Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 625

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 625
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 assets and liabilities, and the reported revenues and expenses. On an ongoing basis, the Companies evaluate their estimates, including those related to bad debts, inventories, deferred tax valuation allowances and asset retirement obligations. The Companies base their estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could vary from the estimates that were used in preparing the financial statements and could do so in the near-term. Inventory: Inventory consists of rock, sand, and other materials used in the production of ready-mixed concrete and are valued at the lower of cost (first-in, first-out method) or net realizable value. Property and equipment: Property and equipment are stated on the basis of cost. Depreciation is provided by use of straight-line method for financial reporting purposes and the accelerated cost recovery and modified accelerated cost recovery systems for income tax purposes.

| ​ | Building and leasehold improvements | ​ | ​ | 39 years     | ​ |
| ​ | Machinery and equipment             | ​ | ​ | 3 – 10 years | ​ |
| ​ | Transportation equipment            | ​ | ​ | 3 – 7 years  | ​ |
| ​ | Office equipment                    | ​ | ​ | 3 years      | ​ |

Impairment of long-lived assets: The Companies periodically evaluate their long-lived assets to determine potential impairment by comparing the carrying value of the assets with the estimated future undiscounted cash flows expected to result from the use of the assets, including cash flows from disposition.

F-96

TABLE OF CONTENTS

#### SRM, INC. DBA SCHWARZ READY MIX AND SUBSIDIARIES

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

#### Years Ended December 31, 2024 and 2023
**Note 1. Nature of Operations and Significant Accounting Policies (Continued)

Should the sum of the expected future undiscounted cash flows be less than the carrying value, the Companies would recognize an impairment loss. An impairment loss would be measured by comparing the amount by which the carrying value exceeds the fair value of the assets. Management has determined that no impairment of long-lived assets exists for periods ended December 31, 2024 and 2023, respectively.

Receivables and credit policies: Trade accounts receivable are uncollateralized customer obligations due under normal trade terms. Receiv