New income statement categories

7 min · IFRS 18
01 · Concept

Effective 2027, IFRS 18 introduces required categories in the income statement: operating, investing, financing, income taxes, and discontinued operations — plus management-defined performance measures (MPMs) and aggregation principles.

  • 01Mandatory subtotals: 'operating profit' and 'profit before financing and tax'.
  • 02MPMs disclosed in a single note with reconciliation.
  • 03Enhanced grouping/aggregation guidance.