[RobertLangdon]

It’s very helpful, thanks for your response!

[RobertLangdon]

Thank you for your response but, it doesn’t seem like I will get the answer from the less active forum.

[RobertLangdon]

The word infrastructure here means house, pool, yard…
The investment in preference gives the investor the right to use these for free
So does this count as a financial asset, or just or policy benefit given to the investor?
Then how should i recognise these investment, financial liability or equity instrument, in each case of irredeemable and redeemable preferen shares ?
Many thanks !

[RobertLangdon]

Hi, Many thanks for your reply, just one more question,
In the definition of financial instrument :’any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity’
Is the right to use infrastructure fall within the term of a financial asset in the above statement ?

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