### ReneSola (SOL)

2.32 -0.10  -4.13%   NYSE May 23, 4:58PM BATS Real time Currency in USD

# ReneSola Net PP&E:

1.103B for Dec. 31, 2012
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## ReneSola Historical Net PP&E Data

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Dec. 31, 2012 1.103B
Sept. 30, 2012 1.021B
June 30, 2012 1.003B
March 31, 2012 985.98M
Dec. 31, 2011 980.16M
Sept. 30, 2011 911.19M
June 30, 2011 879.94M
March 31, 2011 842.62M
Dec. 31, 2010 801.47M
Sept. 30, 2010 786.02M
June 30, 2010 743.08M
March 31, 2010 721.16M

Sept. 30, 2009 618.73M
June 30, 2009 668.95M
March 31, 2009 415.56M
Dec. 31, 2008 341.43M
Sept. 30, 2008 260.86M
June 30, 2008 183.99M
March 31, 2008 Go Pro
Dec. 31, 2007 Go Pro
Sept. 30, 2007 Go Pro
June 30, 2007 Go Pro
Dec. 31, 2006 Go Pro

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth \$1,000,000, along with \$50,000 of furniture. Their Net PP&E at the moment of purchase is \$1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by \$105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

\$1,050,000 - \$105,000 = \$945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.

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