So the Ias 36 disclosures state- For each class of plant and equipement: 1) “The amount of impairment losses recognised direclty in equity during the period” I dont understand how losses are recognised in equity direcly, the first two disclorures state. Losses im p/l and and revarsal in p/l. Do they mean impairment losses directly to revaluation reserve??
2) “The amount of reversals of impairment losses recognised directly in equity during period.
It will be very helpful if you could explain this to me with an example.