Notes to the consolidated financial statements: General
Corio N.V. (‘Corio’ or ‘the Company’) is a closed-end property investment fund and is licensed under the Financial Supervision Act (WFT). The Company is domiciled in Utrecht, Netherlands. The financial statements have been prepared by the Management Board and were authorised for publication on 20 March, 2009. The financial statements will be presented to the Annual General Meeting of Shareholders for approval on 17 April, 2009. For the company financial statements of Corio, use has been made of the exemption provided by Section 402, Book 2, of the Netherlands Civil Code. The financial statements have been prepared in compliance with the Financial Supervision Act 2007.
The comparative figures for 2007 have been reclassified in line with the management’s decision to no longer classify the French office activities as discontinued. In advance of changes in IAS40, the fair values of the land held for development purposes that were accounted for in 2007 under ‘investment property’ are now classified as ‘property under development’.
Source: Annual Report 2008, Chapter Financial Statements, page 154 (PDF, 179 kB)
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