CERTYNEX IFRS ACADEMY

In addition to the compensation of its finance director, Cyprès SA granted him a loan, outstanding at year-end. How is this loan treated in the related party note?

It is covered by the compensation disclosure, which covers the relationships with managers.

It need not be disclosed, because a manager is not a related party for loans.

It is disclosed as a transaction and balance with a related party, in addition to compensation.

It is added to the short-term benefits category of compensation.