The measurement of fair value is determined in accordance with IFRS 13 Fair Value Measurement. IFRS 13 defines fair value as one that has all of the following conditions:
Definitions:
Business Models
Frameworks that describe how a company creates, delivers, and captures value, in both economic, social, and other contexts.
Experimentation
The process of conducting tests and trials to explore hypotheses or new ideas, typically to gain knowledge or validate theories.
Cost Structure
An outline of the types and relative proportions of fixed and variable costs that a business incurs in its operations.
Outsourced Activities
Business processes or tasks that are contracted out to an external provider, often to reduce costs, access specialized expertise, or improve efficiency.
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