Classifications of Financial Instruments in accordance with IFRS 9
(i) A Financial asset is measured at amortised cost if:

• The financial asset is held within a business model in which the intention is to hold financial asset to collect contractual cash flows;
• Each group or portfolio is being classified as held to collect and or to sell or other; and
• Assets are classified as being held to collect, if it evaluates the appropriateness of the classification through testing against past
  activities.

(ii) Fair value through other comprehensive income
Within a business financial model, a financial asset is measured at fair value through other comprehensive income if:

• The assets are held when the objective of business model is achieved by collecting contractual cash flows and selling financial assets; and
• The terms of the contractual agreement of the financial assets give rise to cash flows on a specified date that is wholly for payments of
  principal and interest outstanding on the principal.

(iii) Fair Value through profit or loss

• It is the normal default classification for financial assets, which are applicable to all financial assets except they are to be measured at amortised cost or fair value through other comprehensive income; and
• This classification includes financial assets held for trading purposes and derivatives unless they are properly designated for hedging arrangements.