Property held by a subsidiary of ABC, a real estate firm, in the ordinary course of business P 3,500,000 Land held by ABC for undetermined use Property under construction for use as investment property Land held for future use as factory site 4,350,000 6,700,000 5,200,000 Building awaiting disposal Machinery leased out by ABC to a third party under an operating lease Equipment leased out by ABC to a third party under a finance lease Machinery awaiting disposal 1,120,000 590,000 710,000 345,000 Building owned by a subsidiary of ABC and for which the subsidiary provides security and maintenance services to the lessees 3,890,100 Land leased by ABC to a subsidiary under an operating lease Land leased by ABC to a subsidiary under a finance lease 2,200,000 2,340,000 A vacant building owned by ABC and to be leased out under an operating lease Property held by ABC for use in production Building held by ABC under a finance lease currently being leased out to a third party Property leased by ABC from its subsidiary under a finance lease Property being constructed on behalf of Sniffles, an outside company Total Investment Property 5,500,000 1,750,000 4,150,000 5,263,000 2,400,000 P 50,008,100