Investor Presentaiton slide image

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 15
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