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he following is an abridged version of the statement of financial position of Daugava company, an unquoted company, as at March 3 1 , 2
he following is an abridged version of the statement of financial position of Daugava company, an unquoted company, as at March : noncurent asssets carrying value euro net current assests euro total euro reprsenstend by euro ordinary sharss euro reserves euro loan notes total euro You should consider that: Loan notes are redeemable at a premium of ; Current market value of freehold property exceeds book value by ; All assets, other than property, are estimated to be realisable at their book value. Calculate the value of an holding of ordinary shares, on an asset basis!
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