Company H is considering the valuation of an unlisted company which it hopes to acquire.

The net book value of assets is merely a record of past transactions which complies with accounting conventions.

The net book value of assets can be obtained from the financial statements. 

Intangible assets are often not shown in the company's financial statements.

The net realisable value is usually different from the net book value shown in the financial statements.  

The net book value of current assets is normally a reliable indicator of their realisable value.