This is the total value of capital expenditure during the relevant period. Capital expenditure is the expenditure by an entity of a significant amount for the purchase or improvement of a fixed asset; the amount expended would warrant the item being depreciated over an estimated useful life of a reasonably extended period. Capital expenditure is not charged against the profits of the entity when it takes place, but is regarded as an investment to be capitalised in the balance sheet as a fixed asset and subsequently charged against profits by depreciating the asset over its estimated useful life. 

It includes: all costs capitalised in this business' books (including legal fees, real estate transfer costs and assets acquired under finance leases); progress payments made to contractors for capital work done by them; and major improvements, alterations and additions to property, plant and equipment. It excludes: progress payments for plant and equipment being produced on order; payments for repair and maintenance of property, plant and equipment; payments of property, plant and equipment on rental or acquired through an operating lease; and interest expense incurred.