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 The revaluation surplus, including changes during the period and any restrictions on the

distribution of the balance to shareholders.

Property, Plant, & Equipment Schedule

The easiest way to keep track of fixed capital assets is with a schedule, such as the one shown

below. This is the type of analysis a financial analyst would prepare and maintain for a company

in order to prepare complete financial statements or build a financial model in Excel.

Intangible assets – recognition, measurement (amortization, impairment and revaluation),

disposals and disclosures

Intangible asset - an identifiable non-monetary asset without physical substance. An asset is a

resource that is controlled by the entity as a result of past events (for example, purchase or self-

creation) and from which future economic benefits (inflows of cash or other assets) are

expected. [IAS 38.8] Thus, the three critical attributes of an intangible asset are:

 Identifiability

 Control (power to obtain benefits from the asset)

 Future economic benefits (such as revenues or reduced future costs)

Examples of intangible assets

Patented technology, computer software, databases and trade secrets trademarks, trade dress,

newspaper mastheads, internet domains video and audiovisual material (e.g. motion pictures,

television programs) customer lists mortgage servicing rights licensing, royalty and standstill

agreements etc.

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