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Petroreconcavo (BSP:RECV3) Buildings And Improvements : R$512 Mil (As of Mar. 2025)


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What is Petroreconcavo Buildings And Improvements?

Petroreconcavo's quarterly buildings and improvements declined from Sep. 2024 (R$524 Mil) to Dec. 2024 (R$503 Mil) but then increased from Dec. 2024 (R$503 Mil) to Mar. 2025 (R$512 Mil).

Petroreconcavo's annual buildings and improvements increased from Dec. 2022 (R$364 Mil) to Dec. 2023 (R$598 Mil) but then declined from Dec. 2023 (R$598 Mil) to Dec. 2024 (R$503 Mil).


Petroreconcavo Buildings And Improvements Historical Data

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

Petroreconcavo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
Get a 7-Day Free Trial 68.53 - 364.12 597.79 502.64

Petroreconcavo Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 573.80 545.26 524.29 502.64 512.15

Petroreconcavo 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.


Petroreconcavo Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenue Luis Viana, Hangar Businesss park, Tower 3, 4th Floor, Salvador, BA, BRA, 41500-300
Petroreconcavo SA is engaged in the operations and production of mature oil and natural gas fields and its by-products in Brazil. The company specializes in the development and rejuvenation of mature and marginal fields in onshore basins and is the operator in all of its fields.

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