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Running head: FINANCIAL STATEMENT ANALYSIS
Financial Statement Analysis: Apple, Inc.
Name of Student
Name of Professor
Course No. and Title
FINANCIAL STATEMENT ANALYSIS
Long lived assets are an integral part of any company to perform its business operations.
They include property, plant and equipment, goodwill, leasehold improvements, etc. They help
increase the capacity of earnings. They are shown in the right side of the balance sheet under the
list of the non-current assets. Depreciation on these assets is charged for to decrease in the value
due to use or on the basis of time. Some of the long lived assets are amortized or impaired for
losses. This paper focuses on the cost and book value of property, plant and equipment and other
long lived assets of Apple, Inc.
Property, Plant and Equipment
Total Cost and Book Value
Total cost of property, plant and equipment as of September 27, 2014 was $39,015
million. The cost for the fiscal year ended September 28, 2013 was $28,519 million. It shows
that the property, plant and equipment increase by $10,496 million or 36.80% during fiscal year
2014. The cost of land and building was $3,309 million for the fiscal year 2013. It increased by
$1,554 million or 46.96% in the year 2014. The cost of land and building as of September 27,
2014 stood at $4,863. The cost of equipment and machinery and internal use was $21,242
million for the fiscal year 2013 and it increased by $8,397 million or 39.53% during the fis...
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