MUHAMAD KHADIQ

15.0102.0203

Indofood CBP Sukses Makmur Tbk

Statement of Financial Position

When an entity presents current and non- current assets and liabilities are short-term and
long-term as a separate classification in the statement of financial position, the assets
(liabilities) Deferred taxes should not be classified as current assets (current liabilities).
Differentiation Current and Non-Current Assets and Liabilities Short-Term and Long Term
When an entity providing goods or services in operating cycles can be clearly identified,
then the classification of assets and non-current and short-term and long-term in the statement
of financial position provides useful information by distinguishing the net assets to be used
continuously as a working capital of net assets used in the operation of long-term entity. It also
shows the classification of assets expected to be realized in the operating cycle runs and
liabilities maturing in the same period.
For some entities, such as financial institutions, the presentation of assets and liabilities
in order of liquidity provides information that is more relevant and reliable than the
presentation based on current and non-current or short-term and long-term because the entities
in the industry did not provide goods or services during the operating cycle of entities which
can be clearly identified.
Current assets
Entities classifying assets as current assets, if:
a. the entity expects to realize the asset, or intends to sell or use, within the normal
operating cycle
b. entities have assets for trading purposes
c. the entity expects to realize the asset within 12 months after the reporting period
d. cash or cash equivalents (as stated in IAS 2:Cash Flow Statements) unless the asset is
restricted its use to complete the exchange or liability for at least 12 months after the
reporting period.
Entities classify assets that do not include such categories as non-current assets.
Short-term liabilities
A liability is classified as short-term liabilities if
a. the entity expects to settle the liability in its normal operating cycle
b. The entity has liabilities for trading purposes
c. The maturing liabilities to be completed within 12 months after the reporting period
d. the entity does not have an unconditional right to defer settlement of liabilities during
sekurangkurangnya 12 months after the reporting period.
Some short-term liabilities, such as accounts payable, some accruals for employee costs
and other operating costs, are part of the working capital used in the normal operating cycle.
Entity-liabilities liabilities classified as short-term liabilities-liability despite the liability is due
to be completed more than 12 months after the reporting period. The same normal operating
cycle applied to the assets and liabilities of the entity. If it is not clearly identifiable, it is
assumed normalentitas operating cycle of 12 months.
Entity classifies financial liabilities as current liabilities if the liabilities will mature
within twelve months after the reporting period, though:
a. preliminary agreement loan agreement for a period of more than twelve months
 MUHAMAD KHADIQ
15.0102.0203

b. an agreement to refinance, or to reschedule payments, on a long-term basis has been

completed after the reporting period and before the date of completion of the financial
statements.
The information presented in the Statements of Financial Position
An entity shall disclose in the statement of financial position, the sub-classification of
posts were presented, and are classified in a manner appropriate to the operating entities.Details
are included in the sub-classifications, depending on the requirements of IFRSs as well as the
size, nature and function of the amount of each item concerned. Entity also uses the factors set
out in paragraph 56 of SFAS 1 to determine the basis for subclassification. Disclosures can be
different for each item, for example:
a. posts fixed assets are separated in accordance with IAS 16;
b. receivables are separated into the amount of the receivables, receivables from parties
related, prepayments and other amounts
c. Supplies are separated in accordance with SFAS 14: Inventories, into groups of
merchandise, goods production, raw materials, goods in process, and finished goods;
d. Estimated liabilities are separated into estimated liabilities for employee benefits and
other estimated liabilities
e. equity and reserves are separated into various groups such as paid-in capital, additional
paid-in capital and reserves.

An entity shall disclose the following items in the statement of financial position
a) for each type of shares:
1) The number of authorized shares;
2) The number of shares issued and fully paid, and issued but not fully paid;
3) Nominal value of shares, or the value of the shares do not have par value;
4) Reconciliation of the number of shares outstanding at the beginning and end of
the period;
5) The rights, privileges, and restrictions attached to each type of stock, including
restrictions on dividends and the repayment of capital;
6) Shares of entities controlled by the entity itself or by its subsidiaries or an
associate; and
7) Shares reserved for issuance with the option rights and sales contracts
shares, including the amount and terms;
b) A description of the nature and purpose of each reserve within equity post.
 Entities whose capital is not divided into shares, such as a partnership ortrusts,
disclose similar information in accordance with IAS 77 paragraph 1, which shows the
change over a period of any kind of participation, rights, privileges and restrictions
attached to any type of inclusion.