Measured at fair value through profit or loss
An instrument is measured at fair value through profit or loss if it is held for trading, i.e. designated as such upon initial recognition. Financial instruments are designated at fair value through profit or loss if the Corporation manages these investments and makes decisions to buy and sell the investments based on the investment’s fair value according to
the Corporation’s investment and risk Management strategy. After initial recognition, transaction costs that are attributable to the acquisition of the investment are recognized in the statement of operations when incurred. Financial instruments stated at fair value through profit or loss are measured at fair value and changes in fair value are recognized in the statement of operations. The Corporation’s instruments recorded in this category are
described in note 5.