Korean Air Lines Co (XKRX:003490) Buildings And Improvements : ₩1,108,037 Mil (As of Dec. 2023)

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What is Korean Air Lines Co Buildings And Improvements?

Korean Air Lines Co's quarterly buildings and improvements increased from Jun. 2023 (₩1,099,308 Mil) to Sep. 2023 (₩1,147,595 Mil) but then declined from Sep. 2023 (₩1,147,595 Mil) to Dec. 2023 (₩1,108,037 Mil).

Korean Air Lines Co's annual buildings and improvements increased from Dec. 2021 (₩1,096,919 Mil) to Dec. 2022 (₩1,112,675 Mil) but then declined from Dec. 2022 (₩1,112,675 Mil) to Dec. 2023 (₩1,108,037 Mil).

Korean Air Lines Co Buildings And Improvements Historical Data

The historical data trend for Korean Air Lines 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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Korean Air Lines Co Buildings And Improvements Chart

Korean Air Lines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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1,594,692.04

1,075,406.03

1,096,918.87

1,112,674.67

1,108,037.01

Korean Air Lines Co 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															1,112,674.67	1,123,364.73	1,099,308.34	1,147,594.58	1,108,037.01

Korean Air Lines 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.

Korean Air Lines Co (XKRX:003490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Buildings And Improvements

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003495:Korea

Address

260 Haneul-gil, Gangseo-gu, Seoul, KOR

Website

http://www.koreanair.com

Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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