Property, Plant and Equipment


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Property, Plant and Equipment (PP&E)

Tangible, long-lived assets that a company owns and uses in its operations, rather than simply holding them as an investment. This includes buildings, construction, facilities, machinery etc. and is reported on the balance sheet as acquisition cost less the accumulated depreciation.
References in periodicals archive ?
The financial statements or footnotes should provide certain information in relation to property, plant and equipment. As a minimum, PP&E should be reported in separate categories for:
* Recognition of property, plant and equipment (PP&E) used in providing general government goods and services as an asset on the balance sheet.
* Accumulated depreciation, depletion and amortization of property, plant and equipment