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PLDT (PHI) Buildings And Improvements : $522 Mil (As of Dec. 2023)


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What is PLDT Buildings And Improvements?

PLDT's quarterly buildings and improvements declined from Jun. 2023 ($522 Mil) to Sep. 2023 ($520 Mil) but then increased from Sep. 2023 ($520 Mil) to Dec. 2023 ($522 Mil).

PLDT's annual buildings and improvements declined from Dec. 2021 ($496 Mil) to Dec. 2022 ($490 Mil) but then increased from Dec. 2022 ($490 Mil) to Dec. 2023 ($522 Mil).


PLDT Buildings And Improvements Historical Data

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

PLDT 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 504.77 442.07 495.60 490.41 522.26

PLDT 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 490.41 520.05 521.86 519.96 522.26

PLDT 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.


PLDT (PHI) Business Description

Traded in Other Exchanges
Address
Makati Avenue, Ramon Cojuangco Building, Metro Manila, Corner Ayala Avenue, Legaspi Village, Makati City, PHL, 1200
PLDT Inc is the telecommunications carrier in the Philippines. The company operates the nation's extensive fixed-line network and holds more than half of the market share in the domestic wireless space. First Pacific, a Hong Kong-based investment and management company specializing in consumer and telecommunication businesses, owns about 26% of PLDT, while two subsidiaries of Nippon Telegraph and Telephone jointly own about 21%.

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