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… Although this Standard uses the terms ‘other comprehensive income’, ‘profit or loss’ and ‘total comprehensive income’, an entity may use other terms to describe the totals as long as the meaning is clear. For example, an entity may use the term ‘net income’ to describe profit or loss. …

… This Standard uses the term ‘non-current’ to include tangible, intangible and financial assets of a long-term nature. It does not prohibit the use of alternative …

… the reporting period, even if: (a)             the original term was for a period longer than twelve months, and (b) … to refinance, or to reschedule payments, on a long-term basis is completed after the reporting period and …

… components of financial performance that may differ in terms of frequency, potential for gain or loss and …

… The following terms are used in this Standard with the meanings specified: …

… This Standard sometimes uses the term ‘disclosure’ in a broad sense, encompassing items …

… Reporting Period : (a)             refinancing on a long-term basis of a liability classified as current (see … 72 ); (b)             rectification of a breach of a long-term loan arrangement classified as current (see paragraph … lender of a period of grace to rectify a breach of a long-term loan arrangement classified as current (see paragraph …

… as working capital from those used in the entity’s long-term operations. It also highlights assets that are expected …

… When an entity breaches a covenant of a long-term loan arrangement on or before the end of the reporting …

… Changes in Accounting Estimates and Errors , and the term is used in this Standard with the same meaning. …