Revenue – ifrs 15 handbook

11.2 
Statements of profit or loss and cash flows
Neither the revenue standard nor the standards dealing with presentation matters 
include specific requirements for presentation of items related to contracts with 
customers in the statement of profit or loss and in the statement of cash flows.
This section provides our insights on some common issues.

---

© 2019 KPMG IFRG Limited, a UK company, limited by guarantee. All rights reserved.
11 Presentation | 313
11.2 Statements of profit or loss and cash flows
| 
Presenting ‘revenue from contracts with customers’ separately on 
the face of the statement of profit or loss is not required
IFRS 15.113, IAS 1.29–30, 85
It appears that an entity is not required to present revenue from contracts with 
customers as a separate line item in the statement of profit or loss and may 
aggregate it with other types of revenue considering the requirements in the 
presentation standard. However, in providing a separate disclosure of revenue 
from contracts with customers – either in the notes or in the statement of profit 
or loss – we believe that an entity should not include amounts that do not fall in 
the scope of the revenue standard (see 
Section 12.1
).
Interest income recognised from a significant financing 
component may be presented as ‘revenue’ but not ‘revenue from 
contracts with customers’
IFRS 15.A, 65
An entity that regularly provides customers with implicit financing may earn 
interest income in the course of its ordinary activities. If so, then it may present 
interest income arising from a significant financing component as a type of 
revenue in the statement of profit or loss. However, this interest income has to 
be presented separately from revenue from contracts with customers.