text: *(ii) Financial guarantee contracts*
  Financial guarantee contracts issued by the company are those contracts that require a payment to be made to reimburse the holder of 
  the guarantee for a loss it incurs because the specified debtor fails to make a payment when due in accordance with the terms of a debt 
  instrument. Financial guarantee contracts are recognized initially as a liability at fair value, adjusted for transaction costs that are directly 
  attributable to the issuance of the guarantee. Subsequently, the liability is measured at the higher of the best estimate of the expenditure 
  required to settle the present obligation at the balance sheet date and the initial amount recognized less cumulative amortization. 
  
  *(iii) Convertible Debentures*
  Convertible debentures are separated into liability and equity components based on the terms of the contract. On issuance of the 
  Convertible debenture, the fair value of the liability component is determined using a market rate for an equivalent nonconvertible bond. 
  This amount is classified as a financial liability measured at amortized cost (net of transaction costs) until it is extinguished on conversion or 
  redemption. The remainder of the proceeds is allocated to the conversion option that is recognized and included in shareholders’ equity. 
  The carrying amount of the conversion option is not remeasured in subsequent years. Transaction costs are apportioned between the 
  liability and equity components of the convertible debenture based on the allocation of proceeds to the liability and equity components 
  when the instruments are initially recognized. Upon conversion, no gain or loss is recognized. 