Presentation of Financial Statements

The effective portion of gains and losses on hedging  instruments in a cash flow hedge and the gains and losses on hedging instruments that hedge investments in equity instruments measured at fair value through other comprehensive income In accordance with Para 96 of Ind AS 1, ‘Presentation of Financial Statements’ reclassification adjustments do not arise if a cash flow hedge results in amounts that are removed from the cash flow hedge reserve and included directly in the initial cost or other carrying amount of an asset or a liability. These amounts are directly transferred to assets or liabilities.


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