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Investor Presentaiton

How to distinguish between 'integral' and 'non- integral' associates or joint ventures? Meeting Jan 2018 Board meeting (cont'd) Outcome Board members analysed the following views: 9 View 1: treat all joint ventures as 'integral' and all associates as 'non- integral. • View 2: (favoured by the Board)-use our proposed definition of 'income/expenses from investments' (refer to slide # 6) to make the split between 'integral' and 'non-integral' and provide further guidance to help making this distinction. View 3: develop a definition of 'integral'. ⚫ are the activities of an associate or joint venture integrated into an entity's business/operating activities? are the activities of an associate or joint venture essential and fundamental to the investor?
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