Valuation of Assets

Before outlining any strategies for the future, a company must inevitably obtain a valuation of their assets.

What appears to be no more than a cold figure in a balance sheet may be of transcendental and strategic importance for the current or future operation of the company, as well as for the technical or market valuation that may be established.

A fixed asset may have an accounting or technical value and, also, an alternative value that will depend on its added value, and its capacity to be substituted by a similar fixed asset. The recent adoption of the IAS (International Accounting Standards), in Spanish: NIC (Normas Internacionales de Contabilidad), will provide the setting for a more efficient determination of the real value of companies. In particular, the impact of the IAS 16, that enables the valuation of fixed assets within a company according to their market price, without requiring an official order to update the balance sheets, will be of special significance in light of the recent evolution of the real estate market prices.

EUROVAL, a widely renown firm due to the number of valuation services it provides, has been accredited by the CNMV (Spanish National Securities Market Commission) under no. 7 and authorised to provide consulting and valuation services.