIC 21 contains guidelines on when a debt in connection with a levy imposed by a government is to be reported. The interpretation applies not only to levies recognised under IAS 37 (Provisions and Contingent Receivables and Liabilities) but also to those where the amount and timing are known. IFRIC 6 remains in force, with IFRIC 21 taken into account. IFRSs incorporated into EU law and published up to the reporting date, the application of which will not be mandatory until later reporting periods Where a standard or an amendment is not yet applicable or not yet required to be applied, is not applied and no use has been made of any option to apply it early, the expected effect of its future application is to be disclosed. According to IAS 8.30 Accounting Policies and Valua- tion Methods, Changes in Accounting Estimates and Errors, a company shall then state: a. the fact; and b. information known or to be regarded as to some degree relia- ble that is relevant to the assessment of the potential effects of an application of the new IFRS to the company’s financial state- ments in the period in which it is first applied. c. Taking Paragraph 30 into account, a company shall consider stating: d. the title of the new IFRS; e. the nature of the forthcoming changes to accounting methods; f. the moment in time after which the application of the IFRS is required; g. the moment in time after which it is intended that the IFRS be first applied; and either (i) discussing the expected effects of this IFRS being applied for the first time on the company’s financial statements; or, (ii) if these effects are unknown or cannot be reliably estimat- ed, giving an explanation with this content. 150 Deutsche EuroShop AG Annual Report 2015 CONSOLIDATED FINANCIAL STATEMENTS

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