Gains & losses on available-for-sale securities

[alpha668]

CFAI Text Vol 3, P645, EOC Q8 (P.662) & solution (P.664)
Is it that only the unrealized gains and losses on available-for-sale debt securities shall be recognozed in income statement under IFRS ? How about the available-for-sale equity securities ?
Anyone can clarify ?

 

[vicky_cool400]

taken to comprehensive income other

 

[cfageist]

Any gains or losses on available for sale securities (debt and equity) will be part of other comprehensive income on the income statement.

 

[alpha668]

cfageist wrote:
Any gains or losses on available for sale securities (debt and equity) will be part of other comprehensive income on the income statement.

Please take a look at solution to Q8 on P.664 (Reading 35)

 

[Galli]

Doesn’t it matter what business the firm is in? IB firms would have the gain/loss in their segemented operating profit and loss?