Document ID: chunk:federal_register_of_legislation:F2024L00708:body:0:p20
Version: federal_register_of_legislation:F2024L00708
Segment Type: other
Provision Reference: 
Character Range: 52454–55492

operating category of the statement of profit or loss – disaggregated information about the amounts of nature expenses included in each line item, beyond the amounts specified in paragraph 83; and
(b) in relation to nature expenses specifically required by an Australian Accounting Standard to be disclosed in the notes – disaggregated information about the amounts of the expenses included in each function line item presented in the operating category of the statement of profit or loss, beyond the amounts specified in paragraph 83.
85 The exemption in paragraph 84 relates to disaggregation of operating expenses. However, it does not exempt an entity from applying specific disclosure requirements relating to those expenses in Australian Accounting Standards.

Statement presenting comprehensive income
86 An entity shall present in the statement presenting comprehensive income totals for:
(a) profit or loss;
(b) other comprehensive income (see paragraphs B86–B87); and
(c) comprehensive income, being the total of profit or loss and other comprehensive income.
87 An entity shall present an allocation of comprehensive income for the reporting period attributable to:
(a) non-controlling interests; and
(b) owners of the parent.

Other comprehensive income
88 An entity shall classify income and expenses included in the statement presenting comprehensive income in one of two categories:
(a) income and expenses that will be reclassified to profit or loss when specific conditions are met; and
(b) income and expenses that will not be reclassified to profit or loss.
89 An entity shall present, in each of the categories of the statement presenting comprehensive income, line items for:
(a) the share of other comprehensive income of associates and joint ventures accounted for using the equity method; and
(b) other items of other comprehensive income.
90 An entity shall present in the statement presenting comprehensive income or disclose in the notes reclassification adjustments relating to components of other comprehensive income (see paragraphs B88–B89).
91 Other Australian Accounting Standards specify whether and when amounts previously included in other comprehensive income are reclassified to profit or loss. Such reclassifications are referred to in this Standard as reclassification adjustments. An entity includes a reclassification adjustment with the related component of other comprehensive income in the period that the adjustment is reclassified to profit or loss. An entity might have included these amounts in other comprehensive income as unrealised gains in the current or prior periods. An entity shall deduct them from other comprehensive income in the period in which the realised gains are reclassified to profit or loss to avoid including them in total comprehensive income twice.
92 An entity disclosing reclassification adjustments in the notes shall present in the statement presenting comprehensive income the items of other comprehensive income after any related reclassification adjustments.