SDDS Wiring-Guide

Definition:

Financial assets and liabilities such as hedging instruments or debt obligations are generally measured at amortised cost, taking into account any impairment when applicable. The adjustment represents the impact on NAV of the revaluation of financial assets and financial liabilities to fair value as determined in accordance with IVS, if not yet accounted for at fair value.

In addition, vehicles may incur costs for redemption of bank debts as a result from sales of properties. Similar to disposal costs, these costs are generally not accrued. Where the disposal of a property is expected within one year, and therefore, the redemption of the related bank debt is also expected within one year, the bank early redemption costs should be accrued in the NAV.