Motif Bio plc | CIK:0001674657 | 3

  • Filed: 4/10/2018
  • Entity registrant name: Motif Bio plc (CIK: 0001674657)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1674657/000110465918023117/0001104659-18-023117-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1674657/000110465918023117/mtfb-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001674657
  • Open this page in separate window: Click
  • ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory

     

    k.Financial income and expenses

     

    Financial income comprises interest receivable on funds invested. Financial expenses comprise interest payable.

     

    Interest income and interest payable are recognized in the income statement as they accrue, using the effective interest method.