Categories of Plant Assets

There are four categories of Plant Assets:

1. Land
2. Land Improvements
3. Buildings
4. Equipment
Intangible Assets
Intangible Assets represent rights, privileges, and competitive advantages owned by
a business. They are intangible only in the sense that they have no physical
substance. Very often, their legal status may be of critical importance to the
longevity of a company. Examples of intangible assets include: patents, copyrights,
franchises, trademarks, and goodwill.