Supplement to Good Group (International) Limited 2019 - Agriculture

This supplement contains extracts from the illustrative consolidated financial statements for Good Group (International) Limited December 2019.

This publication is a supplement to Good Group (International) Limited – Illustrative consolidated financial statements for the year ended 31 December 2019 (Good Group (International) Limited (December 2019 edition)). It contains extracts from an illustrative set of consolidated financial statements for Good Group (International) Limited (the parent) and its subsidiaries (the Group) that is prepared in accordance with International Financial Reporting Standards (IFRS). The Group is a fictitious, large publicly listed manufacturing company. The parent is incorporated in a fictitious country within Europe. The presentation currency of the Group is the euro (€).

Good Group (International) Limited (the parent) and its subsidiaries (the Group) are not involved in agricultural activities and, therefore, do not have biological assets. This supplement was created to illustrate disclosures for biological assets, including bearer plants, and agricultural produce as required by IFRS 13 Fair Value Measurement, IAS 16 Property, Plant and Equipment and IAS 41 Agriculture.

This illustration considers the management of vineyards, located in South Australia and the South Island of New Zealand, to grow grapes that are used in the production of wine. For the purpose of this supplement, Good Group (International) Limited does not have any leased assets relating to the agricultural activity.