in IAS 34 - Interim Financial Reporting by
I know that interim F/Ss need to have a condensed income statement & balance sheet. What do you mean by condensed?

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by Level 1 Member (1.3k points)
Note IAS 34.10, it says:
If the financial statements are condensed, they should include, at a minimum, each of the headings and sub-totals included in the most recent annual financial statements and the explanatory notes required by IAS 34. Additional line-items or notes should be included if their omission would make the interim financial information misleading.

Most of the time notes are not included in condensed format.

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