LTD “New Networks“ Is a private operator of electronic communications network in Georgia. It cooperates with leading telecommunication companies in different countries around the world.
In 2019, For LTD “New Networks“, Evalution team of SavvY assessed Movable and immovable property on the Company’s balance sheet. The provided service consisted of the following stages:
- Inspection of assets, Identify the asset to be valued and the purpose of the valuation,high communication with stakeholders and other Audit Companies;
- The optimal methods and approaches were defined for Assessable property;
- The fair value of the property was determined by the selected methods,and market research of Movable and immovable property;
- after all result agreement , In accordance with IVS and IFRS 13 standarts, an evaluation report was prepared.