Methods and standards / Concept Glossary / Gross investment in material fixed assets

Concept selected: Gross investment in material fixed assets

Definition

The concept of investment includes those capital material goods acquired from third parties, as well as those produced by the unit itself (that is, the capitalised production of material goods) that have a useful life longer than one year.
Investments are considered to be gross, that is, before the value adjustment and the adjustment of deducting the income obtained from grants. The goods purchased are valued at the purchase price, that is, including transport and installation costs, fees, taxes and other property transfer costs. Self-produced material goods are valued at the production cost. The goods incorporated as a result of business restructuring (mergers, segregations, etc.) should not be considered in the concept of investment. Purchases of small tools that are not capitalised and are included as current expenses, should not be considered part thereof either.
From the accounting perspective, investment in material fixed assets encompasses the concepts of land and natural goods, buildings, technical installations, machinery, tools, other installations, furniture, information processing equipment, transport elements and other material fixed assets.

Source

Statistics on Affiliates of Spanish Companies Abroad and Inward FATS in Spain. Methodology

Topic

Statistical operations

(enlaces al Inventario de Operaciones Estadísticas)

Concepts associated

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