CERTYNEX IFRS ACADEMY

Hydra SA, which closes on 31 December, applies IFRS 18 for 2027 and restates its 2026 comparative. In that comparative, it reclassifies EUR 120,000 of interest income on cash from the operating category to the investing category (case facts). What follows for the 2026 comparative?

Profit for 2026 falls by EUR 120,000, the income leaving operating profit no longer appearing in the statement.

Profit for 2026 is unchanged; operating profit falls by EUR 120,000 and profit before financing and income taxes is unchanged.

Profit for 2026 is unchanged, but all the subtotals of the statement of profit or loss remain identical to those under IAS 1.

Operating profit and profit before financing and income taxes each fall by EUR 120,000, and so does profit for the year, since the income leaves all three aggregates.