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

PROPERTY, PLANT AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2021

The following summarizes this allocation of the fair value of the consideration 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, plant, and equipment as of September 30, 2021 and December 31, 2020 are as follows:

	September 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		86,066,002			86,019,130
Transportation Equipment		136,237			-
Construction in Process		149,811,267			33,212,695
Construction Period Interest		30,347,027			10,220,766
Total Cost	$	276,061,570		$	139,152,200
Less Accumulated Depreciation		(268,066	)		(179,525	)
Property, plant and equipment, net	$	275,793,504		$	138,972,675