IFRS 15_Verge June 13

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April 2, 2018 at 6:58 am #444464
sss111
Member
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Knowing that a total of $5m should be received at the end of the year, ($2.6m present value + $0.096m unwinding of interest) + ($1.13m present value + $0.096m unwinding of interest) should have given us $5m right ?

But this is not the case.

Could you explain please. Thank you in advance!
April 8, 2018 at 8:49 am #445595
P2-D2
Keymaster
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Hi,

I don’t think that you’ve incorporated all of the payments to be received in your calculations above. There are three payments and I think you’ve only accounted for two of them.

Thanks
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