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Fair value gain/loss of investment properties

QuestionsCategory: MiscellaneousFair value gain/loss of investment properties
Ang Henry asked 5 years ago

Hi I I’m wondering if I’ll need to subtract/add the numbers from investment properties under the balance sheet column and rebalance the figures?

1 Answers
Victor Chng Staff answered 5 years ago

Hi Henry,
If there is a revaluation in property which will reflect fair value gain/loss. You have to subtract/add the figures

Ang Henry replied 5 years ago

Ok so we’ll need to deduct under non-current assets from balance sheet as well?