Asset Property Classifications

Mass Property of Assets

Fixed or Non-Current Assets

Intangible Fixed Assets

These are assets that the company needs to produce, but do not have a corporeal materiality, such as a patent or a brand.

  • Expenditure on R&D

    Costs of research are original and planned investigations that seek to discover new knowledge and understanding on scientific or technical grounds. Expenditure on development is the concrete application of achievements in research until commercial production begins.

  • Goodwill

    A set of immaterial goods, such as clients or company name and other similar circumstances involving value for the company. This is opened only if the goodwill has been acquired onerously.

  • Industrial Property

    Amount paid for the property or the right to use different forms of industrial property (patents, trademarks).

  • Computer

    Amount paid for the acquisition or right to use computer programs, including those made by the company.

Accumulated Depreciation of Tangible Assets: Reflects the distribution in time of investment in fixed assets for their intended use in the production process. The repayments are placed in the asset balance (but are instead Heritage Net) and the remaining investment.

Tangible Assets

It includes all tangible and corporeal property of the company, used in its productive activity over a series of periods.

  • Land and Natural Resources

    Including the value of plots, rustic houses, and other non-urban land, mines, and quarries.

  • Construction

    Includes the value of buildings and constructions in general, whatever their destination.

  • Technical Installations

    Utilities used in the production process.

  • Equipment

    All machinery purchased by the company through which extractions, transformations, and development of products are performed.

  • Furniture

    Furniture and other materials and office equipment such as typewriters.

  • Equipment for Information Process

    Computers and other electronic equipment.

  • Elements of Transport

    Vehicles of all types used for transportation by land, sea, or air of persons, animals, or goods.

Investment Property

These are land and buildings for the purpose of obtaining income and/or capital gains, not involved in the production or activity of the company.

  • Investment in Land and Natural Assets

  • Investment in Buildings

Long-Term Investments

Format for permanent investments in other companies.

  • Permanent Capital Investments

    Long-term investments in shares and other securities of companies that are not in the same group or partner.

  • Fixed Income Securities

    Investment in long-term obligations, bonds, or other fixed income securities.

  • Long-Term Loans

    Loans and other non-commercial loans (not related to productive activity) granted by the company with more than one-year maturity.

  • Savings on Long-Term

    Favorable balances in banks and credit institutions formalized through “term has to” or similar with maturity over one year in accordance with the conditions governing the financial system.

Current Assets

Stocks

It consists of all the materials used in manufacturing or goods already produced that represent the typical activity undertaken. All these goods will undergo transformation and/or sale, becoming liquid after a period.

  • Goods

    Anything acquired by the company for sale without transformation.

  • Raw Materials

    Materials used in working or processing the finished part.

  • Products in Progress

    These are in the phase of formation or transformation in a center of activity.

  • Semi-Finished Products

    They are manufactured by the company and are not normally intended for sale until they are subject to further processing or preparation incorporation.

  • Finished Products

    Products manufactured by the company and intended for final consumption or for consumption by other companies.

Attainable

Represents loans and rights in favor of the company operations that are already accomplished and the company has resources that allow effective within a relatively short time.

  • Clients

    Rights billed by the company on regular buyers of goods or services that constitute the main activity of the company, for sales made on credit.

  • Customers, Trade Bills Receivable

    Includes credits to customers, signed with bills of exchange accepted.

  • Debtors

    Rights billed for credits for business with buyers of services that are not strictly clients.

  • Accounts Receivable, Trade Bills Receivable

    Rights and charging the company with credits for buyers of services that are not strictly clients, in effect turning Accepted executed.

  • Short-Term Investments in Capital

    Short-term investments in shares and other securities of companies that are not in the same group or partner.

Credits

  • Short-Term

    Loans and other non-commercial loans granted by third parties including the effects of rotation arranged with maturity not exceeding one year.

Public Finance Debtor

  • Different Concepts

    Grants, allowances, deductions, and tax refunds, usually due to perceptions of all Public Administrations excluding Social Security.

  • Organizations Social Security Debtors

    Appropriations for the company, the various agencies of Social Security-related social benefits they carry.

Available

Composed of those items that, by being liquid, are immediately available.

  • Safety

    Cash.

  • Banks and Credit Institutions

    Stocks in favor of the company, current accounts in view of immediate availability Saving banks and credit institutions.