Can you provide real-world examples of how depreciation of non-current assets like property, plant, and equipment (PP&E) impacts the financial statements of a company?

Alternative strategies to manage non-current or fixed assets in different industries can include:

1. Asset Lifecycle Management: This involves managing the entire lifecycle of an asset from acquisition, use, maintenance, and finally disposal. This strategy helps in maximizing the value and usage of the asset.

2. Asset Optimization: This strategy involves optimizing the use of assets to achieve maximum efficiency. This can be done through regular maintenance and upgrades.

3. Asset Disposal: When an asset is no longer useful or cost-effective to maintain, it can be disposed of. This can be done through selling, recycling, or scrapping the asset.

4. Asset Leasing: In some cases, it might be more cost-effective to lease an asset rather than owning it. This strategy can help in reducing maintenance and depreciation costs.

5. Investment in Intangible Assets: Investing in intangible assets like patents, trademarks, and copyrights can provide long-term benefits and competitive advantage.

The choice of strategy depends on the nature of the industry and the specific needs of the business.

Global companies like Apple and Google manage their non-current assets through a combination of strategic planning, careful tracking, and regular evaluation. Long-term investments are managed by a dedicated team of financial experts who make decisions based on market trends and company goals. PP&E are managed through regular maintenance and upgrades to ensure they remain functional and efficient. Intangible assets like patents are managed by legal teams who ensure they are properly registered, maintained, and defended against infringement. These assets are all recorded and depreciated over time on the company's balance sheet, reflecting their usage and aging.