Afrimat (JSE:AFT) Buildings And Improvements : R11 Mil (As of Aug. 2023)

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What is Afrimat Buildings And Improvements?

Afrimat's quarterly buildings and improvements increased from Aug. 2022 (R11 Mil) to Feb. 2023 (R33 Mil) but then declined from Feb. 2023 (R33 Mil) to Aug. 2023 (R11 Mil).

Afrimat's annual buildings and improvements increased from Feb. 2021 (R29 Mil) to Feb. 2022 (R30 Mil) and increased from Feb. 2022 (R30 Mil) to Feb. 2023 (R33 Mil).

Afrimat Buildings And Improvements Historical Data

The historical data trend for Afrimat'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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Afrimat Buildings And Improvements Chart

Afrimat Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Buildings And Improvements

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24.16

26.36

29.32

29.97

32.60

Afrimat Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Buildings And Improvements	Get a 7-Day Free Trial															17.48	29.97	11.43	32.60	11.18

Afrimat 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.

Afrimat (JSE:AFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Afrimat Ltd (JSE:AFT) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530

Website

https://www.afrimat.co.za

Afrimat Ltd is a South Africa-based company. It operates in three segments: Construction Materials, which comprises aggregates, concrete-based products, and contracting operations; Industrial Minerals segment consists mainly of the sale of limestone, dolomite, and industrial sand; Bulk Commodities segment includes iron ore and anthracite; and Services segment consists of Group shared services including IT services, consulting services, etc. It operates in a single geographical segment, which is the African region.