51If an entity:

51 If an entity:
(a) invests in assets as a main business activity, it shall disclose that fact.
(b) provides financing to customers as a main business activity, it shall disclose that fact.
(c) identifies a different outcome from its assessment of whether it invests in assets or provides financing to customers as a main business activity (see paragraph B41), it shall disclose:
(i) the fact the outcome of the assessment has changed and the date of the change.
(ii) the amount and classification of items of income and expense before and after the date of the change in the outcome of the assessment in the current period and the amount and classification in the prior period for the items for which the classification has changed because of the changed outcome of the assessment, unless it is impracticable to do so. If an entity does not disclose the information because it is impracticable to do so, the entity shall disclose that fact.

The operating category

52 An entity shall classify in the operating category all income and expenses included in the statement of profit or loss that are not classified in (see paragraph B42):
(a) the investing category;
(b) the financing category;
(c) the income taxes category; or
(d) the discontinued operations category.

The investing category

53 Except as required by paragraphs 55–58 for an entity that has a specified main business activity, an entity shall classify in the investing category income and expenses specified in paragraph 54 from:
(a) investments in associates, joint ventures and unconsolidated subsidiaries (see paragraphs B43–B44);
(b) cash and cash equivalents; and
(c) other assets if they generate a return individually and largely independently of the entity’s other resources (see paragraphs B45–B49).
54 The income and expenses from the assets identified in paragraph 53 that an entity shall classify in the investing category comprise the amounts included in the statement of profit or loss for (see paragraph B47):
(a) the income generated by the assets;
(b) the income and expenses that arise from the initial and subsequent measurement of the assets, including on derecognition of the assets; and
(c) the incremental expenses directly attributable to the acquisition and disposal of the assets – for example, transaction costs and costs to sell the assets.

55 For the assets specified in paragraph 53(a) (that is, investments in associates, joint ventures and unconsolidated subsidiaries) that an entity invests in as a main business activity (see paragraph B38), the entity shall classify the income and expenses specified in paragraph 54:
(a) in the investing category if the assets are accounted for applying the equity method (see paragraphs B43(a) and B44(a)); or
(b) in the operating category if the assets are not accounted for applying the equity method (see paragraphs B43(b)–(c) and B44(b)–(c)).
56 For the assets specified in paragraph 53(b) (that is, cash and cash equivalents), an entity shall classify the income and expenses specified in paragraph 54 in the investing category unless:
(a) it invests as a main business activity in financial assets within the scope of paragraph 53(c) – in which case it shall classify the income and expenses in the operating category.
(b) it does not meet the requirements in (a) but provides financing to customers as a main business activity – in which case it shall classify:
(i) the income and expenses from cash and cash equivalents that relate to providing financing to customers, for example cash and cash equivalents held for related regulatory requirements – in the operating category.
(ii) the income and expenses from cash and cash equivalents that do not relate to providing financing to customers – by applying an accounting policy choice to classify the income and expenses specified in paragraph 54 in the operating category or the investing category. The choice of accounting policy shall be consistent with that made by the entity for the purpose of the related accounting policy for income and expenses from liabilities in paragraph 65(a)(ii).
57 If an entity applying paragraph 56(b) cannot distinguish between the cash and cash equivalents described in paragraphs 56(b)(i) and 56(b)(ii), it shall apply the accounting policy choice in paragraph 56(b)(ii) to classify income and expenses from all cash and cash equivalents in the operating category.
58 For the assets specified in paragraph 53(c) (that is, other assets if they generate a return individually and largely independently of the entity’s other resources) that an entity invests in as a main business activity (see paragraph B40), the entity shall classify the income and expenses specified in paragraph 54 in the operating category.