Division 19 F1

Under national GAAP based on BAD, ‘ Non-trading non-derivative financial assets measured at a cost-based method ’ includes financial instruments measured at cost-based methods as well as instruments measured at the lower of cost or market ( ‘ LOCOM ’ ) under a non-continuous basis (moderate LOCOM), regardless of their actual measurement as of the reporting reference date. Assets measured at moderate LOCOM are assets for which LOCOM is applied only in specific circumstances. The applicable accounting framework provides for those circumstances, such as impairment, a prolonged decline in fair value compared to cost or change in the management intent.