公司对于征求意见稿《金融工具分类和计量》关注问题的反馈-ifrs.docVIP

14 September 2009 International Accounting Standards Board 30 Cannon Street London EC4M 6XH United Kingdom Comments on Financial Instruments: Classification and Measurement exposure draft Dear Sir/Madam, Ping An Insurance (Group) Company of China, Ltd. an Chinese-based public company listed on the The Stock Exchange of Hong Kong Limited and the Shanghai Stock Exchange. We welcome the opportunity to comment on your exposure draft Financial Instruments: Classification and Measurement.. Comments on the 15 questions mentioned in the exposure draft For improvement of IAS39, 15 questions are raised in Exposure Draft Financial Instruments: Classification and Measurement. Based on our understanding of the exposure draft, we have the following comments as to some questions. Question 2 Do you believe that the exposure draft proposes sufficient, operational guidance on the application of whether an instrument has ‘basic loan features’ and ‘is managed on a contractual yield basis’? If not, why? What additional guidance would you propose and why? Comments: Appendix B of the exposure draft explains how to determine “managed on a contractual yield basis”. As stated in B10, whether financial instruments are managed on a contractual yield basis does not depend on management’s intentions, instead it depends on how management manages the instruments. However, the exposure draft does not provide very specific guidance as to how an entity should prove an instrument “is managed on a contractual yield basis”. Suggest add operation-useful guidance for the sake of implementation. Besides, although the exposure draft eliminates the ‘tainting’ provision in IAS 39, i.e. the exposure draft contains no proposal to prohibit an entity from measuring a financial asset at amortized cost if the entity has previously sold other financial assets measured at amortized cost before maturity. However, an entity would be required to separately present in the statement of comprehensive income gains or los