For most of the second half of the 20th century, the USSR and the United States were engaged in a Cold War of economic and diplomatic struggles. The communist bloc, as it appeared in 1950, included countries to the west and southeast of the Soviet Union.
Equipment Assets. Equipment, one of the most crucial components in construction, is one of the pillars of Punj Lloyd. We have a huge fleet of equipment, enabling prompt mobilisation to project sites around the world, ensuring timely completion. Our equipment asset is one of the most outstanding in Asia. Large and young, our equipment fleet is updated to maintain our competitive advantage. Equipment asset planning, procuring, tracking, maintaining and retiring are closely monitored with Oracle eAM, a software that handles over 12,500 items of equipment, in over 190 categories, across project sites all over the world.
By Matt Lee AAA |. A: Property, plant and equipment (PP&E) is a term that describes an account on the balance sheet. The PP&E account is a summation of all a company's purchases of property, manufacturing plants and pieces of equipment to that point in time, less any amortization. Amortization is used to devalue an asset as the asset is used, and is designed to measure the asset's economic value throughout its useful life.