Answer: B. Statement of value added

Explanation:
The statement of value added is not a required component of financial statements under IAS 1. The mandatory components include the statement of financial position (balance sheet), statement of changes in equity, statement of cash flows, and statement of profit or loss. The statement of value added is often provided voluntarily by companies, primarily in some regions or industries, but it is not part of the core financial statements as defined by IAS 1.