CERTYNEX IFRS ACADEMY

Calquine publishes a “net debt” table mixing cash, borrowings, leases and an overdraft included in cash, with no other information on its financing liabilities. What assessment should be made?

The table may help, if changes in financing liabilities are identifiable in it and linked to the statements.

It is enough, net debt being a measure defined by the standard and recognised by financial analysts.

It must be removed, any combined disclosure being prohibited.

It is enough to add trade payables.