BC77 The main changes from the IFRIC's proposals are as follows:
(a) The proposals were published in three separate draft Interpretations, D12 Service Concession Arrangements - Determining the Accounting Model, D13 Service Concession Arrangements - The Financial Asset Model and D14 Service Concession Arrangements - The Intangible Asset Model. In finalising IFRIC 12, the IFRIC combined the three draft Interpretations.
(b) By contrast with IFRIC 12 the draft Interpretations did not explain the reasons for the scope limitations and the reasons for the control approach adopted by the IFRIC in paragraph 5. The IFRIC added Information Note 2 to IFRIC 12 to provide references to standards that apply to arrangements outside the scope of the Interpretation.
(c) The scope of the proposals did not include 'whole of life infrastructure' (ie infrastructure used in a public‑to‑private service arrangement for its entire useful life). IFRIC 12 includes 'whole of life infrastructure' within its sco
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