Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure

Property, Plant and Equipment, Net

Property, plant and equipment, net includes the following:



	December 31
	2012		2011
Coal lands and real estate:
NACoal	$	67.6	$	36.7
HBB	0.2		0.2
	67.8		36.9
Plant and equipment:
NACoal	149.9		99.7
HBB	42.9		41.0
KC	29.5		29.1
NACCO and Other	4.3		6.5
	226.6		176.3
Property, plant and equipment, at cost	294.4		213.2
Less allowances for depreciation, depletion and amortization	111.4		106.0
	$	183.0	$	107.2

Total depreciation, depletion and amortization expense on property, plant and equipment was $15.2 million, $14.3 million and $14.8 million during 2012, 2011, and 2010, respectively. Depreciation expense for 2012 includes an impairment charge of $0.7 million for leasehold improvements and furniture and fixtures at KC. Depreciation expense for 2011 includes a charge of $1.3 million for a capital lease asset no longer being leased at HBB.

Proven and probable coal reserves, excluding the unconsolidated mines, approximated 1.2 billion tons (unaudited) at December 31, 2012 and 1.3 billion tons (unaudited) at December 31, 2011. These tons are reported on an as received by the customer basis and are the equivalent of “demonstrated reserves” under the coal resource classification system of the U.S. Geological Survey. Generally, these reserves would be commercially mineable at year-end prices and cost levels, using current technology and mining practices.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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