CERTYNEX IFRS ACADEMY

Alba SA holds 25% of Brise SA and has significant influence over it. At the reporting date, this investment meets the criteria for classification as held for sale under IFRS 5 (case data). How does Alba account for it?

Under the equity method, significant influence remaining despite the decision to sell, until the actual date of disposal.

At fair value through profit or loss under IFRS 9, classification as held for sale ending significant influence.

By line-by-line consolidation until the sale, the commitment to sell implying control of the entity by the buyer.

Under IFRS 5, and not under the equity method.