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Interfor (TSX:IFP) Buildings And Improvements : C$259 Mil (As of Dec. 2023)


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What is Interfor Buildings And Improvements?

Interfor's quarterly buildings and improvements stayed the same from Jun. 2023 (C$0 Mil) to Sep. 2023 (C$0 Mil) but then increased from Sep. 2023 (C$0 Mil) to Dec. 2023 (C$259 Mil).

Interfor's annual buildings and improvements increased from Dec. 2021 (C$159 Mil) to Dec. 2022 (C$249 Mil) and increased from Dec. 2022 (C$249 Mil) to Dec. 2023 (C$259 Mil).


Interfor Buildings And Improvements Historical Data

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

Interfor 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 141.85 138.31 158.96 248.80 258.60

Interfor 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 248.80 - - - 258.60

Interfor 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.


Interfor (TSX:IFP) Business Description

Traded in Other Exchanges
Address
1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2
Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.

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