Compan!. reLYlStralion number.. N103367) Charir) registraiion number: NIC 103725 Tabbda Company Limited IA coinpan>' limiied bN' guarantee) Annual Report and F inancial Sidiemen(5 for Ihe Yc(tr Ended 18 F¢bruar¥ ?{)? S Tabbda Compani. Limited Contents Reference and Administrative Deiai15 Siraieoic Repon Trusiees, Repon 3to6 Independeni Audiiors. Repon 7109 Ind¢pendeni Examiner's Report Siaiemeni of F inancial Actlvllies 12to 13 Balance Sheel 1410 15 Siaiemeni of Cash Flow5 16 Noies to the Financial Siateinenis 17to31 Tabbda Compani. Limited Refcrence and Administratii"e Details Chairman Nqr F ionntain Devlin, Director Chief F.xecutii'e o￿l¢Cr Mrs Man," V Dei,lin, Director CharitTr Regi51ration N um ber NIC IOJ7?5 Compan!. Registration iNumber NIOii672 I'he charity. is incorporated in Northem Ireland. 1 i S A Shore Road Balli'riinan la,,herafeli Co Dcr BT45 6jA Registered Office Independent Eiaminer J A ML Clemenis Independeni F.iaininer L nit B Bal li"n)ena Business Centre 6? FenaghN' Road Galuomi Bal li mL'na Northern Ireland BT41 I FL Page I Tabbda Compani" Limited Strategic Report for the l'ear Ended 28 Februarn 2025 The Iru51¢es. who are directors for Ihe purpo5¢5 01- compan! laii. present iheir straie(FiC report for Ihe )ear ended •8 February 20?). in compliance M'iih $414C of the Compllnies Act ?006. The siraiegic report M as appro%'ed b). the trustees of ihe chariTh' on 4 Dcceniber ?0?5 and sioned on lis behalt" b).: Mr.s W1a Chief exLcuiiveofticer and trustee Mr..Fionntain Devlin ChkniDllan and Irustee Tabbda Compani" Limited Trustees, Report The trustees. Hho are direciors for the purposes of compani. la￿. present the annual repon iooether with the tinancial st21L'inents and ¢iudilors' repon of the charitable compan!. for the N'ear ended ?8 Februarn. ?0?5. Objectii ¢1 and actii"ities Objecl.f uiid uin15 The Principal acti¥'iTh' of the compan). are to promote the benefits of ihe inhabitants of Traad Balli'ronan & Ballind¢m Disirici and its Enw irons. The direciors have overseen the buildino of a new communit¥. centre and reni(Il operaiions hai'e coniinued durinn the l'ear. To Promole Ihe benefits of Ihe inhabitanis of Traad Balll'ronan & Ballindirrn. District and lis F.n￿'IrOns bi. proi'idinij Ihe pro¥'ision of faciliii¢s ai the communil! centre lor all thL' ¢uniinunity ￿'ithout disiinction or sei.race. or political religious or other opinions bi. associalin 'iih Ihe siaiuroTh" auihoritie5. voILLniar)' oruanisalions and inhabiianis in a common effort to ad￿'ance education and proi'ide facilities in the interest of social M el larL for reLreation and other leisure time occupalion M'ith the objeciii'e of improN'ing the conditions of life for ihe said inhabiianis. ObjeL'tii'e.I, .slrale¥ie.s und aclii'iiies The 0roanis21ion mana2es a large communit) facililN" and 5cveral H'ork units in BallKrLina close to the shor¢s of -h Neaoh. It proi'ides a base for a host of other conimunitN' orcFanisaiions io hold nieelinus and acli¥'iiiL's. It Ser￿l'e5 ihe Ic)¢al coinmunil! as a focal point for communil! based tourist aLli¥'iliLs. It houses a local childcare comiiiuiiin, organisation. It accommodaies a local Pensioners Llub. a Youth Club, Ihe local fuotball club. Ihe Boai Club and the local CCE. li ensures that the buildings are kept in LFood repair. hi2hli" tnaintained and assisis oih¥r ciiinmuniTh' oruanisalions to access fijnding for their aclivilies. li is a base for funeral dinners, local dance, concens and oilier communitK' ei'ents. Public beiiefil The Lompan! s acliiiii¢5 are lo promote the benefis of the inhabiianis of Traad BallJTonan & Ballinderry Disirici Ar¢a and its En¥ irons. It ha¥e pro￿ ided a purpose buili faciliiies & Centre for the cominunitN' io avail oras needed. The premises are on the shores of Louoh Neagh and therefore tourists benefil froin hawino access 10 amenits.. on their visiis. The ConipanK' also nianaoes se¥'eral M'ork uniis which allow" local people to M'ork IoLallN and benefits from being able to offc'r einploN'meni to local people. The local Council beiiefils because 'l.4BBDA has a service lekel aureemeni wil them and ensures that the local pla%. park. carai'an site and toilets are maintained io a hi¥h Standard and ihai tourists are made to feel w'elcomed and v(Ilued. A series of local oroanisalions also benefii fron) the li ork of l-ABBDA Compani. Ltd in thai il proi ide5 facilities lor luneral dinners, for the Lou2h Neagh ResLue oruanisaiion. for the local Fleadh. for the boal club. bul it also bLnefiis the local IK'omen'5 Group. the Peiision¢rs Club, Ihc Drania group. lo name but a fem. ol. Ihe oruiil 'l-he Meniorandum and Anicle5 01. Associdtion govern ihe aciions of the direclors M'ho arL' a150 ihe tru51ees Financial inslruments ()bjeL'ili'e.s uiidpi)lii'ie.s I'he chariN s acli¥ ili¢s ¢'Kp()%L' it to d numbL'r of financial risk5 including ¢rcdil risk, cash flo￿ risk and liquidiN' risk. The use or rilliincial dLrii'alii'¢s IS g?uN'crnL'd b!. Ihc charii!, s poliLiLs appr()ILd bN' Ihc buard of triislees. which pro¥ ide ii'rillLli principles on Ihl u%e of Iinan¢ial derii'atives to lll¢indge Ihis¢ risk5. '1-he Lh(Iril!' doLS not u.se derivaiive tiiiancial insiruiii¢nt% lor specul'ear. UndL'r coiiipan> 1<114 Ihe Truslecs musl not approve the Iinancial %laiLIIILliiS unlL'%% thes, arL satisfied thai Ihes. gJivL' a truc arid fdir ￿ ieH' of Ihe slate i)r allairs of (he chariiabli Loiiipaiii and ol. IhL' inc()iiiing rcsources and appliL(Ili()n ol. rL%OLirLes, inLludiii&? ils inconie and expLndilurc. of the Lliariiable Loinpdn!. l(Ir that period. In preparinb ihc%L. fincinLldl 5t(Ilemenis. the trustees are required io.. select suitable accounting policies and appl! Ihcin consisienil J.: obscrve the mcihods and principles in (hL C h4irities SC)RP: mak'e judgements and esiiinatC5 thai are rLa%onablL' ¢iiid prudent: slate ￿hether applicable accounting? slandard5. Lomprising FRS 102 have bL'en folloi%ed, subjlci 10 an%. malerial departures disclosed and L'iplained in (he fii)(Incial statem¢nis.' and pr¢pare the financial stalemenis on thL' ¥oingi concern basis unle$5 il is inappropriate io presume (hal the harilable compan). w ill coniinue in busine.%s. The iru%lcL'5 arc rLsponsiblL' for kLLPlli& pi'iipcr ilLC()Iiiiliii¥i reLords ihal can di%clo.%L ￿'11h rLi1SC)lldbl¢ dLcuraLN 411 an), liin¢ the finaiiLial p()siiion ol. the Lh41rilable Lomp. and hence for lakin&y r¢a.%i)nable sleps for Ihe pre¥'Lnlion and deiection of fraud and other irrL'guliirities, l-he Iru51ees arc rcsponsible for the inainienai)ce and iniL'gTrii)' of the corporate and financial informdlion includLd ()n Ihe chariiablL' coinpani % website. L¢'LJj4lalj()n Lioverning the preparation and dissemination or financial slaleinenls maN ditT¢r froin leeislalion in other JurisdiLiioll5. Disclosure of informmtion to audilor EJch Iru%ieL hd% laken SILPS IlJdl IIiL'!' oughi to ha¥'e lakcn as a Iruslee in order 10 make ihem5elves aw'are of ani. relewiilli audil inforniation and iv establish Ihal Ilie chariii s auditor is am'are of th21 infornialion. 'fhc irusieL's confim) Ihal Ihere is no relevani infomiation Ihal Ihel. knoH' ofand of ￿'hICh they kno￿, Ihe auditor is unam are. Tabbda Compani. Limited TrustC'L'5' Report The annual repon was approved bj. the trustees of ihe charil). on 4 Deccinber ?0?5 and signed on its behalf b).: Mr5 Mar l)¢K lin C hiL f L'XLLlllike ufTILer and Irustce ()nniaiii l)ei,lin aimian and trustee PaL)¢ 6 Tabbda Compan). Limited Independent Auditor's Report to the Ilembers of Tabbda Compani Limited Opinion e haK"e audited the fiiiancial siaiLmen15 of Tabbda Compan>. Limited {Ihe '¢haril!'I for the lear ended ?8 FebruarK ?O7S H hich coinprise the Siaiemenl of Financial Aciiviiies. Balance Sh¢ci. Siaieii)eiii of Ca.41) Flc)ii %, and Notes 10 the F inancial Siaieineni%. includin¢J a suminary of sionificani acLouniints policies. The tinaiicial reponing framem'ork. thai has been applied in (heir preparation is United liingdom Accountino Siandards, omprisino ChKiriTies SORP - P RS I O? 'The Financial Reporting Standard applicable in the L K and Republ ic of Ireland, and applicabl¢ la￿ (L niied KinLYdom Generall).. Accepted Accounting Practice). In our opinion the linancial siaieinents.. gil'e a Irue and fair N'ieii of Ihe slate ol- the chariti s atTairs as ai ?8 Februan ?O?i and of 115 incoming resourccs and appl iiaiion uf resources. includints 115 income and expendilure. for the N'ear then ended. have been properli prepared in accordance M'iih Uniled Kingdom GenerallN' Accepted Accountin& Practice,. and ha¥'e been prepared in accordance M'ith the requiremenis of the Companies Acl ?006. Basis for opinion W'e conducied our audit in accordance ￿1th Internaiional Srandard5 on Auditin￿ ILrKI IISAS (L,'Kl} and applicable law.. Our responsibil iiies und¢r those standards are funher described in Ihc auditor responsibilities for che " give a truc and fair vie￿. and for such intemal control as the trusiees deterniine is necessar%. to enable ihe preparaiion of financial 5talemenis chai are free from material missiat¢inent. ￿'hether due to fraud or error. In prep repon is liiniled lo thc)s1 %pLi ifiL llidiiLf% SLI oui in ihL' indcpciidLnl ¢KaniinLr % slalciiieiil. Independent examiner'5 .slatemenl I liai'L Luinpleled Inl L.iaiiiinaiion. l Loi)fimi that no matlers have come 10 m). (itteniion in connection ￿ iih the examinalioi) b)i¥'ing Ine causL 10 beliL'i'e'. acc()unling rL'cords ￿'ere noi kepi in respeci of Tabbda Compani Limiled as requirLd b¥ scciion 3116 of the ?006 Aci: or 2. Ihe accoun15 do n(Il acLord wilh Iliii%e reLords: or 3. the aL¢ounls do noi L()mpl% M'iih Ihe acLC)uniing requiremeii15 of seLtion 396 1)f Ihe )006 Aci oiher than an!. requircnienl thi11 Ihi accounts give a 'irue and fair ￿ ILW, ￿hICh is noi a maiiLr con%idered as pan of an indLPL'ndL'nl eN(Iiniiialiciii'. ()r 4. Ihe acc()unis hai'e n()1 been prepared in acL()rdance w'ith Ihe methods and principles ol. IhL' Siaiement of Recoininended l)raLlic¢ fur accounting . ?6.450 ?7.3{1? All of ihe cash flc)H's are dcrii'ed from continuing7 operations during Ihe abo%'c Iwo pcriods. The noles on paijes 17 to 31 forni an integral pan of these financial siaiemenis. Page 16 Tabbda Compan). Limited 1Sotes to the Financial (>tatement% for the l'ear Ended 28 Februan. 202$ I Chariti. status The charity. is limited bi, guarantee. incorpciraled in Northern Ireland. and consequenils. does not haN'e share capital. Each of Ihe iruslees is liable lo c(ii)Iribul¢ an ainc)uni noi exceedin&J £ l ioH'ards the assels ol- Ilie chai'ily in the eN'eni of liquidation. The address of ils registered offiLe is.. 135 A Shore Road EJalliTonan M(Igherafeli Cu l)¢'m' BT4$ 6JA These financial statements were auihori5ed for issue b) the irusiees on 4 December ?025. 2 Accounting policies Summari. ()f significant aLruunlink piiliLIL'.% kei. IlLC()unling estim#lc'5 I'IIL priiicipal aLLuuiilinb poliLILS IippliLd iii IIIL PI'LPiiraiii)ii ol. Ih¢se Iiiiiincial siaiemenis are sei oul below. These p()licies hai'e been Lonsi%iL'iiII! applied (i) all IliL l Lars presLnied. unless oth¢N'i%L' %l¢llLd. talement of c()mpliance 'I'he financial sidien)ents haK'e been preparLd in a¢cordance wilh Accounting and RL'p()rting, b}.. C'liarilies.. SidlL'menl of RL'commendcd l)rilLIiL¢ (applicable Io Lhariti¢'s prLPdrinL IhLif (iccounts in ilLLiirdaniL' ￿ itli ihe l.'inancial Reportin&i Siandard applicablc in IliL' I IK (Ind RLpubl ic of IrLlaiid l F RS I O?)) I iSSULd in ()cti)bLr 111191 (CliariiiL'% SORI) I fRS I O? )). lh¢ l.'inancial RLpc)ning S141ndard applicable in the LIK aiid RLpLibl ic lil. IrL1<11id I F'RS I O?) and the CompaniL'% Act ?OU6. Ild5iS of prcpllralion l (Ibbda Coinpan). LimilLd mcL'l% Il)e detiiiiliiin of a public benetil cnlil>' under FRS 101 A55¢15 and liabilities lire iniliall!. rccognised ai hisiofiL(Il c051 or Iransa¢lion value unless otherwise siaied in Ihe relevani accouiiting polic¥ notes. Going ¢on¢crn The trnstees consider thal there are no maleridl uncertainlics about the charit> s abilil). to continue a.s a going concern nor ani, significant areas of uncertainli ihili affect Ihe carTh'ing value of assets held b) the chariis.. Trlln5ition to FRS 102 I n pr¢paring' the aL¢ounls. the IruslL'L.% h(11 L L()nsidLfL'd 1% hciher in appli'ino the accouniing p()1 iLi¢4 rL'quir¥d b). F RS 10? and the Iharities SORI) F RS 111? a re.%laiLineni uf cumparalive ileins w'as required. No rL%iaiiincnts are required as a result of the Iran.g11i()n lo l.-RS I O? Income an(1 endow"men15 All income is recognised once the charii!. has enlitlemeni Iii the income. il is probable ihai ihe income H'ill be receiNed and ihe amount of Ihe income rcceivahle can be measured reliably. Page 17 Tabbda Compan). Limited Jotes to the Financial Statements for the l'ear Endcd 28 Februan. 2025 F.xpenditure Al l eKp¢ndilure is reco?nised once ihere is a leoal or ¢onstruLli%'e obl inalion io that eNpendiiure, il is prob(ible senleinenl is required and the amouni can be Iniasured rLliabl!. All costs are allocated io the appliiable elpendiiure headino Ihai aggreoaie similar costs to Ihat caieL)oTh. ￿,hLre LOSIS cannoi be direcil! artributcd 10 panicular hcadinos theN' ha￿¢ been allocated on a basis consisieni iiiih Ihe use of resources. H'ith central staff costs alloLaiod on ihe basis of lim¢ spent. and depreciaiion charoes allocated on rhe ponion of the asset's use. Oilicr support cosis are allocaied based on the spread of sthrr costs. Rai5iiis'funds Tl)ese ¢ire costs incu￿ed in allraciing voluntar¥' income: Ihe n)anao¢in¢nt of in￿eStmentS and those inCu￿ed in trading actiN'iiies thai raise funds. Support cos15 Suppiin cosis include central functions and hal'e been allocaied 10 actii'irn cosi cateoories on 8 basis consistent 'iili ilie use of resources. for example. allocaiing propert! COS1% b!. floor areas. or per capita: staff cosls b), Ihe lime speni and other costs bi their usa?e. Goi'ernanee costs These include Ilie cosis allribuiable to the charirN' s compliance w'ith ¢oi)slilulional and slaluloTr' requireinenls, inLludinu audii. straleoic managemeni and trustees meelinos and reiinbursed expenses. Goi'ernment gronts ReLL11 L.d trriiiii Kl id U Istrer District Council £13725 Ta%aiion The charirN' is considered lo pass the tests sel out in Parauraph I Schedule 6 of the Finance Act ?010 and therefore it meLts the definition of a charitable compan! for LIK corporaiion lax purposes. AccordinglTr. the charili 1% potentiall! exempt from taialion in respecl of incoiiie or capital 2ains receiN'ed Mithin cateoories L()i'ered bK' Chapter i Part I l of che Corporaiion Ta.K ilci 101 O or SL'LliI)n ?£6 of ihe Taxation of Chargjeable Cjains .4ct 199? io the exlenl Ihat such income or gains are applied ¢Kclusii'¢l!' to chariiable purposes. Tangible filed asset5 I ndividual fixed assets costing £ 100.00 or more ar¢ initiallN" recorded ai cosl. l)epreciation #nd amorlisalion l)epreciaiion is prvvided on lanb)ible filed assets so ds 10 i%'rit¢ off the cosl or valuaiion. less an) estimated residual k'alue. o¥'er Lheir expected useful economic lile as follo￿5.. Trade debiors Trade debic)rs are amounis due from cusiomers for merchandise sold or services perfomied in the ordinary course of business. Trade debiorg are recognised initiall), ai Ihc transaction pric¢. TheN are %ub%equenilN measured at amortised cost usinL the ettectii'e interest mL'ihod. less proi'ision for impairmeni. A pr()¥i5ion for the impairn)ent of trade dL.btors is esiablished M'hen there is objecli%'e ei idence that Ilie chariN M 111 ncii be able io collecl all amounts due according to the original ierms of the re¢eii'ables. Pa(Fe 18 Tabbda Compan). Limited otes to the Financial Statements for the l'ear F.nded 28 FebruAn' 2025 Cash and ca_4h eq uii'alents c.ash and cash equi¥alL'I)1s comprise cash on hand and call deposils. and oiher shon-lerni hi(shlN' liquid iiIN'estmeiiis Ihai are readil! con¥'ertible io a knoH'n amount of cash and are subject to an insionificant risk of chanoe in i'alue. Trade creditor5 Trade crediiors are obliuations 10 paN for goods or services ihat have been acquirld in Ihe ordinaTr" course of business fr()m suppli¢'r%. ALcoulli% pal'able are classified as current liabiliiies if th¥ Lharin does not have an unconditional riohi. ai Ihe end i)r the reponina period, to defer settleinenl of ihe creditor lor al leasi Imelke monihs after the rL'POrtiniF datc. If there is an uncondiiional ri(y .hi to deter seiilLm¢lll lor al least IM elfvc months afier the reportin£ daiL. theN' are presenied as non-currenl liabilities. Trade creditors ar¢ reconnised initiall) ai the transa¢lion price and subsequentli. measured ar amortised cost usin(F ihe etteciiie inlorL'%i meihod. Borrom'ings Inieresi-bearing borroii'ings are Initiall￿ recorded ai fair value. nei of iransaclion costs. Interesi-bearing borr(Iii'ings are subsequenili Ca￿led ai amortised cost, ￿"1[h thc differenLe bet￿'een Ihc pro¢eL'ds. net of Iransaciion COSls. aiid Lhe dinounl due on redempiion being recognised a5 a charge lo the Siateineni of F inancial Aciii ities oNer IhL period of Ihe relei'ani borro￿.in2. Inieresl elpensc 14 recognised on the basis of the effeciii'e interest meihod and is included in inieresi pa1.able and similar charees. Borroil inos are cla55ified a5 Lurrent liabililies unless the charit¥. has an unconditiunal riuht to defer senlemeni of the liability. for al leas1 Iwelve monihs aher the reporting dale. Foreign exchangc -1 raiisaciions iii fui'eion currL'ni ies are recorded at ihe rale of exchanoc ai Ihe date of the Iransaciion. Monetary, asseis and liabiliiies denoniinaied in foreign currenci¢5 at the balance shcLi d¢ile are reponed ai lh¢ rates of eichange preN'ailing ai thal dale. The resulis of 0￿erSeaS op¢'rations are iranslated ai Ihe average raies of eNchan(ve duriniy Ihc pcriod and their balanLL' 5heeis ar the rates rulinu ai the balance sheer dale. E.Kchantse ditT¢rences arisiiig on Lrdnslalion ot- Ihe openin(T nel asseis and resulis of oN'erseas operaiions are reported in oiher coinprehensike income and accumulated in equiiN' lattribuied 10 non-conirolling interests as appropriaie}. Oiher exchantsc differences are recogni5ed in Ihe Statement of Financial Aciii'iiies in Ihe period in H'hich (hey arise except for.. I l exchan. oe difterences on Iransaciions entered into to hedge certain foreitrn currenci risks (see aboi'e)- 2) eKchan ue ditTerenci's arisino on oains or losses on non-monetar). ileins M'hich are recognised in oihL'r comprehensive income. and 3) in Ihe case of Ihe Lonsolidaied financial slalemenis. exchange difterences on moneldn" items reCei￿able from or pa! able lo a fiireign opcralion for ￿hich settlement is neither planned nor likeli. io occur {Iherelore lom)in() part ol- the nci iniestmeni in Ihe forei(Fn operation). ￿h]ch are recognised in other LC)nipreheiisii'e incom¢ and reported undLr equil).. Page 19 Tabbda Compani Limited otes to the F inancial Statements for the I'L'ar Fnded 28 Februan. 21)25 Fund structure Unre%iricled in¢ome fund5 are general funds thai are available for use at ihe Irusices discreiion in furtherance of the objccli¥es of the charii).. ResiriLicd income ￿ndS are ihose donaied for use in a panicular area or for specific purposes. Ihe use of i¥,hich is rcstricied io Ihai arca or purpose. Pensions and other post reliremenl uhligalions Th¢ chariiN' operates a dLlinLd coiiiribulic)n pension scheme thhich is a pension plan under HhiLh fiNed coniribulions arc paid inio a PLnsii)n fund and the charilfv. has no legal or conslruciive oblioaiion i() paN' funhL'r contributions cKL'n if tli¢ tund doLS niil hc)Id %uificient assets lo pa￿ all cmplo)'ees thc benclils relaiin¥ lo emploi ee sLrk ice in ilie currLnl and prior PLriods. Coniribuiiuns to definLd conlribuiion plan% arc reco&)nised in (h¢ Staiemenl ol. P inanL ial Acliviiies M hLn ih¢y' are due. If Loniribuiion paN'ments e.xceed the contribution due for service. the excess is recognised a5 a prepal'meni. Financial instrumcnt5 clu.i.iific.dliiin l.'inancial asseis and finiinlial lidbililies are recogJni5cd M'hen the charii). becomes a part!. lo the contractual pro¥'isions of Ihc instruincnl. FinanLial liabilitie5 arid equii!. in_4irumenls arc cla%sified according lo the substance of Ihc contraLIun or law. I n Conlractuiil provisions n)a)' perniii Ihe extensi(In ol. the tenn of the dLbi inslrumeni. pro%'ided thal Ihe retum to the hulder and lin) oihL'r cuniraLlual prL)¥'i5ions appli¢ablL' durii)e the eiiendL'd Icrni Siili51s' Ihe cc)ndilioiis ol. Pt)fÉi¥raph% (a) 10 {¢). DL'bi inslrumLnis (hal are classified a5 pa￿ab]e or r¢cei%'ablL H'iihin one l'ear on iniiial recogFnition and H'hi¢h IIIL'ei Ihe abovc iondilions are measured ai the undi%Loui)led amouni of the cash or oiher consideration expL'LILd lo be paid or rec¢'ived. nel of impaimeni. W'iih Ihc e.xL¢ption of some hed&iing instrumen15. oiliLr d¢bi in51rumcnl.s nui meeting these condition5 are measured al fair i'alue through profil or loss. Coiiimiin)ents io make and receive 104ins ￿hICh meet the cundiiion5 nienlioned above are measur¢'d at cost (M hiLh Inai. be nil) IL'5$ iinpaim)Lni, Ini.'cNIIiiLiil% in non-coni'ertible prL'ferencc shares and n()ii-pulldble ordin¢lrn ()r preterLnce share5 (H'hLr¢ sharLS dre publicli Ir4ided or Ihcir lair value is reliablN' measurable) arc mcasured al fair ¥'aluL' Ihrough profit or10sS. I'here fair kalue cannot be measured rel iabli, ini'cstinLnls are niL'asured al cost ILSS in)painnenl. Ini'es11)ienls in subsidiaries