Classification of income and expenses into the five categories: default category, investing, financing, exchange differences and specified main business activity

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  GAIN_ON_THE_DISPOSAL_OF_AN_OLD_MACHINE_USED_IN_OPERATIONS

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Operating category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  ARISING_FROM_OPERATING_ACTIVITIES_AND_NOT_CLASSIFIED_IN_ANOTHER_CATEGORY_SO_THE_DEFAULT_CATEGORY

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  INTEREST_ON_BANK_DEPOSITS

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Investing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  CASH_GENERATES_A_RETURN_INDEPENDENTLY_OF_THE_OTHER_RESOURCES

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  SHARE_OF_THE_RESULT_OF_AN_EQUITY_ACCOUNTED_ASSOCIATE

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Investing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  EQUITY_ACCOUNTED_ENTITIES_ARE_IN_THE_INVESTING_CATEGORY

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  INTEREST_ON_A_BANK_LOAN

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Financing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  LIABILITY_ARISING_ONLY_FROM_A_TRANSACTION_THAT_RAISES_FINANCE

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  UNWINDING_OF_THE_DISCOUNT_ON_A_DECOMMISSIONING_PROVISION_RECORDED_IN_OVERHEADS

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

  35,000

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Account	Debit	Credit
  Income of the investing category	35,000
  Income of the operating category		35,000

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Financing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  INTEREST_ITEM_UNDER_ANOTHER_STANDARD_THAT_THE_FINANCING_CATEGORY_TAKES_UP

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedPass

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  INCOME_TAX_EXPENSE

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Income taxes category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  INCOME_TAXES_OF_THE_INCOME_TAX_STANDARD

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  RESULT_OF_A_DISCONTINUED_OPERATION

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Discontinued operations category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  DISCONTINUED_OPERATIONS_OF_THE_NON_CURRENT_ASSETS_HELD_FOR_SALE_STANDARD

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  INTEREST_ON_LOANS_TO_CUSTOMERS_RECORDED_IN_INVESTING_INCOME

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

  ANNUAL_REPORT_AND_SEGMENT_INFORMATION_ON_GANTREL_FINANCE

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

  4,600,000

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Account	Debit	Credit
  Income of the investing category	4,600,000
  Income of the operating category		4,600,000

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Operating category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  SPECIFIED_MAIN_BUSINESS_ACTIVITY_OF_FINANCING_CUSTOMERS_SO_THE_INTEREST_IS_OPERATING

• Specified main business activity

  JudgmentRequired

  Specified main business activity identified: certain income and expenses classified as operating

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

  DEDICATED_UNIT_PRESENTED_AS_AN_ACTIVITY_IN_ITS_OWN_RIGHT_AND_A_LARGE_LOAN_PORTFOLIO

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedPass

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  INTEREST_ON_CASH_AND_CASH_EQUIVALENTS

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Investing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  CASH_IS_IN_THE_INVESTING_CATEGORY

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  UNWINDING_OF_A_DECOMMISSIONING_PROVISION_RECORDED_IN_DISTRIBUTION_AND_ADMINISTRATIVE_EXPENSES

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

  220,000

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Account	Debit	Credit
  Income of the investing category	220,000
  Income of the operating category		220,000

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Financing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  INTEREST_ITEM_UNDER_ANOTHER_STANDARD_THAT_THE_FINANCING_CATEGORY_TAKES_UP

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedPass

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  GAIN_ON_THE_DISPOSAL_OF_A_MACHINE_USED_IN_OPERATIONS

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Operating category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  ARISING_FROM_OPERATING_ACTIVITIES_SO_THE_DEFAULT_CATEGORY

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  EXCHANGE_GAIN_ON_TRADE_RECEIVABLES

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

  TRADE_RECEIVABLES_IN_A_FOREIGN_CURRENCY

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Operating category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  THE_RECEIVABLE_IS_AN_OPERATING_ITEM

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Same category as the item that gave rise to the difference

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

  EXCHANGE_DIFFERENCE_FOLLOWS_THE_TRADE_RECEIVABLE_THAT_GAVE_RISE_TO_IT

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  INTEREST_ON_BANK_DEPOSITS

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Investing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  CASH_GENERATES_A_RETURN_INDEPENDENTLY_OF_THE_OTHER_RESOURCES

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  SHARE_OF_THE_RESULT_OF_AN_EQUITY_ACCOUNTED_ASSOCIATE

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Investing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  EQUITY_ACCOUNTED_ENTITIES_ARE_IN_THE_INVESTING_CATEGORY

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0

• Item of income or expense to classify: nature, generating asset or liability, amount, initial recording

  TextRequired

  INTEREST_ON_A_BANK_LOAN

• Evidence about the activities of the entity: main activities, share of revenue, communications

  Text

• Exchange differences: originating item, currency, any hedge

  Text

• Amount reclassified between categories

  Number

• Documents obtained and referenced (income and expense ledger, financing contracts, statements of investments, public communications)

  EvidenceRequired

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Points examined: classification by category

  ChecklistRequired

  • All income and expenses classified into one of the five categories: operating, investing, financing, income taxes, discontinued operations
  • Operating category: everything not classified in any of the other four, including volatile or non-recurring items arising from operating activities
  • Investing category: assets generating a return individually and largely independently of the other resources, including cash and equity-accounted entities
  • Financing category: liabilities arising only from transactions that raise finance, and certain interest items arising under other standards
  • Income taxes (IAS 12) and discontinued operations (IFRS 5) in their own categories, with the related exchange differences
  • Exchange differences classified in the same category as the item that gave rise to them, unless undue cost or effort
  • Specified main business activity assessed on evidence and disclosed

• Reclassification entry between categories

  Entry

  Debit Income of the investing category ← Amount reclassified between categories ; Credit Income of the operating category ← Amount reclassified between categories

IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18IFRS 18

• Category retained for the item

  JudgmentRequired

  Financing category

  Operating category / Investing category / Financing category / Income taxes category / Discontinued operations category / Not applicable

  Professional judgment: the classification follows what the item is and what generates it, not its ledger name or the effect sought on a subtotal.

• Rationale: nature of the item, generating asset or liability, default category

  Text

  LIABILITY_ARISING_ONLY_FROM_A_TRANSACTION_THAT_RAISES_FINANCE

• Specified main business activity

  JudgmentRequired

  Not applicable

  Specified main business activity identified: certain income and expenses classified as operating / No specified main business activity / Not applicable

  Professional judgment: the assessment is a judgement based on the entity's facts and is documented.

• Rationale: evidence about the main business activity (investing in assets of a particular type or providing financing to customers)

  Text

• Classification of exchange differences and hedges

  JudgmentRequired

  Not applicable

  Same category as the item that gave rise to the difference / Exception for undue cost or effort / Not applicable

  Professional judgment: an exchange difference follows the category of the item that gave rise to it; the classification of a hedging derivative depends on the case and is documented.

• Rationale: originating item and, where applicable, hedged risk

  Text

IFRS 18

• Information to prepare on the classification

  Checklist

  • Statement of whether or not there is a specified main business activity
  • Significant judgments that led to the classification of items by category

• Effect derived from the entries

  Table

• Normative references cited in this workpaper

  References

• Item describedPass
• Category judged and supportedPass
• Specified main business activity judgedPass
• Exchange differences judgedPass
• Reclassification entry balancedNot evaluated

Assets

0

Liabilities

0

Profit or loss

0

OCI

0

Equity

0