180
CHAPTER – 3
IFRS AT A GLOBAL LEVEL
3.1 Disclosure of IFRS Components by Country
3.2 Disclosure of IFRS Components by Country And Company
3.3 Disclosure of IFRS Components by Country and Industry
3.4 Disclosure of IFRS Components by Industry
3.5 Disclosure of IFRS Components by IFRS Components Type
3.6 Disclosure of IFRS Components by IFRS Components Type and
Country
3.7 Disclosure of IFRS Components by Country and IFRS Components
Type
3.8 Disclosure of IFRS Components by Industry and IFRS Components
Type
3.9 Disclosure of IFRS Components by IFRS Components Type and
Industry
3.1 Disclosure of IFRS Components by country, Industry and IFRS
Components Type
3.11 Disclosure of IFRS Components by Industry, Country and IFRS
Components Type
181
3. IFRS AT A GLOBAL LEVEL
3.1 Disclosure of IFRS Components by Country
Described in which year IFRS components have been disclosed most by country
Table 15 - Disclosure of IFRS Components by Country
COUNTR
Y
NO. OF
COMPANIES
TOTAL IFRS
COMPONENTS YR2013 YR2012 YR2011
Bahrain 6 90 59 65.56% 60 66.67% 58 64.44%
India 2 30 15 50.00% 15 50.00% 15 50.00%
Japan 3 45 24 53.33% 18 40.00% 18 40.00%
Kuwait 6 90 53 58.89% 54 60.00% 55 61.11%
Oman 6 90 37 41.11% 39 43.33% 38 42.22%
Pakistan 3 45 29 64.44% 26 57.78% 23 51.11%
Qatar 6 90 44 48.89% 44 48.89% 32 35.56%
Saudi
Arabia 6 90 23 25.56% 20 22.22% 20 22.22%
South
Korea 6 90 39 43.33% 39 43.33% 39 43.33%
UAE 6 90 57 63.33% 57 63.33% 60 66.67%
TOTAL 50 750 380 372 348
59
15
24
53
37
29
44
23
39
5760
1518
54
39
26
44
20
39
5758
1518
55
38
23
32
20
39
6090
30
45
90 90
45
90 90 90 90
0
10
20
30
40
50
60
70
80
90
100
0
10
20
30
40
50
60
70
BAHRAIN INDIA JAPAN KUWAIT OMAN PAKISTAN QATARSAUDI ARABIASOUTH KOREA UAE
IFRS COMPONENTS VS COUNTRY
YR2013 YR2012 YR2011 TOTAL IFRS COMPONENTS
182
INTERPRETATION
From the above table it can be concluded that in latest year 2013 highest IFRS
components have been disclosed from companies taken under study. It can be also
observed that, Companies from Bahrain, UAE disclosed highest IFRS components.
Least IFRS components disclosed from Saudi Arabia and Oman companies. On an
average 65% of the IFRS components have been disclosed by companies from Bahrain
throughout latest three years. Saudi Arabian companies disclosing 23% of the IFRS
components throughout latest three years.
183
3.2 Disclosure of IFRS Components by Country And Company
Helps us to see disclosure of IFRS components by company and by year
Table 16 - Disclosure of IFRS Components by Country And Company
COUNTRY COMPANY YR2013 YR2012 YR2011
Bahrain Ahli United Bank BSC 9 (60%) 9 (60%) 9 (60%)
Bahrain Aluminium Bahrain B.S.C 8 (53.33%) 8 (53.33%) 8 (53.33%)
Bahrain Arab Banking Corporation 10 (66.67%) 11 (73.33%) 10 (66.67%)
Bahrain Bahrain & Kuwait Insurance
Company 11 (73.33%) 11 (73.33%) 10 (66.67%)
Bahrain Bahrain Duty Free Shop Complex
BSC 10 (66.67%) 10 (66.67%) 10 (66.67%)
Bahrain Bahrain Telecommunications Co. 11 (73.33%) 11 (73.33%) 11 (73.33%)
Bahrain Total 59 60 58
India Infosys Ltd 5 (33.33%) 5 (33.33%) 5 (33.33%)
India Tata Consultancy Services 10 (66.67%) 10 (66.67%) 10 (66.67%)
India Total 15 15 15
Japan Japan Tobacco Inc. 10 (66.67%) 10 (66.67%) 10 (66.67%)
Japan Softbank Corporation 6 (40%) - -
Japan Sumitomo Mitsui Financial Group,
Inc. 8 (53.33%) 8 (53.33%) 8 (53.33%)
Japan Total 24 18 18
Kuwait Gulf Bank 4 (26.67%) 5 (33.33%) 5 (33.33%)
Kuwait Gulf Insurance Company K.S.C. 10 (66.67%) 10 (66.67%) 10 (66.67%)
Kuwait Kuwait Finance House 11 (73.33%) 11 (73.33%) 11 (73.33%)
Kuwait Kuwait Food Company 9 (60%) 9 (60%) 10 (66.67%)
Kuwait Mobile Telecommunications
Company K.S.C 10 (66.67%) 10 (66.67%) 10 (66.67%)
Kuwait National Bank of Kuwait 9 (60%) 9 (60%) 9 (60%)
Kuwait Total 53 54 55
Oman Al Madina Insurance Company
SAOG 4 (26.67%) 7 (46.67%) 7 (46.67%)
Oman Bank Dhofar SAOG 5 (33.33%) 4 (26.67%) 4 (26.67%)
Oman Bank Muscat SAOG 7 (46.67%) 8 (53.33%) 7 (46.67%)
Oman Oman Cables Industry SAOG 9 (60%) 8 (53.33%) 8 (53.33%)
Oman Oman Telecommunications
Company S.A.O.G. 4 (26.67%) 4 (26.67%) 4 (26.67%)
Oman Omani Qatari Telecommunications
Company SAOG 8 (53.33%) 8 (53.33%) 8 (53.33%)
Oman Total 37 39 38
Pakistan Attock Petroleum Limited 9 (60%) 9 (60%) 9 (60%)
Pakistan Oil & Gas Development
Corporation 10 (66.67%) 7 (46.67%) 4 (26.67%)
Pakistan Pakistan Petroleum Ltd. 10 (66.67%) 10 (66.67%) 10 (66.67%)
Pakistan Total 29 26 23
184
COUNTRY COMPANY YR2013 YR2012 YR2011
Qatar Industries Qatar Q.S.C. 9 (60%) 9 (60%) -
Qatar Masraf Al Rayan Q.S.C - - -
Qatar Ooredoo Q.S.C 10 (66.67%) 10 (66.67%) 10 (66.67%)
Qatar Qatar Fuel Company Q.S.C. 8 (53.33%) 8 (53.33%) 6 (40%)
Qatar Qatar Insurance Company SAQ 8 (53.33%) 8 (53.33%) 7 (46.67%)
Qatar Qatar National Bank S.A.Q. 9 (60%) 9 (60%) 9 (60%)
Qatar Total 44 44 32
Saudi Arabia Al Rajhi Bank 7 (46.67%) 4 (26.67%) 4 (26.67%)
Saudi Arabia Bank AlBilad 8 (53.33%) 8 (53.33%) 8 (53.33%)
Saudi Arabia BUPA Arabia for Cooperative
Insurance Company - - -
Saudi Arabia SABB Takaful Company 4 (26.67%) 4 (26.67%) 4 (26.67%)
Saudi Arabia Saudi Basic Industries Corporation 2 (13.33%) 2 (13.33%) 2 (13.33%)
Saudi Arabia Saudi Telecom Company 2 (13.33%) 2 (13.33%) 2 (13.33%)
Saudi Arabia Total 23 20 20
South Korea Hanwha Life Insurance Co, Ltd 3 (20%) 3 (20%) 3 (20%)
South Korea Hyundai Motor Company, Ltd. 7 (46.67%) 7 (46.67%) 7 (46.67%)
South Korea Industrial Bank of Korea 7 (46.67%) 7 (46.67%) 7 (46.67%)
South Korea Samsung Electronics Co., Ltd 6 (40%) 6 (40%) 6 (40%)
South Korea Samsung Life Insurance Co., Ltd. 8 (53.33%) 8 (53.33%) 8 (53.33%)
South Korea Shinhan Financial Group Co., Ltd. 8 (53.33%) 8 (53.33%) 8 (53.33%)
South Korea Total 39 39 39
UAE Abu Dhabi National Insurance
Company PSC 6 (40%) 7 (46.67%) 9 (60%)
UAE Aldar Properties PJSC 11 (73.33%) 11 (73.33%) 11 (73.33%)
UAE EMAAR Properties pjsc 10 (66.67%) 10 (66.67%) 10 (66.67%)
UAE Emirates Insurance Company PSC 12 (80%) 10 (66.67%) 11 (73.33%)
UAE First Gulf Bank PJSC 8 (53.33%) 9 (60%) 9 (60%)
UAE National Bank of Abu Dhabi 10 (66.67%) 10 (66.67%) 10 (66.67%)
UAE Total 57 57 60
TOTAL 380 372 358
185
INTERPRETATION
Above table help us to see IFRS components disclosure by company within country.
Based on above table it can be observed that Emirates Insurance Company PSC (UAE)
stood no one followed by Bahrain & Kuwait Insurance Company (Bahrain), Bahrain
Telecommunications Co. (Bahrain), Kuwait Finance House (Kuwait) and Aldar
Properties PJSC (UAE). Companies from Bahrain Kuwait and UAE disclosing highest
IFRS components compare to other countries taken under study. Companies from Saudi
Arabia, Oman and South Korea disclosing less IFRS components throughout 3 years of
the study
186
9
8
10
11
10
11
5
10
10
6
8
4
10
11
9
10
9
4
5
7
9
4
8
9
10
10
9
10
8
8
9
7
8
4
2
2
3
7
7
6
8
8
6
11
10
12
8
10
9
8
11
11
10
11
5
10
10
8
5
10
11
9
10
9
7
4
8
8
4
8
9
7
10
9
10
8
8
9
4
8
4
2
2
3
7
7
6
8
8
7
11
10
10
9
10
9
8
10
10
10
11
5
10
10
8
5
10
11
10
10
9
7
4
7
8
4
8
9
4
10
10
6
7
9
4
8
4
2
2
3
7
7
6
8
8
9
11
10
11
9
10
0 5 10 15 20 25 30 35
Ahli United Bank BSC
Aluminium Bahrain B.S.C
Arab Banking Corporation
Bahrain & Kuwait Insurance Company
Bahrain Duty Free Shop Complex BSC
Bahrain Telecommunications Co.
Infosys Ltd
Tata Consultancy Services
Japan Tobacco Inc.
Softbank Corporation
Sumitomo Mitsui Financial Group, Inc.
Gulf Bank
Gulf Insurance Company K.S.C.
Kuwait Finance House
Kuwait Food Company
Mobile Telecommunications Company K.S.C
National Bank of Kuwait
Al Madina Insurance Company SAOG
Bank Dhofar SAOG
Bank Muscat SAOG
Oman Cables Industry SAOG
Oman Telecommunications Company S.A.O.G.
Omani Qatari Telecommunications Company SAOG
Attock Petroleum Limited
Oil & Gas Development Corporation
Pakistan Petroleum Ltd.
Industries Qatar Q.S.C.
Masraf Al Rayan Q.S.C
Ooredoo Q.S.C
Qatar Fuel Company Q.S.C.
Qatar Insurance Company SAQ
Qatar National Bank S.A.Q.
Al Rajhi Bank
Bank AlBilad
BUPA Arabia for Cooperative Insurance Company
SABB Takaful Company
Saudi Basic Industries Corporation
Saudi Telecom Company
Hanwha Life Insurance Co, Ltd
Hyundai Motor Company, Ltd.
Industrial Bank of Korea
Samsung Electronics Co., Ltd
Samsung Life Insurance Co., Ltd.
Shinhan Financial Group Co., Ltd.
Abu Dhabi National Insurance Company PSC
Aldar Properties PJSC
EMAAR Properties pjsc
Emirates Insurance Company PSC
First Gulf Bank PJSC
National Bank of Abu Dhabi
COMPANY VS IFRS COMPONENT
YR2013 YR2012 YR2011
187
3.3 Disclosure of IFRS Components by Country and Industry
Provides summary of disclosure of IFRS components by year by country within industry
Table 17 - Disclosure of IFRS Components by Country And Industry
COUNTRY INDUSTRY YR2013 YR2012 YR2011
Bahrain Financial 19 20 19
Bahrain Insurance 11 11 10
Bahrain Non-Financial 29 29 29
Bahrain Total 59 60 58
India Non-Financial 15 15 15
India Total 15 15 15
Japan Financial 8 8 8
Japan Non-Financial 16 10 10
Japan Total 24 18 18
Kuwait Financial 24 25 25
Kuwait Insurance 10 10 10
Kuwait Non-Financial 19 19 20
Kuwait Total 53 54 55
Oman Financial 12 12 11
Oman Insurance 4 7 7
Oman Non-Financial 21 20 20
Oman Total 37 39 38
Pakistan Non-Financial 29 26 23
Pakistan Total 29 26 23
Qatar Financial 9 9 9
Qatar Insurance 8 8 7
Qatar Non-Financial 27 27 16
Qatar Total 44 44 32
Saudi Arabia Financial 15 12 12
Saudi Arabia Insurance 4 4 4
Saudi Arabia Non-Financial 4 4 4
Saudi Arabia Total 23 20 20
South Korea Financial 7 7 7
South Korea Insurance 19 19 19
South Korea Non-Financial 13 13 13
South Korea Total 39 39 39
UAE Financial 18 19 19
UAE Insurance 18 17 20
UAE Non-Financial 21 21 21
UAE Total 57 57 60
TOTAL 380 372 358
188
INTERPRETATION
Based on above table it can be seen that companies from Non-financial sector disclosing
IFRS components most compare to Financial and Insurance companies, it also can be
observed that, Non-Financial companies from Bahrain and Pakistan stood no one
followed by Non-Financial companies from Qatar and UAE. Kuwait based financial
companies disclosing highest IFRS components in companies from Financial sector
19 2
0
19
11
11
10
29
29
29
15
15
15
8 8 8
16
10
10
24 2
5
25
10
10
10
19
19 2
0
12
12
11
4
7 7
21
20
20
29
26
23
9 9 9
8 8
7
27
27
16
15
12
12
4 4 44 4 4
7 7 7
19
19
19
13
13
13
18 1
9
19
18
17
202
1
21
21
YR2013 YR2012 YR2011
COUNTRY/ INDUSTRY VS IFRS
Bahrain-Financial Bahrain-Insurance Bahrain-Non-Financial
India-Non-Financial Japan-Financial Japan-Non-Financial
Kuwait-Financial Kuwait-Insurance Kuwait-Non-Financial
Oman-Financial Oman-Insurance Oman-Non-Financial
Pakistan-Non-Financial Qatar-Financial Qatar-Insurance
Qatar-Non-Financial Saudi Arabia-Financial Saudi Arabia-Insurance
Saudi Arabia-Non-Financial South Korea-Financial South Korea-Insurance
South Korea-Non-Financial UAE-Financial UAE-Insurance
UAE-Non-Financial
189
taken under study followed by Financial companies from Bahrain and UAE. South
Korea based Insurance companies disclosing IFRS components most whereas Oman
based Insurance companies’ least disclosing IFRS components
190
3.4 Disclosure of IFRS Components by Industry
Helps us to analyze disclosure of IFRS components by Industry
Table 18 - Disclosure of IFRS Components by Industry
INDUSTRY NO. OF
COMPANIES
TOTAL IFRS
COMPONENTS YR2013 YR2012 YR2011
Financial 14 210 112 (53.33%) 112 (53.33%)
110
(52.38%
)
Insurance 11 165 74 (44.85%) 76 (46.06%)
77
(46.67%
)
Non-Financial 25 375 194 (51.73%) 184 (49.07%) 171
(45.6%)
TOTAL 50 750 380 372 358
210
112
112
110
165
74
76
77
375
194
184
171
INDUSTRY VS IFRS
TOTAL IFRS COMPONENTS YR2013 YR2012 YR2011
191
INTERPRETATION
From the above table it can be seen sudden hike in disclosure of IFRS components from
the year 2011 to 2012 in Non-Financial companies. Based on above table it can be
observed that, No hike or drop can be seen in disclosure of IFRS of Companies from
Financial and Insurance sector. Out of 15 IFRS components financial companies
disclosing 8 around IFRS components while Insurance companies and Non-Financial
companies disclosing IFRS components average 6.73 and 7.76 components out of 15.
52% around IFRS components have been disclosed by financial companies throughout
latest 3 years. 45% around IFRS components have been disclosed by Insurance
companies throughout latest 3 years. 48% around IFRS components have been
disclosed by Insurance companies throughout latest 3 years
192
3.5 Disclosure of IFRS Components by IFRS Components Type
Described which IFRS components disclosed most by year
Table 19 - Disclosure of IFRS Components by IFRS Components Type
IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
IFRS1 50 10 20.00% 12 24.00% 7 14.00%
IFRS2 50 16 32.00% 14 28.00% 14 28.00%
IFRS3 50 13 26.00% 12 24.00% 16 32.00%
IFRS4 50 13 26.00% 13 26.00% 13 26.00%
IFRS5A 50 47 94.00% 46 92.00% 45 90.00%
IFRS5B 50 5 10.00% 5 10.00% 5 10.00%
IFRS6 50 - - - - - -
IFRS7 50 42 84.00% 41 82.00% 40 80.00%
IFRS8C 50 45 90.00% 44 88.00% 43 86.00%
IFRS9 50 36 72.00% 35 70.00% 34 68.00%
IFRS10 50 38 76.00% 38 76.00% 36 72.00%
IFRS11 50 37 74.00% 37 74.00% 33 66.00%
IFRS12 50 36 72.00% 36 72.00% 34 68.00%
IFRS13 50 42 84.00% 39 78.00% 38 76.00%
IFRS14 50 - - - - - -
TOTAL 380 372 358
193
INTERPRETATION
It can be observed from the above table that IFRS5A (“Did the entity have any non-
current assets or disposal groups held for sale? - NCA or Held for sale”) components
disclosed most in all three years taken under study followed by IFRS8C (“Segment
Information”), IFRS7 (“Financial Instruments”) and IFRS13 (“Disclosure of Interests
in Other Entities”). Observations based on above table, IFRS5B (“Discontinued
Operation”), IFRS1 (“Is the entity a first-time adopter in terms of IFRS 1 in the current
period?”), IFRS4 (“Insurance Contract”) and IFRS3 (“Has the entity entered into a
business combination during the current or prior reporting period?”) less disclosed by
companies taken under study. 92% IFRS5A have been disclosed by companies
throughout latest 3 years followed by IFRS8C with 88% disclosure. No sudden hike or
drop can be seen in any IFRS components throughout 3 years of the study
10
16
13 13
47
5
0
42
45
3638 37 36
42
0
1214
12 13
46
5
0
41
44
35
38 37 36
39
0
7
1416
13
45
5
0
40
43
3436
33 34
38
0
0
10
20
30
40
50
60
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
IFRS BY YEAR
YR2013 YR2012 YR2011 NO. OF COMPANIES
194
3.6 Disclosure of IFRS Components by IFRS Components Type and Country
Described which IFRS components disclosed most by year and by country
Table 20 - Disclosure of IFRS Components by IFRS Components Type and Country
IFRS COUNTRY NO. OF
COMPANIES YR2013 YR2012 YR2011
IFRS 1 Bahrain 6 1 (17.00%) 2 (33.00%) -
IFRS 1 India 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
IFRS 1 Japan 3 1 (33.00%) 1 (33.00%) 1 (33.00%)
IFRS 1 Kuwait 6 - - -
IFRS 1 Oman 6 - 1 (17.00%) -
IFRS 1 Pakistan 3 2 (67.00%) 1 (33.00%) 1 (33.00%)
IFRS 1 Qatar 6 1 (17.00%) 1 (17.00%) -
IFRS 1 Saudi Arabia 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 1 South Korea 6 - - -
IFRS 1 UAE 6 3 (50.00%) 4 (67.00%) 3 (50.00%)
IFRS 1 TOTAL 50 10 12 7
IFRS 2 Bahrain 6 - - -
IFRS 2 India 2 - - -
IFRS 2 Japan 3 2 (67.00%) 2 (67.00%) 2 (67.00%)
IFRS 2 Kuwait 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 2 Oman 6 1 (17.00%) - -
IFRS 2 Pakistan 3 2 (67.00%) 2 (67.00%) 2 (67.00%)
IFRS 2 Qatar 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 2 Saudi Arabia 6 - - -
IFRS 2 South Korea 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 2 UAE 6 4 (67.00%) 3 (50.00%) 3 (50.00%)
IFRS 2 TOTAL 50 16 14 14
IFRS 3 Bahrain 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 3 India 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
IFRS 3 Japan 3 - - -
IFRS 3 Kuwait 6 2 (33.00%) 2 (33.00%) 4 (67.00%)
IFRS 3 Oman 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 3 Pakistan 3 1 (33.00%) 1 (33.00%) 1 (33.00%)
IFRS 3 Qatar 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 3 Saudi Arabia 6 - - -
IFRS 3 South Korea 6 - - -
IFRS 3 UAE 6 2 (33.00%) 1 (17.00%) 3 (50.00%)
IFRS 3 TOTAL 50 13 12 16
195
IFRS 4 Bahrain 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 4 India 2 - - -
IFRS 4 Japan 3 - - -
IFRS 4 Kuwait 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 4 Oman 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 4 Pakistan 3 - - -
IFRS 4 Qatar 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 4 Saudi Arabia 6 - - -
IFRS 4 South Korea 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 4 UAE 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
IFRS 4 TOTAL 50 13 13 13
IFRS 5A Bahrain 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 5A India 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
IFRS 5A Japan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 5A Kuwait 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 5A Oman 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 5A Pakistan 3 3
(100.00%)
3
(100.00%)
3
(100.00%)
IFRS 5A Qatar 6 5 (83.00%) 5 (83.00%) 4 (67.00%)
IFRS 5A Saudi Arabia 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 5A South Korea 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 5A UAE 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 5A TOTAL 50 47 46 45
IFRS 5B Bahrain 6 2 (33.00%) 2 (33.00%) 2 (33.00%)
IFRS 5B India 2 - - -
IFRS 5B Japan 3 - - -
IFRS 5B Kuwait 6 2 (33.00%) 2 (33.00%) 2 (33.00%)
IFRS 5B Oman 6 - - -
IFRS 5B Pakistan 3 - - -
IFRS 5B Qatar 6 1 (17.00%) 1 (17.00%) 1 (17.00%)
IFRS 5B Saudi Arabia 6 - - -
IFRS 5B South Korea 6 - - -
IFRS 5B UAE 6 - - -
IFRS 5B TOTAL 50 5 5 5
IFRS 6 Bahrain 6 - - -
IFRS 6 India 2 - - -
IFRS 6 Japan 3 - - -
IFRS 6 Kuwait 6 - - -
IFRS 6 Oman 6 - - -
IFRS 6 Pakistan 3 - - -
196
IFRS 6 Qatar 6 - - -
IFRS 6 Saudi Arabia 6 - - -
IFRS 6 South Korea 6 - - -
IFRS 6 UAE 6 - - -
IFRS 6 TOTAL 50 - - -
IFRS 7 Bahrain 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 7 India 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
IFRS 7 Japan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 7 Kuwait 6 5 (83.00%) 6
(100.00%)
6
(100.00%)
IFRS 7 Oman 6 4 (67.00%) 3 (50.00%) 3 (50.00%)
IFRS 7 Pakistan 3 3
(100.00%)
3
(100.00%)
3
(100.00%)
IFRS 7 Qatar 6 4 (67.00%) 4 (67.00%) 3 (50.00%)
IFRS 7 Saudi Arabia 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
IFRS 7 South Korea 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 7 UAE 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 7 TOTAL 50 42 41 40
IFRS 8C Bahrain 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 8C India 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
IFRS 8C Japan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 8C Kuwait 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 8C Oman 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 8C Pakistan 3 3
(100.00%)
3
(100.00%)
3
(100.00%)
IFRS 8C Qatar 6 5 (83.00%) 5 (83.00%) 4 (67.00%)
IFRS 8C Saudi Arabia 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
IFRS 8C South Korea 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 8C UAE 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 8C TOTAL 50 45 44 43
IFRS 9 Bahrain 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 9 India 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
IFRS 9 Japan 3 1 (33.00%) 1 (33.00%) 1 (33.00%)
IFRS 9 Kuwait 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 9 Oman 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 9 Pakistan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 9 Qatar 6 5 (83.00%) 5 (83.00%) 4 (67.00%)
197
IFRS 9 Saudi Arabia 6 2 (33.00%) 2 (33.00%) 2 (33.00%)
IFRS 9 South Korea 6 - - -
IFRS 9 UAE 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 9 TOTAL 50 36 35 34
IFRS 10 Bahrain 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 10 India 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
IFRS 10 Japan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 10 Kuwait 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 10 Oman 6 3 (50.00%) 4 (67.00%) 4 (67.00%)
IFRS 10 Pakistan 3 3
(100.00%)
3
(100.00%) 2 (67.00%)
IFRS 10 Qatar 6 5 (83.00%) 5 (83.00%) 4 (67.00%)
IFRS 10 Saudi Arabia 6 2 (33.00%) 1 (17.00%) 1 (17.00%)
IFRS 10 South Korea 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 10 UAE 6 5 (83.00%) 6
(100.00%)
6
(100.00%)
IFRS 10 TOTAL 50 38 38 36
IFRS 11 Bahrain 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 11 India 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
IFRS 11 Japan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 11 Kuwait 6 4 (67.00%) 4 (67.00%) 3 (50.00%)
IFRS 11 Oman 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
IFRS 11 Pakistan 3 3
(100.00%)
3
(100.00%) 2 (67.00%)
IFRS 11 Qatar 6 5 (83.00%) 5 (83.00%) 3 (50.00%)
IFRS 11 Saudi Arabia 6 2 (33.00%) 2 (33.00%) 2 (33.00%)
IFRS 11 South Korea 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 11 UAE 6 5 (83.00%) 6
(100.00%)
6
(100.00%)
IFRS 11 TOTAL 50 37 37 33
IFRS 12 Bahrain 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 12 India 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
IFRS 12 Japan 3 2 (67.00%) 2 (67.00%) 2 (67.00%)
IFRS 12 Kuwait 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 12 Oman 6 3 (50.00%) 4 (67.00%) 4 (67.00%)
IFRS 12 Pakistan 3 3
(100.00%)
3
(100.00%) 2 (67.00%)
IFRS 12 Qatar 6 5 (83.00%) 5 (83.00%) 3 (50.00%)
IFRS 12 Saudi Arabia 6 2 (33.00%) 1 (17.00%) 1 (17.00%)
IFRS 12 South Korea 6 4 (67.00%) 4 (67.00%) 4 (67.00%)
IFRS 12 UAE 6 5 (83.00%) 5 (83.00%) 6
(100.00%)
IFRS 12 TOTAL 50 36 36 34
198
IFRS 13 Bahrain 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 13 India 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
IFRS 13 Japan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 13 Kuwait 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
IFRS 13 Oman 6 4 (67.00%) 5 (83.00%) 5 (83.00%)
IFRS 13 Pakistan 3 3
(100.00%) 2 (67.00%) 2 (67.00%)
IFRS 13 Qatar 6 5 (83.00%) 5 (83.00%) 3 (50.00%)
IFRS 13 Saudi Arabia 6 3 (50.00%) 2 (33.00%) 2 (33.00%)
IFRS 13 South Korea 6 5 (83.00%) 5 (83.00%) 5 (83.00%)
IFRS 13 UAE 6 6
(100.00%) 5 (83.00%)
6
(100.00%)
IFRS 13 TOTAL 50 42 39 38
IFRS 14 Bahrain 6 - - -
IFRS 14 India 2 - - -
IFRS 14 Japan 3 - - -
IFRS 14 Kuwait 6 - - -
IFRS 14 Oman 6 - - -
IFRS 14 Pakistan 3 - - -
IFRS 14 Qatar 6 - - -
IFRS 14 Saudi Arabia 6 - - -
IFRS 14 South Korea 6 - - -
IFRS 14 UAE 6 - - -
IFRS 14 TOTAL 50 - - -
TOTAL 750 380 372 358
199
1 1 1
2
1 1
3
2
1 1 1 1 1 1
4
1 1 1
3
6
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-1
YR2013 YR2012 YR2011 NO. OF COMPANIES
2
5
1
2
1 1
4
2
5
2
1 1
3
2
5
2
1 1
3
6
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-2
YR2013 YR2012 YR2011 NO. OF COMPANIES
5
1
2
1 1 1
2
5
1
2
1 1 1 1
5
1
4
1 1 1
3
6
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-3
YR2013 YR2012 YR2011 NO. OF COMPANIES
200
6
1 1 1 1
3
6
1 1 1 1
3
6
1 1 1 1
3
6
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-4
YR2013 YR2012 YR2011 NO. OF COMPANIES
5
2
3
6 6
3
5 5
6 6
5
2 2
6 6
3
5 5
6 6
5
2 2
6 6
3
4
5
6 66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-5A
YR2013 YR2012 YR2011 NO. OF COMPANIES
2 2
1
2 2
1
2 2
1
6
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-5B
YR2013 YR2012 YR2011 NO. OF COMPANIES
201
6
2
3
5
4
3
4
3
6 66
2 2
6
3 3
4
3
6 66
2 2
6
3 3 3 3
6 66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-7
YR2013 YR2012 YR2011 NO. OF COMPANIES
6
2
3
6
5
3
5
3
6 66
2 2
6
5
3
5
3
6 66
2 2
6
5
3
4
3
6 66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-8C
YR2013 YR2012 YR2011 NO. OF COMPANIES
202
6
1 1
6 6
3
5
2
66
1 1
6 6
2
5
2
66
1 1
6 6
2
4
2
66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-9
YR2013 YR2012 YR2011 NO. OF COMPANIES
5
2
3
5
3 3
5
2
5 55
2 2
5
4
3
5
1
5
6
5
2 2
5
4
2
4
1
5
66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-10
YR2013 YR2012 YR2011 NO. OF COMPANIES
203
5
2
3
4
3 3
5
2
5 55
2 2
4
3 3
5
2
5
6
5
2 2
3 3
2
3
2
5
66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-11
YR2013 YR2012 YR2011 NO. OF COMPANIES
6
1
2
5
3 3
5
2
4
5
6
1
2
5
4
3
5
1
4
5
6
1
2
5
4
2
3
1
4
66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-12
YR2013 YR2012 YR2011 NO. OF COMPANIES
204
INTERPRETATION
From the above table we can examine that companies from Bahrain, Kuwait, Oman ,
UAE and South Korea disclosing IFRS 5A (“NCA or Held for sale”), IFRS 7
(“Financial Instruments”), IFRS 8C (“Segment Information”), IFRS 9 (“Fair value
hedges of the interest rate”), IFRS 12 (“Disclosure of Interests in Other Entities”), IFRS
13 (“Fair Value Measurement”) and IFRS 4 (“Insurance Contract”) 100%. Based on
above table it also can be observed that, Few companies disclosing IFRS 1 (“First
Time”), IFRS 2 (“Share Based payment (Granted Shares/Stock, Share/Stock Options,
Share/Stock Rights)”), IFRS 3 (“Has the entity entered into a business combination
during the current or prior reporting period?”), IFRS 4 (“Insurance Contract”) and
IFRS 5B (“Discontinued Operation”). Many companies disclosing 100% IFRS
components like IFRS4, IFRS5A, IFRS7, IFRS8C, IFRS9, IFRS12, IFRS13, IFRS10,
IFRS11. 17% around components like IFRS1, IFRS2, IFRS3, IFRS4 disclosed by
companies taken under study
6
1
3
6
4
3
5
3
5
66
1
2
6
5
2
5
2
5 5
6
1
2
6
5
2
3
2
5
66
2
3
6 6
3
6 6 6 6
0
1
2
3
4
5
6
7
Bahrain India Japan Kuwait Oman Pakistan Qatar SaudiArabia
SouthKorea
UAE
IFRS-13
YR2013 YR2012 YR2011 NO. OF COMPANIES
205
3.7 Disclosure of IFRS Components by Country and IFRS Components Type
Described which IFRS components disclosed by year and by IFRS Components within
Country
Table 21 - Disclosure of IFRS Components by Country and IFRS Components Type
COUNTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Bahrain IFRS1 6 1 (16.67%) 2 (33.33%) -
Bahrain IFRS2 6 - - -
Bahrain IFRS3 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Bahrain IFRS4 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Bahrain IFRS5A 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Bahrain IFRS5B 6 2 (33.33%) 2 (33.33%) 2 (33.33%)
Bahrain IFRS6 6 - - -
Bahrain IFRS7 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Bahrain IFRS8C 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Bahrain IFRS9 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Bahrain IFRS10 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Bahrain IFRS11 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Bahrain IFRS12 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Bahrain IFRS13 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Bahrain IFRS14 6 - - -
Bahrain Total 90 59 60 58
India IFRS1 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
India IFRS2 2 - - -
India IFRS3 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
India IFRS4 2 - - -
India IFRS5A 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
India IFRS5B 2 - - -
India IFRS6 2 - - -
India IFRS7 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
India IFRS8C 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
India IFRS9 2 1 (50.00%) 1 (50.00%) -
India IFRS10 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
India IFRS11 2 2
(100.00%)
2
(100.00%)
2
(100.00%)
206
India IFRS12 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
India IFRS13 2 1 (50.00%) 1 (50.00%) 1 (50.00%)
India IFRS14 2 - - -
India Total 30 15 15 15
Japan IFRS1 3 1 (33.33%) 1 (33.33%) 1 (33.33%)
Japan IFRS2 3 2 (66.67%) 2 (66.67%) 2 (66.67%)
Japan IFRS3 3 - - -
Japan IFRS4 3 - - -
Japan IFRS5A 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Japan IFRS5B 3 - - -
Japan IFRS6 3 - - -
Japan IFRS7 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Japan IFRS8C 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Japan IFRS9 3 1 (33.33%) 1 (33.33%) 1 (33.33%)
Japan IFRS10 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Japan IFRS11 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Japan IFRS12 3 2 (66.67%) 2 (66.67%) 2 (66.67%)
Japan IFRS13 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Japan IFRS14 3 - - -
Japan Total 45 24 18 18
Kuwait IFRS1 6 - - -
Kuwait IFRS2 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Kuwait IFRS3 6 2 (33.33%) 2 (33.33%) 4 (66.67%)
Kuwait IFRS4 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Kuwait IFRS5A 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Kuwait IFRS5B 6 2 (33.33%) 2 (33.33%) 2 (33.33%)
Kuwait IFRS6 6 - - -
Kuwait IFRS7 6 5 (83.33%) 6
(100.00%)
6
(100.00%)
Kuwait IFRS8C 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Kuwait IFRS9 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Kuwait IFRS10 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Kuwait IFRS11 6 4 (66.67%) 4 (66.67%) 3 (50.00%)
Kuwait IFRS12 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Kuwait IFRS13 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Kuwait IFRS14 6 - - -
Kuwait Total 90 53 54 55
Oman IFRS1 6 - 1 (16.67%) -
207
Oman IFRS2 6 1 (16.67%) - -
Oman IFRS3 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Oman IFRS4 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Oman IFRS5A 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Oman IFRS5B 6 - - -
Oman IFRS6 6 - - -
Oman IFRS7 6 4 (66.67%) 3 (50.00%) 3 (50.00%)
Oman IFRS8C 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Oman IFRS9 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
Oman IFRS10 6 3 (50.00%) 4 (66.67%) 4 (66.67%)
Oman IFRS11 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
Oman IFRS12 6 3 (50.00%) 4 (66.67%) 4 (66.67%)
Oman IFRS13 6 4 (66.67%) 5 (83.33%) 5 (83.33%)
Oman IFRS14 6 - - -
Oman Total 90 37 39 38
Pakistan IFRS1 3 2 (66.67%) 1 (33.33%) 1 (33.33%)
Pakistan IFRS2 3 2 (66.67%) 2 (66.67%) 2 (66.67%)
Pakistan IFRS3 3 1 (33.33%) 1 (33.33%) 1 (33.33%)
Pakistan IFRS4 3 - - -
Pakistan IFRS5A 3 3
(100.00%)
3
(100.00%)
3
(100.00%)
Pakistan IFRS5B 3 - - -
Pakistan IFRS6 3 - - -
Pakistan IFRS7 3 3
(100.00%)
3
(100.00%)
3
(100.00%)
Pakistan IFRS8C 3 3
(100.00%)
3
(100.00%)
3
(100.00%)
Pakistan IFRS9 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Pakistan IFRS10 3 3
(100.00%)
3
(100.00%) 2 (66.67%)
Pakistan IFRS11 3 3
(100.00%)
3
(100.00%) 2 (66.67%)
Pakistan IFRS12 3 3
(100.00%)
3
(100.00%) 2 (66.67%)
Pakistan IFRS13 3 3
(100.00%) 2 (66.67%) 2 (66.67%)
Pakistan IFRS14 3 - - -
Pakistan Total 45 29 26 23
Qatar IFRS1 6 1 (16.67%) 1 (16.67%) -
Qatar IFRS2 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Qatar IFRS3 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Qatar IFRS4 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Qatar IFRS5A 6 5 (83.33%) 5 (83.33%) 4 (66.67%)
Qatar IFRS5B 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Qatar IFRS6 6 - - -
208
Qatar IFRS7 6 4 (66.67%) 4 (66.67%) 3 (50.00%)
Qatar IFRS8C 6 5 (83.33%) 5 (83.33%) 4 (66.67%)
Qatar IFRS9 6 5 (83.33%) 5 (83.33%) 4 (66.67%)
Qatar IFRS10 6 5 (83.33%) 5 (83.33%) 4 (66.67%)
Qatar IFRS11 6 5 (83.33%) 5 (83.33%) 3 (50.00%)
Qatar IFRS12 6 5 (83.33%) 5 (83.33%) 3 (50.00%)
Qatar IFRS13 6 5 (83.33%) 5 (83.33%) 3 (50.00%)
Qatar IFRS14 6 - - -
Qatar Total 90 44 44 32
Saudi Arabia IFRS1 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
Saudi Arabia IFRS2 6 - - -
Saudi Arabia IFRS3 6 - - -
Saudi Arabia IFRS4 6 - - -
Saudi Arabia IFRS5A 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
Saudi Arabia IFRS5B 6 - - -
Saudi Arabia IFRS6 6 - - -
Saudi Arabia IFRS7 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
Saudi Arabia IFRS8C 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
Saudi Arabia IFRS9 6 2 (33.33%) 2 (33.33%) 2 (33.33%)
Saudi Arabia IFRS10 6 2 (33.33%) 1 (16.67%) 1 (16.67%)
Saudi Arabia IFRS11 6 2 (33.33%) 2 (33.33%) 2 (33.33%)
Saudi Arabia IFRS12 6 2 (33.33%) 1 (16.67%) 1 (16.67%)
Saudi Arabia IFRS13 6 3 (50.00%) 2 (33.33%) 2 (33.33%)
Saudi Arabia IFRS14 6 - - -
Saudi Arabia
Total 90 23 20 20
South Korea IFRS1 6 - - -
South Korea IFRS2 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
South Korea IFRS3 6 - - -
South Korea IFRS4 6 1 (16.67%) 1 (16.67%) 1 (16.67%)
South Korea IFRS5A 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
South Korea IFRS5B 6 - - -
South Korea IFRS6 6 - - -
South Korea IFRS7 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
South Korea IFRS8C 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
South Korea IFRS9 6 - - -
South Korea IFRS10 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
South Korea IFRS11 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
South Korea IFRS12 6 4 (66.67%) 4 (66.67%) 4 (66.67%)
South Korea IFRS13 6 5 (83.33%) 5 (83.33%) 5 (83.33%)
South Korea IFRS14 6 - - -
209
South Korea Total 90 39 39 39
UAE IFRS1 6 3 (50.00%) 4 (66.67%) 3 (50.00%)
UAE IFRS2 6 4 (66.67%) 3 (50.00%) 3 (50.00%)
UAE IFRS3 6 2 (33.33%) 1 (16.67%) 3 (50.00%)
UAE IFRS4 6 3 (50.00%) 3 (50.00%) 3 (50.00%)
UAE IFRS5A 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
UAE IFRS5B 6 - - -
UAE IFRS6 6 - - -
UAE IFRS7 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
UAE IFRS8C 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
UAE IFRS9 6 6
(100.00%)
6
(100.00%)
6
(100.00%)
UAE IFRS10 6 5 (83.33%) 6
(100.00%)
6
(100.00%)
UAE IFRS11 6 5 (83.33%) 6
(100.00%)
6
(100.00%)
UAE IFRS12 6 5 (83.33%) 5 (83.33%) 6
(100.00%)
UAE IFRS13 6 6
(100.00%) 5 (83.33%)
6
(100.00%)
UAE IFRS14 6 - - -
UAE Total 90 57 57 60
TOTAL 750 380 372 358
INTERPRETATION
From above table it can be observed that, all companies from Bahrain disclosing IFRS4,
IFRS7, IFRS8C, IFRS9, IFRS12 and IFRS13 components. IFRS5A, IFRS7, IFRS8C,
IFRS10, IFRS11 components disclosed by all Indian companies. IFRS5A, IFRS7,
IFRS8C, IFRS10, IFRS11, IFRS13 components disclosed by all Japanese companies.
IFRS5A, IFRS8C, IFRS9, IFRS13 components disclosed by all Kuwait companies.
IFRS5A, IFRS9 components disclosed by all Oman companies. IFRS5A, IFRS7,
IFRS8C, IFRS9, IFRS10, IFRS11, IFRS12, IFRS13components disclosed by all
Pakistan companies. IFRS5A, IFRS8C, IFRS9, IFRS10, IFRS11, IFRS12, IFRS13
components disclosed by all Qatar companies. IFRS5A, IFRS7, IFRS8C components
disclosed by all South Korea companies. IFRS5A, IFRS7, IFRS8C, IFRS9, IFRS13
components disclosed by all UAE companies.
210
1
5
6
5
2
6 6 6
5 5
6 6
2
5
6
5
2
6 6 6
5 5
6 6
5
6
5
2
6 6 6
5 5
6 6
0
1
2
3
4
5
6
7
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : BAHRAIN
YR2013 YR2012 YR2011 NO. OF COMPANIES
1 1
2 2 2
1
2 2
1 11 1
2 2 2
1
2 2
1 11 1 1 1 1
0
0.5
1
1.5
2
2.5
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : INDIA
YR2013 YR2012 YR2011 NO. OF COMPANIES
211
1
2
3 3 3
1
3 3
2
3
1
2 2 2 2
1
2 2 2 2
1
2 2 2 2
1
2 2 2 2
0
0.5
1
1.5
2
2.5
3
3.5
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : JAPAN
YR2013 YR2012 YR2011 NO. OF COMPANIES
5
2
1
6
2
5
6 6
5
4
5
6
5
2
1
6
2
6 6 6
5
4
5
6
5
4
1
6
2
6 6 6
5
3
5
6
0
1
2
3
4
5
6
7
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : KUWAIT
YR2013 YR2012 YR2011 NO. OF COMPANIES
212
1 1 1
6
4
5
6
3 3 3
4
1 1 1
6
3
5
6
4
3
4
5
1 1
6
3
5
6
4
3
4
5
0
1
2
3
4
5
6
7
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : OMAN
YR2013 YR2012 YR2011 NO. OF COMPANIES
2 2
1
3 3 3 3 3 3 3 3
1
2
1
3 3 3
2
3 3 3
2
1
2
1
3 3 3
2 2 2 2 2
0
0.5
1
1.5
2
2.5
3
3.5
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : PAKISTAN
YR2013 YR2012 YR2011 NO. OF COMPANIES
213
1 1 1 1
5
1
4
5 5 5 5 5 5
1 1 1 1
5
1
4
5 5 5 5 5 5
1 1 1
4
1
3
4 4 4
3 3 3
0
1
2
3
4
5
6
7
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : QATAR
YR2013 YR2012 YR2011 NO. OF COMPANIES
1
5
3 3
2 2 2 2
3
1
5
3 3
2
1
2
1
2
1
5
3 3
2
1
2
1
2
0
1
2
3
4
5
6
7
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : SAUDI ARABIA
YR2013 YR2012 YR2011 NO. OF COMPANIES
214
1 1
6 6 6
5 5
4
5
1 1
6 6 6
5 5
4
5
1 1
6 6 6
5 5
4
5
0
1
2
3
4
5
6
7
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : SOUTH KOREA
YR2013 YR2012 YR2011 NO. OF COMPANIES
3
4
2
3
6 6 6 6
5 5 5
6
4
3
1
3
6 6 6 6 6 6
5 5
3 3 3 3
6 6 6 6 6 6 6 6
0
1
2
3
4
5
6
7
IFRS1 IFRS2 IFRS3 IFRS4 IFRS5A IFRS5B IFRS6 IFRS7 IFRS8C IFRS9 IFRS10 IFRS11 IFRS12 IFRS13 IFRS14
COUNTRY VS IFRS : UAE
YR2013 YR2012 YR2011 NO. OF COMPANIES
215
3.8 Disclosure of IFRS Components by Industry and IFRS Components Type
Described disclosure of IFRS components by year and by IFRS Components within Industry
Table 22 - Disclosure of IFRS components by industry and IFRS components type
IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
IFRS1 14 1 (7.14%) 4 (28.57%) 1 (7.14%)
IFRS2 14 4 (28.57%) 4 (28.57%) 4 (28.57%)
IFRS3 14 5 (35.71%) 5 (35.71%) 6 (42.86%)
IFRS4 14 3 (21.43%) 3 (21.43%) 3 (21.43%)
IFRS5A 14 13 (92.86%) 13 (92.86%) 13 (92.86%)
IFRS5B 14 1 (7.14%) 1 (7.14%) 1 (7.14%)
IFRS6 14 - - -
IFRS7 14 13 (92.86%) 13 (92.86%) 13 (92.86%)
IFRS8C 14 13 (92.86%) 13 (92.86%) 13 (92.86%)
IFRS9 14 12 (85.71%) 12 (85.71%) 12 (85.71%)
IFRS10 14 12 (85.71%) 11 (78.57%) 11 (78.57%)
IFRS11 14 9 (64.29%) 9 (64.29%) 9 (64.29%)
IFRS12 14 12 (85.71%) 11 (78.57%) 11 (78.57%)
IFRS13 14 14 (100.00%) 13 (92.86%) 13 (92.86%)
IFRS14 14 - - -
210 112 112 110
IFRS1 11 2 (18.18%) 2 (18.18%) 1 (9.09%)
IFRS2 11 3 (27.27%) 2 (18.18%) 2 (18.18%)
IFRS3 11 2 (18.18%) 1 (9.09%) 3 (27.27%)
IFRS4 11 7 (63.64%) 7 (63.64%) 7 (63.64%)
IFRS5A 11 10 (90.91%) 10 (90.91%) 10 (90.91%)
IFRS5B 11 - - -
IFRS6 11 - - -
IFRS7 11 8 (72.73%) 8 (72.73%) 8 (72.73%)
IFRS8C 11 10 (90.91%) 10 (90.91%) 10 (90.91%)
IFRS9 11 6 (54.55%) 6 (54.55%) 6 (54.55%)
IFRS10 11 6 (54.55%) 8 (72.73%) 8 (72.73%)
IFRS11 11 6 (54.55%) 7 (63.64%) 6 (54.55%)
IFRS12 11 6 (54.55%) 7 (63.64%) 8 (72.73%)
IFRS13 11 8 (72.73%) 8 (72.73%) 8 (72.73%)
IFRS14 11 - - -
165 74 76 77
IFRS1 25 7 (28.00%) 6 (24.00%) 6 (24.00%)
IFRS2 25 9 (36.00%) 8 (32.00%) 8 (32.00%)
216
IFRS3 25 6 (24.00%) 6 (24.00%) 6 (24.00%)
IFRS4 25 3 (12.00%) 3 (12.00%) 3 (12.00%)
IFRS5A 25 24 (96.00%) 23 (92.00%) 23 (92.00%)
IFRS5B 25 4 (16.00%) 4 (16.00%) 4 (16.00%)
IFRS6 25 - - -
IFRS7 25 21 (84.00%) 20 (80.00%) 19 (76.00%)
IFRS8C 25 22 (88.00%) 21 (84.00%) 20 (80.00%)
IFRS9 25 18 (72.00%) 17 (68.00%) 16 (64.00%)
IFRS10 25 20 (80.00%) 19 (76.00%) 16 (64.00%)
IFRS11 25 22 (88.00%) 21 (84.00%) 18 (72.00%)
IFRS12 25 18 (72.00%) 18 (72.00%) 15 (60.00%)
IFRS13 25 20 (80.00%) 18 (72.00%) 17 (68.00%)
IFRS14 25 - - -
375 194 184 171
750 380 372 358
INTERPRETATION
From above table it can be concluded that IFRS13, IFRS5A, IFRS7, IFRS8C
components disclosed most in Financial companies whereas IFRS5B and IFRS1 least
disclosed components, it also been observed that IFRS5A, IFRS8C, IFRS7 and IFRS13
components disclosed most in Insurance companies whereas IFRS3 and IFRS1 least
disclosed components. IFRS5A, IFRS8C, IFRS7 and IFRS11 components disclosed
most in Non-Financial companies whereas IFRS4 and IFRS5B least disclosed
components.
217
3.9 Disclosure of IFRS Components by IFRS Components Type and Industry
Table 23 - Disclosure of IFRS Components by IFRS Components Type and Industry
IFRS INDUSTRY NO. OF
COMPANIES YR2013 YR2012 YR2011
IFRS 1 Financial 14 1 (7.14%) 4 (28.57%) 1 (7.14%)
IFRS 1 Insurance 11 2 (18.18%) 2 (18.18%) 1 (9.09%)
IFRS 1 Non-Financial 25 7 (28.00%) 6 (24.00%) 6 (24.00%)
IFRS 1
TOTAL 50 10 12 8
IFRS 2 Financial 14 4 (28.57%) 4 (28.57%) 4 (28.57%)
IFRS 2 Insurance 11 3 (27.27%) 2 (18.18%) 2 (18.18%)
IFRS 2 Non-Financial 25 9 (36.00%) 8 (32.00%) 8 (32.00%)
IFRS 2
TOTAL 50 16 14 14
IFRS 3 Financial 14 5 (35.71%) 5 (35.71%) 6 (42.86%)
IFRS 3 Insurance 11 2 (18.18%) 1 (9.09%) 3 (27.27%)
IFRS 3 Non-Financial 25 6 (24.00%) 6 (24.00%) 6 (24.00%)
IFRS 3
TOTAL 50 13 12 15
IFRS 4 Financial 14 3 (21.43%) 3 (21.43%) 3 (21.43%)
IFRS 4 Insurance 11 7 (63.64%) 7 (63.64%) 7 (63.64%)
IFRS 4 Non-Financial 25 3 (12.00%) 3 (12.00%) 3 (12.00%)
IFRS 4
TOTAL 50 13 13 13
IFRS 5A Financial 14 13 (92.86%) 13 (92.86%) 13
(92.86%)
IFRS 5A Insurance 11 10 (90.91%) 10 (90.91%) 10
(90.91%)
IFRS 5A Non-Financial 25 24 (96.00%) 23 (92.00%) 23
(92.00%)
IFRS 5A
TOTAL 50 47 46 46
IFRS 5B Financial 14 1 (7.14%) 1 (7.14%) 1 (7.14%)
IFRS 5B Insurance 11 - - -
IFRS 5B Non-Financial 25 4 (16.00%) 4 (16.00%) 4 (16.00%)
IFRS 5B
TOTAL 50 5 (10.00%) 5 (10.00%) 5 (10.00%)
IFRS 6 Financial 14 - - -
IFRS 6 Insurance 11 - - -
IFRS 6 Non-Financial 25 - - -
IFRS 6
TOTAL 50 - - -
IFRS 7 Financial 14 13 (92.86%) 13 (92.86%) 13
(92.86%)
IFRS 7 Insurance 11 8 (72.73%) 8 (72.73%) 8 (72.73%)
IFRS 7 Non-Financial 25 21 (84.00%) 20 (80.00%) 19
(76.00%)
IFRS 7
TOTAL 50 42 41 40
218
IFRS 8C Financial 14 13 (92.86%) 13 (92.86%) 13
(92.86%)
IFRS 8C Insurance 11 10 (90.91%) 10 (90.91%) 10
(90.91%)
IFRS 8C Non-Financial 25 22 (88.00%) 21 (84.00%) 20
(80.00%)
IFRS 8C
TOTAL 50 45 44 43
IFRS 9 Financial 14 12 (85.71%) 12 (85.71%) 12
(85.71%)
IFRS 9 Insurance 11 6 (54.55%) 6 (54.55%) 6 (54.55%)
IFRS 9 Non-Financial 25 18 (72.00%) 17 (68.00%) 16
(64.00%)
IFRS 9
TOTAL 50 36 35 34
IFRS 10 Financial 14 12 (85.71%) 11 (78.57%) 11
(78.57%)
IFRS 10 Insurance 11 6 (54.55%) 8 (72.73%) 8 (72.73%)
IFRS 10 Non-Financial 25 20 (80.00%) 19 (76.00%) 17
(68.00%)
IFRS 10
TOTAL 50 38 38 36
IFRS 11 Financial 14 9 (64.29%) 9 (64.29%) 9 (64.29%)
IFRS 11 Insurance 11 6 (54.55%) 7 (63.64%) 6 (54.55%)
IFRS 11 Non-Financial 25 22 (88.00%) 21 (84.00%) 18
(72.00%)
IFRS 11
TOTAL 50 37 37 33
IFRS 12 Financial 14 12 (85.71%) 11 (78.57%) 11
(78.57%)
IFRS 12 Insurance 11 6 (54.55%) 7 (63.64%) 8 (72.73%)
IFRS 12 Non-Financial 25 18 (72.00%) 18 (72.00%) 15
(60.00%)
IFRS 12
TOTAL 50 36 36 34
IFRS 13 Financial 14 14 (100.00%) 13 (92.86%) 13
(92.86%)
IFRS 13 Insurance 11 8 (72.73%) 8 (72.73%) 8 (72.73%)
IFRS 13 Non-Financial 25 20 (80.00%) 18 (72.00%) 16
(64.00%)
IFRS 13
TOTAL 50 42 39 37
IFRS 14 Financial 14 - - -
IFRS 14 Insurance 11 - - -
IFRS 14 Non-Financial 25 - - -
IFRS 14
TOTAL 50 - - -
TOTAL 750 380 372 358
219
INTERPRETATION
From the above table it can be observed that, IFRS1 disclosed most in Non-Financial
companies whereas least disclosed in Financial companies. It also been observed that,
IFRS2 disclosed most in Non-Financial companies whereas least disclosed in Insurance
companies. IFRS 3 disclosed most in Financial companies whereas least disclosed in
Insurance companies. IFRS 4 disclosed most in Insurance companies whereas least
disclosed in Non-Financial companies. IFRS5A disclosed most in Non-Financial
companies whereas least disclosed in Insurance companies. IFRS5B disclosed most in
Non-Financial companies whereas least disclosed in Insurance companies. IFRS 6 not
disclosed by any companies taken under study. IFRS7 disclosed most in Financial
companies whereas least disclosed in Insurance companies. IFRS8C disclosed most in
Financial companies whereas least disclosed in Non-Financial companies. IFRS9
disclosed most in Financial companies whereas least disclosed in Insurance companies.
IFRS10 disclosed most in Non-Financial companies whereas least disclosed in
Insurance companies. IFRS11 disclosed most in Non-Financial companies whereas
least disclosed in Insurance companies. IFRS12 disclosed most in Financial companies
whereas least disclosed in Insurance companies. IFRS13 disclosed by all Financial
companies whereas least disclosed in Insurance companies. IFRS 6 not disclosed by
any companies taken under study
220
3.10 Disclosure of IFRS Components by country and Industry
Table 24 - Disclosure of IFRS Components by Country, Industry
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Bahrain Financial IFRS1 2 - 1 -
Bahrain Financial IFRS2 2 - - -
Bahrain Financial IFRS3 2 2 2 2
Bahrain Financial IFRS4 2 2 2 2
Bahrain Financial IFRS5A 2 1 1 1
Bahrain Financial IFRS5B 2 - - -
Bahrain Financial IFRS6 2 - - -
Bahrain Financial IFRS7 2 2 2 2
Bahrain Financial IFRS8C 2 2 2 2
Bahrain Financial IFRS9 2 2 2 2
Bahrain Financial IFRS10 2 2 2 2
Bahrain Financial IFRS11 2 2 2 2
Bahrain Financial IFRS12 2 2 2 2
Bahrain Financial IFRS13 2 2 2 2
Bahrain Financial IFRS14 2 - - -
Bahrain Financial Total 30 19 20 19
Bahrain Insurance IFRS1 1 1 1 -
Bahrain Insurance IFRS2 1 - - -
Bahrain Insurance IFRS3 1 1 1 1
Bahrain Insurance IFRS4 1 1 1 1
Bahrain Insurance IFRS5A 1 1 1 1
Bahrain Insurance IFRS5B 1 - - -
Bahrain Insurance IFRS6 1 - - -
Bahrain Insurance IFRS7 1 1 1 1
Bahrain Insurance IFRS8C 1 1 1 1
Bahrain Insurance IFRS9 1 1 1 1
Bahrain Insurance IFRS10 1 1 1 1
Bahrain Insurance IFRS11 1 1 1 1
Bahrain Insurance IFRS12 1 1 1 1
Bahrain Insurance IFRS13 1 1 1 1
Bahrain Insurance IFRS14 1 - - -
Bahrain Insurance Total 15 11 11 10
Bahrain Non-Financial IFRS1 3 - - -
Bahrain Non-Financial IFRS2 3 - - -
Bahrain Non-Financial IFRS3 3 2 2 2
Bahrain Non-Financial IFRS4 3 3 3 3
221
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Bahrain Non-Financial IFRS5A 3 3 3 3
Bahrain Non-Financial IFRS5B 3 2 2 2
Bahrain Non-Financial IFRS6 3 - - -
Bahrain Non-Financial IFRS7 3 3 3 3
Bahrain Non-Financial IFRS8C 3 3 3 3
Bahrain Non-Financial IFRS9 3 3 3 3
Bahrain Non-Financial IFRS10 3 2 2 2
Bahrain Non-Financial IFRS11 3 2 2 2
Bahrain Non-Financial IFRS12 3 3 3 3
Bahrain Non-Financial IFRS13 3 3 3 3
Bahrain Non-Financial IFRS14 3 - - -
Bahrain Non-Financial
Total 45 29 29 29
Bahrain
Total 90 59 60 58
India Non-Financial IFRS1 2 1 1 1
India Non-Financial IFRS2 2 - - -
India Non-Financial IFRS3 2 1 1 1
India Non-Financial IFRS4 2 - - -
India Non-Financial IFRS5A 2 2 2 2
India Non-Financial IFRS5B 2 - - -
India Non-Financial IFRS6 2 - - -
India Non-Financial IFRS7 2 2 2 2
India Non-Financial IFRS8C 2 2 2 2
India Non-Financial IFRS9 2 1 1 1
India Non-Financial IFRS10 2 2 2 2
India Non-Financial IFRS11 2 2 2 2
India Non-Financial IFRS12 2 1 1 1
India Non-Financial IFRS13 2 1 1 1
India Non-Financial IFRS14 2 - - -
India Non-Financial
Total 30 15 15 15
India Total 30 15 15 15
Japan Financial IFRS1 1 - - -
Japan Financial IFRS2 1 1 1 1
Japan Financial IFRS3 1 - - -
Japan Financial IFRS4 1 - - -
Japan Financial IFRS5A 1 1 1 1
Japan Financial IFRS5B 1 - - -
Japan Financial IFRS6 1 - - -
Japan Financial IFRS7 1 1 1 1
Japan Financial IFRS8C 1 1 1 1
222
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Japan Financial IFRS9 1 - - -
Japan Financial IFRS10 1 1 1 1
Japan Financial IFRS11 1 1 1 1
Japan Financial IFRS12 1 1 1 1
Japan Financial IFRS13 1 1 1 1
Japan Financial IFRS14 1 - - -
Japan Financial Total 15 8 8 8
Japan Non-Financial IFRS1 2 1 1 1
Japan Non-Financial IFRS2 2 1 1 1
Japan Non-Financial IFRS3 2 - - -
Japan Non-Financial IFRS4 2 - - -
Japan Non-Financial IFRS5A 2 2 1 1
Japan Non-Financial IFRS5B 2 - - -
Japan Non-Financial IFRS6 2 - - -
Japan Non-Financial IFRS7 2 2 1 1
Japan Non-Financial IFRS8C 2 2 1 1
Japan Non-Financial IFRS9 2 1 1 1
Japan Non-Financial IFRS10 2 2 1 1
Japan Non-Financial IFRS11 2 2 1 1
Japan Non-Financial IFRS12 2 1 1 1
Japan Non-Financial IFRS13 2 2 1 1
Japan Non-Financial IFRS14 2 - - -
Japan Non-Financial
Total 30 16 10 10
Japan Total 45 24 18 18
Kuwait Financial IFRS1 3 - - -
Kuwait Financial IFRS2 3 2 2 2
Kuwait Financial IFRS3 3 2 2 2
Kuwait Financial IFRS4 3 - - -
Kuwait Financial IFRS5A 3 3 3 3
Kuwait Financial IFRS5B 3 1 1 1
Kuwait Financial IFRS6 3 - - -
Kuwait Financial IFRS7 3 2 3 3
Kuwait Financial IFRS8C 3 3 3 3
Kuwait Financial IFRS9 3 3 3 3
Kuwait Financial IFRS10 3 2 2 2
Kuwait Financial IFRS11 3 1 1 1
Kuwait Financial IFRS12 3 2 2 2
Kuwait Financial IFRS13 3 3 3 3
Kuwait Financial IFRS14 3 - - -
Kuwait Financial Total 45 24 25 25
223
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Kuwait Insurance IFRS1 1 - - -
Kuwait Insurance IFRS2 1 1 1 1
Kuwait Insurance IFRS3 1 - - 1
Kuwait Insurance IFRS4 1 1 1 1
Kuwait Insurance IFRS5A 1 1 1 1
Kuwait Insurance IFRS5B 1 - - -
Kuwait Insurance IFRS6 1 - - -
Kuwait Insurance IFRS7 1 1 1 1
Kuwait Insurance IFRS8C 1 1 1 1
Kuwait Insurance IFRS9 1 1 1 1
Kuwait Insurance IFRS10 1 1 1 1
Kuwait Insurance IFRS11 1 1 1 -
Kuwait Insurance IFRS12 1 1 1 1
Kuwait Insurance IFRS13 1 1 1 1
Kuwait Insurance IFRS14 1 - - -
Kuwait Insurance Total 15 10 10 10
Kuwait Non-Financial IFRS1 2 - - -
Kuwait Non-Financial IFRS2 2 2 2 2
Kuwait Non-Financial IFRS3 2 - - 1
Kuwait Non-Financial IFRS4 2 - - -
Kuwait Non-Financial IFRS5A 2 2 2 2
Kuwait Non-Financial IFRS5B 2 1 1 1
Kuwait Non-Financial IFRS6 2 - - -
Kuwait Non-Financial IFRS7 2 2 2 2
Kuwait Non-Financial IFRS8C 2 2 2 2
Kuwait Non-Financial IFRS9 2 2 2 2
Kuwait Non-Financial IFRS10 2 2 2 2
Kuwait Non-Financial IFRS11 2 2 2 2
Kuwait Non-Financial IFRS12 2 2 2 2
Kuwait Non-Financial IFRS13 2 2 2 2
Kuwait Non-Financial IFRS14 2 - - -
Kuwait Non-Financial
Total 30 19 19 20
Kuwait
Total 90 53 54 55
Oman Financial IFRS1 2 - 1 -
Oman Financial IFRS2 2 - - -
Oman Financial IFRS3 2 - - -
Oman Financial IFRS4 2 - - -
Oman Financial IFRS5A 2 2 2 2
Oman Financial IFRS5B 2 - - -
224
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Oman Financial IFRS6 2 - - -
Oman Financial IFRS7 2 2 1 1
Oman Financial IFRS8C 2 1 1 1
Oman Financial IFRS9 2 2 2 2
Oman Financial IFRS10 2 1 1 1
Oman Financial IFRS11 2 1 1 1
Oman Financial IFRS12 2 1 1 1
Oman Financial IFRS13 2 2 2 2
Oman Financial IFRS14 2 - - -
Oman Financial Total 30 12 12 11
Oman Insurance IFRS1 1 - - -
Oman Insurance IFRS2 1 - - -
Oman Insurance IFRS3 1 - - -
Oman Insurance IFRS4 1 1 1 1
Oman Insurance IFRS5A 1 1 1 1
Oman Insurance IFRS5B 1 - - -
Oman Insurance IFRS6 1 - - -
Oman Insurance IFRS7 1 - - -
Oman Insurance IFRS8C 1 1 1 1
Oman Insurance IFRS9 1 1 1 1
Oman Insurance IFRS10 1 - 1 1
Oman Insurance IFRS11 1 - - -
Oman Insurance IFRS12 1 - 1 1
Oman Insurance IFRS13 1 - 1 1
Oman Insurance IFRS14 1 - - -
Oman Insurance Total 15 4 7 7
Oman Non-Financial IFRS1 3 - - -
Oman Non-Financial IFRS2 3 1 - -
Oman Non-Financial IFRS3 3 1 1 1
Oman Non-Financial IFRS4 3 - - -
Oman Non-Financial IFRS5A 3 3 3 3
Oman Non-Financial IFRS5B 3 - - -
Oman Non-Financial IFRS6 3 - - -
Oman Non-Financial IFRS7 3 2 2 2
Oman Non-Financial IFRS8C 3 3 3 3
Oman Non-Financial IFRS9 3 3 3 3
Oman Non-Financial IFRS10 3 2 2 2
Oman Non-Financial IFRS11 3 2 2 2
Oman Non-Financial IFRS12 3 2 2 2
Oman Non-Financial IFRS13 3 2 2 2
225
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Oman Non-Financial IFRS14 3 - - -
Oman Non-Financial
Total 45 21 20 20
Oman Total 90 37 39 38
Pakistan Non-Financial IFRS1 3 2 1 1
Pakistan Non-Financial IFRS2 3 2 2 2
Pakistan Non-Financial IFRS3 3 1 1 1
Pakistan Non-Financial IFRS4 3 - - -
Pakistan Non-Financial IFRS5A 3 3 3 3
Pakistan Non-Financial IFRS5B 3 - - -
Pakistan Non-Financial IFRS6 3 - - -
Pakistan Non-Financial IFRS7 3 3 3 3
Pakistan Non-Financial IFRS8C 3 3 3 3
Pakistan Non-Financial IFRS9 3 3 2 2
Pakistan Non-Financial IFRS10 3 3 3 2
Pakistan Non-Financial IFRS11 3 3 3 2
Pakistan Non-Financial IFRS12 3 3 3 2
Pakistan Non-Financial IFRS13 3 3 2 2
Pakistan Non-Financial IFRS14 3 - - -
Pakistan Non-Financial
Total 45 29 26 23
Pakistan
Total 45 29 26 23
Qatar Financial IFRS1 1 - - -
Qatar Financial IFRS2 1 - - -
Qatar Financial IFRS3 1 1 1 1
Qatar Financial IFRS4 1 - - -
Qatar Financial IFRS5A 1 1 1 1
Qatar Financial IFRS5B 1 - - -
Qatar Financial IFRS6 1 - - -
Qatar Financial IFRS7 1 1 1 1
Qatar Financial IFRS8C 1 1 1 1
Qatar Financial IFRS9 1 1 1 1
Qatar Financial IFRS10 1 1 1 1
Qatar Financial IFRS11 1 1 1 1
Qatar Financial IFRS12 1 1 1 1
Qatar Financial IFRS13 1 1 1 1
Qatar Financial IFRS14 1 - - -
Qatar Financial Total 15 9 9 9
Qatar Insurance IFRS1 1 - - -
Qatar Insurance IFRS2 1 - - -
Qatar Insurance IFRS3 1 - - -
226
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Qatar Insurance IFRS4 1 1 1 1
Qatar Insurance IFRS5A 1 1 1 1
Qatar Insurance IFRS5B 1 - - -
Qatar Insurance IFRS6 1 - - -
Qatar Insurance IFRS7 1 - - -
Qatar Insurance IFRS8C 1 1 1 1
Qatar Insurance IFRS9 1 1 1 1
Qatar Insurance IFRS10 1 1 1 1
Qatar Insurance IFRS11 1 1 1 1
Qatar Insurance IFRS12 1 1 1 1
Qatar Insurance IFRS13 1 1 1 -
Qatar Insurance IFRS14 1 - - -
Qatar Insurance Total 15 8 8 7
Qatar Non-Financial IFRS1 4 1 1 -
Qatar Non-Financial IFRS2 4 1 1 1
Qatar Non-Financial IFRS3 4 - - -
Qatar Non-Financial IFRS4 4 - - -
Qatar Non-Financial IFRS5A 4 3 3 2
Qatar Non-Financial IFRS5B 4 1 1 1
Qatar Non-Financial IFRS6 4 - - -
Qatar Non-Financial IFRS7 4 3 3 2
Qatar Non-Financial IFRS8C 4 3 3 2
Qatar Non-Financial IFRS9 4 3 3 2
Qatar Non-Financial IFRS10 4 3 3 2
Qatar Non-Financial IFRS11 4 3 3 1
Qatar Non-Financial IFRS12 4 3 3 1
Qatar Non-Financial IFRS13 4 3 3 2
Qatar Non-Financial IFRS14 4 - - -
Qatar Non-Financial
Total 60 27 27 16
Qatar Total 90 44 44 32
Saudi
Arabia Financial IFRS1 2 1 1 1
Saudi
Arabia Financial IFRS2 2 - - -
Saudi
Arabia Financial IFRS3 2 - - -
Saudi
Arabia Financial IFRS4 2 - - -
Saudi
Arabia Financial IFRS5A 2 2 2 2
Saudi
Arabia Financial IFRS5B 2 - - -
Saudi
Arabia Financial IFRS6 2 - - -
227
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Saudi
Arabia Financial IFRS7 2 2 2 2
Saudi
Arabia Financial IFRS8C 2 2 2 2
Saudi
Arabia Financial IFRS9 2 2 2 2
Saudi
Arabia Financial IFRS10 2 2 1 1
Saudi
Arabia Financial IFRS11 2 - - -
Saudi
Arabia Financial IFRS12 2 2 1 1
Saudi
Arabia Financial IFRS13 2 2 1 1
Saudi
Arabia Financial IFRS14 2 - - -
Saudi
Arabia Financial Total 30 15 12 12
Saudi
Arabia Insurance IFRS1 2 - - -
Saudi
Arabia Insurance IFRS2 2 - - -
Saudi
Arabia Insurance IFRS3 2 - - -
Saudi
Arabia Insurance IFRS4 2 - - -
Saudi
Arabia Insurance IFRS5A 2 1 1 1
Saudi
Arabia Insurance IFRS5B 2 - - -
Saudi
Arabia Insurance IFRS6 2 - - -
Saudi
Arabia Insurance IFRS7 2 1 1 1
Saudi
Arabia Insurance IFRS8C 2 1 1 1
Saudi
Arabia Insurance IFRS9 2 - - -
Saudi
Arabia Insurance IFRS10 2 - - -
Saudi
Arabia Insurance IFRS11 2 - - -
Saudi
Arabia Insurance IFRS12 2 - - -
Saudi
Arabia Insurance IFRS13 2 1 1 1
Saudi
Arabia Insurance IFRS14 2 - - -
Saudi
Arabia Insurance Total 30 4 4 4
Saudi
Arabia Non-Financial IFRS1 2 - - -
Saudi
Arabia Non-Financial IFRS2 2 - - -
Saudi
Arabia Non-Financial IFRS3 2 - - -
Saudi
Arabia Non-Financial IFRS4 2 - - -
Saudi
Arabia Non-Financial IFRS5A 2 2 2 2
Saudi
Arabia Non-Financial IFRS5B 2 - - -
228
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
Saudi
Arabia Non-Financial IFRS6 2 - - -
Saudi
Arabia Non-Financial IFRS7 2 - - -
Saudi
Arabia Non-Financial IFRS8C 2 - - -
Saudi
Arabia Non-Financial IFRS9 2 - - -
Saudi
Arabia Non-Financial IFRS10 2 - - -
Saudi
Arabia Non-Financial IFRS11 2 2 2 2
Saudi
Arabia Non-Financial IFRS12 2 - - -
Saudi
Arabia Non-Financial IFRS13 2 - - -
Saudi
Arabia Non-Financial IFRS14 2 - - -
Saudi
Arabia
Non-Financial
Total 30 4 4 4
Saudi
Arabia
Total
90 23 20 20
South
Korea Financial IFRS1 1 - - -
South
Korea Financial IFRS2 1 - - -
South
Korea Financial IFRS3 1 - - -
South
Korea Financial IFRS4 1 - - -
South
Korea Financial IFRS5A 1 1 1 1
South
Korea Financial IFRS5B 1 - - -
South
Korea Financial IFRS6 1 - - -
South
Korea Financial IFRS7 1 1 1 1
South
Korea Financial IFRS8C 1 1 1 1
South
Korea Financial IFRS9 1 - - -
South
Korea Financial IFRS10 1 1 1 1
South
Korea Financial IFRS11 1 1 1 1
South
Korea Financial IFRS12 1 1 1 1
South
Korea Financial IFRS13 1 1 1 1
South
Korea Financial IFRS14 1 - - -
South
Korea Financial Total 15 7 7 7
South
Korea Insurance IFRS1 3 - - -
South
Korea Insurance IFRS2 3 1 1 1
South
Korea Insurance IFRS3 3 - - -
229
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
South
Korea Insurance IFRS4 3 1 1 1
South
Korea Insurance IFRS5A 3 3 3 3
South
Korea Insurance IFRS5B 3 - - -
South
Korea Insurance IFRS6 3 - - -
South
Korea Insurance IFRS7 3 3 3 3
South
Korea Insurance IFRS8C 3 3 3 3
South
Korea Insurance IFRS9 3 - - -
South
Korea Insurance IFRS10 3 2 2 2
South
Korea Insurance IFRS11 3 2 2 2
South
Korea Insurance IFRS12 3 2 2 2
South
Korea Insurance IFRS13 3 2 2 2
South
Korea Insurance IFRS14 3 - - -
South
Korea Insurance Total 45 19 19 19
South
Korea Non-Financial IFRS1 2 - - -
South
Korea Non-Financial IFRS2 2 - - -
South
Korea Non-Financial IFRS3 2 - - -
South
Korea Non-Financial IFRS4 2 - - -
South
Korea Non-Financial IFRS5A 2 2 2 2
South
Korea Non-Financial IFRS5B 2 - - -
South
Korea Non-Financial IFRS6 2 - - -
South
Korea Non-Financial IFRS7 2 2 2 2
South
Korea Non-Financial IFRS8C 2 2 2 2
South
Korea Non-Financial IFRS9 2 - - -
South
Korea Non-Financial IFRS10 2 2 2 2
South
Korea Non-Financial IFRS11 2 2 2 2
South
Korea Non-Financial IFRS12 2 1 1 1
South
Korea Non-Financial IFRS13 2 2 2 2
South
Korea Non-Financial IFRS14 2 - - -
South
Korea
Non-Financial
Total 30 13 13 13
South
Korea Total 90 39 39 39
UAE Financial IFRS1 2 - 1 -
230
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
UAE Financial IFRS2 2 1 1 1
UAE Financial IFRS3 2 - - 1
UAE Financial IFRS4 2 1 1 1
UAE Financial IFRS5A 2 2 2 2
UAE Financial IFRS5B 2 - - -
UAE Financial IFRS6 2 - - -
UAE Financial IFRS7 2 2 2 2
UAE Financial IFRS8C 2 2 2 2
UAE Financial IFRS9 2 2 2 2
UAE Financial IFRS10 2 2 2 2
UAE Financial IFRS11 2 2 2 2
UAE Financial IFRS12 2 2 2 2
UAE Financial IFRS13 2 2 2 2
UAE Financial IFRS14 2 - - -
UAE Financial Total 30 18 19 19
UAE Insurance IFRS1 2 1 1 1
UAE Insurance IFRS2 2 1 - -
UAE Insurance IFRS3 2 1 - 1
UAE Insurance IFRS4 2 2 2 2
UAE Insurance IFRS5A 2 2 2 2
UAE Insurance IFRS5B 2 - - -
UAE Insurance IFRS6 2 - - -
UAE Insurance IFRS7 2 2 2 2
UAE Insurance IFRS8C 2 2 2 2
UAE Insurance IFRS9 2 2 2 2
UAE Insurance IFRS10 2 1 2 2
UAE Insurance IFRS11 2 1 2 2
UAE Insurance IFRS12 2 1 1 2
UAE Insurance IFRS13 2 2 1 2
UAE Insurance IFRS14 2 - - -
UAE Insurance Total 30 18 17 20
UAE Non-Financial IFRS1 2 2 2 2
UAE Non-Financial IFRS2 2 2 2 2
UAE Non-Financial IFRS3 2 1 1 1
UAE Non-Financial IFRS4 2 - - -
UAE Non-Financial IFRS5A 2 2 2 2
UAE Non-Financial IFRS5B 2 - - -
UAE Non-Financial IFRS6 2 - - -
UAE Non-Financial IFRS7 2 2 2 2
UAE Non-Financial IFRS8C 2 2 2 2
231
COUNTRY INDUSTRY IFRS NO. OF
COMPANIES YR2013 YR2012 YR2011
UAE Non-Financial IFRS9 2 2 2 2
UAE Non-Financial IFRS10 2 2 2 2
UAE Non-Financial IFRS11 2 2 2 2
UAE Non-Financial IFRS12 2 2 2 2
UAE Non-Financial IFRS13 2 2 2 2
UAE Non-Financial IFRS14 2 - - -
UAE Non-Financial
Total 30 21 21 21
UAE Total 90 57 57 60
TOTAL 750 380 372 358
232
3.11 Disclosure of IFRS Components by Industry and Country
Table 25 - Disclosure of IFRS Components by Industry and Country
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Financial Bahrain IFRS1 2 - 1 -
Financial Bahrain IFRS2 2 - - -
Financial Bahrain IFRS3 2 2 2 2
Financial Bahrain IFRS4 2 2 2 2
Financial Bahrain IFRS5A 2 1 1 1
Financial Bahrain IFRS5B 2 - - -
Financial Bahrain IFRS6 2 - - -
Financial Bahrain IFRS7 2 2 2 2
Financial Bahrain IFRS8C 2 2 2 2
Financial Bahrain IFRS9 2 2 2 2
Financial Bahrain IFRS10 2 2 2 2
Financial Bahrain IFRS11 2 2 2 2
Financial Bahrain IFRS12 2 2 2 2
Financial Bahrain IFRS13 2 2 2 2
Financial Bahrain IFRS14 2 - - -
Financial Bahrain Total 30 19 20 19
Financial Japan IFRS1 1 - - -
Financial Japan IFRS2 1 1 1 1
Financial Japan IFRS3 1 - - -
Financial Japan IFRS4 1 - - -
Financial Japan IFRS5A 1 1 1 1
Financial Japan IFRS5B 1 - - -
Financial Japan IFRS6 1 - - -
Financial Japan IFRS7 1 1 1 1
Financial Japan IFRS8C 1 1 1 1
Financial Japan IFRS9 1 - - -
Financial Japan IFRS10 1 1 1 1
Financial Japan IFRS11 1 1 1 1
Financial Japan IFRS12 1 1 1 1
Financial Japan IFRS13 1 1 1 1
Financial Japan IFRS14 1 - - -
Financial Japan Total 15 8 8 8
Financial Kuwait IFRS1 3 - - -
Financial Kuwait IFRS2 3 2 2 2
Financial Kuwait IFRS3 3 2 2 2
233
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Financial Kuwait IFRS4 3 - - -
Financial Kuwait IFRS5A 3 3 3 3
Financial Kuwait IFRS5B 3 1 1 1
Financial Kuwait IFRS6 3 - - -
Financial Kuwait IFRS7 3 2 3 3
Financial Kuwait IFRS8C 3 3 3 3
Financial Kuwait IFRS9 3 3 3 3
Financial Kuwait IFRS10 3 2 2 2
Financial Kuwait IFRS11 3 1 1 1
Financial Kuwait IFRS12 3 2 2 2
Financial Kuwait IFRS13 3 3 3 3
Financial Kuwait IFRS14 3 - - -
Financial Kuwait Total 45 24 25 25
Financial Oman IFRS1 2 - 1 -
Financial Oman IFRS2 2 - - -
Financial Oman IFRS3 2 - - -
Financial Oman IFRS4 2 - - -
Financial Oman IFRS5A 2 2 2 2
Financial Oman IFRS5B 2 - - -
Financial Oman IFRS6 2 - - -
Financial Oman IFRS7 2 2 1 1
Financial Oman IFRS8C 2 1 1 1
Financial Oman IFRS9 2 2 2 2
Financial Oman IFRS10 2 1 1 1
Financial Oman IFRS11 2 1 1 1
Financial Oman IFRS12 2 1 1 1
Financial Oman IFRS13 2 2 2 2
Financial Oman IFRS14 2 - - -
Financial Oman Total 30 12 12 11
Financial Qatar IFRS1 1 - - -
Financial Qatar IFRS2 1 - - -
Financial Qatar IFRS3 1 1 1 1
Financial Qatar IFRS4 1 - - -
Financial Qatar IFRS5A 1 1 1 1
Financial Qatar IFRS5B 1 - - -
Financial Qatar IFRS6 1 - - -
Financial Qatar IFRS7 1 1 1 1
Financial Qatar IFRS8C 1 1 1 1
Financial Qatar IFRS9 1 1 1 1
Financial Qatar IFRS10 1 1 1 1
234
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Financial Qatar IFRS11 1 1 1 1
Financial Qatar IFRS12 1 1 1 1
Financial Qatar IFRS13 1 1 1 1
Financial Qatar IFRS14 1 - - -
Financial Qatar Total 15 9 9 9
Financial Saudi Arabia IFRS1 2 1 1 1
Financial Saudi Arabia IFRS2 2 - - -
Financial Saudi Arabia IFRS3 2 - - -
Financial Saudi Arabia IFRS4 2 - - -
Financial Saudi Arabia IFRS5A 2 2 2 2
Financial Saudi Arabia IFRS5B 2 - - -
Financial Saudi Arabia IFRS6 2 - - -
Financial Saudi Arabia IFRS7 2 2 2 2
Financial Saudi Arabia IFRS8C 2 2 2 2
Financial Saudi Arabia IFRS9 2 2 2 2
Financial Saudi Arabia IFRS10 2 2 1 1
Financial Saudi Arabia IFRS11 2 - - -
Financial Saudi Arabia IFRS12 2 2 1 1
Financial Saudi Arabia IFRS13 2 2 1 1
Financial Saudi Arabia IFRS14 2 - - -
Financial Saudi Arabia
Total 30 15 12 12
Financial South Korea IFRS1 1 - - -
Financial South Korea IFRS2 1 - - -
Financial South Korea IFRS3 1 - - -
Financial South Korea IFRS4 1 - - -
Financial South Korea IFRS5A 1 1 1 1
Financial South Korea IFRS5B 1 - - -
Financial South Korea IFRS6 1 - - -
Financial South Korea IFRS7 1 1 1 1
Financial South Korea IFRS8C 1 1 1 1
Financial South Korea IFRS9 1 - - -
Financial South Korea IFRS10 1 1 1 1
Financial South Korea IFRS11 1 1 1 1
Financial South Korea IFRS12 1 1 1 1
Financial South Korea IFRS13 1 1 1 1
Financial South Korea IFRS14 1 - - -
Financial South Korea Total 15 7 7 7
Financial UAE IFRS1 2 - 1 -
Financial UAE IFRS2 2 1 1 1
235
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Financial UAE IFRS3 2 - - 1
Financial UAE IFRS4 2 1 1 1
Financial UAE IFRS5A 2 2 2 2
Financial UAE IFRS5B 2 - - -
Financial UAE IFRS6 2 - - -
Financial UAE IFRS7 2 2 2 2
Financial UAE IFRS8C 2 2 2 2
Financial UAE IFRS9 2 2 2 2
Financial UAE IFRS10 2 2 2 2
Financial UAE IFRS11 2 2 2 2
Financial UAE IFRS12 2 2 2 2
Financial UAE IFRS13 2 2 2 2
Financial UAE IFRS14 2 - - -
Financial UAE Total 30 18 19 19
Financial
Total 210 112 112 110
Insurance Bahrain IFRS1 1 1 1 -
Insurance Bahrain IFRS2 1 - - -
Insurance Bahrain IFRS3 1 1 1 1
Insurance Bahrain IFRS4 1 1 1 1
Insurance Bahrain IFRS5A 1 1 1 1
Insurance Bahrain IFRS5B 1 - - -
Insurance Bahrain IFRS6 1 - - -
Insurance Bahrain IFRS7 1 1 1 1
Insurance Bahrain IFRS8C 1 1 1 1
Insurance Bahrain IFRS9 1 1 1 1
Insurance Bahrain IFRS10 1 1 1 1
Insurance Bahrain IFRS11 1 1 1 1
Insurance Bahrain IFRS12 1 1 1 1
Insurance Bahrain IFRS13 1 1 1 1
Insurance Bahrain IFRS14 1 - - -
Insurance Bahrain Total 15 11 11 10
Insurance Kuwait IFRS1 1 - - -
Insurance Kuwait IFRS2 1 1 1 1
Insurance Kuwait IFRS3 1 - - 1
Insurance Kuwait IFRS4 1 1 1 1
Insurance Kuwait IFRS5A 1 1 1 1
Insurance Kuwait IFRS5B 1 - - -
Insurance Kuwait IFRS6 1 - - -
Insurance Kuwait IFRS7 1 1 1 1
236
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Insurance Kuwait IFRS8C 1 1 1 1
Insurance Kuwait IFRS9 1 1 1 1
Insurance Kuwait IFRS10 1 1 1 1
Insurance Kuwait IFRS11 1 1 1 -
Insurance Kuwait IFRS12 1 1 1 1
Insurance Kuwait IFRS13 1 1 1 1
Insurance Kuwait IFRS14 1 - - -
Insurance Kuwait Total 15 10 10 10
Insurance Oman IFRS1 1 - - -
Insurance Oman IFRS2 1 - - -
Insurance Oman IFRS3 1 - - -
Insurance Oman IFRS4 1 1 1 1
Insurance Oman IFRS5A 1 1 1 1
Insurance Oman IFRS5B 1 - - -
Insurance Oman IFRS6 1 - - -
Insurance Oman IFRS7 1 - - -
Insurance Oman IFRS8C 1 1 1 1
Insurance Oman IFRS9 1 1 1 1
Insurance Oman IFRS10 1 - 1 1
Insurance Oman IFRS11 1 - - -
Insurance Oman IFRS12 1 - 1 1
Insurance Oman IFRS13 1 - 1 1
Insurance Oman IFRS14 1 - - -
Insurance Oman Total 15 4 7 7
Insurance Qatar IFRS1 1 - - -
Insurance Qatar IFRS2 1 - - -
Insurance Qatar IFRS3 1 - - -
Insurance Qatar IFRS4 1 1 1 1
Insurance Qatar IFRS5A 1 1 1 1
Insurance Qatar IFRS5B 1 - - -
Insurance Qatar IFRS6 1 - - -
Insurance Qatar IFRS7 1 - - -
Insurance Qatar IFRS8C 1 1 1 1
Insurance Qatar IFRS9 1 1 1 1
Insurance Qatar IFRS10 1 1 1 1
Insurance Qatar IFRS11 1 1 1 1
Insurance Qatar IFRS12 1 1 1 1
Insurance Qatar IFRS13 1 1 1 -
Insurance Qatar IFRS14 1 - - -
Insurance Qatar Total 15 8 8 7
237
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Insurance Saudi Arabia IFRS1 2 - - -
Insurance Saudi Arabia IFRS2 2 - - -
Insurance Saudi Arabia IFRS3 2 - - -
Insurance Saudi Arabia IFRS4 2 - - -
Insurance Saudi Arabia IFRS5A 2 1 1 1
Insurance Saudi Arabia IFRS5B 2 - - -
Insurance Saudi Arabia IFRS6 2 - - -
Insurance Saudi Arabia IFRS7 2 1 1 1
Insurance Saudi Arabia IFRS8C 2 1 1 1
Insurance Saudi Arabia IFRS9 2 - - -
Insurance Saudi Arabia IFRS10 2 - - -
Insurance Saudi Arabia IFRS11 2 - - -
Insurance Saudi Arabia IFRS12 2 - - -
Insurance Saudi Arabia IFRS13 2 1 1 1
Insurance Saudi Arabia IFRS14 2 - - -
Insurance Saudi Arabia
Total 30 4 4 4
Insurance South Korea IFRS1 3 - - -
Insurance South Korea IFRS2 3 1 1 1
Insurance South Korea IFRS3 3 - - -
Insurance South Korea IFRS4 3 1 1 1
Insurance South Korea IFRS5A 3 3 3 3
Insurance South Korea IFRS5B 3 - - -
Insurance South Korea IFRS6 3 - - -
Insurance South Korea IFRS7 3 3 3 3
Insurance South Korea IFRS8C 3 3 3 3
Insurance South Korea IFRS9 3 - - -
Insurance South Korea IFRS10 3 2 2 2
Insurance South Korea IFRS11 3 2 2 2
Insurance South Korea IFRS12 3 2 2 2
Insurance South Korea IFRS13 3 2 2 2
Insurance South Korea IFRS14 3 - - -
Insurance South Korea Total 45 19 19 19
Insurance UAE IFRS1 2 1 1 1
Insurance UAE IFRS2 2 1 - -
Insurance UAE IFRS3 2 1 - 1
Insurance UAE IFRS4 2 2 2 2
Insurance UAE IFRS5A 2 2 2 2
Insurance UAE IFRS5B 2 - - -
Insurance UAE IFRS6 2 - - -
238
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Insurance UAE IFRS7 2 2 2 2
Insurance UAE IFRS8C 2 2 2 2
Insurance UAE IFRS9 2 2 2 2
Insurance UAE IFRS10 2 1 2 2
Insurance UAE IFRS11 2 1 2 2
Insurance UAE IFRS12 2 1 1 2
Insurance UAE IFRS13 2 2 1 2
Insurance UAE IFRS14 2 - - -
Insurance UAE Total 30 18 17 20
Insurance
Total 165 74 76 77
Non-
Financial Bahrain IFRS1 3 - - -
Non-
Financial Bahrain IFRS2 3 - - -
Non-
Financial Bahrain IFRS3 3 2 2 2
Non-
Financial Bahrain IFRS4 3 3 3 3
Non-
Financial Bahrain IFRS5A 3 3 3 3
Non-
Financial Bahrain IFRS5B 3 2 2 2
Non-
Financial Bahrain IFRS6 3 - - -
Non-
Financial Bahrain IFRS7 3 3 3 3
Non-
Financial Bahrain IFRS8C 3 3 3 3
Non-
Financial Bahrain IFRS9 3 3 3 3
Non-
Financial Bahrain IFRS10 3 2 2 2
Non-
Financial Bahrain IFRS11 3 2 2 2
Non-
Financial Bahrain IFRS12 3 3 3 3
Non-
Financial Bahrain IFRS13 3 3 3 3
Non-
Financial Bahrain IFRS14 3 - - -
Non-
Financial Bahrain Total 45 29 29 29
Non-
Financial India IFRS1 2 1 1 1
Non-
Financial India IFRS2 2 - - -
Non-
Financial India IFRS3 2 1 1 1
Non-
Financial India IFRS4 2 - - -
239
INDUSTRY COUNTRY IFRS
NO. OF
COMPANIE
S
YR2013 YR2012 YR2011
Non-
Financial India IFRS5A 2 2 2 2
Non-
Financial India IFRS5B 2 - - -
Non-
Financial India IFRS6 2 - - -
Non-
Financial India IFRS7 2 2 2 2
Non-
Financial India IFRS8C 2 2 2 2
Non-
Financial India IFRS9 2 1 1 1
Non-
Financial India IFRS10 2 2 2 2
Non-
Financial India IFRS11 2 2 2 2
Non-
Financial India IFRS12 2 1 1 1
Non-
Financial India IFRS13 2 1 1 1
Non-
Financial India IFRS14 2 - - -
Non-
Financial India Total 30 15 15 15
Non-
Financial Japan IFRS1 2 1 1 1
Non-
Financial Japan IFRS2 2 1 1 1
Non-
Financial Japan IFRS3 2 - - -
Non-
Financial Japan IFRS4 2 - - -
Non-
Financial Japan IFRS5A 2 2 1 1
Non-
Financial Japan IFRS5B 2 - - -
Non-
Financial Japan IFRS6 2 - - -
Non-
Financial Japan IFRS7 2 2 1 1
Non-
Financial Japa
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