Under IFRS, how can dividends received be classified, and what does this imply for financial reporting?

Dividends received can be classified as either operating or investing activities, allowing for more tailored financial reporting.

Dividends received can only be classified as operating activities, similar to GAAP requirements and standards for consistency.

Dividends received must be classified as financing activities under all circumstances and reporting conditions.

Dividends received are not reported in the cash flow statement under any circumstances or conditions.