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what are non current assets of TPG telecom ltd and its inportance to comapny its like...

what are non current assets of TPG telecom ltd and its inportance to comapny

its like to make report
accounting for non current assets
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Answer #1

The non-current assets of the TPG Telecom Ltd include Property, Plant and Equipment, Spectrum assets, Intangibles and others. The total value of non-current assets as per the 2019 Annual report stood at $ 5,099.6 million out of which at least 42% was Goodwill and other intangible assets. The Property, Plant and Equipment had a share of around 12%. Spectrum assets too stood at 12% of the total non-current assets.

The company having a strong intangible asset base signifies they have a long term insight and help in maintaining the competitive advantage in the markets. Among the Intangibles, the major ones are Goodwill and Brand which are non-depreciable. Customer Base acquired and other intangible follows these. Physical assets include mainly network infrastructures.

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