Information about expected dates of realisation of assets and liabilities is useful in assessing the liquidity andsolvency of an entity. IFRS 7 Financial Instruments: Disclosures requires disclosure of the maturity dates offinancial assets and financial liabilities. Financial assets include trade and other receivables, and financialliabilities include trade and other payables. Information on the expected date of recovery of non-monetaryassets such as inventories and expected date of settlement for liabilities such as provisions is also useful,whether assets and liabilities are classified as current or as non-current. For example, an entity discloses theamount of inventories that are expected to be recovered more than twelve months after the reporting period.
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