CERTYNEX IFRS ACADEMY

As part of closing its plant, Tavernelle identifies two losses expected up to the closure date: (1) the general operating loss of the plant; (2) the loss on a fixed-price delivery contract that has become onerous and must be performed until the last day. Which can be included in provisions at the reporting date?

Both losses, as they are linked to the same closure.

Neither, as every future loss is excluded.

Only the loss on the onerous contract.

Only the general operating loss.