Valiant Petroleum (LSE:VPP) Buildings And Improvements : £0.0 Mil (As of Jun. 2012)

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What is Valiant Petroleum Buildings And Improvements?

Valiant Petroleum Buildings And Improvements Historical Data

The historical data trend for Valiant Petroleum'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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Valiant Petroleum Buildings And Improvements Chart

Valiant Petroleum Annual Data

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Buildings And Improvements

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Valiant Petroleum Semi-Annual Data
	Mar08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12
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Valiant Petroleum 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.

Valiant Petroleum (LSE:VPP) Business Description

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