Aggregated information for multiple discontinued operations

  • If there are multiple discontinued operations, as per IAS 5 (33) the information is aggregated for revenue, expenses, gain/loss and profit for all discontinued operations; and separate profit or loss statements are not required
  • The net profit/loss transfers over to the primary statement of profit or loss as a single amount

 

 

Financial performance information

Discontinued revenue should be allocated to BRVR#, discontinued expenses should be allocated to BEXP# and discontinued gain/loss should be allocated to BDIS#.

 

 

Cash flow information

The summary cash flow information is entered manually.

 

 

Carrying amounts of assets and liabilities

The carrying amounts of assets and liabilities are entered manually and is linked to details of sale, which is subsequently balance checked.

 

 

Details of the sale

This information, apart from the linked carrying amount of net assets sold, is entered manually and balance checked to the allocated discontinued gain/loss.