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Chilanga Cement (LUS:CHIL) Buildings And Improvements : ZMW0.00 Mil (As of . 20)


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What is Chilanga Cement Buildings And Improvements?


Chilanga Cement Buildings And Improvements Historical Data

The historical data trend for Chilanga Cement's Buildings And Improvements can be seen below:

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Chilanga Cement Buildings And Improvements Chart

Chilanga Cement Annual Data
Trend
Buildings And Improvements

Chilanga Cement Semi-Annual Data
Buildings And Improvements

Chilanga Cement 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.


Chilanga Cement (LUS:CHIL) Business Description

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Address
Farm No.1880, Kafue Road, PO Box 32639, Chilanga, Lusaka, ZMB
Chilanga Cement PLC, formerly Lafarge Cement Zambia PLC is mainly engaged in the manufacturing and supplying of cement and other building materials. Products offered by the company include Mphamvu, Powerplus for heavy industrial construction, Supaset for block makers, RoadCem for soil stabilization during road construction, Powercrete designed for applications in the mining industry, including backfilling, rock bolting, stopping and shotcreting, and WallCrete, masonry ideal for bricklaying, plasterwork, floor screed and pointing. It serves the building industry, construction companies, architects, and local artisans. The Company supplies products by road and rail to the regional market, to Tanzania, Burundi Democratic Republic of Congo (DRC), Malawi, Namibia, and Zimbabwe.

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