BBR HOLDINGS (S) LTD
ANNUAL REPORT 2015
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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Borrowing costs, planning and design costs, costs of site preparation, professional fees for
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Net realisable value of development properties is the estimated selling price in the ordinary course of
the business, based on market prices at the reporting date and discounted for the time value of money
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The costs of development properties sold and are recognised in the statement of comprehensive
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Properties held for sale
Properties held for sale are those completed properties which are intended for sale in the ordinary
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has been incurred, the amount of the loss is measured as the difference between the asset’s carrying
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directly or if an amount was charged to the allowance account, the amounts charged to the allowance
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