For companies with a substantial volume of investment property on their balance sheet, such as Belgian regulated real estate investment companies (SIR/GVV), the fair value of these investments is a key determinant of the company’s value. It goes without saying that the information about how fair value is determined is considered important information for users of the annual financial statements.
The FSMA sets out its expectations regarding the disclosures on this topic in the IFRS financial statements. These expectations are based on the principles of IFRS 13.
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