Under IFRS, institutions providing only finance to customers or investing exclusively in specific classes of financial assets (e.g. only debt securities – IFRS 18.B40) as main business activities shall report income and expenses related to their investments in financial assets (where they are not part of the main business activities) in the following items, instead of using the corresponding line items within the ‘operating category’ of the statement of profit or loss:
‘Interest income on investing assets and on any related financial instruments’, without any breakdown by accounting portfolios, but considering, in terms of reporting content, the instructions under paragraphs 31 to 37 of this Part;
‘Interest expense on investing assets and on any related financial instruments’, without any breakdown by accounting portfolios, but considering, in terms of reporting content, the instructions under paragraphs 31 to 38 of this Part;
‘Gains or (-) losses on derecognition of investing financial assets and of any related financial instruments not measured at fair value through profit or loss, net’ without any breakdown by accounting portfolios, but considering, in terms of reporting content, the instructions under paragraph 45 of this Part;
‘Gains or (-) losses on investing financial assets and of any related financial instruments measured at fair value through profit or loss, net’ including any gains or losses on financial instruments held for trading or designated at fair value through profit or loss and any gains or losses on non-trading financial assets mandatorily at fair value through profit or loss, also considering, in terms of reporting content, the instructions under paragraphs 44 and 45 of this Part.
‘Gains or loss from hedge accounting related to investing assets, net’ considering, in terms of reporting content, the instructions under paragraph 47 of this Part;
‘Impairment or (-) reversal of impairment on investing financial assets not measured at fair value through profit or loss’ considering, in terms of reporting content, the instructions under paragraphs 51 and 53 of this Part;
‘Other income or (-) expenses on investing financial assets’ including amounts that are not reported in the items above and they are related to investments in financial assets.