IAS 1 : The statement of profit or loss and other comprehensive income (statement of comprehensive income)
The statement of profit or loss and other comprehensive income (statement of comprehensive income) shall present, in addition to the profit or loss and other comprehensive income sections:
(a) profit or loss;
(b) total other comprehensive income;
(c) comprehensive income for the period, being the total of profit or loss and other comprehensive income.
If an entity presents a separate statement of profit or loss it does not present the profit or loss section in the statement presenting
comprehensive income.
An entity shall present the following items, in addition to the profit or loss and other comprehensive income sections, as allocation of profit or loss and other comprehensive income for the period:
(a) profit or loss for the period attributable to:
(i) non-controlling interests, and
(ii) owners of the parent.
(b) comprehensive income for the period attributable to:
(i) non-controlling interests, and
(ii) owners of the parent.
Information to be presented in the profit or loss section or thestatement of profit or loss
In addition to items required by other IFRSs, the profit or loss section or the statement of profit or loss shall include line items that present the following amounts for the period:
- revenue, presenting separately interest revenue calculated using the effective interest method;
- gains and losses arising from the derecognition of financial assets measured at amortised cost;
- finance costs;
- impairment losses (including reversals of impairment losses or impairment gains) determined in IFRS 9;
- share of the profit or loss of associates and joint ventures accounted for using the equity method;
- if a financial asset is reclassified out of the amortised cost measurement category so that it is measured at fair value through profit or loss, any gain or loss arising from a difference between the previous amortised cost of the financial asset and its fair value at the reclassification date (as defined in IFRS 9);
- if a financial asset is reclassified out of the fair value through other comprehensive income measurement category so that it is measured at fair value through profit or loss, any cumulative gain or loss previously recognised in other comprehensive income that is reclassified to profit or loss;
- tax expense;
- a single amount for the total of discontinued operations (see IFRS 5).
Information to be presented in the other comprehensive income section
The other comprehensive income section shall present line items for the amounts for the period of:
- items of other comprehensive income (excluding amounts in paragraph (2)), classified by nature and grouped into those that, in
accordance with other IFRSs:
(i) will not be reclassified subsequently to profit or loss; and
(ii) will be reclassified subsequently to profit or loss when specific conditions are met. - the share of the other comprehensive income of associates and joint ventures accounted for using the equity method, separated into the share of items that, in accordance with other IFRSs:
(i) will not be reclassified subsequently to profit or loss; and
(ii) will be reclassified subsequently to profit or loss when specific conditions are met.