Question about group FX gain and losses treatment

This topic has 2 replies, 2 voices, and was last updated 11 years ago by dadabobo.

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May 5, 2015 at 1:41 pm #244171
dadabobo
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Dear all and Mike,

I would like to know if I can include an fx exchange gain reserve in OCE in final group SoFP presentation or if I should create an individual line “FX gain reserve” in the equity section’? Are either ok? Is one more correct?

Thank you,

Nabil
May 5, 2015 at 5:33 pm #244207
Ruby
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The group FX exchange difference will end up in OCE so I think it is okay if you include it in OCE, as long as you show your workings. 🙂
May 5, 2015 at 7:26 pm #244228
dadabobo
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Thank you for your quick answer 🙂
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