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  • IAS 39 PAPER – No. 2
    APPLICATION OF OWN USE EXEMPTION
    TO ENERGY COMMODITY CONTRACTS WITHIN THE UTILITIES INDUSTRY (PDF; 56 KB)
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This paper is the product of deliberations by the IEAF on IAS 39, with the intention that it will ultimately summarise the key principles for the application of the “own use” concept to utility companies activities within traded commodity markets.

Particularly, the IEAF is looking to provide consistent interpretation on the language in IAS 39 paragraph 6 and 7 which outline certain activities which prohibit the application of the own-use exception.

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