Asset Disposal, Retirement & Revaluation (SCR-FA-05)
Track asset write-offs, market revaluation reserves per IAS 16, and gain/loss on physical disposal
| Transaction Ref | Asset Tag & Item | Type | Date | Net Book Value | Disposal Proceeds | Gain / (Loss) | GL Journal Ref | Status | Action | |
|---|---|---|---|---|---|---|---|---|---|---|
| DSP-2026-0004 |
AST-VH-8001
Toyota Land Cruiser Site 4WD
|
Sale to Third Party | 15-Jul-2026 | AED 35,000.00 | AED 48,000.00 | + AED 13,000.00 | JV-2026-00612 | Posted | ||
| REV-2026-0002 |
AST-BL-2001
Marina Sales Pavilion Structure
|
IAS 16 Revaluation | 30-Jun-2026 | AED 4,100,000.00 | AED 4,550,000.00 | + AED 450,000.00 (Surplus) | JV-2026-00591 | Posted |