Yes. The G100 agrees that for an operation to qualify as discontinued it should comprise a significant part of the entity and constitute a strategic shift in its operations. Operations that qualify as an operating segment would normally be regarded as a significant part of an entity.
 

Yes. Entities that are applying IAS 36 ‘Impairment of Assets’ will be familiar with the notion of an operating segment.
 

Do you agree that the amounts presented for discontinued operations should be based on the amounts presented in the statement of comprehensive income? Why or why not? If not, what amounts should be presented and why?

Yes. The G100 considers that the amounts disclosed should be prepared on the same basis as the information on the face of the financial statements.
 

The G100 is concerned that additional disclosures are mandated with each new Standard or as part of the amendments to a Standard without determining whether such disclosures meet disclosure principles. While the disclosures individually, may seem reasonable and meet a user need, the Basis for Conclusions does not address the proposed additional disclosures in the context of the overall disclosure load for entities. For example, there are several requirements in IFRSs to provide reconciliations of amounts/effects of changes and the proposed reconciliation is not justified.
 

Yes.
 

The G100 supports the transitional provisions which are a pragmatic approach to implementing the changed requirements.