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Lamprell (LSE:LAMN) Construction In Progress : £2.0 Mil (As of Dec. 2021)


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What is Lamprell Construction In Progress?

Lamprell's quarterly construction in progress declined from Dec. 2020 (£5.9 Mil) to Jun. 2021 (£0.0 Mil) but then increased from Jun. 2021 (£0.0 Mil) to Dec. 2021 (£2.0 Mil).

Lamprell's annual construction in progress increased from Dec. 2019 (£3.9 Mil) to Dec. 2020 (£5.9 Mil) but then declined from Dec. 2020 (£5.9 Mil) to Dec. 2021 (£2.0 Mil).


Lamprell Construction In Progress Historical Data

The historical data trend for Lamprell's Construction In Progress 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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Lamprell Construction In Progress Chart

Lamprell Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.80 20.73 3.89 5.85 1.96

Lamprell Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Construction In Progress 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 3.89 - 5.85 - 1.96

Lamprell Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Lamprell (LSE:LAMN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jebel Ali Free Zone, c/o. P.O. Box 33455, Dubai, ARE
Lamprell PLC is a provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries. Its services include fabricating packaged, pre-assembled and modularised units; constructing accommodation and complex process modules for onshore downstream projects; construction of complex living quarters, wellhead decks, topsides, jackets and other offshore fixed facilities; rig refurbishment; land rig services; engineering and construction and operations and maintenance. The operating business segments are Oil and Gas, Renewables and Digital.

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