Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions
of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after
deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally
enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise
the asset and settle the liability simultaneously.