Investor Presentaiton
T
CA Investment property – Group level
THE INSTITUTE OF
CHARTERED ACCOUNTANTS OF SRI LANKA
Group of companies
One group entity leases property to another
group entity
Investment property at the entity level
At the consolidation level - PPE (LKAS 16)
From the group's point of view - Owner occupied
Property leased to an associate / JV - IP
CAT
THE INSTITUTE OF
CHARTERED ACCOUNTANTS OF SRI LANKA
Investment property?
Scenario
Yes / No
Property 'Mount' - a block of flats being developed and
intended for sale in the ordinary course of business
No
Property 'Soon' - Entity A constructs an office block which
will be used as offices by Entity A on completion
No
Property "Green" - an office block owned by an entity
within the group and leased to an associated company
Yes
A plot of land held for a currently undetermined future use
Yes
A property acquired for a capital appreciation but used by
No
Entity as its head office
15View entire presentation