Issuance of SB-FRS 110 and Improvements to SB-FRSs 2012, Amendments to SB-FRS 110, SB-FRS 111 and SB-FRS 112, and Change in Mandatory Effective Date of SB-FRS 110, SB-FRS 111, SB-FRS 112, SB-FRS 27, and SB-FRS 28

More time is allowed for the implementation of SB-FRS 110 Consolidated Financial Statements, SB-FRS 111 Joint Arrangements, SB-FRS 112 Disclosure of Interests in Other Entities, SB-FRS 27 Separate Financial Statements and SB-FRS 28 Investments in Associates and Joint Ventures (collectively the Relevant Standards). The mandatory effective date of the Relevant Standards has been revised from annual periods beginning on or after 1 January 2013 to annual periods beginning on or after 1 January 2014. Earlier application of these standards continues to be permitted, subject to the requirements of earlier application as set out in these standards.

SB-FRS 110 Consolidated Financial Statements is issued effective for annual periods beginning on or after 1 January 2014.

Consolidated Financial Statements, Joint Arrangements and Disclosure of Interests in Other Entities: Transition Guidance (Amendments to SB-FRS 110, SB-FRS 111 and SB-FRS 112) is issued effective for annual periods beginning on or after 1 January 2014.

Improvements to SB-FRSs 2012 is issued effective for annual periods beginning on or after 1 January 2013.