Financial fixed assets at fair value through profit or loss

This is the classification arrived at.

Category classification criteria

  • Financial assets that do not meet the amortised cost criteria
  • Financial assets designated at initial recognition. The option to designate is available: –If doing so eliminates, or significantly reduces, a measurement or recognition inconsistency (i.e. ‘accounting mismatch’). Note: the option to designate is irrevocable.

Subsequent measurement

  • Fair value, with all gains and losses recognised in profit or loss.