Non-financial produced assets (AN.1)
7.14 . Definition:
Produced assets (AN.1) are non-financial assets that have come into existence
as outputs from production processes.
7.15 . The classification of produced assets is designed to distinguish among assets
on the basis of their role in production. It consists of: fixed assets which are used repeatedly or continuously in production for more than one
year; inventories which are used up in production as intermediate consumption,
sold or otherwise disposed of; and valuables. The latter are not used primarily
for production or consumption, but are instead acquired and held primarily as
stores of value.