Government grant (capital grant)

Dear Chris,

How are you?
I hope you are safe and well.
In case of releasing the government grant over the respective asset useful life as you did in your lecture through the following J.V.
Dr:deferred income $xxxx
Cr:grant income$xxxx
My question is as follow,
Is the amount of grant income which is in the credit side either must be presented as separate line in the profit or loss statement or disclosure is enough or must be presented as separate line and disclosed as well?

Thanks in advance.