Production assets are the totality of all means of labor that can participate in the technological
process of production for a sufficiently long time and at the same time retain their original qualities and form. In world practice, the value of
fixed assets is gradually transferred to the price of finished products. The magnitude of such movements will depend on the loss of consumer qualities of the above funds. In addition, the
means of production that take part in each new cycle, as well as completely transfer their value to the cost of production, are called
working capital.It should also be noted the existence of non-productive funds, which are property that has a social purpose. In contrast to production, these include all objects of cultural and consumer services for workers. This category traditionally includes residential buildings, recreation centers and sports facilities, canteens and other buildings that are kept on the balance sheet of the organization and have little effect on the production and technological processes of the main production.
Thus, production assets - a collection of objects that can be divided according to purpose.
1. Facilities. This group includes various construction projects, treatment facilities, organization of porches and roads.
2. Buildings. It can be buildings in which the main technological process takes place, as well as administrative buildings, warehouses, garages and more.
3. Equipment. This group includes the following items of expenditure where production assets are invested: power plants, monitoring and measuring instruments, working machines, as well as computer equipment.
4. Transport. This category consists of automobile, railway, horse-drawn, water and in-plant vehicles.
5. Transmission structures. This includes communication and power lines, cable inserts, various inputs and transitions of electrical networks.
6. Tools. They can be represented by the whole range of hand tools.
7. Working cattle. Production assets are not only horse-drawn vehicles, but also animals that also take part in the technological process, such as horses, donkeys and camels.
8. Deductions for improving the condition of soil cover.
9. Household equipment. Consists of household items and office supplies, such as cabinets, tables, safes.
10. Gardening of territories. Perennial plantations in the form of shrubs and trees around and on the territory of the enterprise.
11. Production equipment.
12. Anything else.
There are also various indicators of production assets. Three factors traditionally belong to them: capital productivity, capital intensity and capital ratio.
The detailed composition of production assets is compiled for each organization separately, depending on the type and nature of the work carried out on it, as well as the type of output.