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GANDHARA INDUSTRIES LIMITED BALANCE SHEET AS AT 30 JUNE 2007 Note ASSETS 2007 2006 (Rupees in '000 ') NON-CURRENT ASSETS Property, Plant & Equipment 5 1,028,668 1,033,099 Investment Properties 6 91,432
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Note assets non-current refers to assets that are expected to be held for more than one year and will not be converted into cash or used up within the current accounting period.
Companies and organizations that prepare financial statements in accordance with accounting standards are required to include note assets non current in their reporting.
To fill out note assets non current, you need to provide a detailed description of the non-current assets held by the company, including their nature, book value, and any impairments or revaluations.
The purpose of note assets non current is to provide additional information to the users of financial statements about the significant non-current assets of a company, their value, and any relevant details that may impact their financial position.
The information that must be reported on note assets non current includes the types of non-current assets, their carrying amounts, any impairments or revaluations, and any commitments or restrictions related to these assets.
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