Net Increase in PP&E
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.
Net Increase in PP&E Formula |
\(\large{ NI = CY - PY }\) |
Symbol |
\(\large{ NI }\) = net increase in PP&E |
\(\large{ CY }\) = current year PP&E |
\(\large{ PY }\) = previous year PP&E |
\(\large{ PP }\)&\(\large{ E }\) = property, plant, and equipment |