(Українська) Оцінка транспортних засобів

Valuing assets on temporarily occupied territories

Methodology for determining the damage and extent of losses caused to enterprises, institutions and organizations of all forms of ownership as a result of the destruction and damage to their property in connection with the armed aggression of the Russian Federation, as well as lost profits from the impossibility or obstacles to conducting economic activities. When assessing property to which there is no access, the specified Methodology is difficult to apply, because in fact the owner has lost his entire business and it does not matter whether the assets of this business were damaged or not. The value of the assets will be determined based on the data of 2021, which preceded the large-scale invasion, and this will be the market value for tangible assets, as well as the market value for obligations with an analysis of the possibility of fulfilling these obligations. From the point of view of lost profits, the value will be determined by the value of the lost business, which would be carried out using all the assets of the lost enterprise, and therefore the value of the business, if it is reasonably determined, will also include the value of the assets on which this business operated. It may be necessary to determine the value surplus assets, i.e. financial or other, not involved in the business, and add to the value of the business.
Valuation of automobils in Ukraine has to be carried out according to a special “Valuation methodology on appraising wheeled transportation vehicles” (WTV). This methodology assumes the use of information about sales prices presented in a special “Vehicles expert’s Bulletin” (or handbook for specialist in transportation vehicles). This handbook is published quarterly and sold by a private company. The book contains prices for WTV that have been sold or offered for sale on the territory of Ukraine. The authors claim that it contains data on all sales and offers for the sale of WTV throughout Ukraine. The requirement to use a paid edition – is set out in the regulatory legal act “Valuation methodology on appraising wheeled transportation vehicles”. And only in some rare cases, not related to taxes or in the absence of data in the “Bulletin”, it is aloud to value a vehicle based on the analysis of market data.

Cash flow is based on terminal value

In some cases, for assets with long or indefinite useful lives, the discounted cash flow method may include a terminal value, which is the value of the asset at the end of a specified forecast period. In other circumstances, the value of the asset may be calculated based on terminal value alone and without any specified forecast period. This method is also called the income capitalization method.

Example of estimating the lost profit of a sports center on TOT