Date: 5 January 2017
ESMA32-63-213
List of decisions published in the Extracts from the EECS’s Database of Enforcement (updated January 2017)
Number
Package Number
Decision reference
Financial year-end Name of the Decision
Identification of the acquirer in a business combination
1
1
0407-01
31-Dec-05
Control of a subsidiary when the holding is passive
2
1
0407-02
31-Dec-05
Capitalisation of borrowing costs relating to a construction pending approval
3
1
0407-03
31-Dec-05
Restructuring plans
4
1
0407-04
31-Dec-05
Carrying value of a trade receivable
5
1
0407-05
30-Jun-05
Individual assessment of impairment of loans
6
1
0407-06
31-Dec-05
Individual assessment of impairment of loans
7
1
0407-07
31-Dec-05
Individual assessment of impairment of loans
8
1
0407-08
31-Dec-05
Individual assessment of impairment of loans
9
1
0407-09
31-Dec-05
Individual assessment of impairment of loans
10
1
0407-10
31-Dec-05
Accounting for biological assets
11
1
0407-11
31-Dec-05
Business combination
12
1
0407-12
30-Jun-05
Recognition of costs related to an acquisition and an issue of equity
instruments
13
1
0407-13
30-Jun-05
Forward purchases and sales of non-financial assets to be settled through
physical delivery
14
1
0407-14
31-Dec-05
Redenomination of a foreign currency loan
15
1
0407-15
31-Dec-05
Accounting treatment of a written puttable instrument on a minority interest
16
1
0407-16
31-Dec-05
Amortisation of intangible assets with finite useful lives included in
goodwill
17
2
1207-01
31-Dec-05
Excise tax on fuel
18
2
1207-02
31-Dec-05
Recognition of negative goodwill
19
2
1207-03
31-Dec-05
Deferred tax asset
20
2
1207-04
30-Jun-05
Valuation of offshore rigs at the transition date
21
2
1207-05
31-Jan-05
Use of the Fair Value option
22
2
1207-06
30-Sep-05
Segment reporting
23
2
1207-07
31-Dec-06
Method of amortising intangible assets
24
2
1207-08
31-Dec-05
Change in accounting for employee benefits
25
2
1207-09
31-Dec-06
Standard involved
IFRS 3
IAS 27
IAS 23
IAS 37
IAS 39
IAS 39
IAS 39
IAS 39
IAS 39
IAS 39
IAS 41
IFRS 3
IFRS 3, IAS 32
IAS 2, IAS 39
IAS 21
IAS 32
IFRS 1, IAS 36, IAS 38
IAS 1, IAS 2, IAS 18
IFRS 3
IAS 12
IFRS 1, IAS 36, IAS 38
IAS 39
IAS 14
IAS 38
IAS 19
Number
26
27
28
29
30
Package Number
2
2
3
3
3
Decision reference
Financial year-end
1207-10
31-Dec-05
1207-11
30-Sep-05
0508-01
31-Dec-05
0508-02
31-Dec-07
0508-03
31-Dec-06
31
32
3
3
0508-04
0508-05
31-Dec-07
31-Dec-07
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
3
3
3
3
3
3
3
3
3
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
5
5
5
0508-06
0508-07
0508-08
0508-09
0508-10
0508-11
0508-12
0508-13
0508-14
1208-01
1208-02
1208-03
1208-04
1208-05
1208-06
1208-07
1208-08
1208-09
1208-10
1208-11
1208-12
1208-13
1208-14
1208-15
0209-01
0209-02
0209-03
31-Dec-06
31-Dec-05
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-06
31-Dec-05
31-Dec-05
n/a
31-Oct-07
30-Mar-07
31-Dec-05
31-Dec-05
31-Dec-07
31-Dec-05
31-Dec-05
31-Dec-07
31-Jan-07
31-Dec-06
30-Jun-07
31-Dec-06
n/a
n/a
31-Dec-07
31-Mar-09
31-Dec-06
31-Dec-07
Name of the Decision
Identification of the acquirer in a business combination
Real estate projects
Consolidation of subsidiary
Step acquisition
Consolidation of special purpose entities
Application of the pooling of interest method in a business combination
under common control
Identification of the acquirer in a business combination
Partial reimbursement and modifications of the term of the contract of a
borrowing
Impairment of an investment
Disclosure of the effect of discontinued operations
Definition of key management personnel
Internally generated intangible assets
Allocation of the costs of an acquisition
Scope of IAS 11
Barter transaction
Half-yearly Financial Statements
Merger
Control of a subsidiary
Significant Influence
Significant Influence
Disclosure on risks in the management report
Recognition of intangible assets
Indefinite useful life
Classification of financial instruments
Classification of financial instruments
Deferred tax asset
Classification of inventories
Post Retirement Benefit
Presentation of half-yearly financial statements
Presentation of half-yearly financial statements
Presentation of comparative information in interim financial statements
Reclassification
Share based payment
Capital, Control
Standard involved
IFRS 3
IAS 11
IFRS
1, IAS 1, IAS 8, IAS
27
IFRS 3
SIC 12
IFRS 3
IFRS 3
IAS 39
IAS 28, IAS 36
IFRS 5
IAS 24
IAS 38
IFRS 3, IAS 38
IAS 11
IAS 18, SIC 31
IAS 19
IFRS 3
IAS 27
IAS 28
IAS 28
IFRS 7
IAS 38
IAS 38
IAS 32
IAS 32
IAS 12
IAS 1
IAS 19
IAS 34
IAS 34, IFRS 3
IAS 1, IAS 8, IAS 34
IAS 39
IFRS 2
IFRS 5, IAS 8
Number
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
Package Number
5
5
5
5
6
6
6
6
6
6
6
6
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
8
8
8
8
8
Decision reference
Financial year-end
0209-04
31-Dec-08
0209-05
31-Dec-08
0209-06
30-Jun-07
0209-10
30-Jun-07
0809-01
31-Dec-07
0809-02
31-Dec-07
0809-03
31-Dec-08
0809-04
31-Dec-06
0809-05
31-Dec-07
0809-06
0809-07
0809-08
1209-01
1209-02
1209-03
1209-04
1209-05
1209-06
1209-07
1209-08
1209-09
1209-10
1209-11
1209-12
1209-13
1209-14
1209-15
1209-16
1209-17
0610-01
0610-02
0610-03
0610-04
0610-05
0610-06
31-Dec-07
31-Dec-07
31-Mar-08
30-Sep-08
31-Dec-08
31-Dec-07
31-Mar-08
31-Dec-07
31-Mar-09
30-Jun-08
31-Dec-07
31-Dec-07
30-Apr-08
31-Dec-07
31-Dec-08
31-Dec-06
31-Dec-08
31-Dec-08
31-Dec-09
31-Dec-07
31-Dec-08
31-Dec-08
30-Jun-08
31-Dec-07
31-Jan-08
30-Jun-08
Name of the Decision
Control
Business Combinations, reverse acquisitions
Equity instruments
Equity instruments, preference shares
Impairment of available for sale equity instruments
Accounting policies for impairment for available for sale financial assets
Impairment of available for sale financial assets
Cash Flow Statements
Classification and valuation of written puts on minority interests
Disclosure of key management personnel compensation and related party
transactions with key management
Contingent liabilities
Disclosures regarding share capital
Restructuring of financial obligations
Classification of a loan
Presentation of financial instruments
Classification of cash and cash equivalents
Revenue recognition
Customer loyalty programme
Segmental reporting
Provisions and contingent liabilities
Correction of an error
Half-yearly consolidated cash flow statement
Related party disclosures
Provisional purchase price allocation of a business combination
Purchase price allocation of a business acquisition
Business combination under common control
Identification of the acquirer in a business combination
Identifying the acquirer in a business combination
Collective assessment for impairment of loans
Fair value of financial instruments
Disclosure of financial instruments
Classification of assets and liabilities
Impairment testing of intangible assets
Impairment of intangible assets
Intangible assets
Standard involved
IAS 27
IFRS 3
IAS 32
IAS 32
IAS 39
IAS 39
IAS 39
IAS 7
IAS 32, IAS 39
IAS 24
IAS 37
IAS 32
IAS 39
IAS 1
IFRS 7
IAS 7
IAS 18
IFRIC 13
IFRS 8
IAS 37
IAS 8
IAS 34
IAS 24
IFRS 3
IFRS 3
IAS 8
IFRS 3
IFRS 3
IAS 39
IAS 39
IFRS 7, IAS 39
IAS 1
IAS 36
IAS 36
IAS 38
Number
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
Package Number
8
8
8
8
8
8
8
9
9
9
9
9
9
9
9
9
10
10
10
10
10
10
10
10
10
11
11
11
11
11
11
11
11
11
12
12
Decision reference
Financial year-end
0610-07
31-Dec-09
0610-08
31-Dec-08
0610-09
31-Dec-08
0610-10
31-Dec-06
0610-11
31-Dec-08
0610-12
31-Dec-08
0610-13
31-Dec-08
0910-01
31-Dec-08
0910-02
30-Nov-09
0910-03
31-Dec-08
0910-04
31-Dec-08
0910-05
31-Dec-08
0910-06
31-Dec-08
0910-07
30-Sep-08
0910-08
31-Dec-08
0910-09
31-Dec-08
0111-01
31-Dec-09
0111-02
31-Dec-08
0111-03
31-Dec-09
0111-04
31-Dec-08
0111-05
30-Jun-09
0111-06
31-Dec-08
0111-07
31-Dec-08
0111-08
31-Dec-08
0111-09
31-Dec-08
0211-01
31-Dec-09
0211-02
31-Dec-09
0211-03
31-Dec-09
0211-04
31-Mar-10
0211-05
31-Dec-10
0211-06
31-Dec-10
0211-07
31-Dec-09
0211-08
31-Dec-09
0211-09
31-Dec-08
0112-01
31-Dec-09
0112-02
31-Dec-10
Name of the Decision
Revenue recognition
Impairment of trade receivables
Disclosure of financial instruments - liquidity risk
Earnings per share
Related party disclosures
Presentation of the income statement
Impairment of assets
Classification of financial liabilities
Financial instruments – Hedge accounting
Revenue recognition
Revenue recognition
Impairment of non-financial assets
Consolidation
Share-based payment
Financial instruments - disclosure
Impairment of non-financial assets disclosure
Classification of financial liabilities
Classification of financial liabilities
Classification of financial liabilities
Government grants
Presentation of financial instruments
Income Tax
Classification in the cash flow statement
Intangible assets
Share-based payment
Determination of fair value less costs to sell
Classification of subsidiary held for sale
Impairment of financial assets
Aggregation of operating segments
Distribution of non-cash assets to shareholders
Investment properties
Disclosure on financial instruments
Presentation of fair value changes in the Profit and Loss account
Financial instruments - Disclosure
Capitalisation of intangible assets
Control over a subsidiary
Standard involved
IAS 18
IAS 39
IFRS 7
IAS 33
IAS 24
IAS 1
IAS 36
IAS 5
IAS 39
IAS 18
IAS 38
IAS 36
IAS 27
IFRS 2
IFRS 7
IAS 36
IAS 1
IAS 1
IAS 1
IAS 18, IAS 20
IAS 32, IAS 39
IAS 1, IAS 8, IAS 12
IAS 7, IAS 21
IAS 38
IFRS 2
IFRS 5
IFRS 5
IAS 39
IFRS 8
IAS 39
IAS 40
IFRS 7, IAS 1
IAS 1
IFRS 7
IAS 38
IAS 27
Number
Package Number
131
12
132
12
133
12
134
12
135
12
136
12
137
12
Decision reference
Financial year-end
0112-03
31-Dec-10
0112-04
31-Dec-09
0112-05
31-Dec-10
0112-06
31-Dec-08
0112-07
31-Dec-08
0112-08
31-Dec-10
0111-09
31-Dec-10
138
139
13
13
0113-01
0113-02
31-Dec-10
31-Dec-11
140
141
142
143
144
145
146
147
148
149
150
151
13
13
13
13
13
13
13
13
14
14
14
14
0113-03
0113-04
0113-05
0113-06
0113-07
0113-08
0113-09
0113-10
0213-01
0213-02
0213-03
0213-04
31-Dec-10
31-Dec-11
31-Dec-11
31-Mar-11
31-Dec-10
31-Dec-09
31-Dec-09
31-Dec-09
31-Dec-11
31-Dec-11
31-Dec-12
30-Apr-12
152
153
154
155
156
157
158
159
160
161
162
163
14
14
14
14
14
14
14
14
15
15
15
15
0213-05
0213-06
0213-07
0213-08
0213-09
0213-10
0213-11
0213-12
0114-01
0114-02
0114-03
0114-04
31-Dec-11
31-Dec-11
31-Dec-11
31-Dec-11
31-Dec-11
31-Dec-11
31-Dec-11
31-Dec-11
31-Dec-12
31-Dec-11
31-Dec-11
31-Dec-11
Name of the Decision
Fair value of investment property: Disclosure
Revenue recognition
Identification of chief operating decision maker and one operating segment
Impairment of Assets: Discount rate used in determining value in use
Reasonable changes in estimates
Impairment testing of goodwill
Disclosure of cash-generating units
Recognition of financial expense on financial liabilities measured at
amortised cost
Intangible assets with indefinite useful life
Presentation of revenue and expenses related to service concession
arrangements
Value in use calculation
Assessment of materiality of an error
Related party disclosures in interim financial statements
Definition of a business
Disclosures related to fair value of financial instruments
Discount rate in value in use calculation
Residual value of property
Derecognition of financial assets and liabilities
Classification of financial assets as loans and receivables
Hedge accounting for an embedded floor in a loan portfolio
Nature and extent of risks arising from financial instruments
Cash flow classification of amounts paid to vary the notional amount of a
commodity contract
Presentation of cost of inventories in cost of goods sold
Scope of consolidation
Identification of intangible assets in a business combination
Contingent payments to acquire a non-controlling interest
Deferred tax asset arising from tax losses carried forward
Segment disclosures – Information about geographical areas
Disclosure of new standards that have been issued but are not yet effective
Classification of Consideration Contingent on Continuing Employment
Allocation of Goodwill on Sale of an Operation
Sale of single licences presented as discontinued operations
Identification of a CGU
Standard involved
IAS 40, IAS 1
IAS 18
IFRS 8
IAS 36
IAS 36
IAS 36
IAS 36
IAS 39
IAS 38
IFRIC 12
IAS 36
IAS 8, IAS 40
IAS 24, IAS 34
IFRS 3
IFRS 7, IAS 39
IAS 36
IAS 16
IAS 39
IAS 39
IAS 39
IFRS 7
IAS 7
IAS 1
IAS 27
IFRS 3, IAS 38
IAS 32
IAS 12
IFRS 8
IAS 8
IFRS 3
IAS 36
IFRS 5
IAS 36
Number
Package Number
164
15
Decision reference
Financial year-end
0114-05
31-Dec-11
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
15
15
15
15
15
16
16
16
16
16
16
16
16
16
16
16
0114-06
0114-07
0114-08
0114-09
0114-10
0214-01
0214-02
0214-03
0214-04
0214-05
0214-06
0214-07
0214-08
0214-09
0214-10
0214-11
31-Dec-13
31-Dec-10
31-Dec-11
31-Dec-12
31-Dec-12
31-Dec-12
31-Dec-12
31-Dec-12
31-Dec-11
31-Dec-12
31-Dec-12
31-Dec-13
31-Dec-11
31-Dec-12
31-Dec-12
31-Dec-11
181
17
0115-01
30-Jun-13
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
17
17
17
17
17
17
18
18
18
18
18
18
18
18
18
0115-02
0115-03
0115-04
0115-05
0115-06
0115-07
0215-01
0215-02
0215-03
0215-04
0215-05
0215-06
0215-07
0215-08
0215-09
31-Dec-13
31-Dec-13
31-Dec-12
31-Dec-13
31-Dec-12
31-Dec-11
31-Dec-14
30-Jun-14
31-Dec-13
30-Sep-14
31-Dec-13
31-Dec-13
31-Dec-13
31-Dec-13
31-Dec-13
Name of the Decision
Determination of the fair value of land
Change of Presentation of the Share in the Profit or Loss of Associates and
Joint Ventures Accounted for Using the Equity Method
Cost of listing
Conditions for hedge accounting
Hedging of the Presentation Currency
Minimum funding requirements
Disclosure of forborne loans
Fair value of consideration paid in shares
Recognition of a liability payable to equity holders
Presentation of statement of cash flows
Presentation of discontinued operations
Presentation of non-current assets held for sale
Deferred tax assets upon disposal of a subsidiary
Accounting for the effects of specific tax regime
Key assumptions used in the impairment test of goodwill
Disclosures related to capitalised costs
Disclosure of major customers
Extinguishment of debt
Impairment charge for a decline in the fair value of available for sale
financial assets
Measurement of financial instruments at fair value
Fair value measurement in business combination
Presentation of financial statements
Accounting for claims in construction contracts
Impairment testing
Presentation of licensed activities as discontinued operations
Disclosures in interim financial statements
Disclosures on post-employment benefit plans
Going Concern disclosures
Control of an entity without holding any equity interest
De facto control
Impairment of goodwill
Fair value measurement for fixed-rate loans
Carrying amounts of a cash-generating unit to be tested for impairment
Standard involved
IAS 40
IAS 1, IAS 8, IFRS 11
IAS 32
IAS 39
IAS 39, IFRIC 16
IAS 19, IFRIC 14
IAS 1, IAS 39, IFRS 7
IFRS 3, IFRS 13
IAS 32
IAS 7, IAS 16
IFRS 5
IFRS 5
IAS 12, IFRS 5
IAS 12, IAS 16
IAS 36
IAS 38, IFRS 6
IFRS 8
IAS 27, IAS 39, IFRS 10,
IFRIC 19
IAS 39
IFRS 13
IFRS 3, IFRS 13
IAS 1, IAS 28
IAS 11
IAS 36, IFRS 6
IFRS 5
IAS 34
IAS 19
IAS 34, IAS 1
IFRS 10
IFRS 10
IAS 36
IFRS 13
IAS 36
Number
197
Package Number
18
Decision reference
Financial year-end
0215-10
31-Dec-13
Name of the Decision
Standard involved
Presentation and disclosure of discontinued operations in separate financial
statements
IFRS 5, IAS 27
199
19
0116-02
31-Dec-14
200
201
202
203
204
19
19
19
19
19
0116-03
0116-04
0116-05
0116-06
0116-07
31-Dec-15
31-Dec-12
31-Dec-14
31-Dec-15
31-Dec-15
205
19
0116-08
31-Dec-13
206
19
0116-09
31-Dec-14
207
19
0116-10
31-Dec-14
208
19
0116-11
31-Dec-14
209
210
19
20
0116-12
0216-01
30-Jun-15
31-Dec-15
211
212
213
20
20
20
0216-02
0216-03
0216-04
31-Dec-14
31-Dec-14
31-Dec-14
214
20
0216-05
31-Dec-14
215
216
217
218
219
220
221
20
20
20
20
20
20
20
0216-06
0216-07
0216-08
0216-09
0216-10
0216-11
0216-12
30-Jun-15
31-Dec-14
31-Dec-14
31-Dec-14
31-Dec-12
31-Dec-12
31-Dec-12
Name of the Decision
Inflation-related index derivative embedded in a host lease contract
Classification of a separate vehicle as joint operation based on ‘other facts
and circumstances’
Selection of the appropriate exchange rate when multiple exchange rates are
available
Presentation of gains arising from the sale of an intangible asset
Identification of unobservable inputs
Reverse acquisition of a listed shell company
Disclosure of the amounts of significant categories of revenue
Determination of whether a dealer network acquired in a business
combination is an intangible asset with indefinite useful life
Exchange of a business for an interest in a subsidiary and subsequent
distribution of the acquired subsidiary to owners
The determination of the maximum economic benefits available from a
pension plan and the measurement of the defined benefit asset
Measurement of a deferred tax liability relating to biological assets when
income tax rates are changing over the assets’ useful lives
Accounting for contributions to a deposit guarantee fund in the interim
financial report
Qualitative disclosures of the risks arising from financial instruments
Disclosure of significant judgements and assumptions in determining the
existence of significant influence
Disclosures relating to determination of value in use
Recognition of losses on loans upon conversion to shares
Presentation of equal and opposite gains and losses in the statement of profit
or loss and other comprehensive income for the period
Reclassification of capitalised milestone payments by a pharmaceutical
company to the statement of profit or loss
Legal requirements that prevent a shareholder from exercising its rights
Determining whether an entity is an investment entity
Depreciation of vessels in the oil and gas industry
Application of value in use methodology in impairment testing
Recognition of onerous contract provisions
Identification of cash-generating units
222
20
0216-13
31-Dec-15
Purchase of a car fleet with an agreed buy-back agreement
Number
Package Number
198
19
Decision reference
Financial year-end
0116-01
31-Dec-14
Standard involved
IAS 39
IFRS 11
IAS 21
IAS 38
IFRS 13
IFRS 2, IFRS 3, IAS 8
IFRS 8, IAS 18
IAS 38
IFRS 3, IFRIC 17
IAS 19, IFRIC 14
IAS 12, IAS 41
IFRIC 21
IFRS 7
IFRS 12
IAS 36
IAS 39
IAS 1
IAS 8, IAS 38
IFRS 10
IFRS 10
IAS 16
IAS 8, IAS 36
IAS 36, IAS 37
IAS 36
IAS 8, IAS 17, IAS 32,
IFRIC 4
Number
Package Number
223
20
Decision reference
Financial year-end
0216-14
31-Dec-14
Name of the Decision
Recognition of deferred tax assets for unused tax losses
Standard involved
IAS 12