Page 261 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022
The Company does not classify any of its financial assets - debt instruments as financial asset

measured at fair value through profit or loss.

Financial assets - Equity instruments

From the Company’s investment policy, investments are not held for trading but for strategic
purposes. Therefore, the Company classified investments in equity instruments as financial

assets designated to be measured at fair value through other comprehensive income, with
the irrevocable election made by the management. These financial assets are initially
recognised at fair value.

Subsequently to the initial recognition, unrealised gain or loss on changes in fair value are
recognised in other comprehensive income.

As the end of reporting period, investment in equity instruments designated to be measured
at fair value through other comprehensive income are presented in the statement of financial

position at fair value.

When investments are the result of debt restructuring or a transfer of assets for debt
settlement, the Company records the cost of the investments based on the agreed price,

provided this does not exceed the book value of the outstanding balance of loans purchased
of receivables.

If the Company holds more than 20% or 50% of shares but does not have control or influence

over those entities, the Company continues to classify the investments in those entities as
investments in equity instruments and designated to be measured at fair value through other
comprehensive income, and does not present such investments as investments in an

associate or a subsidiary.

Gain or loss on disposals of investments/Income from investments

Gain or loss on disposal of investments are recognised in profit or loss on the trade date,
except for gain or loss on disposal of investments in equity instruments designated to be

measured at fair value through other comprehensive income, which are recognised in retained
earnings, with no subsequently reclassified to profit or loss in the statement of comprehensive
income.

In cases where there is partial disposal of investments, the book value per unit to be used in
calculating the cost of disposed investments is determined on a weighted-average method.

Dividend income is recognised in profit or loss, and expected credit loss is recognised in profit
or loss.

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