National Investment Trust (MSW:NITL) Buildings And Improvements : MWK0.00 Mil (As of . 20)

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What is National Investment Trust Buildings And Improvements?

National Investment Trust Buildings And Improvements Historical Data

The historical data trend for National Investment Trust'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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National Investment Trust Buildings And Improvements Chart

National Investment Trust Annual Data

Trend

Buildings And Improvements

National Investment Trust Semi-Annual Data

Buildings And Improvements

National Investment Trust 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.

National Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » National Investment Trust PLC (MSW:NITL) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

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Address

Chibisa House, 19 Glyn Jones Road, Post Office Box 910, Blantyre, MWI

Website

http://www.nitlmw.com

National Investment Trust PLC is a closed-end collective investment scheme company. The principal objective of the company is to provide a vehicle to facilitate broad public participation in a diverse portfolio of equity investments in Malawi. Its portfolio consists of equity investments, bonds, property and equity of property companies and money market investments. The investment portfolio is managed with a view to providing shareholders with a return by way of both annual income and capital growth. It derives revenue in the form of dividend and interest income.

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