46 An entity shall include all items of income and expense in a reporting period in the statement of profit or loss unless an IFRS Accounting Standard requires or permits otherwise (see paragraphs 88-95 and B86).

Categories in the statement of profit or loss

47 An entity shall classify income and expenses included in the statement of profit or loss in one of five categories (see paragraph B29):

(a) the operating category (see paragraph 52);

(b) the investing category (see paragraphs 53-58);

(c) the financing category (see paragraphs 59-66);

(d) the income taxes category (see paragraph 67); and

(e) the discontinued operations category (see paragraph 68).