Fixed Asset

(redirected from Non-current assets)
Also found in: Dictionary, Financial, Wikipedia.
Related to Non-current assets: Non-current liabilities

Fixed Asset

Property, such as machinery or buildings, utilized in a business that will not be used or liquidated during the current fiscal period.

References in periodicals archive ?
For balance-sheet assets, this change is the result of a decrease in non-current assets of [euro]1,617,000 (depreciation, amortisation and impairment of fixed assets for [euro]2,203,000, higher than the asset purchases of [euro]932,000) and a decrease in current assets of [euro]3,027,000 (affecting all items in view of the downtick in business) compared with 31/12/2013.
Apart from those involving non-current assets, questions set will usually tell you which other items are allowable/disallowable.
04bn, consisting current assets of QR1bn and non-current assets of QR0.
STATEMENTS OF FINANCIAL POSITION AS AT 31 MARCH 2012 (EXTRACT) Loch River Stream Notes $000 $000 $000 Non-current assets Property, plant and equipment (iv) 1,193 767 670 Equity and liabilities Equity shares of $1 each 3.
One, Disposal of Non-current Assets and Presentation of Discontinued Operations, proposes that assets a company expects to sell and that meet specific criteria should be measured at the lower of carrying amount and fair value less selling costs, should not be depreciated and should be presented separately in the balance sheet.
Examples of those that would not be included are those relating to capital items, such as accounting depreciation (replaced by capital allowances instead) and profit or loss on the disposal of non-current assets, though expenditure on repairs would be allowable.
31bn and non-current assets and assets of disposal group classified as 'held-for-sale' of QR1.
8p before amortisation of non-operating intangibles and profits less losses on the disposal of non-current assets.
included in non-current assets and is tested annually for impairment and