Redeiaoracion (FRA:RE2) Construction In Progress : €0 Mil (As of Jun. 2024)

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What is Redeiaoracion Construction In Progress?

Redeiaoracion's quarterly construction in progress declined from Dec. 2023 (€1,217 Mil) to Mar. 2024 (€0 Mil) but then stayed the same from Mar. 2024 (€0 Mil) to Jun. 2024 (€0 Mil).

Redeiaoracion's annual construction in progress increased from Dec. 2021 (€1,077 Mil) to Dec. 2022 (€1,137 Mil) and increased from Dec. 2022 (€1,137 Mil) to Dec. 2023 (€1,217 Mil).

Redeiaoracion Construction In Progress Historical Data

The historical data trend for Redeiaoracion'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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Redeiaoracion Construction In Progress Chart

Redeiaoracion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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752.75

926.49

1,076.69

1,136.61

1,216.55

Redeiaoracion Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Construction In Progress	Get a 7-Day Free Trial															-	-	1,216.55	-	-

Redeiaoracion 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.

Redeiaoracion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Redeia Corporacion SA (FRA:RE2) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RDEIY:USA RDEIF:USA 1REE:Italy REDe:UK 0RI5:UK RED:Spain RE2:Germany RE21:Germany RE21:Germany REE:Austria

Address

Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109

Website

https://www.ree.es

Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion Headlines

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