Non-Current Assets

What are Non-Current Assets?

• Non-Current Assets ( also called Long-term Assets or Fixed Assets) are resources a business expects to use for more than one year.

• They generate long-term economic benefits and are NOT intended for immediate sale.

• They appear on the balance sheet above current assets.

What is a full consolidated list of All Common Non-Current Assets?

• Property, Plant and Equipment (PPE) - (Tangible physical assets used in operations for many years)

• Intangible Assets - ( Non-physical assets that have value)

• Long- term Investments - (investments that the company plans to hold for more than one year)

• Long-Term Receivables - ( Amounts owed to the company and collectible after more than one year)

• Other Non-Current Assets

What are examples of PPE (Tangibles Assets) - (Non-Current Assets)

• Land

• Buildings

• Machinery

• Equipment

• Vehicles

• Furniture

• Fixtures

• Leasehold improvements

• Construction - in - progress

What are examples of Intangible Assets? (Non-Current Assets)

• Licences

• Franchise rights

• Broadcasting rights

• Patents

• Copyrights

• Trademarks

• Software

• Brand names

• Goodwill

What are examples of Long-Term Investments - (Non-Current Assets)

• Equity Investments

• Bonds

• Real estate investments

• Subsidiary/ associate investments

What are examples of Long-Term Receivables?

• Loans to employees

• Long-term trade receivables

• Notes receivable over one year

What are examples of other Non-Current Assets?

• Deferred tax assets

• Security deposits

• Long-term prepaid items

• Long-term deposits

• Pension assets

Summary of Non-Current Assets

• Non-Current Assets are long-term resources used for more than one year, including PPE, intangible assets, long-term investments, long-terms receivables, and other long-term assets.