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7. Property operating expenses

Property operating expenses can be specified as follows:

8. Result on property sales

The result on property sales can be specified as follows:

9. Management expenses

The management expenses comprise:

10. Financial results

The financial results can be specified as follows:

11. Unrealised results

The unrealised results can be specified as follows:

12. Tax

The income tax expenses for the year can be reconciled with the accounting profit as follows:

13. Other comprehensive income

The other comprehensive income during the year can be specified as follows:

14. Intangible fixed assets

The intangible fixed assets can be specified as follows:

15. Investment property

The investment property can be specified as follows:

16. Investment property under construction

As set out in Note 3, in arriving at their estimates of market values, the external independent real estate valuation experts used their market knowledge and professional judgment, rather than relying exclusively on comparable historical transaction

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