Net Increase in PP&E
Net Increase in PP&E Formula |
\( NI \;=\; CY - PY \) |
Symbol |
\( NI \) = net increase in PP&E |
\( CY \) = current year PP&E |
\( PY \) = previous year PP&E |
\( PP \)&\( E \) = property, plant, and equipment |
Net increase in PP&E, abbreviated as NI, is the increase or decrese in the value of PP&E between the current year and the previous year.