Construction contracts for third parties are normally accounted for based on the stage of completion. The adjustment represents the impact on NAV of the revaluation of construction contracts for third parties to fair value in accordance with the fair value principles of IVS.
SDDS Wiring-Guide
Revaluation to fair value of construction contracts for third parties
Topic: Reconcilation from Reported Net Assets to Fair Value (according to INREV Guidelines) |
Field Level: Vehicle |
Label: recon_revaluation_fair_value_construction_contracts_third_parties |
Indicator ID: 4.2.9
Industry Mapping:
Definition:
Additional Guidance:
| Data Type | Double |
| Values | ≥ 0 |
| Example | 5,377.00 |
| Reference Field | - |
| INREV Guideline ID | NAV04, RG27 |
| INREV Index reference | - |
| External reference | - |
| GDD reference | - |