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Asset Valuation in Systemnet

Systemnet

“Systemnet” is one of the oldest communications companies in Georgia. It collaborates with dozens of foreign companies on international traffic. In 2019, Evaluation team of SavvY assessed immovable property on the Company’s balance sheet. The provided service consisted of the following stages:

  • Inspection for identifying evaluated assets, pre-information about Physical characteristics and Accumulation;
  • The optimal methods and approaches were defined;
  • Preliminary analysis, Data collection and Following the relevant market research methods and approaches selected, the fair value of the property was determined for financial reporting purposes;
  • After all result agreement, in accordance with IVS and  IFRS 13 standards, an evaluation report was prepared.

Services

Asset Valuation

Date

2019