Evaluate the presentation requirements Kenyon plc must follow in relation to the above transactions in the financial statements for the year ended 30th June 2021.

Kenyon plc, is a global organisation with business interests and sites all over the world. Those business interests are in numerous business sectors. Kenyon plc has a year-end of 30th June.

On 21st December 2020 Kenyon plc announced it was putting its electronics division up for sale. The sale was completed on 31st March 2021.

The board of directors made the decision to close down and terminate its alloy metal manufacturing division on 15th June 2021 and was confident this would be completed within 12 months.

Both divisions had been separately reportable under IFRS 8 & IFRS 5 in previous financial statements.

Evaluate the presentation requirements Kenyon plc must follow in relation to the above transactions in the financial statements for the year ended 30th June 2021. Specific with this example