Service Concession Arrangements (IFRIC 12/Interpretation 12)

BDO Global IFRS Resources

The following publications have been produced by the BDO Global IFRS group:

► IFRS at a Glance

A high level overview of International Financial Reporting Standards (IFRSs), including International Accounting Standards and Interpretations.

• IFRIC 12 Service Concession Arrangements
• SIC 29 Service Concession Arrangements: Disclosures.

IFRIC agenda decisions

IFRS Interpretations Committee (the Committee) agenda decisions are those issues that the Committee decided not to take onto its agenda. Although not authoritative guidance, in practice they are regarded as being highly persuasive, and all entities reporting under IFRS should be aware of these decisions because they could impact the way particular transactions and balances are accounted for. Agenda decisions on this topic include:

• Service concession arrangements with leased infrastructure (September 2016) and FAQ
• Payments made by an operator to a grantor in a service concession arrangement (July 2016) and FAQ
• Scope of IFRIC 12 (July 2009) and FAQ
• Obligations to repair or maintain another entity’s PPE (Aug 2005) and FAQ​.