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The company A has a subsidiary B …B has a property that rents to c and c is also another subsidiary of A …
So is this classified as investment property or ppe
In B’s FS – IP
In group FS – PPE
The company A should classify as Ppe rgt….
A does not own it so is not in A’s FS at all.
But, in A’s GROUP FS, PPE, as you say. it will be PPE.