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An insurance contract that is not a reinsurance contract . …

A contractual right to receive, as a supplement to guaranteed benefits , additional benefits: (a)             that are likely to be a significant portion of the total contractual benefits; (b)             whose amount or timing is contractually at the …

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. (See AASB 13 …

The following terms are used in this Standard with the meanings specified: …

Ordinary shares participate in profit for the period only after other types of shares such as preference shares have participated. An entity may have more than one class of ordinary shares. Ordinary shares of the same class have the same rights to receive …

Examples of potential ordinary shares are: (a) financial liabilities or equity instruments, including preference shares, that are convertible into ordinary shares; (b) options and warrants; (c) shares that would be issued upon the satisfaction of …

Terms defined in AASB 132 Financial Instruments: Presentation are used in this Standard with the meanings specified in paragraph 11 of AASB 132, unless otherwise noted. AASB 132 defines financial instrument, financial asset, financial liability and equity …

An arrangement of which two or more parties have joint control . …

The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing …

A joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets, and obligations for the liabilities, relating to the …