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Sunday, April 25, 2010

Owners

In IAS 1, the term ‘owners’ refer to holders of instruments classified as equity.

In IFRS 3 the term ‘owners’ is used broadly to include holders of equity interests of investor-owned entities and owners or members of, or participants in, mutual entities.

Source: Glossary of Terms of IFRSs as at 31 December 2008.