Awards supplied by a third party A retailer of electrical goods participates in a customer loyalty programme operated by an…
Convertible bond deductible if settled An entity issues a convertible bond for €1 million. After three years, the holders can…
Rationale for initial recognition exception An entity acquires an asset for €1,000 which it intends to use for five years…
Non-deductible PP& An entity paying tax at 35% acquires a building for €1 million. Any accounting depreciation of the building…
Inception of loan with tax-deductible issue costs A borrowing entity paying tax at 30% records a loan at £9.5 million,…
Inception of loan with non-deductible issue costs A borrowing entity paying tax at 30% records a loan at £9.5 million,…
Purchase of PP& subject to tax-free government grant An entity acquires an item of PP& for €1 million subject to…
Impairment of non-deductible goodwill Goodwill of £10 million (not tax-deductible) arose on a business combination in 2006. In accordance with…
Depreciation of non-deductible PP& During the year ended 31 March 2014 an entity acquires an item of PP& for €1…
HSBC Holdings plc (2011) Notes on the Financial Statements [extract] 2 Summary of significant accounting policies [extract] (b) Non-interest income…