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Codan (ASX:CDA) Buildings And Improvements : A$0.0 Mil (As of Dec. 2024)


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What is Codan Buildings And Improvements?


Codan Buildings And Improvements Historical Data

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

Codan Annual Data
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Buildings And Improvements
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Codan Semi-Annual Data
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Codan 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.


Codan Business Description

Industry
Traded in Other Exchanges
N/A
Address
Technology Park, 2 Second Avenue, Mawson Lakes, SA, AUS, 5095
Codan designs and sells communication products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communication business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios, suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America and one fourth is from Europe.

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