Document ID: chunk:federal_register_of_legislation:F2023C00436:body:0:p27
Version: federal_register_of_legislation:F2023C00436
Segment Type: other
Provision Reference: 
Character Range: 70861–73712

profit or loss
82 In addition to items required by other Australian Accounting Standards, the profit or loss section or the statement of profit or loss shall include line items that present the following amounts for the period:
(a) revenue, presenting separately:
(i) interest revenue calculated using the effective interest method; and
(ii) insurance revenue (see AASB 17);
(aa) gains and losses arising from the derecognition of financial assets measured at amortised cost;
(ab) insurance service expenses from contracts issued within the scope of AASB 17 (see AASB 17);
(ac) income or expenses from reinsurance contracts held (see AASB 17);
(b) finance costs;
(ba) impairment losses (including reversals of impairment losses or impairment gains) determined in accordance with Section 5.5 of AASB 9;
(bb) insurance finance income or expenses from contracts issued within the scope of AASB 17 (see AASB 17);
(bc) finance income or expenses from reinsurance contracts held (see AASB 17);
(c) share of the profit or loss of associates and joint ventures accounted for using the equity method;
(ca) 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 AASB 9);
(cb) 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;
(d) tax expense;
(e) [deleted]
(ea) a single amount for the total of discontinued operations (see AASB 5).
(f)–(i) [deleted]

Information to be presented in the other comprehensive income section
82A The other comprehensive income section shall present line items for the amounts for the period of:
(a) items of other comprehensive income (excluding amounts in paragraph (b)), classified by nature and grouped into those that, in accordance with other Australian Accounting Standards:
(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.
(b) 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 Australian Accounting Standards:
(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.
83–
84 [Deleted]
85 An entity shall present additional line items (including by disaggregating the line items listed in