De 0itte.

D e 0 i tte.
Deloitte Accountants SN.
Professional Practice Department Audit
Wilhelminakade 1
3072 AP Rotterdam
P0.Box 2031
3000 CA Rotterdam
Nethedands
Tel: +31 (0)88 288 2888
Fax: +31 (0)88 288 9924
www.deloitte.nI
Mrs Rita Ogun-Clijmans
Product Manager XBRL Taxonomy
IFRS Foundation
30 Cannon Street
London EC4M 6XH
United Kingdom
Date
October 20, 2014
Subject
Re: Proposed Interim Release IFRS Taxonomy 2014—IFRS 15
Revenue from Contracts with Customers
Dear Mrs Ogun-Clijmans,
Deloitte Accountants B.V. is pleased to respond to the Proposed Interim Release IFRS
Taxonomy 2014—IFRS 15 Revenue from Contracts with Customers.
We continuously support the efforts of the IFRS Foundation (“the Foundation”) to create and
maintain a high-quality IFRS Taxonomy that will meet the needs of stakeholders seeking to use
the taxonomy for the electronic disclosure of financial reports and to use these data for analyses
purposes.
Our detailed responses to the questions in the invitation to comment are included in the
Appendix to this letter. The scope of our review was limited to the review of the proposed
amendments to the IFRS Taxonomy as a result of IFRS 15 Revenue from Contracts with
Customers, issued in May 2014.
The General Terms and Conditions for Services Deloitte Netherlands, January 2014’ registered at the
Chamber of Commerce under number 24362837 apply to all agreements under which Deloitte
performs services.
Deloitte Accountants 8.V. is registered with the Trade Register of the Chamber of Commerce and
Industry in Rotterdam number 24362853.
Member of
Deloitte Touche Tohmatsu Limited
Deloitte.
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October 20, 2014
If you have any questions concerning our comments, please contact Dave van den Ende at +31
88 288 0208 in Utrecht, the Netherlands.
Yours sincerely,
Ralph ter Hoeven
Head of IFRS Centre of Excellence The Netherlands
Deloitte.
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October 20, 2014
Appendix
Question 1: Completeness of disclosure requirements
We analysed whether the Interim Release accurately reflects the IFRS disclosure as set out in
IFRS 15. We believe that the disclosure requirements are adequately reflected in the Interim
Release and are presented with an appropriate level of detail and use of XBRL components.
However, in the table below we list a few comments for your consideration.
#
Haerarchy/
description
IFRS Ref
Questiota I Issue
,
2
•
1ERS 15.C8a
We suggest including a hierarchy that
covers the 1FRS 15.C8a disclosure
requirement. This hierarchy could be stated
as follows: ‘Quantitative assessment per
financial statement line item in the current
reporting period by applying IFRS 15
retrospectively as compared to lAS 11,
lAS 18 and related Interpretations that
were in effect before the change.’
IFRS 15.C8a
Currently no line items are defined in the
application of IFRS 15.C8a. As lAS 11
and lAS 18 are to be expired upon
application of JFRS 15, we suggest
including the line items in the IFRS 15.C8
table. Alternatively extensions could be
used for these line items.
3
Products and services
[axis]
IFRS 15.B89a
Propose to follow the phrasing in IFRS:
‘goods or services’
4
Geographical areas
[axis]
IFRS 15.B89b
Propose to follow the phrasing in IFRS:
‘geographical regions’
5
Geographical areas
[member]
LFRS 15.B89b
Propose to follow the phrasing in IFRS:
‘geographical regions’
Deloitte.
4
October 20, 2014
#
Hierarchy/
description
IFRS Ref
Question I Issue
Transaction price
allocated to remaining
performance
obligations
IFRS 15.120 a
Consider using IFRS phrasing, or
supplement ‘remaining’ with ‘remaining or
partially remaining’
Explanation of when
entity expects to
recognise transaction
price allocated to
remaining performance
obligations as revenue
IFRS 15.120 b
(ii)
Consider using IFRS phrasing, or
supplement ‘remaining’ with ‘remaining or
partially remaining’
Disclosure of
transaction price
allocated to remaining
performance
obligations [text block]
IFRS 15.120 b
(i)
Consider using IFRS phrasing, or
supplement remaining’ with ‘remaining or
partially remaining’
Disclosure of
transaction price
allocated to remaining
performance
obligations [abstract]
Consider using IFRS phrasing, or
supplement ‘remaining’ with ‘remaining or
partially remaining’
IFRS 15.C1
Consider adding a specific concept to
indicate the early adoption of IFRS 15.
Question 2: Appropriate level of detail
See answer Question 1
Question 3: Appropriate use of the XBRL dimensional data model
See answer Question 1
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October 20, 2014
Question 4: Appropriate use of element labels
See answer Question 1
Question 5: Appropriate use of documentation labels
We have not investigated the appropriateness of use of documentation labels.
Additional remarks regarding the taxonomy:
1) Compliance with GFM taxonomy creation rules
The IFRS Taxonomy 2014 Guide states on page 8 in section Preface that the IFRS
Taxonomy is consistent with the taxonomy rules specified in the Global Filing Manual
(GFM).
The IFRS Taxonomy contains duplicated entries in the definition linkbase, which is a
violation of GFM rule 1.8.4. Please consider either removing the duplicated entries or
explaining the reason for this inclusion. For instance: Extended link [835110] Notes Income
taxes has ifrs-full_DeferredTaxLiabilityAsset is defined twice as a domain-member. See
picture below:
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dc,.reiiber()
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11
Deloitte.
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October 20, 2014
This also occurs in other definition linkbases:
Extended Iinkrole
Concept
[822390a] Notes
Financial
instruments
ifrs
full_DescriptionOfRelationshipBetweenlnternalAndExtemalRatings
[823000] Notes
Fair value
measurement
-
ifrs-full_Assets
-
[823000a] Notes
Fair value
measurement
[823000b] Notes
Fair value
measurement
-
ifrs-full_Liabilities
-
ifrs-fullEquity
2) Application of IFRS Style Guide rule 2.17 on the use of parentheses
This rule states “For concepts that can be either negative or positive, the concept label
SHALL use parentheses ()to indicate which concept is represented as positive or negative
values in the instance document.” Labels exist in the taxonomy for which the text between
the parentheses does not represent an indication for a positive or negative value.
Please consider changing these labels for consistency purposes.
These labels are:
concept
label
ifrs-full:
ExplanationOfAnyChangeslriRangeOfOu
tcomesUndiscountedAndReasonsForTho
seChangesForContingentConsideration
Explanation of any changes in range of
outcomes (undiscounted) and reasons for
those changes for contingent consideration
Deloitte.
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October 20, 2014
Ifrs-full:
RevenueFromlnsuranceContractslssued
WithoutReductionForReinsurancelleld
Revenue from insurance contracts issued
(without reduction for reinsurance held)
ifrs- full:
ExpenseForPolicyholderClaimsAndB ene
fitsWithoutReductionForReinsuranceHel
d
Expense for policyholder claims and benefits
(without reduction for reinsurance held)
ifrs-full:
DescriptionOfidentityOfRateRegulators
Description of identity of rate regulator(s)
3) Consistency in label creation
Different methods are used to create labels for concepts that contain descriptions for line
items. Some have labels that contain’
line items
other labels contain
line item(s)
‘.Please consider using one single approach for creation of this kind of labels.
...
...‘,
‘...
4) Compliance with GFM naming rules
The IFRS Taxonomy 2014 Guide states on page 8 in section Preface that the IFRS
Taxonomy is consistent with the taxonomy rules specified in the Global Filing Manual
(GFM). Validating this interim release against the rules of the GFM results in a large number
of errors regarding the naming of constructs in the taxonomy.
For instance, GFM rule 1.3.7. states that “Element xsd: schema must bind a non-empty
recommended namespace prefix for the targetNamespace attribute that does not contain the
underscore character.” The taxonomy uses a namespace http://xbrl.ifrs.org/taxonomy/201408-22/ifrs/full_ifrs_doc_entry_point prefix full_ifrsdoc_entry_point that does contain an
underscore.
Please consider either aligning the IFRS Taxonomy with the naming rules as defined in GFM
or clearly state which rules of GFM the taxonomy does not comply with and the reason
thereto.

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