• Recurring expenses
  • Maintaining the operating capacity.
  • The benefit is exhausted within an accounting year.
  • E.g. painting of the campus, we are not increasing the capacity, we are just maintaining it. If we built a new building, it would be increasing the capacity and thus will be an example of a Capital Expenditure

Deferred revenue expenditure, a cost that incurs once in many (say 3) years.

  • Intrinsically its a revenue expenditure

  • But the amount is very big. And its effect is spread across the next few years.

  • The value of the expenditure is spread through the next few years.

  • doubt How does capital appreciate?