The resulting gain or loss from the sale of a non-current asset is:

A) recognised in other comprehensive income, normally with separate disclosure of income and the carrying amount of the asset.
B) recognised in other comprehensive income, normally on a net basis.
C) recognised in current period profit or loss, normally on a net basis.
D) recognised in current period profit or loss, normally with separate disclosure of income and the carrying amount of the asset.

The resulting gain or loss from the sale of a non-current asset is recognised in current period profit or loss, normally on a net basis. This means that the gain or loss is included in the income statement for the current period and is reported on a net basis, which means that the selling price of the asset is compared to its carrying amount to determine the gain or loss. This treatment is in line with the recognition criteria for revenue under IFRS 15, which requires revenue to be recognised when control of the asset has transferred to the buyer.