Permanent Assets
They represent admin-IN-316fd0ae-5f3c-4db9-ac26-cbdf4ff8a7d1-1507579308097-0c97ce82-f292-4f13-b1fe-c145fc41bcee and admin-IN-316fd0ae-5f3c-4db9-ac26-cbdf4ff8a7d1-1507579308097-2af11deb-8ac4-40ae-8201-88e233306e8e that cannot easily be converted into cash, which are not sold but are used as a means for attaining the operational objectives of the company. Assets must meet, simultaneously, three requirements:
| • | Their nature must be relatively permanent; |
| • | They must be used in business operations; |
| • | They must not be meant for sale. |
Permanent assets can also be classified as:
Fixed
Items of permanent nature used to maintain basic activity of the company.
| • | Land (really used by the company) |
| • | Buildings (same as Land) |
| • | Facilities (integrated with buildings: water, electricity, etc.) |
| • | Machines and Equipment (for conducting the company's operations) |
| • | Furniture and Fixtures (tables, chairs, computers, etc.) |
| • | Vehicles (for cargo, sales, administration, etc.) |
| • | Improvements in Rented Properties (constructions, facilities, etc., in third party buildings) |
| • | Rights over Natural Resources (acquisition of rights for exploring mines, etc.) |
| • | Trademarks and Patents (expenses incurred for registering trademarks, name, inventions, etc.) |
Investments
These are financial investments of a permanent nature which generate profit and are not necessary for maintaining the company's core activities. They generate income for the company.
| • | Voluntary Participation (shares and quotas acquired by the company as an investment) |
| • | Encouraged Investments (investments made through Tax Incentives in activities (sectors) such as Reforestation, Tourism, etc.) |
Deferred
These are investments that will benefit results of future years.
| • | Implementation and Pre-operating expenses (Financial Charges, Studies, Projects and Specifications, Interest to shareholders during implementation stage, etc.) |
| • | Product Research and Development |
| • | Expenses relating to Implementation of Systems and Methods |
| • | Reorganization Expenses |