In relation to the impairment of assets, AASB 136 Impairment of Assets, requires the following disclosures for each class of assets:
I The line of the statement of profit or loss and other comprehensive income in which impairment losses are included.
II The amount of reversals of impairment losses during the period.
III The amount of impairment losses recognised directly in other comprehensive income.
IV The beginning and ending balances of any 'provision for impairment' account.

Question

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AASB 136 requires the disclosure of impairment losses in the statement of profit or loss and other comprehensive income, reversals of impairment losses, impairment losses recognised directly in other comprehensive income, and the beginning and ending balances of any 'provision for impairment' account.

In Relation to the Impairment of Assets, AASB 136 Impairment