List of Amended Standards and Interpretations issued that are applicable to December 2024 year-end

HKFRS Standards UpdateHKFRS Accounting StandardsSection I. Amended Standards and Interpretations issued that are applicable to December 2024 year-endStandards affectedAmendments relate toMembers' HandbookHKAS 1Classification of Liabilities as Current or Non-current (amendments)

Update No. 243 and UpdateNo. 283HKAS 1Non-current Liabilities with Covenants(amendments)

Update No. 283HKFRS 16Lease Liability in a Sale and Leaseback(amendments)

Update No. 281HK Int 5 (Revised)

Hong Kong Interpretation 5 (Revised)

Presentation of Financial Statements –Classification by the Borrower of a Term Loanthat Contains a Repayment on Demand Clause(amendments)

Update No. 248 and UpdateNo. 283HKAS 7 and HKFRS 7Supplier Finance Arrangements (amendments)

Update No. 297Section II. New and amended Standards and Interpretations issued that are not yet effective, but may beadopted earlyStandards affectedNew standards and amendmentsrelate toMembers'HandbookEffective dateHKAS 21 and HKFRS 1Lack of Exchangeability(amendments)

Update No. 300Accounting periods beginningon or after 1 January 2025HKFRS 9 and HKFRS 7Classification and Measurement ofFinancial Instruments(amendments)

Update No. 315Accounting periods beginningon or after 1 January 2026HKFRS 1, HKFRS 7,HKFRS 9, HKFRS 10 andHKAS 7Annual Improvements to HKFRSAccounting Standards — Volume 11Update No. 316Accounting periods beginningon or after 1 January 2026HKFRS 18Presentation and Disclosure inFinancial Statements (newstandard)

Update No. 311Accounting periods beginningon or after 1 January 2027HKFRS 19Subsidiaries without PublicAccountability: Disclosures (newstandard)

Update No. 314Accounting periods beginningon or after 1 January 2027HK Int 5Hong Kong Interpretation 5Presentation of FinancialStatements – Classification by theBorrower of a Term Loan thatContains a Repayment on DemandClause (amendments)

Update No. 311HK Int 5 has incorporated thereferences to HKFRS 18which is effective for annualreporting periods beginningon or after 1 January 2027.HKFRS 10 and HKAS 28Sale or Contribution of Assetsbetween an Investor and itsAssociate or Joint Venture(amendments)

Update No. 159A date to be determined bythe IASBHKFRS Sustainability Disclosure StandardsSection I. New Standards issued that are not yet effective, but may be adopted earlyStandards affectedNew standards relate toMembers'HandbookEffective date1HKFRS S1General Requirements forDisclosure of Sustainability-relatedFinancial InformationUpdate No. 319Annual reporting periodsbeginning on or after 1August 2025HKFRS S2Climate-related DisclosuresUpdate No. 319Annual reporting periodsbeginning on or after 1August 20251 HKFRS Sustainability Disclosure Standards are voluntary until and unless relevant authorities and/orregulators mandate their use. This is so despite the stated effective date of 1 August 2025. See no. 1and 2 of the FAQs on HKFRS Sustainability Disclosure Standards.Published on 31 December 2024