Examples of Appraised Current Market Value in a sentence
In applying SFAS 144 the Directors have determined that the most appropriate estimate of the fair value of the Company's aircraft is the average Appraised Current Market Value, which was in aggregate US$138,300,000 as at June 30, 2004 for the nine aircraft.
The Appraisers' assessment of Appraised Current Market Value reflects the underlying economic value of aircraft and engines in normal market conditions.
Consequently, the sales value that could be achieved for the aircraft in the event that they were disposed of in the current market may be less than the average Appraised Current Market Value and carrying value as at June 30, 2004.