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AE21

Gross Fixed Assets

Gross Fixed Assets measures the original investments made in assets currently owned or operated. It is calculated as the average value of original investments made in Property, Plant And Equipment (PP&E).

Calculation

Gross Fixed Asset
=
Beginning Fixed Assets + Ending Fixed Assets
2

where

  • Beginning Fixed Assets = Gross value of t:Fixed Assets at the start of the reporting period
  • Ending Fixed Assets = Gross value of t:Fixed Assets at the end of the reporting period

Unit of measure: MU (Monetary Unit)

Notes

Gross Fixed Asset value:

  • Includes only Property, Plant And Equipment (PP&E) the company currently owns
  • Includes only the portion of these assets allocated to the supply chain
  • Does not include inventory of sellable products

Statement Of Financial Position

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Hierarchy

IDNameLevelx
AE2Fixed Asset Turns1AE2
AE21Gross Fixed Assets2AE21

Term(s)

IDNameClearx
PP&EProperty, Plant & EquipmentPP&E
CSFPStatement of Financial PositionCSFP
Gross Fixed Assets Fixed Asset Turns 52100 2 {{{keywords}}} {{{description}}}