BBS stores June 09

[nbhutia]

Hi sir,

I’m struggling to figure out question ii) (before considering option 1 or 2)
I don’t understand where these figures are from:
Vretail 4338 and Vpropery is 2463?
I understand the combined valuation of $6800 but not individual value as it doesn’t state anywhere the proportion

Thanks

[John Moffat]

The value of the land and buildings is the revalued amount at the the end of 2008 of 2,297 plus the assets under construction (which relate to new building) of 165. So a total of 2462.
The remainder of 4338 is the value of retail.

[Author]

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