When a parent company is exempt from preparing consolidated financial statements under IFRS 10: Consolidated Financial Statements and chooses to prepare separate financial statements, it must comply with the specific disclosure requirements set out in the standard. The following disclosures are required:

1. Statement of Exemption:
   • The parent company must explicitly state that the financial statements being presented are separate financial statements and that it has taken advantage of the exemption from consolidation.
2. Disclosure of the Entity Providing Consolidated Financial Statements:
   • The parent company must disclose the name and principal place of business (and country of incorporation, if different) of the entity that prepares the consolidated financial statements in accordance with IFRS. It should also disclose the address where those consolidated financial statements can be obtained.
3. List of Significant Investments:
   • A list of significant investments in subsidiaries, joint ventures, and associates should be disclosed. This list must include the following details for each investment:
     • The name of each investee.
     • The principal place of business (and country of incorporation, if different) of the investee.
     • The proportion of ownership interest and, if different, the proportion of voting rights held by the parent company.
4. Accounting Method for Investments:
   • The parent company must describe the method used to account for its investments in subsidiaries, joint ventures, and associates in the separate financial statements. For instance, the parent might apply the cost method or the equity method as appropriate.

These disclosures are intended to provide transparency to users of the financial statements regarding the scope of the financial statements and the financial relationships of the parent company with its subsidiaries, joint ventures, and associates.