management by an entity of the biological transformation and harvest of biological assets for sale or for conversion
harvested produce of the entity’s biological assets.
used in the production or supply
expected to bear produce for more than one period
remote likelihood of being sold
living animal or plant
processes of growth, degeneration, production, and procreation that cause qualitative or quantitative changes
incremental costs directly attributable to the disposal of an asset, excluding finance costs and income taxes
aggregation of similar living animals or plants.
detachment of produce from a biological asset or the cessation of a biological asset’s life
amount at which an asset is recognised in the statement of financial position
price that would be received to sell an asset or paid to transfer a liability in an orderly transaction
probable that future economic benefits
cost of the asset can be measured reliably
measured on initial recognition and at the end of each reporting period at its fair value less costs to sell
measured at its fair value less costs to sell at the point of harvest
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