Non current assets held for sale balance sheet

Market Value Balance Sheet and Analysis Michael Langemeier, Associate Director, Center for Commercial Agriculture This article is one of a series of financial management articles that examine financial statements and financial analysis. In this article, the components of market value balance sheet and liquidity and

The “short-term” nature depends on actual maturity of one year from the balance sheet date rather than on the original maturity of a specific investment. When a company reports its assets without segregation between current and non-current, all investments are classified as Long-Term Investments - Other. 24.93 41.35 31.80 6.5. Other non-current assets 6.6. Deferred tax assets and liabilities 6.7. Operating working capital 6.8. Other receivables 6.9. Other current assets 6.10. Assets classified as held for sale and liabilities associated with those assets 6.11. Ordinary shares, treasury shares, subscription rights and share options 6.12. Retained earnings and ...

BALANCE SHEET Page 2 1 5 0 0 0 0 0 Non-Current Assets 1 5 0 1 0 0 0 Available-for-Sale Investments – Non-Current Portion 1 5 0 1 1 0 0 Available-for-Sale Investments - Non-Current Portion-with Ready Market IN1 Hong Kong Financial Reporting Standard 5 Non-current Assets Held for Sale and Discontinued Operations (HKFRS 5) sets out requirements for the classification, measurement and presentation of non-current assets held for sale and replaces SSAP 33 Discontinuing Operations. They are considered to be noncurrent assets because they provide value to a company but cannot be readily converted to cash within a year. Long-term investments, such as bonds and notes, are considered noncurrent assets because a company usually holds these assets on its balance sheet for more than one fiscal year.

Classification of Non-current Assets (or Disposal Groups) as Held for Sale 6 – 12 Non-current assets that are to be abandoned 13 – 14 Measurement of Non-current Assets (or Disposal Groups) Classified as Held for Sale Measurement of a non-current asset (or disposal group) 15 – 19 Recognition of impairment losses and reversals 20 – 25 In this article, Steve Collings looks at how an entity should account for non-current assets which have been classified as held for sale. The objective of IFRS 5 is to specify how assets that both qualify for, and are treated as, ‘held for sale’ should be presented and disclosed within a set of financial statements. Classification of non-current assets (or disposal groups) as held for sale or as held for distribution to owners. 6 An entity shall classify a non-current asset (or disposal group) as held for sale if its carrying amount will be recovered principally through a sale transaction rather than through continuing use. Market Value Balance Sheet and Analysis Michael Langemeier, Associate Director, Center for Commercial Agriculture This article is one of a series of financial management articles that examine financial statements and financial analysis. In this article, the components of market value balance sheet and liquidity and In this article, Steve Collings looks at how an entity should account for non-current assets which have been classified as held for sale. The objective of IFRS 5 is to specify how assets that both qualify for, and are treated as, ‘held for sale’ should be presented and disclosed within a set of financial statements. What is a noncurrent asset? Definition of Noncurrent Asset. A noncurrent asset is an asset that is not expected to turn to cash within one year of date shown on a company's balance sheet. (This assumes that the company has an operating cycle of less than one year.) A noncurrent asset is also known as a long-term asset.