Account hierarchy for FAS cash flow: change in minority ownership is disclosed in cash flows from investing activities

Feature ID: FPS-9860

A new account hierarchy for the FAS cash flow statement has been added to the Clausion FAS and Clausion IFRS content packages: FAS Cash Flow Statement, Direct (ACCHIER8P). The implemented change is also reflected in the FAS Cash Flow hierarchy of the Clausion Public Sector content package. The hierarchy follows the ST Academy's guidelines for disclosing the FAS Cash Flow Statement. The main issue is the change in minority interests due to change in ownership of subsidiaries, which is now presented in Cash Flow from Investing Activities (formerly in Cash Flow from Financing Activities). Accounts 239340P and 239350P have been transferred from item “Capital investment by minority interest, SUM3010P” to the new sums ending with FP: “Acquisition of subsidiaries, net of cash acquired, SUM2020FP” and “Disposal of subsidiaries, SUM2030FP”. Due to the change in FAS Cash Flow hierarchy sum of Change in Cash and cash equivalents (SUMCF040FP) and all its subsums (operating, investing and financing cf) have new codes ending with FP.

Consequently, the name of the existing Cash Flow account hierarchy ACCHIER3P has been changed to IFRS Cash Flow, direct. ACCHIER3P has a new checksum “Loan and Internal Account Receivable (FAS), CHECK009P” to which FAS specific loan and internal account receivables have been transferred. Therefore, the structure of “Payments received from Customer”, presented in direct cash flow has been redefined: the IFRS amount (IFRS1025P) is included in the FAS amount (FAS1025FP), the rate difference of that FAS sum is also presented in two parts. In the indirect presentation, the “Change in working capital” is reported using sums SUM5199FP (FAS) and SUM5199P (IFRS). In the IFRS Cash Flow hierarchy, the above-mentioned “Change in minority interests due to change in ownership of subsidiaries” is still presented in the financing cash flow.

Corresponding changes have also been made to the reports and input templates; due to the change, there are also separate hierarchy-specific workbooks in the input of cash flow adjustments. Specially, in the IFRS content package, which includes cash flow reporting according to both the FAS and IFRS hierarchies, in order to avoid confusion, special attention must be paid to choosing the right task from the user interface (there are differences between FAS and IFRS reports).

In the Clausion Public Sector content package the minority account 209020P has been transferred from the financing cash flow to the investing cash flow. As a result of the change, some of the sums in the FAS Cash Flow hierarchy will have FP ending (in addition to P-ending). No changes have been made to the Municipal Group's Cash Flow hierarchy (ACCHIER150P).

DIM00 hierarchy structure can be selected in Opening Balance Check report

Feature ID: FPS-9458

Selecting DIM00 hierarchy structure in the select options of Opening Balance Check Report is now possible. The change has been made to report definition file (.xml): hard coded value STRUCTURE1 is replaced with %DIM00 HIERARCHY% parameter.

FAS adjustments document series have been added to Total column of IFRS Cash Flow Opening Balances Check Report

Issue ID: FPS-9038

FAS adjustments document series (410000, 420000, 423000, 430000, 432000, 470000, 804100, 804200, 804230, 804300, 804320 and 804700) have been added to total column of Cash Flow Opening Balances Check Report (P_REPORT_116).

Row set definition issue in sheet 2 (by document series) of continuity report for non-current assets

Issue ID: FPS-9026

Continuity report for non-current assets (P_Report_109) default row set Group IFRS9 in the second sheet now includes account 107189P, Other intangible assets, and all lower level account connected to this.