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If a parent within the scope of Ind AS 108 publishes BOTH its consolidated and its separate financial statements in a single annual report, segment information is required:
AIn the separate financial statements only
BOnly when each operating segment is a separate legal entity
CIn the consolidated financial statements only
DIn both the consolidated and separate financial statements
Answer & Solution
Correct answer: C. In the consolidated financial statements only
Para 4 of Ind AS 108 confines segment disclosure to the CONSOLIDATED financial statements when both consolidated and separate are presented together. The standalone statements are exempt in such cases (this is the basis for the HUL standalone-vs-consolidated example shown in the standard).
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