CERTYNEX IFRS ACADEMY

Peldane's subsidiary, in a country where currency transfers require prior authorisation rarely granted, holds 2 million out of group cash of 9 million (case data). What disclosure should be given?

Remove the 2 million from cash and cash equivalents in the consolidated statement, since the group cannot use it.

No disclosure, the subsidiary being consolidated.

Disclose undrawn facilities.

Disclose the 2 million not available, with management commentary (significance: judgement).