Hello, Please advise steps in calculating average net ppe when provided with balance sheet and notes to consolidated financial statements, ppe. Thanks Consolidated Balance SheetNote31 Dec 200731 Dec 2006TEURASSETSNon-current assets31,420Intangible assetsProperty, plant, and equipmentInvestments in associated companiesDeferred tax assetsOther non-current assets54,609149,990198,130311,9518,05419,6632,732238,94514,0432,942154,5894Current assets151,894114,249104,0045,98830,5366.InventoriesReceivables and other current assetsCurrent tax receivablesCash and cash equivalents133,1121,12182,559288,686254,7779.683Non-current assets held for sale289,369254,777528,314409,366Total assetsEQUITY AND LIABILITIESEquityShare capitalAdditional paid-in capitalRetained earnings1037,13518,5681135,19053,757171,034221,607(112)1213Revaluation reserve14519776Valuation reserves pursuant to IAS 39Foreign currency translation reserve(4,923)289,4165,640295,056(6,053)238,0823,882241,9641516Minority interestsNon-current liabilitiesNon-current financial liabilitiesNon-current provisionsDeferred tax liabilitiesOther non-current liabilities31,56638,31521,1035,6681,176171815,42625944,17451,4251966,262Current liabilitiesCurrent financial liabilitiesCurrent provisions15,24143,59814,06310,0592016,402218,133Current tax liabilitiesOther current liabilities99,27676,20122166,996115,977528,314409,366Total equity and liabilitiesPalfinger AG 2007 Annual Report Netee do the Casolated Fitancial Statements 2007Property, Piant, and EquipmentOther plant,Prepayments andassets underPlant andconstructionpeckyavapnqudnbe pueAcgustion cost1,37556,9193,826163,66021,351(6,979)099'vz2,803(4,582)(533)10,173(238)(3,287)(2,157)Reolssiications(2)(25)(612)69Z'E()1,410(64)22,254(9)10,46880,61562,616177,36380,6151,41062,61622,25410,468177,363200LIOgepgosuco jo adcos u abun12,1392,38010,6737,98361,4442,020LIogesede uogpey(417)15,612108000134Govermment grantssesodsnReclassification to held for sale (3,499)Foreign currency translation(316)(6,733)9,951(4,936)826(721)(14,958)(13,799)(174)(3,499)540Reclassifications(60)(14)31,2091492,8023,44785,98215,819229,259Accumulated depreciation and impairmentAt 1 Jan 2006DepreciationImpairmentDisposalsReclassifications23,50233,68616,4202,61573,6082,1465,2199,980096'(6,063)096'L(2,153)112(3,910)(112)Foreign currency translationAt 31 Dec 2006(108)27,5000.(0).36,794(74)14,939(252)79,233At 1 Jan 200727,50036,7942,55914,9391,5482,86279,2334,20512,557(1,755)Change in scope of consolidationDepreciationWrite-upAdditional capitalisationDisposalsReclassificationsReclassification to held for sale (2,886)Foreign currency translationAt 31 Dec 2007982,826(1,755)116144(1,011)(328)(6,548)(4,739)263(12,298)(35)(2,886)0.162(28)39,792(0)14,87179,269909Carrying amountsAt 31 Dec 2006At 31 Dec 200753,11568,1961,4103,44725,82246,1907,31516,33810,46815,81998,1300666৮।

Net Property Plant Equipment (PPE) is simply the gross value of PPE including capital expenses minus…

Answered: advise steps in calculating average net…

advise steps in calculating average net ppe when provided with balance sheet and notes to consolidated financial statements,

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.23E: Unusual income statement items Assume that the amount of each of the following items is material to...

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https://uagm.blackboard.com/bbcswe... https://uagm.blackboard.com/bbcsw... Answered: 23. The acco C. Loss from continuing operations d. Loss from discontinued operations с. 5. All of the following components are shown in the income statement net of applicable taxes except a. Discontinued operations b. Cumulative effect of a change in accounting principle C. Gain or loss on sales of plant assets d. Extraordinary gain of loss 6. Which of the following would not be classified as a current asset on a classified balance sheet? a. Investment securities (trading) b. Short-term investments C. Intangible assets d. Prepaid expenses 7. Which of the following is not a long-term investment? a. Stock held to exert influence on another company b. Land held for speculation C. Trademarks d. Cash surrender value of life insurance On a multiple-sten income statement gains or losses on sale of equinment would