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Max Trust (ASX:MXQ) Construction In Progress : A$0.00 Mil (As of Jun. 2013)


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What is Max Trust Construction In Progress?

Max Trust Construction In Progress Historical Data

The historical data trend for Max Trust's Construction In Progress 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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Max Trust Construction In Progress Chart

Max Trust Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Construction In Progress
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Max Trust Semi-Annual Data
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Max Trust Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Max Trust (ASX:MXQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Max Trust (ASX:MXQ) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
Website
http://www.thetrustcompany.com.au
Allco Max Securities & Mortgage Trust (AXQ) ('Max´) is a lending vehicle which writes loans into structured finance transactions predominantly originated by Allco, and purchases investment grade debt on wholesale markets. AXQ's Investment Manager is Allco Funds Management Limited.

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