The Company depreciates and amortizes all property, plant and equipment using the straight-line method over the following estimated economic useful lives of the assets:

Years
Buildings40
Furniture and fixtures4
Computer equipment and servers4
Plant, machinery and equipment4
Computer software4-7
Leasehold improvements
Lease period or 10 Years, whichever is less
Vehicles3-4
Property, plant and equipment, net consist of the following:
As of December 31,
20242025
Land $4,465 $4,252 
Buildings 31,976 31,430 
Furniture and fixtures 48,636 44,693 
Computer equipment and servers 299,617 307,557 
Plant, machinery and equipment 97,490 98,314 
Computer software 116,591 113,614 
Leasehold improvements126,048 123,153 
Vehicles 114 111 
Capital work in progress 62,572 50,268 
Property, plant and equipment, gross$787,509 $773,392 
Less: Accumulated depreciation, amortization and impairment(579,566)(582,944)
Property, plant and equipment, net$207,943 $190,448 

Historical Timeline

Fiscal YearFiled
2025Feb 26, 2026Showing above
2024Mar 3, 2025
2023Feb 29, 2024
2022Mar 1, 2023
2021Mar 1, 2022
2020Mar 1, 2021
2019Mar 2, 2020
2018Mar 1, 2019
2017Mar 1, 2018
2016Mar 1, 2017
2015Feb 26, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.