The article discusses how a company, Kraš Plc, handles its long-term assets like buildings and equipment. These assets lose value over time and affect the company's financial results. The company measures assets at their initial cost and recognizes them when they bring future benefits. The study shows that Kraš Plc has a high percentage of long-term assets, mainly in tangible form. The company uses a straight-line method to calculate depreciation, which accounts for a small portion of its total expenses.