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Shire (LSE:SHP) Construction In Progress : £581 Mil (As of Sep. 2018)


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What is Shire Construction In Progress?

Shire's quarterly construction in progress increased from Mar. 2018 (£0 Mil) to Jun. 2018 (£591 Mil) but then declined from Jun. 2018 (£591 Mil) to Sep. 2018 (£581 Mil).

Shire's annual construction in progress increased from Dec. 2015 (£63 Mil) to Dec. 2016 (£2,109 Mil) but then declined from Dec. 2016 (£2,109 Mil) to Dec. 2017 (£1,916 Mil).


Shire Construction In Progress Historical Data

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

Shire Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.82 28.05 62.59 2,108.63 1,915.88

Shire Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,878.68 1,915.88 - 590.92 580.94

Shire 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.


Shire (LSE:SHP) Business Description

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Shire is a diversified, Ireland-based specialty drug firm. Shire has grown primarily through mergers and acquisitions, including the Transkaryotic Therapies acquisition in 2005, which established its genetic disease business with Replagal and Elaprase, and the merger with New River in 2007, which brought full rights to neuroscience drug Vyvanse. Shire completed the acquisition of ViroPharma (genetic diseases) in 2014, NPS Pharma (internal medicine) in 2015, and Baxalta (hematology, immunology, and oncology) and Dyax (genetic diseases) in 2016.

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