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Polski Koncern Naftowy ORLEN (LSE:POKD) Buildings And Improvements : $24,290 Mil (As of Dec. 2023)


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What is Polski Koncern Naftowy ORLEN Buildings And Improvements?

Polski Koncern Naftowy ORLEN's quarterly buildings and improvements stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($24,290 Mil).

Polski Koncern Naftowy ORLEN's annual buildings and improvements increased from Dec. 2021 ($10,887 Mil) to Dec. 2022 ($23,010 Mil) and increased from Dec. 2022 ($23,010 Mil) to Dec. 2023 ($24,290 Mil).


Polski Koncern Naftowy ORLEN Buildings And Improvements Historical Data

The historical data trend for Polski Koncern Naftowy ORLEN'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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Polski Koncern Naftowy ORLEN Buildings And Improvements Chart

Polski Koncern Naftowy ORLEN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,175.65 10,040.28 10,887.24 23,010.22 24,289.84

Polski Koncern Naftowy ORLEN Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23,010.22 - - - 24,289.84

Polski Koncern Naftowy ORLEN 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.


Polski Koncern Naftowy ORLEN (LSE:POKD) Business Description

Address
Chemikow 7 Street, Plock, POL, 09-411
Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.

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