Fixed Asset definition

Fixed Asset means a tangible non-current asset, including buildings and equipment, acquired not for sale but for use for the Project during the Eligible Expenditure Period;

Fixed Asset means tangible property usable in a capacity that will benefit the candidate for a period of more than one year from the date of acquisition.

Fixed Asset means any Asset which consists of land and/or buildings, plant, machinery or other thing that is, or is to be, fixed to any land and which is to be acquired, developed, enhanced, constructed and/or installed as part of the Project.

Examples of Fixed Asset in a sentence

• Fixed asset – a tangible asset that a person uses for manufacturing goods, supplying goods/rendering services, for renting out (including leasing out) and/or for administrative purposes, the useful life of which is longer than a year.

• Fixed asset investments are initially recognised at their transaction value and are subsequently measured at their fair value as at the balance sheet date.

• Fixed asset impairment risk The Group is exposed to the risk of impairment of the value of its non-current assets, including real estate holdings and other property and equipment, as well as leased assets.

• Capital employed = Equity share capital + preference share capital+ Reserve and surplus + long term liabilities– fictitious assets – Non trading investment Capital employed = (Fixed asset – depreciation) + (Current Asset – Current liabilities) Capital employed = (Fixed Assets – Depreciation) + (Working capital)This ratio is also known as Return on capital employed ratio.

• Tax on profit/(loss) (continued) Year ended 30 June2023£000 Year ended 30 June2022£000Provision for deferred tax: Fixed asset timing differences - Net fixed asset timing differences216 171Short term timing differences - Pension contributions(11) -Losses and other deductions - Unused losses397 (507) 602 (336) All the above deferred tax assets are expected to reverse in the following financial year.

More Definitions of Fixed Asset

Fixed Asset means land, buildings and major equipment used by

Fixed Asset means an item with a useful life greater than one reporting period that is purchased for the productive use by the Board or its vendor (e.g. computer equipment and software, furniture and fixtures, vehicles, etc.).

Fixed Asset means tangible property used in the LMM Airport Facility Operations, but not expected to be converted into cash in the ordinary course of events, such as plant, machinery and equipment, furniture and fixtures, buildings, land and leasehold improvements.

Fixed Asset means any Asset which consists of land, buildings, plant and equipment acquired, developed, enhanced or constructed in connection with the Funded Activities; FOIA means the Freedom of Information Act 2000 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning the legislation;

Fixed Asset means tangible property usable in a capacity that could be of benefit for a period of more than one year from the date of acquisition.

Fixed Asset means any asset that consists of land and/or buildings, plant, machinery or other thing that is, or is to be, fixed to any land and which is to be acquired, developed, enhanced, constructed and/or installed as part of the Project.

Fixed Asset means a tangible item (not a component) which has an expected useful life of at least one year and a dollar value in excess of $5,000.