The General Accounting Plan defines the concept asset as the goods, rights and other resources economically controlled by the company, resulting from past events from which economic benefits or returns are expected to be obtained in the future.

In short, it is everything the company owns that could be transformed into money.

Types of assets according to the PGC

- Non-current asset: Goods and rights acquired with the intention that they remain in the company for more than a year, which have not been acquired for sale purposes; such as machinery and real estate.

This is composed of:

1. Intangible fixed assets

1.1. Research and development

1.2. Patents, licenses, trademarks and similar

1.3. Goodwill

1.4. Computer applications

2. Tangible fixed assets

2.1. Technical installations and other tangible fixed assets

2.2. Fixed assets in progress and advances

3. Potential investments

4. Investments in group and associated companies in the long term

5. Long-term financial investments

5.1. Equity instruments

5.2. Credits to third parties

5.3. Other financial assets

6. Deferred tax assets

- Current asset: Goods and rights acquired with the intention that they remain less than a year; such as inventories.

1. Current assets held for sale.

2. Inventories

2.1. Commercial

3. Trade debtors and other accounts receivable

3.1. Customers for sales and service provision

3.2. Shareholders (partners) for required payments

4. Investments in group and associated companies in the short term

5. Short-term financial investments

5.1. Equity instruments

6. Accruals

7. Cash and other equivalent liquid assets

7.1. Treasury

We hope this information is very useful to you.