Which type of financial statement disclosure is necessary for post-tax gains/losses on discontinued operations?

Post-tax gains and losses on discontinued operations need to be disclosed in the Statement of Profit and Loss or as notes that accompany the financial statements based on the framework of IFRS. Discontinuation of operations is significant because it can provide insights into a company's ongoing operational performance and future financial results.

By reporting these gains or losses in the Statement of Profit and Loss, users of the financial statements can assess the impact of discontinuing certain operations on the overall profitability of the entity. Furthermore, notes to the financial statements offer additional context and detail regarding these items, helping stakeholders understand the circumstances surrounding the discontinuation, including any exceptional or one-time nature of the gains or losses.

This requirement aligns with the need for transparency and provides essential information to investors and analysts to evaluate the continuing operations independent of the discontinued ones. Consequently, presenting this information properly in the financial statements ensures that stakeholders have a complete picture of the company's financial performance and position.