CERTYNEX IFRS ACADEMY

In its statement, Brabris presents an investing outflow “1-month placements” of 300,000 and an investing inflow “repayment of 1-month placements” of 300,000; these placements qualify as cash equivalents. What is the error?

The two amounts should have been netted into one investing line.

These movements are operating activities.

There is no error: gross presentation is required for all investing cash flows reported in the period.

Movements between cash and equivalents are not cash flows: they are left out of the statement.