Examples of Property, Plant and Equipment in a sentence
Property, plant and equipment are tangible non-current assets (including infrastructure assets) that are held for use in the production or supply of goods or services, rental to others, or for administrative purposes, and are expected to be used during more than one period.
Property, plant and equipment is carried at cost less accumulated depreciation and any impairment losses.
Property, plant and equipment are depreciated on the straight line basis over their expected useful lives to their estimated residual value.
If this is not the case, the property is accounted for using the cost model in accordance with the accounting policy on Property, plant and equipment.
Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses.