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IFRS 5 Non-current assets held for sale and discontinued
operations

2.2 Disclosure

In accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued
Operations, entities should disclose the following information in its financial
statements:

Statement of profit or loss – there should be a single figure on the face of the
statement for the total of:

 profit after tax

 gain or loss on disposal of assets

 gain or loss arising from the adjustment in the value from carrying value to fair
value

 with a note to the accounts disclosing details on revenue, costs etc.

Statement of cash flows – there should be a disclosure of net cash flows for the
discontinued operations for:

 net cash flows from operating, investing and financing activities

 a description of the discontinued operation/non-current asset

 a description of the facts and circumstances of the sale

 expected manner and timing of the disposal (held for sale only).

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