Manila Electric Co (PHS:MER) Buildings And Improvements : ₱20,843 Mil (As of Jun. 2024)

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What is Manila Electric Co Buildings And Improvements?

Manila Electric Co's quarterly buildings and improvements increased from Dec. 2023 (₱16,485 Mil) to Mar. 2024 (₱20,076 Mil) and increased from Mar. 2024 (₱20,076 Mil) to Jun. 2024 (₱20,843 Mil).

Manila Electric Co's annual buildings and improvements increased from Dec. 2021 (₱12,946 Mil) to Dec. 2022 (₱15,707 Mil) and increased from Dec. 2022 (₱15,707 Mil) to Dec. 2023 (₱16,485 Mil).

Manila Electric Co Buildings And Improvements Historical Data

The historical data trend for Manila Electric Co'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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Manila Electric Co Buildings And Improvements Chart

Manila Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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7,054.00

7,401.00

12,946.00

15,707.00

16,485.00

Manila Electric Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Buildings And Improvements	Get a 7-Day Free Trial															16,028.00	16,558.00	16,485.00	20,076.00	20,843.00

Manila Electric Co 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.

Manila Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Electric Co (PHS:MER) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

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Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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