Pinel had received EUR 90,000 for a three-year training programme, recorded as deferred income and released over two years. The programme is called into question: the grant becomes repayable for 90,000, while the deferred income not yet released is 30,000. Calculate the expense to recognise immediately.
- Amount that has become repayable
- 90,000
- Deferred income not yet released
- 30,000