Gross Block definition

Gross Block means the cost, or other amount substituted for cost, as recorded in the Financial Statements of the Company, the Subsidiaries and the Network Hospitals, of an asset held with the intention of being used for the purpose of producing or providing goods or services and is not held for sale in the normal course of business;
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Examples of Gross Block in a sentence

  • The area of wildlife trees retained within a Cutting Permit or cutblock based on the following formula: Area = (Gross Block Area of the CP/Cutblock) * (Basal Area Reserved from Harvesting) (Original Basal Area of the CP/Cutblock) WUI - Wildland Urban Interface.

  • It is the Gross Block less accumulated depreciation plus working capital.

Related to Gross Block

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Gross gallons means an amount of motor fuel measured in gallons, exclusive of any temperature,

  • Gross laden weight means the actual weight of a vehicle or combination of

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as