NDAQ » Topics » Clarification concerning future standards

This excerpt taken from the NDAQ 8-K filed Aug 1, 2008.

Clarification concerning future standards

When the consolidated financial statements were prepared as at December 31, 2006, the following standards and interpretations had been published but had not yet come into effect:

 

 

IAS 1 Amendment – Capital Disclosures (January 1, 2007)*

 

 

IFRS 7 Financial Instruments: Disclosures (January 1, 2007)*

 

 

IFRS 8 Operating Segments (January 1, 2009)*

 

 

IFRIC 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies (March 1, 2006)*

 

 

IFRIC 8 Scope of IFRS 2 (May 1, 2006)*

 

 

IFRIC 9 Reassessment of Embedded Derivatives (June 1, 2006)*

 

 

IFRIC 10 Interim Financial Reporting & Impairment (November 1, 2006)*

 

 

IFRIC 11 Group and Treasury Share Transactions (March 1, 2007)*

 

 

IFRIC 12 Service Concession Arrangements (January 1, 2008)*.

 

* Earlier application encouraged.

Of the above-listed standards and interpretations, IFRS 8, IFRIC 10, IFRIC 11 and IFRIC 12 had not been adopted by the EU at January 1, 2007. In the management’s view, none of these new standards or changes to standards is expected to have any influence on the Group’s earnings or financial position at present.

 

12


This excerpt taken from the NDAQ 8-K filed May 2, 2008.

Clarification concerning future standards

When the consolidated financial statements were prepared as at December 31, 2006, the following standards and interpretations had been published but had not yet come into effect:

 

 

IAS 1 Amendment – Capital Disclosures (January 1, 2007)*

 

 

IFRS 7 Financial Instruments: Disclosures (January 1, 2007)*

 

 

IFRS 8 Operating Segments (January 1, 2009)*

 

 

IFRIC 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies (March 1, 2006)*

 

 

IFRIC 8 Scope of IFRS 2 (May 1, 2006)*

 

 

IFRIC 9 Reassessment of Embedded Derivatives (June 1, 2006)*

 

 

IFRIC 10 Interim Financial Reporting & Impairment (November 1, 2006)*

 

 

IFRIC 11 Group and Treasury Share Transactions (March 1, 2007)*

 

 

IFRIC 12 Service Concession Arrangements (January 1, 2008)*.

 

* Earlier application encouraged.

Of the above-listed standards and interpretations, IFRS 8, IFRIC 10, IFRIC 11 and IFRIC 12 had not been adopted by the EU at January 1, 2007. In the management’s view, none of these new standards or changes to standards is expected to have any influence on the Group’s earnings or financial position at present.

 

12


This excerpt taken from the NDAQ 8-K filed Feb 20, 2008.

(Y) Clarification concerning future standards

When the consolidated financial statements were prepared as at December 31, 2006, the following standards and interpretations had been published but had not yet come into effect:

 

 

IAS 1 Amendment—Capital Disclosures (January 1, 2007);

 

 

IFRS 7 Financial Instruments: Disclosures (January 1, 2007);

 

 

IFRS 8 Operating Segments (January 1, 2009);

 

 

IFRIC 7 Applying the Restatement Approach under IAS 29 Financial Reporting in Hyperinflationary Economies (March 1, 2006);

 

 

IFRIC 8 Scope of IFRS 2 (May 1, 2006);

 

 

IFRIC 9 Reassessment of Embedded Derivatives (June 1, 2006);

 

 

IFRIC 10 Interim Financial Reporting & Impairment (November 1, 2006);

 

 

IFRIC 11 Group and Treasury Share Transactions (March 1, 2007); and

 

 

IFRIC 12 Service Concession Arrangements (January 1, 2008).

Earlier application of these standards and interpretations is encouraged.

Of the above-listed standards and interpretations, IFRS 8, IFRIC 10, IFRIC 11 and IFRIC 12 had not been adopted by the EU at January 1, 2007. In OMX’s view, none of these new standards or changes to standards is expected to have any influence on the Group’s earnings or financial position at present.

 

F-24


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki