Revenue – ifrs 15 handbook

10.5 Customers’ unexercised rights (breakage)
Constraint applies even though consideration amount is known ................................................................................... 288
Breakage does not constitute variable consideration .................................................................................................... 288
Prepaid stored-value products may be financial liabilities .............................................................................................. 288
Portfolio of data can be used for estimating expected breakage .................................................................................... 288
10.6 Non-refundable up-front fees
Quantitative and qualitative indicators are considered when assessing up-front fees ................................................... 291
Determining whether a non-refundable up-front fee relates to the transfer of a promised good or service .................. 291
Up-front fee may need to be allocated ........................................................................................................................... 292
Deferral period for non-refundable up-front fee depends on whether the fee provides a material right ......................... 292
Consideration of whether a non-refundable up-front fee gives rise to a significant financing component ..................... 292
Up-front fees in the funds and insurance industries ...................................................................................................... 292
10.7 Sales outside ordinary activities
Judgement required to identify ordinary activities ......................................................................................................... 296
Accounting for a non-current non-financial asset held for sale may result in a gain or loss on transfer of control
because consideration may differ from fair value ........................................................................................................... 297
Applying transaction price guidance on measuring consideration received or receivable .............................................. 297
Little difference in accounting for sales of real estate to customers and non-customers ............................................... 297
Transfers to inventory are still possible if specific criteria are met ................................................................................. 298