IRC (FRA:2I8) Buildings And Improvements : €0.0 Mil (As of Dec. 2024)

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What is IRC Buildings And Improvements?

IRC Buildings And Improvements Historical Data

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

IRC Annual Data

Trend

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Buildings And Improvements

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IRC Semi-Annual Data
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Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	-	-

IRC 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.

IRC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » IRC Ltd (FRA:2I8) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

01029:Hong Kong

Address

6H, 9 Queen’s Road Central, Central District Hong Kong Special Administrative Region, of the People’s Republic of China, Hong Kong, HKG

Website

http://www.ircgroup.com.hk

IRC Ltd is engaged in the production and development of industrial commodities products including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. Its segments include Mines in production comprising an iron ore project in production phase. This segment includes the K&S Project which is located in the Russia Far East Region; Mines in development comprising iron ore projects in the exploration and development phase. This segment includes the Garinskoye project and the Bolshoi Seym project which are all located in the Russia Far East region; Engineering comprising in-house engineering and scientific expertise related to JSC Giproruda, which is located in Russia; and Other.

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