Strategic Report Strategic Report Strategic Report Financial Additional Overview Strategy Performance Governance Statements Information 28. Fair Value Measurements continued Fair value hierarchy continued Description of significant unobservable inputs to valuations of non-financial assets The following tables show descriptions of signifcant unobservable iputs to evel 3 vauations of investmet propertes and revalued properties and equipment: Significant Range Range Sensitivity Valuation unobservable (weighted Other key (weighted of the input 2018 technique inputs average)* information average) to fair value Investment 151,446 property Land 15,094 13,408 Market Price per 0.11–1,008 Square 7–4,667,137 Increase (decrease) in the approach square (350) metres, (248,576) price per square metre would metre land result in increase (decrease) in fair value 1,686 Cost Price per 12–2,705 Square 61–232,777 Increase (decrease) in the approach square (315) metres, (139,984) price per square metre would metre land result in increase (decrease) in fair value Residential 71,434 Market Price per 24–3,194 Square 2–1,583 Increase (decrease) in the properties approach square (1,180) metres, (296) price per square metre would metre building result in increase (decrease) in fair value Non-residential 64,918 properties 32,562 Market Price 5,600– Square 77–73,575 Increase (decrease) in the approach 9,8mln metres, (1,668) price would result in increase (0.6 mln) land (decrease) in fair value Square 6–7,350 metres, (1,902) building 26,526 Income Rent per 2.1–67.7 Square 23–5,984 Increase (decrease) in the approach square (6.6) metres, (2,503) rent price would result in metre building increase (decrease) in fair value Occupancy 10%–75% Increase (decrease) in the rate (21%) occupancy rate would result in increase (decrease) in fair value Average 78–244 Increase (decrease) in the daily rate (64) average daily rate would result in increase (decrease) in fair value 5,830 Cost Land price 1–563 Square 600– Increase (decrease) in the approach per square (53) metres, 240,000 land price per square metre metre land (121,780) would result in increase (decrease) in fair value Depreciated 259–648 Square 20–10,600 Increase (decrease) in the Replacement (413) metres, (5,943) depreciated replacement cost per building cost per square metre would square result in increase (decrease) metre in fair value *Price, rate and cost of unobservable inputs in this table are presented in Georgian Lari (“GEL”), unless otherwise indicated. Annual Report 2018Bank of Georgia Group PLC 273