Nonfinancial Asset

(redirected from Non-Financial Assets)

Nonfinancial Asset

In accounting, any asset that can be seen and touched. Non-financial assets include things that can be reproduced, such as widgets in a widget factory, and things than cannot be reproduced, such as the land upon which the widget factory is built. Non-financial assets are comparatively easy to price and, therefore, are often used to express the value of a company. However, because they do not include intangible (but still valuable) things like stocks and bonds, they may not truly express a company's value.
Mentioned in ?
References in periodicals archive ?
Non-financial assets 239.0 241.3 246.4 253.6 263.4 258.6
Tenders are invited for provision of services related to the maintenance and servicing of non-financial assets - technical maintenance and support of the operation of the telelift monorail transport system to ensure the delivery of books from storages, integrated with the system of automation of library processes based on the use of radio frequency identification technology (rfid)
The PDIC, as Liquidator of closed banks, conducts public biddings in accordance with its strategic direction of expeditious disposal of non-financial assets.
The purchase of non-financial assets meanwhile (investments) also rose 13.9% over the nine month period from July 2012 to March 2013, reaching EGP 21bn compared to EGP 18.5bn at the same time last year.
It encouraged the phasing out of exemptions from reserve requirements, as well as the privatization of the Central Bank's non-financial assets.
Between 1948 and 2003, the total value of non-financial assets in the UK increased from pounds 551bn to pounds 2.55trn, the ONS said.
Unlike financial assets with contractually specified cash flows, the value of non-financial assets (like property, plant and equipment) depends on how they are used.
It showed that the value of non-financial assets increased from pounds 533 billion in 1948 to pounds 2.53 trillion in 2004.
Non-financial assets 681.3 599.7 536.4 503.5 489.1 467.9
According to the balance sheet data, MARDM and the subordinated institutions administered non-financial assets totaling 2,431.4 million lei.
The report added that Buying non-financial assets recorded LE 21.9 billion, marking 7.3 percent of the total expenses, while support and grants expenses reached LE 53.8 billion, amounting to 17.9 percent of the total expenses.
In the case of the big banks, the growth in total resources came from the expansion in loans, securities and other non-financial assets.