The Financial Reporting Advisory team at Grant Thornton Australia produces example financial statements to illustrate the application of the requirements in Australian Accounting Standards (AASBs) which incorporate International Financial Reporting Standards (IFRSs) as issued by the International Accounting Standards Board (IASB).

The full year and half-year periods ending 31 December 2018 represent a major change for many Australian businesses due to the first time application of new revenue and financial instruments requirements. AASB 15 Revenue from Contracts with Customers (for-profit entities) and AASB 9 Financial Instruments (for-profit and not-for-profit entities) apply for the first time this reporting period. More significant changes are on their way with AASB 15 and AASB 1058 Income of Not-for-Profit Entities (not-for-profit entities) and AASB 16 Leases (for-profit and not-for-profit entities) coming into effect from 1 January 2019.

ASIC is also ramping up its surveillance activities with increased focus on the first time application of new major standards and quantification of the expected impact of accounting standards issued but not yet effective. Adding to the complexity in financial reporting, there is uncertainty as to when and how the Australian government will respond to the recommendations arising from the legislative review of the Australian Charities and Not-for-profits Commission (ACNC), particularly with respect to recommended changes to reporting thresholds for not-for-profit entities. In addition, the Australian government has recently introduced proposals to double the financial reporting thresholds for large proprietary companies effective from 1 July 2019.

To navigate through all these complexities and uncertainties, it is important that Australian entities remain focused and proactive with their implementation projects and work closely with their advisors and auditors.

Example Financial Statements for the financial year/half year ended 31 December 2018:

• Example interim financial statements 31 December 2018 [ 780 kb ]
• Example listed public financial statement [ 2493 kb ]
• Example NFP ACNC financial statements 31 December 2018 [ 612 kb ]
• Example NFP Corps Act Financial Statement [ 1058 kb ]
• Example NFP RDR ACNC financial statements 31 December 2018 [ 976 kb ]
• Example NFP RDR Corps Act financial statements 31 December 2018 [ 1058 kb ]
• Example RDR financial statements 31 December 2018 [ 1496 kb ]
• Example special purpose financial statements 31 December 2018 [ 553 kb ]
• Example unlisted public financial statements 31 December 2018 [ 1929 kb ]

Example Financial Statements for the financial year/half year ended 30 June 2018:

• Example interim financial statements 30 June 2018 [ 1125 kb ]
• Example listed public financial statements 30 June 2018 [ 2653 kb ]
• Example unlisted public financial statements 30 June 2018 [ 1927 kb ]
• Example NFP financial statements 30 June 2018 ACNC [ 1094 kb ]
• Example NFP financial statements 30 June 2018 Corporations Act [ 1050 kb ]
• Example NFP RDR financial statements 30 June 2018 ACNC [ 925 kb ]
• Example NFP RDR financial statements 30 June 2018 Corporations Act [ 984 kb ]
• Example RDR financial statements 30 June 2018 [ 1242 kb ]
• Example special purpose financial statements 30 June 2018 [ 864 kb ]

Example Financial Statements for the year ended 31 December 2017

• Example interim financial statements - 31 December 2017 [ 808 kb ]
• Example listed public financial statements - 31 December 2017 [ 2346 kb ]
• Example not-for-profit financial statements ACNC - 31 December 2017 [ 869 kb ]
• Example not-for-profit financial statements Corporations Act - 31 December 2017 [ 824 kb ]
• Example not-for-profit reduced disclose requirements financial statements ACNC - 31 December 2017 [ 691 kb ]
• Example not-for-profit reduced disclose requirements financial statements Corporations Act - 31 December 2017 [ 762 kb ]
• Example reduced disclose requirements financial statements - 31 December 2017 [ 1211 kb ]
• Example special purpose financial statements - 31 December 2017 [ 684 kb ]
• Example unlisted public financial statements - 31 December 2017 [ 1673 kb ]

Example Financial Statements for the year ended 30 June 2017

• Example Interim financial statements for the half-year ended 30 June 2017 [ 1559 kb ]
• Example Listed Public financial statements for the year ended 30 June 2017 [ 1793 kb ]
• Example Not-for-Profit financial statements (ACNC) for the year ended 30 June 2017 [ 999 kb ]
• Example Not-for-Profit financial statements (Corporations Act) for the year ended 30 June 2017 [ 978 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (ACNC) financial statements for the year ended 30 June 2017 [ 899 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (Corporations Act) financial statements for the year ended 30 June 2017 [ 942 kb ]
• Example Reduced Disclosure Requirements financial statements for the year ended 30 June 2017 [ 2241 kb ]
• Example Special Purpose financial statements for the year ended 30 June 2017 [ 1398 kb ]
• Example Unlisted Public financial statements for the year ended 30 June 2017 [ 3168 kb ]

Example Financial Statements for the year ended 31 December 2016

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2016, which have been tailored to suit a number of different scenarios. You can access them via the links below:

• Example Interim financial statements for the half-year ended 31 December 2016 [ 1170 kb ]
• Example Listed Public financial statements for the year ended 31 December 2016 [ 2465 kb ]
• Example Not-for-Profit financial statements (ACNC) for the year ended 31 December 2016 [ 1212 kb ]
• Example Not-for-Profit financial statements (Corporations Act) for the year ended 31 December 2016 [ 767 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (ACNC) financial statements for the year ended 31 December 2016 [ 1111 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (Corporations Act) financial statements for the year ended 31 December 2016 [ 1134 kb ]
• Example Reduced Disclosure Requirements financial statements for the year ended 31 December 2016 [ 1622 kb ]
• Example Special Purpose financial statements for the year ended 31 December2016 [ 1517 kb ]
• Example Unlisted Public financial statements for the year ended 31 December 2016 [ 2378 kb ]

Example Financial Statements for the year ended 30 June 2016

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 30 June 2016, which have been tailored to suit a number of different scenarios.  You can access them via the links below:

• Example interim financial statements for the half-year ended 30 June 2016 [ 707 kb ]
• Example Listed Public financial statements for the year ended 30 June 2016 [ 1624 kb ]
• Example Not-for-Profit financial statements (ACNC) for the year ended 30 June 2016 [ 722 kb ]
• Example Not-for-Profit financial statements (Corporations Act) for the year ended 30 June 2016 [ 706 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (ACNC) financial statements for the year ended 30 June 2016 [ 645 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (Corporations Act) financial statements for the year ended 30 June 2016 [ 649 kb ]
• Example Reduced Disclosure Requirements financial statements for the year ended 30 June 2016 [ 1028 kb ]
• Example Special Purpose financial statements for the year ended 30 June 2016 [ 648 kb ]
• Example Unlisted Public financial statements for the year ended 30 June 2016 [ 1362 kb ]

Example Financial Statements for the year ended 31 December 2015

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2015, which have been tailored to suit a number of different scenarios.  You can access them via the links below:

• Example interim financial statements for the half-year ended 31 December 2015 [ 702 kb ]
• Example Listed Public financial statements for the year ended 31 December 2015 [ 1694 kb ]
• Example Not-for-Profit financial statements (ACNC) for the year ended 31 December 2015 [ 765 kb ]
• Example Not-for-Profit financial statements (Corporations Act) for the year ended 31 December 2015 [ 719 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (ACNC) financial statements for the year ended 31 December 2015 [ 669 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (Corporations Act) financial statements for the year ended 31 December 2015 [ 679 kb ]
• Example Reduced Disclosure Requirements financial statements for the year ended 31 December 2015 [ 1053 kb ]
• Example Special Purpose financial statements for the year ended 31 December 2015 [ 666 kb ]
• Example Unlisted Public financial statements for the year ended 31 December 2015 [ 1373 kb ]

Example Financial Statements for the year ended 30 June 2015

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 30 June 2015, which have been tailored to suit a number of different scenarios. You can access them via the links below:

• Example interim financial statements for the half-year ended 30 June 2015 [ 921 kb ]
• Example Listed Public financial statements for the year ended 30 June 2015 [ 2511 kb ]
• Example Not-for-Profit financial statements (ACNC) for the year ended 30 June 2015 [ 985 kb ]
• Example Not-for-Profit financial statements (Corporations Act) for the year ended 30 June 2015 [ 947 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (ACNC) financial statements for the year ended 30 June 2015 [ 856 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (Corporations Act) financial statements for the year ended 30 June 2015 [ 881 kb ]
• Example Reduced Disclosure Requirements financial statements for the year ended 30 June 2015 [ 1402 kb ]
• Example Special Purpose financial statements for the year ended 30 June 2015 [ 849 kb ]
• Example Unlisted Public financial statements for the year ended 30 June 2015 [ 1826 kb ]

Example Financial Statements for the year ended 31 December 2014

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2014, which have been tailored to suit a number of different scenarios. You can access them via the links below:

• Example interim financial statements [ 773 kb ]
• Example listed public financial statements [ 1947 kb ]
• Example Not-for-Profit financial statements [ 769 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements financial statements [ 741 kb ]
• Example Reduced Disclosure Requirements financial statements [ 1130 kb ]
• Example special purpose financial statements [ 729 kb ]
• Example unlisted public financial statements [ 1414 kb ]

Example financial statements for the year ending 30 June 2014

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 30 June 2014, which have been tailored to suit a number of different scenarios. You can access them via the links below:

• Example reduced disclosure requirements financial statements [ 1163 kb ]
• Example Not-for-Profit reduced disclosure requirements financial statements [ 701 kb ]
• Example Non-ACNC registered Not for Profit financial statements [ 777 kb ]
• Example ACNC registered Company Limited by Guarantee Not for Profit financial statements [ 701 kb ]
• Example listed public financial statements [ 2002 kb ]
• Example interim financial statements [ 2002 kb ]
• Example unlisted public financial statements [ 1475 kb ]
• Example special purpose financial statements [ 713 kb ]

Example Financial Statements for the year ended 31 December 2013

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2013, which have been tailored to suit a number of different scenarios. You can access them via the links below:

• Example interim financial statements [ 672 kb ]
• Example listed public financial statements [ 759 kb ]
• Example special purpose financial statements [ 277 kb ]
• Example Not-for-Profit financial statements [ 301 kb ]
• Example Not-for-Profit reduced disclosure requirements financial statements [ 278 kb ]
• Example reduced disclosure requirements financial statements [ 1163 kb ]
• Example unlisted public financial statements [ 536 kb ]

Example financial statements for the year ending 30 June 2013

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 30 June 2013, which have been tailored to suit a number of different scenarios. You can access them via the links below:

• Example listed public financial statements [ 1801 kb ]
• Example special purpose financial statements [ 277 kb ]
• Example Not-for-Profit financial statements [ 754 kb ]
• Example Not-for-Profit reduced disclosure requirements financial statements [ 278 kb ]
• Example reduced disclosure requirements financial statements [ 1075 kb ]
• Example unlisted public financial statements [ 1314 kb ]

Example financial statements for the year ending 31 December 2012

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2012, which have been tailored to suit a number of different scenarios. You can access them on the links below:

• Example listed public financial statements [ 799 kb ]
• Example Reduced Disclosure Requirements (RDR) financial statements [ 507 kb ]
• Example Not-for-Profit Reduced Disclosure Requirements (RDR) financial statements [ 382 kb ]
• Example Not-for-Profit financial statements [ 404 kb ]
• Example special purpose financial statements - single company [ 384 kb ] 

Example financial statements for the half-year ending 31 December 2012
Grant Thornton has prepared Example Interim Financial Statements, which have been tailored to suit a number of different scenarios. You can access them on the links below:

• Example interim financial statements [ 354 kb ]

Example financial statements for the year ending 30 June 2012

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 30 June 2012, which have been tailored to suit a number of different scenarios. You can access them on the links below:

• Example listed company financial statements [ 2124 kb ]
• Example large reporting entity financial statements [ 1940 kb ] 
• Example Reduced Disclosure Regime (RDR) financial statements [ 1813 kb ]
• Example unlisted public company financial statements [ 1946 kb ]
• Example Not-for-Profit financial statements [ 1722 kb ]
• Example Not-for-Profit Reduced Disclosure Regime (RDR) financial statements [ 1681 kb ]
• Example special purpose - single company financial statements [ 384 kb ]

Example interim consolidated financial statements 

Grant Thornton has prepared Example Interim Financial Statements, which have been tailored to suit a number of different scenarios. You can access them on the links below:

• Example interim consolidated financial statements - 2012 (International) [ 348 kb ]
• Example interim consolidated financial statements - 2011 (Australia) [ 2080 kb ]

Example financial statements for the year ending 31 December 2011

Grant Thornton Australia has prepared a number of Example Financial Statements for the year ended 31 December 2011, which have been tailored to suit a number of different scenarios. You can access them on the links below:

• Example large reporting entity financial statements [ 767 kb ]
• Example listed entity financial statements [ 2813 kb ]
• Example Reduced Disclosure Regime (RDR) financial statements [ 2179 kb ] 
• Example unlisted public company financial statements [ 2534 kb ]
• Example Not-for-Profit financial statements [ 2005 kb ]
• Example Not-for-Profit Reduced Disclosure (RDR) financial statements  [ 1872 kb ]
• Example special purpose - single company financial statements [ 1971 kb ]

Example consolidated financial statements for the year ending 30 June 2011

Grant Thornton Australia has also prepared a number of Example Financial Statements for 30 June 2011, which have been tailored to suit a number of different scenarios. You can access them on the links below:

Example large reporting entity financial statements [ 767 kb ]

Example listed entity financial statements [ 898 kb ]

Example Reduced Disclosure Regime (RDR) financial statements [ 596 kb ] 

Example unlisted public company financial statements [ 771 kb ]

Example special purpose - single company financial statements [ 397 kb ]

First-time adoption of IFRS [ 824 kb ]

Example consolidated financial statements for first time adopters updated for 2011 changes. 

New Zealand IFRS model financial statements [ 1020 kb ]

Illustrative example of general purpose financial statements for the year ended 30 June 2011 prepared in accordance with the Financial Reporting Act 1993, the Companies Act 1993, applying New Zealand equivalents to International Financial Reporting Standards (NZ IFRS). 

Example IFRS Financial Statements for the year ending 31 December 2010 [ 688 kb ]

These Example Financial Statements have been reviewed and updated to reflect changes in IFRSs that are effective for the year ending 31 December 2010.

Example IFRS Financial Statements for the half year ending 30 June 2010 [ 464 kb ]

These Example Financial Statements have been reviewed and updated to reflect changes in IFRSs that are effective for the  half year ended 30 June 2010.

Example IFRS Financial Statements for the half year ended 30 December 2009 [ 761 kb ] These Example Financial Statements have been reviewed and updated to reflect changes in IFRSs that are effective for the year ending 31 December 2009.

Example IFRS Financial Statements for the year ending 30 June 2009 [ 431 kb ] This document illustrates a set of IFRS consolidated financial statements for the 6 month period ended 30 June 2009.  This document illustrates the impact of the new standards which take effect in 2009 on interim reports in accordance with IAS 34 (AASB 134) Interim Financial Reports

IFRS Example Financial Statements [ 663 kb ]

This document illustrates a set of IFRS consolidated financial statements for the 12 month period ended 31 December 2008. This includes the early adoption of IAS 1(AASB 101) Presentation of Financial Statements and IFRS 8 (AASB 8) Operating Segments.