[Verse 1] When a component's fate is sealed And management has made the deal To sell or close what once was core IFRS Five opens up the door The asset group must meet the test Available for sale at best Within twelve months from classification No delays or hesitation [Chorus] Hold for sale, hold for sale Fair value less costs, tell the tale Discontinued operations sing Separate the cash flows bring HALTS the rule, HALTS the way Highly probable sale today Stop depreciation now IFRS Five shows us how [Verse 2] Highly probable means the plan Is committed by those who can Price is reasonable for its state Marketing has set the date Unlikely that significant change Will come to disrupt or rearrange Actions required to complete Make the classification neat [Chorus] Hold for sale, hold for sale Fair value less costs, tell the tale Discontinued operations sing Separate the cash flows bring HALTS the rule, HALTS the way Highly probable sale today Stop depreciation now IFRS Five shows us how [Bridge] Measure at the lower amount Carrying value or fair discount Less the costs to sell away Review each reporting day If impaired then recognize The loss before our eyes But reversals can come back Just keep it on the track [Verse 3] Discontinued operations show Major line of business go Separate geographical zone Or subsidiary on its own Part of single coordinated plan To dispose of business span Present it separately clear In the statements we revere [Chorus] Hold for sale, hold for sale Fair value less costs, tell the tale Discontinued operations sing Separate the cash flows bring HALTS the rule, HALTS the way Highly probable sale today Stop depreciation now IFRS Five shows us how [Outro] From continuing operations apart Discontinued plays its part Classify, measure, and disclose That's how IFRS Five flows
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