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Mota-Engil Africa NV (LTS:0R6D) Construction In Progress : €15 Mil (As of Dec. 2014)


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What is Mota-Engil Africa NV Construction In Progress?

Mota-Engil Africa NV's quarterly construction in progress declined from Dec. 2012 (€4 Mil) to Dec. 2013 (€0 Mil) but then increased from Dec. 2013 (€0 Mil) to Dec. 2014 (€15 Mil).

Mota-Engil Africa NV's annual construction in progress declined from Dec. 2012 (€4 Mil) to Dec. 2013 (€0 Mil) but then increased from Dec. 2013 (€0 Mil) to Dec. 2014 (€15 Mil).


Mota-Engil Africa NV Construction In Progress Historical Data

The historical data trend for Mota-Engil Africa NV'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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Mota-Engil Africa NV Construction In Progress Chart

Mota-Engil Africa NV Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Construction In Progress
3.59 4.35 - 14.72

Mota-Engil Africa NV Semi-Annual Data
Dec11 Dec12 Dec13 Dec14
Construction In Progress 3.59 4.35 - 14.72

Mota-Engil Africa NV 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.


Mota-Engil Africa NV (LTS:0R6D) Business Description

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Mota-Engil Africa NV was incorporated on October 31, 2012 by a notarial deed of incorporation as a private company with limited liability under the laws of the Netherlands. The Company is a provider of integrated engineering and construction services. The Company also provides other services, across its target markets in Sub-Saharan Africa. Its portfolio of services ranges from Engineering and Construction which includes infrastructure such as roads, railways, bridges and dams, mining services, civil construction works and real estate construction and services, Logistics which includes ports and other infrastructure management and Environment and Services which includes waste management and collection and water treatment and distribution. The Company currently operates in ten countries comprising its primary markets of Angola, Malawi and Mozambique as well as its other markets of Cape Verde, Ghana, São Tomé and Príncipe, South Africa, Uganda, Zambia and Zimbabwe.

Mota-Engil Africa NV (LTS:0R6D) Headlines

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