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Max Trust (ASX:MXQ) Buildings And Improvements : A$0.00 Mil (As of Jun. 2013)


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What is Max Trust Buildings And Improvements?

Max Trust Buildings And Improvements Historical Data

The historical data trend for Max Trust'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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Max Trust Buildings And Improvements Chart

Max Trust Annual Data
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Buildings And Improvements
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Max Trust Semi-Annual Data
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Max Trust 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.

Max Trust (ASX:MXQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Max Trust (ASX:MXQ) » Definitions » Buildings And Improvements
Comparable Companies
ASX:ARC TSXV:LITT LSE:KZG LSE:ALGW TSX:OSP STU:FAK XSWX:NEWN HAM:IRPA NGM:TCAB B TSX:TXT.UN TSX:HGI.UN XTER:M3B HAM:M5S NSE:LFIC IST:DAGHL WAR:EFE TSX:HBL.UN TSX:AAB ASX:MPR TSX:CDD.UN
Traded in Other Exchanges
N/A
Address
Website
http://www.thetrustcompany.com.au
Allco Max Securities & Mortgage Trust (AXQ) ('Max´) is a lending vehicle which writes loans into structured finance transactions predominantly originated by Allco, and purchases investment grade debt on wholesale markets. AXQ's Investment Manager is Allco Funds Management Limited.

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