CERTYNEX IFRS ACADEMY

In its statement of profit or loss, Vega SA presents rent of EUR 410,000, which is material. It also has three small expenses of different natures: subscriptions (EUR 5,000), donations (EUR 4,000) and stamp duties (EUR 3,000). Case convention: none of these three expenses is material, individually or together. How may Vega present these items?

Present each small expense on its own line, since their natures differ.

Aggregate the three small expenses with the rent, to reduce the number of lines.

Aggregate the three small expenses on one common line and present the rent separately.

Remove the three small expenses from the statement of profit or loss, since they are immaterial.