Example of a non-current asset As an example of a non-current asset, let’s look at a mobile phone manufacturer. The company needs a machine to make phones, and so it buys one for €2 million. The ...

Non-current assets are the opposite of current assets in that some, such as property, plants, and equipment, would be considered long-lived assets and cannot be converted immediately into cash.

Example of a non-current asset As an example of a non-current asset, let’s look at a mobile phone manufacturer. The company needs a machine to make phones, and so it buys one for £2 million. The ...