Aggregation and disaggregation of key numbers
Classification which is the sorting of assets, liabilities, equity, income, expenses and cash flows based on shared characteristics. The guidance here is more conceptual than practical. Whoever is preparing the financial statements needs to think carefully about which material items share characteristics and can therefore be aggregated and those which do not, which should therefore be disaggregated.
For clarification, a definition or two might be useful here. Aggregation is the adding together of assets, liabilities, equity, income, expenses or cash flows that share characteristics and are included in the same classification in the financial statements. Disaggregation is pretty much the opposite of this, the separation of items into component parts with characteristics that are not shared. To this we might add a third connected feature...
IFRS 18 | AGGREGATION AND DISAGGREGATION OF KEY NUMBERS
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