CERTYNEX IFRS ACADEMY

Cobalt SA presents a line "Service revenue" of EUR 3,000,000. It comprises recurring maintenance contracts, which share common characteristics, and one-off training sales, which share none with them and whose amount is material (case facts). What must Cobalt do with this line?

Disaggregate the two kinds of revenue, because grouping them would obscure material information.

Keep the single line, because the standard sets no numerical threshold that requires revenue to be disaggregated.

Keep the single line as long as each kind stays below one tenth of the line total.

Present each contract and each sale on its own line, at the finest level of detail.