§47ii Annex V, Part 2 · ifrs18-2026-07new

Under IFRS, the gains or losses on derecognition of investments in subsidiaries, joint ventures and associates shall be reported within ‘Profit or (-) loss before tax from discontinued operations’ where they are considered discontinued operations under IFRS 5. Where investments in subsidiaries, joint ventures and associates are derecognised without being previously classified as held for sale and without being qualified as discontinued operations under IFRS 5, any gains or losses on derecognition of these investments shall be reported in ‘Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net’, where investments in subsidiaries, joint ventures and associates are assessed as institution’s main business activities in accordance with IFRS 18 and using methods other than the equity method. Otherwise, the gains or losses on derecognition of investments in subsidiaries, joint ventures and associates accounted for using the equity method and the gains or losses on derecognition of other investments not assessed as the institution’s main business activities shall be reported in the item ‘Gains or (-) losses on derecognition of investing non-financial assets, net’ . Under national GAAP based on BAD, all gains and losses on derecognition of investments in subsidiaries, joint ventures and associates shall be reported in ‘Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net’.