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Atlas African Industries (LSE:AAI) Accumulated Depreciation : £-0.48 Mil (As of Jun. 2016)


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What is Atlas African Industries Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Atlas African Industries's quarterly accumulated depreciation declined from Jun. 2014 (£-0.00 Mil) to Dec. 2014 (£0.00 Mil) but then increased from Dec. 2014 (£0.00 Mil) to Jun. 2016 (£-0.48 Mil).

Atlas African Industries's annual accumulated depreciation declined from Dec. 2012 (£-0.57 Mil) to Jun. 2013 (£0.00 Mil) but then increased from Jun. 2013 (£0.00 Mil) to Jun. 2014 (£-0.00 Mil).


Atlas African Industries Accumulated Depreciation Historical Data

The historical data trend for Atlas African Industries's Accumulated Depreciation 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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Atlas African Industries Accumulated Depreciation Chart

Atlas African Industries Annual Data
Trend Dec11 Dec12 Jun13 Jun14
Accumulated Depreciation
-0.29 -0.57 - -

Atlas African Industries Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun16
Accumulated Depreciation Get a 7-Day Free Trial -0.57 -1.10 - - -0.48

Atlas African Industries Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.


Atlas African Industries Accumulated Depreciation Related Terms

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Atlas African Industries (LSE:AAI) Business Description

Traded in Other Exchanges
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Address
Atlas African Industries Ltd, formerly known as Atlas Development & Support Services Ltd, was incorporated in Guernsey under the Law on December 5, 2012. The Company has a Joint Venture agreement with Ethiopian conglomerate Orchid Group to provide services in civil engineering and project management offering into industrial projects. The Company's operates in industrial division and support services division. Its 100% owned subsidiary, East Africa Packaging Holdings, is focused glass bottle manufacturing facility 45km north of Addis Ababa, Ethiopia known as the Chancho Project. The Chancho Project is in feasibility stage with a defined development strategy to construct and operate a glass bottle manufacturing facility. The JV provides services to clients in the natural resource development and infrastructure sectors, through civil engineering, project management, work-force accommodation solutions and on-going life support services.

Atlas African Industries (LSE:AAI) Headlines

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