SIC 29 Disclosure – Service Concession Arrangements

Synopsis

A service concession arrangement is an agreement between one entity (the operator) and another (the grantor) to provide services giving public access to major economic and social facilities.

SIC 29 prescribes the disclosure requirements for each of the parties to the agreement.

• Read the unaccompanied version of SIC 29

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Recent amendments

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The following interpretation refers to SIC 29

• IFRIC 12 Service Concession Arrangements
  Accounting guidance for arrangements where a contract is granted for the supply of public services such as roads.

IFRSs referred to by SIC 29

• IFRS 16 Leases
• IAS 1 Presentation of Financial Statements
• IAS 16 Property, Plant and Equipment
• IAS 37 Provisions, Contingent Liabilities and Contingent Assets
• IAS 38 Intangible Assets
• IFRIC 12 Service Concession Arrangements

This page was last updated 4 February 2022