Property, Plant and Equipment definition

Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.
Property, Plant and Equipment means at any time any property that then would be included and classified as property, plant and equipment on a consolidated balance sheet, prepared in accordance with GAAP, of the Company and the Company Subsidiaries.
Property, Plant and Equipment. (PPE) means tangible assets that:

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.


More Definitions of Property, Plant and Equipment

Property, Plant and Equipment means those assets included within such classification as reflected on the consolidated balance sheets contained as a part of the Consolidated Financial Statements of the Corporation and Subsidiaries, that are utilized in or associated with the Corporation's ordinary and regular course of construction activities, excluding any of such assets that are owned by joint ventures, partnerships, limited liability companies or other similar entities in which an entity unaffiliated with the Corporation is also a joint venture party, partner, member or owner.
Property, Plant and Equipment means, as applied to any Person, as of any date of determination, its “property, plant and equipment,” as determined in accordance with GAAP, and the value of Property, Plant and Equipment shall mean its aggregate gross book value less depreciation and depletion.
Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery. “Proposed Increased Commitment” has the meaning specified in Section 2.19(c).
Property, Plant and Equipment means physical assets including, without limitation, furniture, fixtures, displays, machinery and equipment, computer hardware and software and automobiles, owned by the Seller and used in the Business, as determined in accordance with GAAP.
Property, Plant and Equipment means all Property of the District which is property, plant and equipment under generally accepted accounting principles.
Property, Plant and Equipment means those assets included within such classification as reflected on the consolidated balance sheets contained as a part of the Consolidated Financial Statements of the Corporation and Consolidated Subsidiaries, that are utilized in or associated with the Corporation's ordinary and regular course of construction activities.