Disclosure Of Material Accounting Policy Information [Text Block]

Retail Estates sa - Filing #6135087

Concept	2024-04-01 to 2025-03-31
Disclosure of material accounting policy information [text block]	Significant accounting policies
Description of accounting policy for borrowing costs [text block]	Financial result
Description of accounting policy for business combinations [text block]	Application of IFRS 3 Business Combinations
Description of accounting policy for construction in progress [text block]	Non-current assets under construction
Description of accounting policy for determining components of cash and cash equivalents [text block]	Bank deposits, sight or term deposits, are valued at amortised cost. Any supplementary costs are charged directly to the income statement.
Description of accounting policy for dividends [text block]	Dividends are included in the result carried forward until they been approved by the shareholders' meeting.
Description of accounting policy for fair value measurement [text block]	the fair value of the immovable properties owned by the issuer by analogy with the valuation of the company’s own real properties. This is done on the basis of a periodic valuation by a real estate expert hired jointly by Retail Estates nv and Immobilière Distri-Land nv. Where one or more buildings are sold by the real estate certificate issuer, the sales price shall be used as valuation until the distribution of the sale’s proceeds;
Description of accounting policy for fee and commission income and expense [text block]	Property expenses
Description of accounting policy for financial liabilities [text block]	Financial derivatives
Description of accounting policy for foreign currency translation [text block]	Foreign currency conversion
Description of accounting policy for impairment of assets [text block]	If there are indications that an asset may have suffered an impairment loss, the book value is compared with the realisable value.
Description of accounting policy for impairment of financial assets [text block]	Trade receivables and other non-current assets
Description of accounting policy for income tax [text block]	C
Description of accounting policy for issued capital [text block]	Shareholders’ equity
Description of accounting policy for leases [text block]	Lease agreement
Description of accounting policy for investment in associates [text block]	Joint ventures and associated companies
Description of accounting policy for investment property [text block]	Investment properties
Description of accounting policy for non-current assets or disposal groups classified as held for sale and discontinued operations [text block]	Non-current assets or groups of assets held for sale
Description of accounting policy for provisions [text block]	A provision is taken if:
Description of accounting policy for recognition of revenue [text block]	Property result
Description of accounting policy for subsidiaries [text block]	Subsidiaries
Description of accounting policy for taxes other than income tax [text block]	Comments on the real estate transfer tax in Belgium
Description of accounting policy for trade and other payables [text block]	Liabilities
Description of accounting policy for transactions with related parties [text block]	Note 37
Description of accounting policy for treasury shares [text block]	When share capital recognised as equity is repurchased by Retail Estates nv, the paid amount, including any directly attributable costs, shall be recognised as a change in shareholders’ equity. Purchased own shares are presented as a decrease in the total shareholders’ equity.