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Saipem SpA (FRA:SPEA) Buildings And Improvements : €953 Mil (As of Dec. 2024)


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What is Saipem SpA Buildings And Improvements?

Saipem SpA's quarterly buildings and improvements stayed the same from Jun. 2024 (€0 Mil) to Sep. 2024 (€0 Mil) but then increased from Sep. 2024 (€0 Mil) to Dec. 2024 (€953 Mil).

Saipem SpA's annual buildings and improvements declined from Dec. 2022 (€1,208 Mil) to Dec. 2023 (€1,015 Mil) and declined from Dec. 2023 (€1,015 Mil) to Dec. 2024 (€953 Mil).


Saipem SpA Buildings And Improvements Historical Data

The historical data trend for Saipem SpA'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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Saipem SpA Buildings And Improvements Chart

Saipem SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,212.00 1,296.00 1,208.00 1,015.00 953.00

Saipem SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 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 - - - 953.00 -

Saipem SpA 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.


Saipem SpA Business Description

Industry
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem SpA specializes in engineering and construction services for the oil and gas industries. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment include Italy, Rest of Europe, CSI, Rest of Asia, etc.

Saipem SpA Headlines

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