Page 245 - E-BOOK

- Financial assets measured at fair value through other comprehensive income, when both
of the following conditions are met: the financial assets are held within a business model
whose objective is achieved by both collecting contractual cash flows and selling financial

assets; and the contractual terms of the financial assets represent contractual cash flows
that are solely payments of principal and interest on the principal amount outstanding.

- Financial assets measured at fair value through profit or loss, when the financial asset is

held within a business model whose objective is not to hold assets in order to collect
contractual cash flows, or the contractual terms of the financial assets represent
contractual cash flows that are not solely payments of principal and interest on the

principal amount outstanding.

Financial assets - Equity instruments

All investments in equity instruments are measured at fair value in the statement of financial
position. The Company classifies equity instruments as financial assets designated to be

measured at fair value through other comprehensive income.

The Company’ s management reviewed and assessed existing financial assets as at
1 January 2020, based on the facts and circumstances that existed at that date, and

concluded that the following significant changes were required to classification and 243
measurement of the Company’s financial assets, as follows:

- Termination of the former classification of investments in debt instruments as held-to-

maturity and available-for-sale, and investments in equity instruments as available-for-
sale and general investments. Bangkok Commercial Asset Management Public Co., Ltd.

- Classification of all investments in held-to-maturity debt instruments as financial assets
measured at amortised cost.

- Classification of available-for-sale debt instruments as financial assets measured at fair

value through other comprehensive income.

- Classification and measurement of investments in equity instruments of non- listed
companies which classified before as general investment as financial assets designated

to be measured at fair value through other comprehensive income.

- Classification and measurement of investments in available-for-sale equity instruments
of listed companies that were measured at fair value through other comprehensive

income as financial assets designated to be measured at fair value through other
comprehensive income, as before.