Capital and repair expenditure of establishment


Capital and repair expenditure refers to expenditures by business or government on machinery, equipment, buildings and other goods that have useful lives of more than one year. Expenditures on major repairs to these goods are also included. Repair and maintenance activity is that portion of current or operating expenditure which is charge against revenue in the year incurred and made for the purpose of keeping the of fixed assets of productive capacity in good working condition during the life originally intended. A second purpose is the returning of any portion of the stock of fixed assets into a state of good working condition after any malfunctioning or reduced efficiency for whatever reason short of replacement of such fixed assets or adding significantly to their life or productive efficiency. Repair and maintenance expenditures do not extend the expected useful life of the structure, increase its capacity or otherwise raise its capacity. Also, repair and maintenance expenditure are not considered capital.

Establishment refers to the level at which accounting data required to measure production is available (principal inputs, revenues, salaries and wages). The establishment, as a statistical unit, is defined as the most homogeneous unit of production for which the business maintains accounting records from which it is possible to assemble all the data elements required to compile the full structure of the gross value of production (total sales or shipments, and inventories), the cost of materials and services, and labour and capital used in production.


  • Canadian dollar at current prices May 12, 2003 to current


Relation to previous version

  • Capital and repair expenditure of establishment May 11, 2016 to current

    This is the current version.

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