Avingtrans (LSE:AVG) Buildings And Improvements : £0.0 Mil (As of May. 2024)

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What is Avingtrans Buildings And Improvements?

Avingtrans Buildings And Improvements Historical Data

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

Avingtrans Annual Data

Trend

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Buildings And Improvements

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Avingtrans Semi-Annual Data
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Avingtrans 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.

Avingtrans Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avingtrans PLC (LSE:AVG) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

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Address

Chatteris Business Park, Chatteris, Cambridgeshire, GBR, PE16 6SA

Website

https://www.avingtrans.plc.uk

Avingtrans PLC designs, manufactures, and supplies original equipment, systems, and associated aftermarket services to the energy, medical, and industrial markets around the world. The company is divided into the following segments Energy-AES and Medical-MII. The majority of its revenue is generated from the Energy-AES segment which which designs, manufactures, and services performance-critical electric motors and pumps for the energy industry. This segment also offers products like gas compressors, pressure vessels, blast doors, and containers. The Medical-MII segment designs and manufactures equipment for the medical, science, and research communities. Geographically, it derives key revenue from the United Kingdom, and the rest from China, Africa, the Middle East, and other regions.

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