IVG Immobilien AG (2007) 3. Changes to accounting [extract] Valuation of investment properties in accordance with fair value method Pursuant…
IFRIC 18 and control of assets Situation 1 A real estate company is building a residential development in an area…
Klépierre (2011) 2.11 Investment property held for sale [extract] The provisions of IFRS 5 regarding presentation and measurement apply to…
IFRIC 18 and revenue recognition The facts are as in Situation 1 in above. By regulation, the network company has…
Land Securities Group PLC (2012) 2. Significant accounting policies [extract] (c) Investment properties [extract] When the Group begins to redevelop…
Skanska AB (2010) Note 1 Consolidated accounting and valuation principles [extract] IAS 16, “Property, Plant and Equipment” [extract] Property, plant…
Transfers from inventory In 2011, an entity purchased land with the intent to construct an apartment building on the land…
ArcelorMittal (2010) Notes to the Consolidated Financial Statements [extract] Note 2 Summary of Significant Accounting Policies [extract] Property, plant and…
Diminishing balance depreciation An asset costs €6,000 and has a life of four years and a residual value of €1,500.…
Output-based versus revenue-based amortisation Entity Z acquires a 5 year licence to manufacture a product for a cost of £1,220,000.…