RC4: Nature of Entity's Business

Maximum Score

Not scored

Prefill

Eligible

Validation

Evidence is not required

2026 Updates

None

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What is the entity's core business?

Assessment Instructions

Intent: What is the purpose of this indicator?

The entity’s primary business activities during the reporting year is useful for distinguishing infrastructure funds.

Input: How do I complete this indicator?

Select the option applicable to the reporting entity.

Terminology

Major Renovations

Alterations that affect more than 50 percent of the total asset or cause relocation of more than 50 percent of regular building occupants. Major renovation projects refer to assets that were under construction at any time during the reporting year.

New Construction

Includes all activities to obtain or change building or land use permissions and financing. Includes construction work for the project with the intention of enhancing the asset's value. Development of new facilities and additions to existing facilities can be treated as new constructions. New construction projects refer to facilities that were under construction at any time during the reporting year.

Standing Investments

Assets where construction work has been completed and which are owned for the purpose of providing a service in exchange of an income. Also known as an operating asset.

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