The assets of a plan less liabilities other than the actuarial present value of promised retirement benefits.

The estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale.

Net realisable value refers to the net amount that an entity expects to realise from the sale of inventory in the ordinary course of business. Fair value reflects the amount for which the same inventory could be exchanged between knowledgeable and willing buyers and sellers in the marketplace. The former is an entity-specific value; the latter is not.

Net realisable value for inventories may not equal fair value less costs to sell.

The equity in a subsidiary not attributable, directly or indirectly, to a parent.

An asset that does not meet the definition of a current asset.

The production expected to be achieved on average over a number of periods or seasons under normal circumstances, taking into account the loss of capacity resulting from planned maintenance.