OpenReference

Property, Plant & Equipment is a term grouping long term or fixed company assets. Property, Plant & Equipment are reported on the Statement of Financial Position and include:

• Land
• Buildings
• Machinery
• Vehicles

Not included in Property, Plant & Equipment are:

• Receivables
• Inventories
• Other non-tangible assets such as patents, t:IP or goodwill

Notes

Regulatory reporting compliance typically requires Property, Plant & Equipment assets to be reported by the owner or lessee on the Statement of Financial Position if such assets are owned or leased under long term contracts (typically contracts for a year or more). Fixed Asset Turns Acquire-to-Retire

Metric(s)

ID	Name	Level	x
AE2	Fixed Asset Turns	1	AE2

Term(s)

ID	Name	Clear	x
A2R	Acquire-to-Retire		A2R
Depreciation	Depreciation		Depreciation
IAS16	IAS 16 Property, Plant & Equipment		IAS16
IAS23	IAS 23 Borrowing Costs		IAS23
IAS36	IAS 36 Impairment of Assets		IAS36
IAS41	IAS 41 Agriculture		IAS41
CSFP	Statement of Financial Position		CSFP

Property, Plant & Equipment {{{level}}}

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Property, Plant, Equipment, Fixed, Asset A term describing long term or fixed company assets