The municipality of Vaduz purchased real estate from VP Bank in the municipality of Vaduz. At the balance sheet date of 31.12.2015 all the formalities have not been completed and therefore the property was disclosed as an asset held for sale. The sale was completed at the start of 2016.
in CHF 1,000 | 31.12.2016 | 31.12.2015 |
|---|---|---|
Real estate held for sale | 0 | 15,000 |
Total assets held for sale | 0 | 15,000 |