Gross investments in tangible assets
Gross investments include all additions, alterations, improvements and renovations which prolong the service life or increase the productive capacity of capital goods. Goods acquired through company restructuring (such as mergers or take-overs) are excluded.
Purchased goods are valued at purchase price, i.e. transport and installation charges, fees, taxes and other costs of ownership transfer are included. Own produced tangible assets are valued at production cost. The value of goods acquired via financial lease corresponds to the market value of the goods if they have been purchased in the year of acquisition.
Investments are recorded when the ownership is transferred to the affiliate.
Gross investments in tangible assets do not include running maintenance costs or the value and overhead expenditure on capital goods used under rental and operational lease contracts. Annual payments for assets used under financial leasing should be excluded.
Gross investments in tangible assets also exclude investments in intangible and financial assets.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)