Examples of Property, Plant and Equipment in a sentence
Based on the records examined by us and information and explanation given to us the Company has maintained proper records showing full particulars, including quantitative details and situation of Property Plant and Equipment.
Property, Plant and Equipment are stated at cost, net of recoverable taxes, trade discount and rebates less accumulated depreciation and impairment losses, if any.
Property, Plant and Equipment: Proceeds beforneteInded UseѥAmendmentsto IAS16 The amendment prohibits entities from deducting from the cost of an item of property, plant and equipment, any proceeds of the sale oitfems produced while bringing that asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
According to the information and explanations given to us and on the basis of our examination of books of accounts and other relevant documents of the Company, the Company has not revalued its Property, Plant and Equipment (including Right to use Assets) or Intangible Assets or both during the year.
The Company assesses at each reporting date as to whether there is any indication that any Property, Plant and Equipment and Intangibleassets or group of assets, called Cash Generating Units (CGU) may be impaired.