Market value of foreign-held equity must be reported using Own Funds at Book Value under FLA return guidelines. Market valuation of equity held by non-residents for the FLA return uses the Own Funds at Book Value method: market value at OFVB = company net worth x percentage non-resident equity holding, where net worth = paid-up equity and participating preference share capital + reserves and surplus - accumulated losses. The calculation is applied for the current and previous year values.
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Market value of foreign-held equity must be reported using Own Funds at Book Value under FLA return guidelines.
Market valuation of equity held by non-residents for the FLA return uses the Own Funds at Book Value method: market value at OFVB = company net worth x percentage non-resident equity holding, where net worth = paid-up equity and participating preference share capital + reserves and surplus - accumulated losses. The calculation is applied for the current and previous year values.
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