AFRICAN DAWN ANNUAL REPORT 2017 Notes to the Financial Statements Annual Financial Statements For the year ended 28 February 2017 50 2. New Standards and Interpretations 2.1 Standards and interpretations not yet effective At the date of authorization of these annual financial statements, the following standards and interpretations were in issue but not yet effective. The group has not yet assessed the impact of any of these amendments and will only adopt them in the period they become effective. • IFRS 9 Financial Instruments (01 January 2018) • IFRS 15 Revenue from Contracts with Customers (01 January 2018) • IFRS 16 Leases (01 January 2019) • Amendments to IAS 7: Disclosure initiative (01 January 2017) • Amendments to IAS 12: Recognition of Deferred Tax Assets for unrealised losses (01 January 2017)
AFRICAN DAWN 2017
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