BC5 In August 2005 the Board issued an Amendment to IAS 1 - Capital Disclosures. The amendment added to IAS 1 requirements for disclosure of:
(a) the entity’s objectives, policies and processes for managing capital.
(b) quantitative data about what the entity regards as capital.
(c) whether the entity has complied with any capital requirements; and if it has not complied, the consequences of such non‑compliance.
BC6 The following sections summarise the Board’s considerations in reaching its conclusions as part of its amendment to IAS 1 in 2005:
(a) disclosures about capital (paragraphs BC85-BC89)
(b) objectives, policies and processes for managing capital (paragraphs BC90 and BC91)
(c) externally imposed capital requirements (paragraphs BC92-BC97)
(d) internal capital targets (paragraphs BC98-BC100).