Investments in associates, joint ventures and properties

Investments in venture capital organizations, or mutual funds, unit trusts and similar entities including investment-linked insurance funds are measured at...

• amortized cost

• fair value

• cost

• fair value with changes in fair value recognized in profit or loss in the period of the change.

It is an entity, including an partnership, over which an investor has significant influence and is neither a subsidiary nor an interest in joint venture.

• joint venture

• subsidiary

• corporations

• associate

It is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

• parent

• control

• group

• minority interest

It is a contractual agreement whereby two or more parties undertake an economic activity that is subject to joint control.

• joint control

• jointly controlled operation

• joint venture

• jointly controlled asset

It is the power to participate in the financial and operating policy decisions of an economic activity but is not control or joint control over those policies.

• joint control

• no control

• control

• significant influence

Joint ventures take many different forms and structures. Which is not one type of joint venture?

• jointly controlled entities

• jointly controlled partnerships

• jointly controlled assets

• jointly controlled operations

This property generates cash flows independently from other assets held by an entity.

• real property

• investment property

• owner-occupied property

• Property, Plant and Equipment

This property is used for administrative use and for production of goods and services to generate cash flows.

• investment property

• real property

• owner-occupied property

• Property, Plant and Equipment

Following are examples of investment property except one:

• land held for long-term capital appreciation rather than for short-term sale in the ordinary course of business.

• land held for currently undetermined future us.

• land for short-term sale in the ordinary course of business.

• a building owned by the entity (or held by the entity under a finance lease) and leased out under one or more operating leases.

The following are examples of items that are not investment property except one:

• Property held for future use as owner-occupied property

• property held for future development and subsequent use as owner-occupied property

• Property for rental purposes

• property occupied by employees