Yakub02
Banned
the disposal (e.g. purchase price adjustments; or
obligations retained by the seller (e.g. environmental and product warranty obligations). Such adjustments are classified separately in discontinued operations and the nature and amount of the adjustments are disclosed. Note on discontinued operations and the statement of cash flows
IFRS 5 states that in the statement of cash flows, there should be separate disclosure of the net cash flows in the period attributable to operating activities, investing activities and financing activities of the discontinued operations.
These disclosures may be presented either on the face of the statement of cash flows or in the notes to the financial statements. Additional disclosures Additional disclosures about discontinued operations must be included in the notes to the financial statements.
These include: a description of the non-current asset or disposal group; a description of the facts and circumstances of the sale; and in the case of operations and non-current assets ‘held for sale’, a description of the facts and circumstances leading to the expected disposal and the expected manner and timing of the disposal.
Disclosure about assets held for sale and discontinued operations, is intended to help users understand the implications for future results and cash flows.
The classification is based on actions taken by management at or before the reporting date and expectation that a sale will be achieved.
obligations retained by the seller (e.g. environmental and product warranty obligations). Such adjustments are classified separately in discontinued operations and the nature and amount of the adjustments are disclosed. Note on discontinued operations and the statement of cash flows
IFRS 5 states that in the statement of cash flows, there should be separate disclosure of the net cash flows in the period attributable to operating activities, investing activities and financing activities of the discontinued operations.
These disclosures may be presented either on the face of the statement of cash flows or in the notes to the financial statements. Additional disclosures Additional disclosures about discontinued operations must be included in the notes to the financial statements.
These include: a description of the non-current asset or disposal group; a description of the facts and circumstances of the sale; and in the case of operations and non-current assets ‘held for sale’, a description of the facts and circumstances leading to the expected disposal and the expected manner and timing of the disposal.
Disclosure about assets held for sale and discontinued operations, is intended to help users understand the implications for future results and cash flows.
The classification is based on actions taken by management at or before the reporting date and expectation that a sale will be achieved.