Exchange Rate Effect Inconsistency

Rule function

This rule checks that the exchange rate impact on the cash flow statement is calculated correctly. The rule determines the descendant elements of the cash flow concept CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect. The rule then checks that an Effect of Exchange rate element is included in the calculation of this element. The exchange rate elements are:

1. EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations,
2. EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3. EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations

The rule will not fire if there are no descendant elements. The rule will only fire where a value has been reported for an effect of the exchange rate element.

Problem solved by the rule

In many cases filers have used the element CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect when they should have used the element CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect. This element excludes the effect of the exchange rate. This rule will ensure that filers are selecting the Before exchange rate element when they should.

Example rule message

The filer has reported a value for the effect of exchange on cash and cash equivalents and has used the element CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect. However the fiing does not include a calculation showing the value of the impact of exchange rates flowing into this element. If the element represents the total before exchange rate adjustments then the element CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect should be used.

Rule Element ID: 10072
Rule version: 21.0.0

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Message template

The filer has reported a value for the effect of exchange on cash and cash equivalents and has used the element CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect. However the fiing does not include a calculation showing the value of the impact of exchange rates flowing into this element. If the element represents the total before exchange rate adjustments then the element CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect should be used.

Rule Element ID: {$ruleId}
Rule version: {$ruleVersion}

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