Boeing's CEO mentioned Wednesday that the corporate will start off furloughing "a significant variety" of personnel to conserve cash through the strike by union machinists that commenced final 7 days.
recognition of the decline through the impairment of financial belongings, property, plant and machines, intangible assets, belongings arising from contracts with consumers, or other belongings, plus the reversal of these an impairment reduction;
Details disclosed in relation to All those events and transactions shall update the suitable info introduced in the most recent once-a-year money report.
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The interim monetary report is intended to deliver an update on the latest full set of yearly fiscal statements. Accordingly, it focuses on new pursuits, events, and situations and won't duplicate data Beforehand claimed.
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Specific IFRSs offer guidance with regards to disclosure necessities for lots of the items outlined in paragraph 15B. When an event or transaction is important to an knowledge of the alterations in an entity’s economic situation or functionality since the very last yearly reporting period of time, its interim financial report should offer an explanation of and an update into the applicable information and facts A part of the fiscal statements of the last annual reporting interval.
The strike is halting creation of various airplane models, together with Boeing's finest-marketing plane, the 737 Max. The corporation will get more than 50 percent of the purchase selling price when new planes are delivered to potential buyers, Hence the strike will quickly harm Boeing's cash flow.
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the character and amount of modifications in estimates of amounts claimed in prior interim durations of the current economic year or modifications in estimates of quantities described in prior fiscal several years.
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