Where an entity is an agent or a principal disclosure

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Where an entity is an agent or a principal.
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Disclosure Disclosures required by AASB 12/IFRS 12 Disclosures in relation to consolidated structured entities required by AASB 12/IFRS 12 include: The terms of any contractual arrangement that could require a parent or its subsidiaries to supply financial support to a consolidated structured entity.
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Disclosure Information about the provision of financial support supplied without the parent or its subsidiaries having a contractual obligation to do so. Current intentions to provide financial or other support to a consolidated structured entity.
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Disclosure Disclosures required by AASB 12/IFRS 12 In particular, paragraph 26 requires disclosure about: Its interests in unconsolidated structured entities, including, but not limited to, the nature, purpose, size and activities of the structured entity and how the structured entity is financed.
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Disclosure Disclosures required by AASB 127/IAS 27 Paragraph 4 of AASB 127/IAS 27 contains the following definition of separate financial statements. Separate financial statements are those presented by an entity in which the entity could elect, subject to the requirements in this Standard, to account for its investments in subsidiaries, joint ventures and associates either at cost, in accordance with AASB 9 [IFRS 9] Financial Instruments, or using the equity method as described in AASB 128 [IAS 28] Investments in Associates and Joint Ventures.
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Disclosure Disclosures required by AASB 127/IAS 27 There are two situations in which separate financial statements are prepared. Where a parent is exempted from preparing consolidated financial statements in accordance with paragraph 4(a) of AASB 10/IFRS 10. Where a parent prepares separate financial statements in addition to consolidated financial statements.
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