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Integrated report Statutory reportS Financial StatementS
Standalone

assets and the contractual terms of the cash where the assets’ cash flows represent
flows. For assets measured at fair value, gains and solely payments of principal and interest,
losses will either be recorded in the Standalone are measured at FVTOCI. Movements in the
Statement of Profit and Loss or through OCI. For carrying amount are recorded through OCI,
investments in debt instruments, this will depend except for the recognition of impairment
on the business model in which the investment gains or losses, interest revenue and foreign
is held. For investments in equity instruments, exchange gains or losses which are recognised
this will depend on whether the Company has in the Standalone Statement of Profit and Loss.
made an irrevocable election at the time of initial When the financial asset is derecognised, the
recognition to account for the equity investment cumulative gain or loss previously recognised in
at fair value through OCI. OCI is reclassified from equity to the Standalone
Statement of Profit and Loss. Interest income
The Company reclassifies debt investments when from these financial assets is included in other
and only when its business model for managing income using the EIR method.
those assets changes.
• Fair value through profit or loss (‘FVTPL’)
Debt instruments Assets that do not meet the criteria for
Measurement amortised cost or FVTOCI are measured at
A financial asset or financial liability is initially FVTPL. A gain or loss on a debt investment
measured at fair value plus, for an item not at fair that is subsequently measured at FVTPL
value through profit and loss (FVTPL), transaction (unhedged) is recognised net in the
costs that are directly attributable to its acquisition Standalone Statement of Profit and Loss in
or issue. Transaction costs of financial assets carried the period in which it arises. Interest income
at fair value through profit or loss are expensed in from these financial assets is included in other
the Standalone Statement of Profit and Loss. income.

Subsequent measurement of debt instruments Equity instruments
depends on the Company’s business model The Company subsequently measures all equity
for managing the asset and the cash flow investments at fair value. Where the Company’s
characteristics of the asset. There are three management has elected to present fair value
measurement categories into which the Company gains and losses on equity investments in OCI, there
classifies its debt instruments: is no subsequent reclassification of fair value gains
and losses to the Standalone Statement of Profit
• Amortised cost and Loss. When the financial asset is derecognised,
Assets that are held for collection of contractual the cumulative gain or loss previously recognised
cash flows, where those cash flows represent in OCI is reclassified to equity. Dividends from such
solely payments of principal and interest, are investments are recognised in the Standalone
measured at amortised cost. A gain or loss Statement of Profit and Loss within other income
on a debt investment (unhedged) that is when the Company’s right to receive payments
subsequently measured at amortised cost is is established. Impairment losses (and reversal
recognised in the Standalone Statement of of impairment losses) on equity investments
Profit and Loss when the asset is derecognised measured at FVTOCI are not reported separately
or impaired. Interest income from these from other changes in fair value.
financial assets is included in other income
using the effective interest rate (‘EIR’) method. Cash and cash equivalents
The Company considers all highly liquid financial
• Fair value through other comprehensive instruments, which are readily convertible into
income (‘FVTOCI’) known amounts of cash, that are subject to an
Assets that are held for collection of contractual insignificant risk of change in value with a maturity
cash flows and for selling the financial assets, within three months or less from the date of

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