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AVADA Group (ASX:AVD) Buildings And Improvements : A$0.0 Mil (As of Dec. 2023)


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What is AVADA Group Buildings And Improvements?


AVADA Group Buildings And Improvements Historical Data

The historical data trend for AVADA Group'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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AVADA Group Buildings And Improvements Chart

AVADA Group Annual Data
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Buildings And Improvements
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AVADA Group Semi-Annual Data
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AVADA Group 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.


AVADA Group (ASX:AVD) Business Description

Traded in Other Exchanges
N/A
Address
116 Ipswich Road, Suite 1, Level 2, Woolloongabba, QLD, AUS, 4102
AVADA Group Ltd is an Australian traffic management operator and ancillary service provider with an established network throughout Queensland and New South Wales. The group has two reportable segments: Queensland Traffic Management and New South Wales Traffic Management. Queensland Traffic Management is the key revenue generator for the group. It provides services to government clients and major contractors in the civil infrastructure and maintenance sector.