| 1. | Results of operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1.4 | Finance costs and finance income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Finance costs/income are recognised in profit or loss using the effective interest rate method as the instruments to which this relates are measured at amortised cost. Where the core business of a Group subsidiary is providing finance to its customers, the interest earned from these customers is recognised as revenue and the related interest incurred is recognised in finance costs incurred in the generation of revenue in the income statement. In all other scenarios, interest is recognised as a finance income or finance expense below operating profit.
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