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Innlanz (ASX:INL) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Innlanz Buildings And Improvements?


Innlanz Buildings And Improvements Historical Data

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

Innlanz Annual Data
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Innlanz Semi-Annual Data
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Innlanz 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.


Innlanz (ASX:INL) Business Description

Traded in Other Exchanges
N/A
Address
18-40 Anderson Street, Parramatta, NSW, AUS, 2150
Innlanz Ltd, formerly Mediland Pharm Ltd is specialized in offering health, well-being, skin care supplements, and also luxury products, including; opal and pink diamond jewelry pieces, souvenirs and gifts, luxurious bedding, and a fashionable range of rugs. The company operates in two segments namely Retailer and Hotel operations. The Retail segment includes services to the Chinese inbound tourism sector in Australia and New Zealand.

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