diff --git a/baselibs.conf b/baselibs.conf
index 7c6cf27..2f435eb 100644
--- a/baselibs.conf
+++ b/baselibs.conf
@@ -1,3 +1,7 @@
 libKF5Declarative5
+libKF5QuickAddons5
+kdeclarative-components
 kdeclarative-devel
 	requires "libKF5Declarative5-<targettype> = <version>"
+	requires "libKF5QuickAddons5-<targettype> = <version>"
+	requires "kdeclarative-components-<targettype> = <version>"
\ No newline at end of file
diff --git a/kdeclarative-5.3.0.tar.xz b/kdeclarative-5.3.0.tar.xz
deleted file mode 100644
index a9f298f..0000000
--- a/kdeclarative-5.3.0.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:72a3871e940b9c9144a26f567ea142f662b685998424c24081e93e868ecb8fe8
-size 98652
diff --git a/kdeclarative-5.4.0.tar.xz b/kdeclarative-5.4.0.tar.xz
new file mode 100644
index 0000000..800967c
--- /dev/null
+++ b/kdeclarative-5.4.0.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:14bb9d9922be59ed3834d41cfc9d737d42d3e1f49855051ebf1d63530c2b26f7
+size 100260
diff --git a/kdeclarative.changes b/kdeclarative.changes
index 22fda59..ef84dd1 100644
--- a/kdeclarative.changes
+++ b/kdeclarative.changes
@@ -1,3 +1,13 @@
+-------------------------------------------------------------------
+Sun Nov  2 17:47:25 UTC 2014 - hrvoje.senjan@gmail.com
+
+- Update to 5.4.0
+  * Optimize IconItem in QIconItem in memory and speed
+  * For more details please see:
+    https://www.kde.org/announcements/kde-frameworks-5.4.0.php
+- Split out libKF5QuickAddons library, and QML components into
+  separate subpackages
+
 -------------------------------------------------------------------
 Sat Oct  4 17:59:52 UTC 2014 - hrvoje.senjan@gmail.com
 
diff --git a/kdeclarative.spec b/kdeclarative.spec
index 1307213..fd85e5d 100644
--- a/kdeclarative.spec
+++ b/kdeclarative.spec
@@ -18,11 +18,11 @@
 
 %define lname   libKF5Declarative5
 Name:           kdeclarative
-Version:        5.3.0
+Version:        5.4.0
 Release:        0
 %define kf5_version %{version}
 BuildRequires:  cmake >= 2.8.12
-BuildRequires:  extra-cmake-modules >= 1.3.0
+BuildRequires:  extra-cmake-modules >= 1.4.0
 BuildRequires:  fdupes
 BuildRequires:  kconfig-devel >= %{kf5_version}
 BuildRequires:  kcoreaddons-devel >= %{kf5_version}
@@ -43,7 +43,7 @@ Summary:        Integration of QML and KDE workspaces
 License:        LGPL-2.1+
 Group:          System/GUI/KDE
 Url:            http://www.kde.org
-Source:         http://download.kde.org/stable/frameworks/%{version}/%{name}-%{version}.tar.xz
+Source:         http://download.kde.org/stable/frameworks/5.4/%{name}-%{version}.tar.xz
 Source1:        baselibs.conf
 BuildRoot:      %{_tmppath}/%{name}-%{version}-build
 
@@ -58,12 +58,28 @@ Recommends:     %lname-lang = %{version}
 %description -n %lname
 KDeclarative provides integration of QML and KDE workspaces.
 
+%package -n libKF5QuickAddons5
+Summary:        Integration of QML and KDE workspaces
+Group:          System/GUI/KDE
+
+%description -n libKF5QuickAddons5
+KDeclarative provides integration of QML and KDE workspaces.
+
+%package components
+Summary:        KDeclarative QML components
+Group:          System/GUI/KDE
+
+%description components
+KDeclarative provides integration of QML and KDE workspaces.
+
 %package devel
 Summary:        Integration of QML and KDE workspaces: Build Environment
 Group:          Development/Libraries/KDE
 Requires:       %lname = %{version}
+Requires:       %{name}-components = %{version}
 Requires:       extra-cmake-modules
 Requires:       kio-devel >= %{kf5_version}
+Requires:       libKF5QuickAddons5 = %{version}
 
 %description devel
 KDeclarative provides integration of QML and KDE workspaces.
@@ -87,21 +103,36 @@ Development files.
 
 %postun -n %lname -p /sbin/ldconfig
 
+%post -n libKF5QuickAddons5 -p /sbin/ldconfig
+
+%postun -n libKF5QuickAddons5 -p /sbin/ldconfig
+
 %files -n %lname-lang -f %{name}5.lang
 
 %files -n %lname
 %defattr(-,root,root)
 %doc COPYING* README*
 %{_kf5_libdir}/libKF5Declarative.so.*
+
+%files -n libKF5QuickAddons5
+%defattr(-,root,root)
+%doc COPYING* README*
+%{_kf5_libdir}/libKF5QuickAddons.so.*
+
+%files components
+%defattr(-,root,root)
+%doc COPYING* README*
 %{_kf5_libdir}/qt5/qml/
 
 %files devel
 %defattr(-,root,root)
 %{_kf5_libdir}/libKF5Declarative.so
+%{_kf5_libdir}/libKF5QuickAddons.so
 %{_kf5_libdir}/cmake/KF5Declarative/
 %{_kf5_includedir}/*.h
 %dir %{_kf5_includedir}/*/
 %{_kf5_includedir}/*/
 %{_kf5_mkspecsdir}/qt_KDeclarative.pri
+%{_kf5_mkspecsdir}/qt_QuickAddons.pri
 
 %changelog