UK Illustrative Financial Statements: IFRS and UK GAAP (FRS 101) Example Accounts for 2015 Year Ends

PwC is one of the leading accountancy practices in the world and authors of the acclaimed Manual of Accounting series

Reports Strategic report; Directors' report; Remuneration report; Corporate governance report; Statement of directors' responsibilities; Independent auditors' report to the members of IFRS GAAP plc; Financial statements; Consolidated income statement; Consolidated statement of comprehensive income; Consolidated and Parent Company balance sheets; Consolidated statement of changes in equity; Consolidated and Parent Company statement of cash flows; Notes to the consolidated financial statements: 1 General information 2 Summary of significant accounting policies 3 Financial risk management 4 Critical accounting estimates and judgements 5 Segment information 6 Exceptional items 7 Other income 8 Other (losses)/gains - net 9 Expenses 10 Employees 11 Finance income and costs 12 Investments 13 Income tax expense 14 Earnings per share 15 Net foreign exchange gains/(losses) 16 Property, plant and equipment 17 Intangible assets 18 Financial instruments 18.1 Financial instruments by category 18.2 Credit quality of financial assets 19 Available-for-sale financial assets 20 Derivative financial instruments 21 Trade and other receivables 22 Inventories 23 Financial assets at fair value through profit or loss 24 Cash and cash equivalents 25 Non-current assets held for sale and discontinued operations 26 Share capital and premium 27 Share-based payment 28 Retained earnings 29 Other reserves 30 Trade and other payables 31 Borrowings 32 Deferred income tax 33 Post-employment benefits 34 Dividends per share 35 Provisions for other liabilities and charges 36 Cash generated from operations 37 Contingencies 38 Commitments 39 Business combinations 40 Transactions with non-controlling interests 41 Related parties Appendices Appendix I - Alternative presentation of primary statements 1 Consolidated statement of cash flows - direct method 2 Consolidated statement of comprehensive income - single statement, showing expenses by function Appendix II - Areas not illustrated in financial statements of IFRS GAAP plc 1 Biological assets 2 Construction contracts 3 Oil and gas exploration assets 4 Leases: Accounting by lessor 5 Government grants 6 Revenue recognition: multiple arrangements 7 Customer loyalty programmes 8 Put option 9 Foreign currency translations - disposal of foreign operation and partial disposal 10 Share-based payments - modification and cancellation Appendix III - New standards and amendments 1 New standards and amendments 2 Forthcoming requirements.