The valuation of the assets for the calculation of SIF Banat-Crișana’s net assets is performed in accordance with the provisions of ASF Regulation no. 9/2014 (art. 113-122) amended and supplemented by the ASF Regulation no. 2/2018 and ASF Regulation no. 20/2020, and the provisions of ASF Regulation no. 10/2015 (update of the valuation methods for the calculation of net asset value as of August 31, 2020).
The net asset value (NAV) is calculated as the total value of assets less the total value of liabilities and prepaid revenues. The assets items that determine the net asset value are estimated and reflected in the net asset of SIF Banat-Crișana in accordance with the regulations above mentioned.
The net asset value is certified by the depository bank of SIF Banat-Crișana’s assets.
In accordance with the provisions in force, net asset value calculated monthly is submitted to ASF and BSE (BVB) and posted on Company’s website within 15 days from the end of the reporting month.
Net asset value per share = Net asset value ⁄ Number of shares issued and outstanding