19-04-2014, 10:19 AM
Hi,
I read differing treatments of PPE and investment properties in property company annual reports and would appreciate some education from kind forumers.
The property as in PPE is a piece of property that is used for the day to day running of its business, correct? Is it carried at cost (-depreciation etc) or would there be fixed revaluation period in which its revised value would be updated in the annual report?
The investment property is a piece of property used to derive an 'other income' as opposed to its core business income, correct? Is it carried at cost (-depreciation etc) or would there be a fixed revaluation period in which its revised value would be updated in the annual report?
How to uncover properties whose to-day value is >> value reflected in the annual report?
Thank you.
I read differing treatments of PPE and investment properties in property company annual reports and would appreciate some education from kind forumers.
The property as in PPE is a piece of property that is used for the day to day running of its business, correct? Is it carried at cost (-depreciation etc) or would there be fixed revaluation period in which its revised value would be updated in the annual report?
The investment property is a piece of property used to derive an 'other income' as opposed to its core business income, correct? Is it carried at cost (-depreciation etc) or would there be a fixed revaluation period in which its revised value would be updated in the annual report?
How to uncover properties whose to-day value is >> value reflected in the annual report?
Thank you.