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