Division Subsequent Measurement of Financial Liabilities

After initial recognition, an entity shall measure all financial liabilities at amortised cost using the effective interest method, except for:

1. (a)

   financial liabilities at fair value through profit or loss. Such liabilities, including derivatives that are liabilities, shall be measured at fair value except for a derivative liability that is linked to and must be settled by delivery of an unquoted equity instrument whose fair value cannot be reliably measured, which shall be measured at cost.

2. (b)

   financial liabilities that arise when a transfer of a financial asset does not qualify for derecognition or is accounted for using the continuing involvement approach. Paragraphs 29 and 31 apply to the measurement of such financial liabilities

Financial liabilities that are designated as hedged items are subject to measurement under the hedge accounting requirements in paragraphs 89 - 102.