Encyclopedia
Fixed assets
Fixed assets are produced assets used repeatedly or continuously over a long period, but no less than one year, for producing goods and providing market and non-market services. Fixed assets consist of material and intangible fixed assets.
Source: "OK 013-94. All-Russian Classifier of Fixed Assets" (approved by the Decree of the State Standard of Russia dated December 26, 1994 No. 359) (introduction date January 1, 1996) (version dated April 14, 1998)