Manila Electric Co (Manila Electric Co) Land And Improvements : $495 Mil (As of Dec. 2023)

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What is Manila Electric Co Land And Improvements?

Manila Electric Co's land and improvements for the quarter that ended in Dec. 2023 was $495 Mil.

Manila Electric Co's quarterly land and improvements increased from Jun. 2023 ($326 Mil) to Sep. 2023 ($326 Mil) and increased from Sep. 2023 ($326 Mil) to Dec. 2023 ($495 Mil).

Manila Electric Co's annual land and improvements increased from Dec. 2021 ($306 Mil) to Dec. 2022 ($325 Mil) and increased from Dec. 2022 ($325 Mil) to Dec. 2023 ($495 Mil).

Manila Electric Co Land And Improvements Historical Data

The historical data trend for Manila Electric Co's Land 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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Manila Electric Co Land And Improvements Chart

Manila Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Land And Improvements

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266.48

272.39

306.06

325.22

495.25

Manila Electric Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Land And Improvements	Get a 7-Day Free Trial															325.22	325.22	325.62	325.98	495.25

Manila Electric Co Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Manila Electric Co (Manila Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Electric Co (OTCPK:MERVF) » Definitions » Land And Improvements

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MAEOY:USA MER:Philippines

Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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