Kamtress Automation Systems Pvt. Ltd. Since 1989, we have established as a trusted company providing world class electro polishing machines, electroplating equipments, etc. at market best price.
What is reported as property, plant and equipment? Definition of Property, Plant and Equipment. Property, plant and equipment is the longterm asset or noncurrent asset section of the balance sheet that reports the tangible, longlived assets that are used in the company's operations. These assets are commonly referred to as the company's fixed assets or plant assets.