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Mota-Engil Africa NV (LTS:0R6D) Accounts Payable & Accrued Expense : €544 Mil (As of Dec. 2014)


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What is Mota-Engil Africa NV Accounts Payable & Accrued Expense?

Mota-Engil Africa NV's quarterly accounts payable & accrued expense declined from Dec. 2012 (€493 Mil) to Dec. 2013 (€0 Mil) but then increased from Dec. 2013 (€0 Mil) to Dec. 2014 (€544 Mil).

Mota-Engil Africa NV's annual accounts payable & accrued expense declined from Dec. 2012 (€493 Mil) to Dec. 2013 (€0 Mil) but then increased from Dec. 2013 (€0 Mil) to Dec. 2014 (€544 Mil).


Mota-Engil Africa NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mota-Engil Africa NV's Accounts Payable & Accrued Expense 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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Mota-Engil Africa NV Accounts Payable & Accrued Expense Chart

Mota-Engil Africa NV Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Accounts Payable & Accrued Expense
322.50 492.75 0.11 543.56

Mota-Engil Africa NV Semi-Annual Data
Dec11 Dec12 Dec13 Dec14
Accounts Payable & Accrued Expense 322.50 492.75 0.11 543.56

Mota-Engil Africa NV Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Mota-Engil Africa NV (LTS:0R6D) Business Description

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Mota-Engil Africa NV was incorporated on October 31, 2012 by a notarial deed of incorporation as a private company with limited liability under the laws of the Netherlands. The Company is a provider of integrated engineering and construction services. The Company also provides other services, across its target markets in Sub-Saharan Africa. Its portfolio of services ranges from Engineering and Construction which includes infrastructure such as roads, railways, bridges and dams, mining services, civil construction works and real estate construction and services, Logistics which includes ports and other infrastructure management and Environment and Services which includes waste management and collection and water treatment and distribution. The Company currently operates in ten countries comprising its primary markets of Angola, Malawi and Mozambique as well as its other markets of Cape Verde, Ghana, São Tomé and Príncipe, South Africa, Uganda, Zambia and Zimbabwe.

Mota-Engil Africa NV (LTS:0R6D) Headlines

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