IFRS 11 Joint Arrangements: Accounting for Joint Operations

What is the difference between (iii) and (iv)? Please explain in detail, with an example of each would be best…

IFRS 11 Joint Arrangements requires that a joint operate recognizes line-by-line the following in relation to its interest in a joint operation:

(i) It’s assets, including its share of any jointly held assets
(ii) It’s liabilities, including its share of any jointly incurred liabilities
(iii) It’s revenue from the sale of its share of the output arising from the joint operation
(iv) It’s share of the revenue from the sale of the output by the joint operation, and
(v) It’s expenses, including its share of any expenses incurred jointly.