Link with IFRS 5

Learning objectives

• Explain the link with IFRS 5 for the notion of a discontinued operation.L3

Normative references

• IAS 33 §68For a discontinued operation, basic and diluted earnings per share are disclosed either in the statement of profit or loss or in the notes (para. 68); para. 68A provides the same choice when profit or loss is presented in a separate statement.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

1 question

• Avenir SA, whose shares are publicly traded, classifies its Transport division as a discontinued operation under IFRS 5. What per-share information must it give for this division?L3