PET - Plain English Taxonomy

Label:	Capital Expenditure Road Vehicles Amount
TREF ID:	DE328
Data Type:	xbrli:monetaryItemType
Period Type:	duration
Balance Type:	debit
Business Description & Guidance:	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.Road vehicles refer to vehicles driven by a motor, usually an internal combustion engine, such as a motor car, bus, truck, motorcycle or the like, made for travel on roadways open for the passage of road vehicles. It excludes tractors.Capital expenditure for road vehicles is limited to the cost of the motor vehicle and associated capitalised costs only (e.g. road vehicle transfer costs incurred upon acquiring the asset) and does not include capital expenditure on any other asset types.

Usage

Form	Labels
ARF_332_0_D	Label: Guidance:	Capital Expenditure - Road vehicles Capital expenditure is the sum of outlays for the purchase of fixed tangible and/or intangible assets by the business during the reference period. Capital work done by own employees should be included in the appropriate capital expenditure item(s), and also separately identified in the data item 'Of which Capitalised work done by own employees'. Include: - 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 fixed assets. Exclude: - progress payments for plant, machinery and equipment being produced on order; - payments for repair and maintenance of fixed assets; - payments of fixed assets on rental or acquired through an operating lease; and - interest paid.
ARF_332_0_L	Label: Guidance:	Capital Expenditure - Road vehicles Capital expenditure is the sum of outlays for the purchase of fixed tangible and/or intangible assets by the business during the reference period. Capital work done by own employees should be included in the appropriate capital expenditure item(s), and also separately identified in the data item 'Of which Capitalised work done by own employees'. Include: - 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 fixed assets. Exclude: - progress payments for plant, machinery and equipment being produced on order; - payments for repair and maintenance of fixed assets; - payments of fixed assets on rental or acquired through an operating lease; and - interest paid.
ARF_730_0	Label:	Capital expenditure - road vehicles
RRF_332_0	Label: Guidance:	Capital Expenditure - Road vehicles Capital expenditure is the sum of outlays for the purchase of fixed tangible and/or intangible assets by the business during the reference period. Capital work done by own employees should be included in the appropriate capital expenditure item(s), and also separately identified in the data item 'Of which Capitalised work done by own employees'. Include: - 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 fixed assets. Exclude: - progress payments for plant, machinery and equipment being produced on order; - payments for repair and maintenance of fixed assets; - payments of fixed assets on rental or acquired through an operating lease; and - interest paid.