CG malls europe - Commerz Real
CG malls europe - Commerz Real
CG malls europe - Commerz Real
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<strong>Commerz</strong> <strong>Real</strong> Estate Master FCP – SIF<br />
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />
AS AT DECEMBER 31, 2009<br />
9. Deferred income<br />
The deferred income mainly relates to prepaid gross rental income for the first two months of 2010.<br />
10. Trade and other payables<br />
The estimated fair values of payables are the discounted amount of the estimated future cash flows expected to be paid<br />
and approximate their carrying amounts. Expected cash flows are discounted at current market rates to determine fair<br />
values.<br />
Trade payables are interest free and have settlement dates within one year.<br />
Financial Statements<br />
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