Afarak Group SE (CHIX:AFAGRH) Buildings And Improvements : €3.9 Mil (As of Dec. 2022)

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What is Afarak Group SE Buildings And Improvements?

Afarak Group SE's quarterly buildings and improvements declined from Dec. 2021 (€3.9 Mil) to Jun. 2022 (€0.0 Mil) but then increased from Jun. 2022 (€0.0 Mil) to Dec. 2022 (€3.9 Mil).

Afarak Group SE's annual buildings and improvements declined from Dec. 2021 (€3.9 Mil) to Dec. 2022 (€3.9 Mil) and declined from Dec. 2022 (€3.9 Mil) to Dec. 2023 (€3.6 Mil).

Afarak Group SE Buildings And Improvements Historical Data

The historical data trend for Afarak Group SE'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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Afarak Group SE Buildings And Improvements Chart

Afarak Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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8.39

4.82

3.91

3.90

3.56

Afarak Group SE Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															-	3.91	-	3.90	3.56

Afarak Group SE 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.

Afarak Group SE (CHIX:AFAGRH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Afarak Group SE (CHIX:AFAGRh) » Definitions » Buildings And Improvements

Traded in Other Exchanges

AFAGR:Finland

Address

Kaisaniemenkatu 4, Helsinki, FIN, 00100

Website

https://www.afarak.com

Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

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