AASB 1 First-time Adoption of Australian Accounting Standards 29-29A: Disclose the fair value, previous classification and previous carrying amount of financial assets and liabilities designated at fair value through profit or loss at the transition date

What does 29-29A require?

Where the entity uses the Appendix D elections to place a previously recognised financial asset or liability into the fair value through profit or loss category, its first statements disclose the fair value of the items so designated at the designation date together with how they were classified and carried in the previous financial statements.