Käyttöomaisuushyödykkeiden

Käyttöomaisuus, meaning tangible fixed assets in English, refers to physical assets that a company owns and uses in its operations for more than one accounting period. These are not intended for sale in the ordinary course of business but are held to generate income, produce goods, or provide services. Examples of käyttöomaisuus include land, buildings, machinery, vehicles, furniture, and fixtures.

The acquisition cost of käyttöomaisuus includes the purchase price and any directly attributable costs necessary to bring the asset to its intended use, such as transportation, installation, and testing costs. Once acquired, these assets are typically depreciated over their useful lives. Depreciation is an accounting method used to allocate the cost of a tangible asset over its service life. It represents the gradual reduction in the asset's value due to wear and tear, obsolescence, or usage.

Finnish accounting standards, like those in many other countries, require companies to record käyttöomaisuus on their balance sheet. This valuation reflects the historical cost less accumulated depreciation and any impairment losses. The management of käyttöomaisuus involves not only initial acquisition and depreciation but also ongoing maintenance, repairs, and eventual disposal or replacement of assets. Proper management of these tangible fixed assets is crucial for a company's long-term operational efficiency and financial health.