4(1)The reserves, provisions, liabilities and assets shall be classified under headings appropriate to the company's business:
Provided that—
(a)where the amount of any class is not material, it may be in eluded under the same heading as some other class ; and
(b)where any assets of one class are not separable from assets of another class, those assets may be included under the same heading.
(2)Fixed assets, current assets and assets that are neither fixed nor current shall be separately identified.
(3)The method or methods used to arrive at the amount of the fixed assets under each heading shall be stated.