A discontinued operation is a component of the Company
’s business, the operations and cash flows of which can be clearly distinguished from the rest of the Company, and which:
| | (i) | Represent a separate major line of business or geographical area of operations; |
| | (ii) | Is part of a single coordinated plan to dispose of a separate major line of business or geographical area of operations; or |
| | (iii) | Is a subsidiary acquired exclusively with a view to re-sell. |
Classification as a discontinued operation occurs at the earlier of disposal or when the operation meets the criteria to be classified as held-for-sale.
When an operation is classified as a discontinued operation, the comparative statements of comprehensive loss is restated as if the operation had been discontinued from the start of the comparative years presented.
