Document ID: chunk:federal_register_of_legislation:F2025C00209:front:0:p16
Version: federal_register_of_legislation:F2025C00209
Segment Type: other
Provision Reference: 
Character Range: 45885–49217

period, the effects of changes in accounting policies and corrections of errors recognised in the period and the amounts of investments by, and dividends and other distributions to, owners in their capacity as owners during the period. [IFRS for SMEs Standard paragraph 6.2]

Information to be presented in the statement of changes in equity
      1.                     The statement of changes in equity includes the following information:
           1.                     total comprehensive income for the period, showing separately the total amounts attributable to owners of the parent and to non-controlling interests;
           2.                    for each component of equity, the effects of retrospective application or retrospective restatement recognised in accordance with AASB 108; and
           3.                     for each component of equity, a reconciliation between the carrying amount at the beginning and the end of the period, separately disclosing changes resulting from:
                1.                      profit or loss;
                2.                    other comprehensive income; and
                3.                  the amounts of investments by, and dividends and other distributions to, owners in their capacity as owners, showing separately issues of shares, treasury share transactions, dividends and other distributions to owners and changes in ownership interests in subsidiaries that do not result in a loss of control.
          [IFRS for SMEs Standard paragraph 6.3]

Statement of income and retained earnings

Purpose
      1.                     The statement of income and retained earnings presents an entity's profit or loss and changes in retained earnings for a reporting period. Paragraph 26 permits an entity to present a statement of income and retained earnings in place of a statement of comprehensive income and a statement of changes in equity if the only changes to its equity during the periods for which financial statements are presented arise from profit or loss, payment of dividends, corrections of prior period errors, and changes in accounting policy. [IFRS for SMEs Standard paragraph 6.4]

Information to be presented in the statement of income and retained earnings
      1.                     An entity shall present, in the statement of income and retained earnings, the following items in addition to the information required by the section covering the Statement of Profit or Loss and Other Comprehensive Income:
           1.                     retained earnings at the beginning of the reporting period;
           2.                    dividends declared and paid or payable during the period;
           3.                     restatements of retained earnings for corrections of prior period errors;
           4.                    restatements of retained earnings for changes in accounting policy; and
           5.                     retained earnings at the end of the reporting period.
          [IFRS for SMEs Standard paragraph 6.5]

Statement of Cash Flows[6]

Scope of this section
      1.                     This section sets out the information that is to be presented in a statement of cash flows and how to present it. The statement of cash flows provides information about the changes in cash and cash equivalents of an