IFRIC 12: Service Concession Arrangements

	References
	Background (paras. 1-3)
	Scope (paras. 4-9)
	Issues (para. 10)
	Consensus (paras. 11-27)
	Effective date (paras. 28-28F)
	Transition (paras. 29-30)
	Appendix A Application guidance
	Appendix B Amendments to IFRS 1 and to other Interpretations
	IFRIC 12: Information Notes
	IFRIC 12: Illustrative Examples
	IFRIC 12: Basis for Conclusions
	Introduction (para. BC1)
	Background (paragraphs 1–3) (paras. BC2-BC8)
	Terminology (para. BC8)
	Scope (paragraphs 4–9) (paras. BC9-BC19)
	Treatment of the operator's rights over the infrastructure (paragraph 11) (paras. BC20-BC29)
	Recognition and measurement of arrangement consideration (paragraphs 12 and 13) (paras. BC30-BC35)
	Consideration given by the grantor to the operator (paragraphs 14–19) (paras. BC36-BC54)
	Contractual obligations to restore the infrastructure to a specified level of serviceability (paragraph 21) (paras. BC55-BC56)
	Borrowing costs (paragraph 22) (paras. BC57-BC59)
	Financial asset (paragraphs 23–25) (paras. BC60-BC62)
	Intangible asset (paragraph 26) (paras. BC63-BC68)
	Items provided to the operator by the grantor (paragraph 27) (paras. BC69-BC71)
	Transition (paragraphs 29 and 30) (paras. BC72-BC75)
	Amendments to IFRS 1 (para. BC76)
	Summary of changes from the draft Interpretations (para. BC77)

Request a trial