[derick90]

Thank you @secondstar .From your explanation i realize a Revaluation Gain on an Asset is not a Statement of Profit or Loss item and that explains why it is not adjusted out from the Operating Activities. But supposing it was impairment suffered by the Asset, would it be adjusted out under the operating Activities?

[derick90]

Thank you @neilsolaris

[derick90]

Hey guys, just asking; why don’t we adjust out Revaluation Gains under the operating Activities as we do for depreciation in the preparation of the Statement of Cash flows?
Thank you.

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