FVS 的历史和概述.pdf

1、2026 FOREST VALUATION SUMMIT2026 FOREST VALUATION SUMMITMelbourneMelbourne3030-31 March,202631 March,2026Genesis of the NZIF Forest Valuation StandardsBill Liley,Indufor Asia Pacific12 2Initiation Initiation A formative influence on the Standards was the NZ Crown Forest Asset Sales(CFAS).The forests

2、 were owned by the Crown(i.e.the state)and when put up for sale,at 537 000 ha,they represented approximately half of the national planted forest estateThe sale involved 88 defined plantation parcels,located across the length of NZUnder original plans,they would have all been sold in July 1990.In pra

3、ctice,most blocks were sold by 1992.They had a full range of age classes.Despite being dominated by one species,radiata pine,they were evidently heterogenous.3 3Aspects of the sale processAspects of the sale process There was an imperative to complete the process quickly Correspondingly,a suite of f

4、ull and informative forest descriptions were required,supporting a competitive bidding process The government required its own assessment of what each sale package might receive.As the sale process progressed it increasingly communicated where its expectations layOther factors?Through having a full

5、span of age classes most of the resource was immature With a couple of exceptions,there were no long term wood supply agreements There was a demonstrated but relatively new log export market Price point was delivered at mill door or at wharf gateAnything else?Through a late injunction by the Federat

6、ion of Maori Authorities,the Crown agreed that it would not sell the land.A rental regime involving Crown Forest Licenses was implemented4 4Valuation MethodValuation MethodFaced with the three recommended methods of valuing assetscomparable sales,income and cost the compelling candidate for the CFAS