IFRS 7 definition

IFRS 7 means International Financial Reporting Standard 7 (Financial Instruments: Disclosures), as in force at 31 December 2019 and as applied by the Issuer in connection with the preparation of its annual audited financial statements for the financial year ended 31 December 2019.”
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IFRS 7 means IFRS 7 Financial Instruments: Disclosures;
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Examples of IFRS 7 in a sentence

  • In accordance with IFRS 7 interest rate risks are presented by means of sensitivity analyses.

  • As of the Cut-off Date, (i) no Obligor has breached any obligation binding on it in accordance with the terms and conditions of any of the Securities and (ii) no event of default has occurred with respect to any of the Securities (as defined in the relevant terms and conditions of the Securities) except such defaults or breaches that are the result of circumstances or events that constitute a credit risk within the meaning of IFRS 7, appendix A.

  • Effective January 1, 2012, Global adopted the following accounting pronouncement, IFRS 7, Financial Instruments: Disclosures.

  • In October 2010, the IASB amended IFRS 7, Financial Instruments: Disclosures (“IFRS 7”).

  • The following Standards and Interpretations were required to be applied by Sovello for the first time in 2008: Amendments to IAS 39 and IFRS 7 Reclassification of Financial Instruments IFRIC 11 IFRS 2 — Group and Treasury Share Transactions IFRIC 14 IAS 19 — The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction.

  • In the case of original financial instruments with variable interest rates which are not designated as hedged items within a cash flow hedging relationship, changes in market interest rates affect profit or loss and are therefore to be included in the interest rate sensitivity analysis (cash flow risk) under IFRS 7.

  • The following standards and Interpretations were required to be applied by Sovello for the first time in 2009: Amendments to IAS 1 (2007) Presentation of financial statements: A revised presentation Amendments to IAS 23 Borrowing costs Amendments to IFRS 7 Improving disclosures about financial instruments Various standards Improvements to IFRSs (May 2008).

  • In the case of original financial instruments with variable interest rates which are not designated as hedged items within a cash flow hedging relationship, changes in market interest rates do affect profit or loss and are therefore to be included in the interest rate sensitivity analysis (cash flow risk) under IFRS 7.

  • The information set forth on the Description of Securities is true and correct in all material respects as of the Cut-off Date or such other date as may be indicated in such description and none of the Securities are defective so as to result in payments under the Securities not being made when due and payable as a result of circumstances or events that would not constitute a credit risk within the meaning of IFRS 7, Appendix A.

  • The amount of any in-kind distribution shall be distributed on the basis of the property's then Fair Market Value (determined in accordance with Section 8.9 hereof).