Examples of IPUC in a sentence
Deferred taxes arise mainly from the temporary differences in respect of valuation of IP(UC), external borrowing costs capi- talized and tax losses carried forward.
In case the conditions are fulfilled, the fair value of IPUC (both land and construction part) will be determined by an independent appraiser report, based on RICS Valuation Standards.
There has also been particularly fast growth in foreign bond and equity holdings.
With respect to the determination of fair value of IP(UC), we refer to section 1.9 above.
IPUC are taken at fair value once management considers that a substantial part of the project’s uncertainty has been eliminated, such that a reliable fair value can be established.
IPUC are not depreciated as they are not yet ready for their intended use.
The two main estimation models used to value IPUC are residual and DCF valuations.
Means and Standard Deviations of the Paragraphs of the Third Area No.
General rule:- sale of commercial projects subsidiaries (in which real estate is developed and valued as IP(UC)) is presented in the Income Statement as a disposal of IP and not as a disposal of a subsidiary;- sale of residential projects subsidiaries (in which real estate is developed and valued as property development inventories) is presented in the Income Statement on a gross basis (i.e. revenue from the sale of inventories and cost of sales) and not as a disposal of a subsidiary.
Notably, the IPUC has not applied this test consistently and has also found formation of a LEO before a formal complaint was filed.