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Heidelberg Materials AG (HAM:HEI) Buildings And Improvements : €0 Mil (As of Jun. 2024)


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What is Heidelberg Materials AG Buildings And Improvements?


Heidelberg Materials AG Buildings And Improvements Historical Data

The historical data trend for Heidelberg Materials AG'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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Heidelberg Materials AG Buildings And Improvements Chart

Heidelberg Materials AG Annual Data
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Buildings And Improvements
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Heidelberg Materials AG Semi-Annual Data
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Heidelberg Materials AG 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.


Heidelberg Materials AG Business Description

Address
Berliner Strasse 6, Heidelberg, BW, DEU, 69120
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. North America is the company's largest market, contributing 29% of EBITDA, followed by Western and Southern Europe, contributing 21%. Heidelberg Materials is listed in Germany and has 55,000 employees.