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Saipem SpA (Saipem SpA) Buildings And Improvements : $0 Mil (As of Sep. 2023)


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What is Saipem SpA Buildings And Improvements?

Saipem SpA's quarterly buildings and improvements declined from Dec. 2022 ($1,280 Mil) to Jun. 2023 ($0 Mil) but then stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil).

Saipem SpA's annual buildings and improvements declined from Dec. 2020 ($1,474 Mil) to Dec. 2021 ($1,464 Mil) and declined from Dec. 2021 ($1,464 Mil) to Dec. 2022 ($1,280 Mil).


Saipem SpA Buildings And Improvements Historical Data

The historical data trend for Saipem SpA's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Saipem SpA Buildings And Improvements Chart

Saipem SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,236.63 1,531.11 1,474.45 1,464.41 1,279.66

Saipem SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Mar24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1,279.66 - - -

Saipem SpA Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Saipem SpA (Saipem SpA) Business Description

Industry
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (Saipem SpA) Headlines

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