This item includes permanent additions and major alterations as well as new and used machinery and equipment used for replacement and additions to plant capacity for which depreciation, depletion, or Office of Minerals Exploration accounts are ordinarily maintained. Reported capital expenditures include work done on contract, as well as by the mine forces. Totals for expenditures include the costs of assets leased from other concerns through capital leases. In addition, these data include expenditures made during the year for development and exploration of mineral properties. Excluded are expenditures for land and cost of maintenance and repairs charged as current operating expenses and capital expenditures for mineral land and rights. For any equipment or structure transferred for the use of the reporting establishment by the parent company or one of its subsidiaries, the value at which it was transferred to the establishment was to be reported. If an establishment changed ownership during the year, the cost of the fixed assets (building and equipment) was to be reported.
This item includes all capital expenditures for acquiring either undeveloped or developed acreage. Included are all capitalized lease bonuses and any other outlays necessary to acquire leases, mineral rights, fee lands incident to mineral exploration, development, or production.