Audi 2011 Annual Report Download - page 203

Download and view the complete annual report

Please find page 203 of the 2011 Audi annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 271

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271

200
New or revised standards not applied
The following new or revised accounting standards already approved by the IASB were not applied
in the Consolidated Financial Statements for the 2011 fiscal year because their application was
not yet mandatory:
Standard/Interpretation
Published by the
IASB
Mandatory
effective 1)
Endorsed
by EU 2) Effects
IFRS 1 Hyperinflation and Fixed
Changeover Date
Dec. 20, 2010 Jan. 1, 2012 No None
IFRS 7 Disclosures on Transfer of
Financial Instruments in
the Notes
Oct. 7, 2010 Jan. 1, 2012 Yes Extended notes on
transfer of financial
instruments
IFRS 7/
IFRS 9
Notes on Offsetting
Financial Assets and
Liabilities
Dec. 16, 2011 Jan. 1, 2013 No Extended notes on
offsetting of financial
instruments
IFRS 9 Financial Instruments:
Classification and
Measurement
Nov. 12, 2009/
Oct. 28, 2010
Jan. 1, 2015 3) No Modified reporting of fair
value changes relating to
financial instruments
previously classed as
available for sale
IFRS 10 Control of Companies May 12, 2011 Jan. 1, 2013 No None
IFRS 11 Joint Arrangements May 12, 2011 Jan. 1, 2013 No No significant changes
IFRS 12 Disclosure of Interests in
Other Entities
May 12, 2011 Jan. 1, 2013 No Extended notes on group
of companies
IFRS 13 Fair Value Measurement May 12, 2011 Jan. 1, 2013 No Changes and extended
notes on fair value
measurements
IAS 1 Presentation of Financial
Statements
Jun. 16, 2011 Jan. 1, 2013 No Changed presentation of
other comprehensive
income
IAS 12 Deferred Tax: Realization
of Underlying Assets
Dec. 20, 2010 Jan. 1, 2012 No No significant changes
IAS 19 Employee Benefits Jun. 16, 2011 Jan. 1, 2013 No Changed presentation
and extended notes on
employee benefits
IAS 27 Separate Financial
Statements
May 12, 2011 Jan. 1, 2013 No None
IAS 28 Investments in Associates
and Joint Ventures
May 12, 2011 Jan. 1, 2013 No None
IAS 32 Financial Instruments:
Offsetting of Financial
Assets and Liabilities
Dec. 16, 2011 Jan. 1, 2014 No No significant changes
IFRIC 20 Costs of Overburden
Removal during Open Pit
Mining
Oct. 19, 2011 Jan. 1, 2013 No None
1) Mandatory first-time application from AUDI AG’s perspective
2) Until Dec. 31, 2011
3) First-time application postponed from 2013 until 2015 by the Mandatory Effective Date Project