unpaid balance on the property. An equal provision for doubtful collection must be maintained. A6 Investments for account of This asset represents amounts deposited with Nominal value. fund/Time Deposits banks for a fixed period that are interest bearing and would include savings accounts, time or certificates of deposit and money market accounts. A7 Investments for account of This account regards: Derivatives: fair value model fund/Other Investments At purchase security is capitalized at initial cost and Derivatives which would include caps, rights, calls, futures, puts, warrants, floors, subsequently valued at fair value on individual forwards, options and swaps; investment basis. Cash balances at investment brokers; The difference between cost and the fair value must Any other class of investments not be reported as an adjustment through income included under another predefined statement. category. Cash balances at investment brokers Nominal value. B1 Investments for account of This item regards: Revaluation participants/Real Estate direct real estate investments in land Asset is carried at a revalued amount, being its fair with improvements to the land, such as value at the date of revaluation less subsequent buildings, fences, wells and other site depreciation less impairment losses. improvements that are fixed in Adjustment of property values through ledger or indirect real estate investments, being non-ledger adjustments based upon current participation in investment institutions frequent (every 3 years) appraisal. The net which invest in real estate; appreciation (the difference between the historical real estate investments in development. cost and the fair value) would be offset with an adjustment for net appreciation through the income statement.
unpaid balance on the property. An equal provision for doubtful collection must be maintained. A6 Investments for account of fund/Time Deposits This asset represents amounts deposited with banks for a fixed period that are interest bearing and would include savings accounts, time or certificates of deposit and money market accounts. Nominal value. A7 Investments for account of fund/Other Investments This account regards: Derivatives which would include caps, rights, calls, futures, puts, warrants, floors, forwards, options and swaps; Cash balances at investment brokers; Any other class of investments not included under another predefined category. Derivatives: fair value model At purchase security is capitalized at initial cost and subsequently valued at fair value on individual investment basis. The difference between cost and the fair value must be reported as an adjustment through income statement. Cash balances at investment brokers Nominal value. B1 Investments for account of participants/Real Estate This item regards: direct real estate investments in land with improvements to the land, such as buildings, fences, wells and other site improvements that are fixed in indirect real estate investments, being participation in investment institutions which invest in real estate; real estate investments in development. Revaluation Asset is carried at a revalued amount, being its fair value at the date of revaluation less subsequent depreciation less impairment losses. Adjustment of property values through ledger or non-ledger adjustments based upon current frequent (every 3 years) appraisal. The net appreciation (the difference between the historical cost and the fair value) would be offset with an adjustment for net appreciation through the income statement.
Pension%20fund%20comp%20&%20val%20guidelines%20final.docx