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SK Telecom Co (SK Telecom Co) Buildings And Improvements : $1,361 Mil (As of Dec. 2023)


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What is SK Telecom Co Buildings And Improvements?

SK Telecom Co's quarterly buildings and improvements declined from Jun. 2023 ($596 Mil) to Sep. 2023 ($585 Mil) but then increased from Sep. 2023 ($585 Mil) to Dec. 2023 ($1,361 Mil).

SK Telecom Co's annual buildings and improvements declined from Dec. 2021 ($1,429 Mil) to Dec. 2022 ($1,342 Mil) but then increased from Dec. 2022 ($1,342 Mil) to Dec. 2023 ($1,361 Mil).


SK Telecom Co Buildings And Improvements Historical Data

The historical data trend for SK Telecom Co'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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SK Telecom Co Buildings And Improvements Chart

SK Telecom Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,460.47 1,597.61 1,429.39 1,342.23 1,361.22

SK Telecom Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,342.23 589.03 595.91 585.15 1,361.22

SK Telecom Co 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.


SK Telecom Co (SK Telecom Co) Business Description

Traded in Other Exchanges
Address
SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539
SK Telecom is South Korea's largest wireless telecom operator, with 30 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 6.9 million broadband customers and 9.5 million pay TV customers (6.8 million IPTV and 2.7 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and internet platform businesses, these were all spun off into the separate, SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.