The information that is used to compile and present an entity’s financial statements for a given period and other related periods. This includes corresponding figures and comparative financial statements. Corresponding figures are comparative information (figures/ amounts and other disclosures) relating to the prior accounting period that are used as an integral part of the financial statements of the current period. These corresponding figures are intended to be read only in relation to the figures and other disclosures relating to those of the current accounting period (current period figures). The level of detail provided in the corresponding figures is determined principally by their relevance to the current period figures.

Comparative financial statements are comparative information comprising amounts and other disclosures for the prior period that are used for comparison with the financial statements of the current period but, if audited, are considered a reference point in the auditor’s opinion. The level of detail provided in those comparative financial statements is comparable with that of the financial statements of the current period.