Global Clean Energy Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2021

The following summarizes this allocation of the purchase price and also the reclassification of the pre-acquisition costs:

Asset Category	Capitalized Costs Based on Acquisition Valuation		Allocated Pre- Acquisition Costs		Total Capitalized Costs on Acquisition
Property and Equipment
Land	$	7,584,961	$	-	$	7,584,961
Buildings		2,053,570		-		2,053,570
Refinery		77,845,201		3,222,449		81,067,650
Intangible Assets		1,921,082		-		1,921,082
Total	$	89,404,814	$	3,222,449	$	92,627,263

Property and equipment as of June 30, 2021 and December 31, 2020 are as follows:

	June 30, 2021			December 31, 2020
Land	$	7,584,961		$	7,584,961
Office Equipment		62,506			61,078
Buildings		2,053,570			2,053,570
Refinery and Industrial Equipment		122,353,287			86,019,130
Transportation Equipment		136,237			-
Construction in Process		67,566,616			33,212,695
Construction P eriod I nterest		22,099,706			10,220,766
Total Cost	$	221,856,883		$	139,152,200
Less A ccumulated D epreciation		(233,241	)		(179,525	)
Property and equipment, net	$	221,623,642		$	138,972,675