The Commission En Ban in its meeting on 22 April 2013, resolved to allow covered corporations to present the prescribed information and to recognize the impact of the following standards in their interim financial statements starting with the period ended June 30, 2013:

Title		Subject
PAS 27 (Amended)		Separate Financial Statements
PAS 28 (Amended)		Investments in Associates and Joint Ventures
Amendments to PFRS 1		Government Loans
Amendments to PFRS 7		Disclosures - Offsetting Financial Assets and Financial Liabilities
PFRS 10		Consolidated Financial Statements
PFRS 11		Joint Arrangements
PFRS 12		Disclosure of Interests in Other Entities
PFRS 13		Fair Value Measurement

The interim financial statements as of 30 March 2013 shall contain the following disclosures: (a) whether or not the above standards are applicable to the company; and (2) if yes, whether or not the company is currently evaluating the impact based on audited figures as of December 31, 2012.

For the Commission:

(SGD.) TERESITA J. HERBOSA
Chairperson