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.
BREAKING DOWN 'Asset'. 1. Assets are bought to increase the value of a firm or benefit the firm's operations. You can think of an asset as something that can generate cash flow, regardless of whether it's a company's manufacturing equipment or an individual's rental apartment.2. In the context of accounting, assets are either current or fixed (non-current). Current means that the asset will be consumed within one year.EFINITION of 'Asset'. 1. A resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit. 2. A balance sheet item representing what a firm owns.