A) Super Consulting is reviewing the following investments held by its clients. Investment and Description: A- Purchased 1 million 8% preference shares or porlis Bhd for RM10 million as an investment to be sold under suitable circumstances and elected to be measured at FOOL Initial transaction cost was RM100,000. The year end market price for Fortis Bhd was RM12 per share. Dividend of the preference shares was declared by the directors during the year

B- Purchased 6% bond of Pino Bhd at their RM10 million face values on 2 January 2020, to be held in a business model to collect contractual cash flows until the bonds mature in 2029. Semi-annual interest is payable on 30 June and 31 December initial transaction cost was RM100,000. The year end market price for Pino Bhd was RM10.35 million

C- Purchased 1 million ordinary shares of Kelanto Bhd for RM10 million hoping to cam profits on short term differences in price. Initial transaction cost was RM100,000. The year end market price for Kelanto Bhd was RM930 per share

D- Purchased 1 million 9 bond of Melako Bhd at their RM10 million face values to be held in a business model to collect contractual cash flows and to sell it the night opportunity arises initial transaction cost was RM100,000. The year end market price for Melaka Bhd was RM10.5 million

In order to determine the gains/losses of each investment and the amount to be reported in the statement of comprehensive Income and statement of financial position the senior consultant has asked you to prepare the required information as noted below for investment A,B,C and D respectively

(i) to determine the classification of investment AB, C and Das per IAS 32 and IFRS 9

(ii) To compute the amount to be recognised for each investment at initial recognition

(iii) to determine the amount to be reported at the financial year end in the

- Profit or Los - Other Comprehensive Income

- Statement of Financial Position