Machinery/Equipment – Gross (SF.BS.MachineryEquipmentGross)
Machinery/Equipment – Gross (SF.BS.MachineryEquipmentGross) refers to the acquisition cost of machinery and other equipment (including delivery equipment, office equipment, machinery, furniture and fixtures, furnishings, factory equipment, tools, etc.) in a company, before subtracing accumulated depreciation.
Machinery/Equipment – Gross (SF.BS.MachineryEquipmentGross) includes:
- Software (acquired/capitalized) as an integral part of computers and equipment to be operated – if reported within property, plant and equipment
- Gas pipeline facilities for long-distance transmission owned by gas utility companies (non-utility facility)
- Automobiles for own use in auto/truck manufacturers
- Government grants for acquisition of certain machinery/equipment Machinery/Equipment
Machinery/Equipment – Gross (SF.BS.MachineryEquipmentGross) does not include:
- Machinery/Equipment not in service (classified as Other Property/Plant/Equipment (SF.BS.OtherPPEGross))
- Properties leased out/rented out under operating lease contracts (rental property) (classified as Leases – Gross (SF.BS.LeasesGross))
- Acquired software or other intangible assets when not associated with specific machinery or equipment and reported other than as part of tangible fixed assets (classified as Intangibles – Gross (SF.BS.IntangiblesGross))
- Capitalized development costs including software when reported other than as part of tangible fixed assets (classified as Intangibles, Gross (SF.BS.IntangiblesGross))
- Aircraft in aerospace companies when reported other than as a part of tangible fixed assets and assets that are not delineated between current and non-current (classified as Inventories – Finished Goods (SF.BS.Inventories_FinishedGoods))
- Prepayment/deposits for aircraft acquisition in airline transportation companies (classified as Construction in Progress – Gross (SF.BS.ConstructionInProgressGross))
- Automobiles for sale by auto/truck manufacturers when reported other than as a part of tangible fixed assets and assets are not delineated between current and non-current (classified as Inventories – Finished Goods (SF.BS.Inventories_FinishedGoods))
- Machinery/equipment held under financial (capital) or operating lease contracts (classified as Other Property/Plant/Equipment (SF.BS.OtherPPEGross))
- Power generation/power distribution equipment in electric utility companies (classified as Utility Plant – Gross (SF.BS.UtilityPlantGross))
- Gas gathering, gas storage, or gas transmission equipment (classified as Utility Plant – Gross (SF.BS.UtilityPlantGross))