NO.PZ2019120301000217
问题如下:
Question
A company that prepares its financial statements according to IFRS owns several investment properties on which it earns rental income. It values the properties using the fair value model based on prevailing rental markets. After two years of increases the market softened in 2014 and values decreased. A summary of the properties’ valuations is as follows:
选项:
A.€4.5 million charge to revaluation surplus and €2.0 million charge to net income
B.€6.5 million charge to revaluation surplus
C.€6.5 million charge to net income
解释:
SolutionC is correct. For investment properties, when using the fair value model of valuing assets (as opposed to the revaluation model, which is not allowed by IFRS for investment properties), all increases and decreases affect net income.
A is incorrect. Under the fair value model of valuing assets, all increases and decreases go through net income. Had it been a regular type of PP&E, the increases above cost would have gone to revaluation surplus and hence the reversal of those amounts would have been from revaluation surplus; decreases below original cost go to net income.
B is incorrect. Under the fair value model of valuing assets, all increases and decreases go through net income.
请问投资性房地产在IFRS下不能用revaluation modal吗?