Manawa Energy (NZSE:MNW) Construction In Progress : NZ$0.0 Mil (As of Sep. 2023)

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What is Manawa Energy Construction In Progress?

Manawa Energy's quarterly construction in progress increased from Sep. 2022 (NZ$0.0 Mil) to Mar. 2023 (NZ$78.2 Mil) but then declined from Mar. 2023 (NZ$78.2 Mil) to Sep. 2023 (NZ$0.0 Mil).

Manawa Energy's annual construction in progress increased from Mar. 2021 (NZ$38.6 Mil) to Mar. 2022 (NZ$57.1 Mil) and increased from Mar. 2022 (NZ$57.1 Mil) to Mar. 2023 (NZ$78.2 Mil).

Manawa Energy Construction In Progress Historical Data

The historical data trend for Manawa Energy'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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Manawa Energy Construction In Progress Chart

Manawa Energy Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Construction In Progress

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19.32

21.15

38.60

57.08

78.24

Manawa Energy Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Construction In Progress	Get a 7-Day Free Trial											-	57.08	-	78.24	-

Manawa Energy 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.

Manawa Energy (NZSE:MNW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Manawa Energy Ltd (NZSE:MNW) » Definitions » Construction In Progress

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Address

108 Durham Street, Private Bag 12055, Tauranga Mail Centre, Tauranga, BOP, NZL, 3110

Website

https://www.manawaenergy.co.nz

Manawa is New Zealand's fifth-largest electricity generator. It has around 26 hydroelectric schemes in New Zealand, producing about 1,900 GWh of electricity in an average rainfall year. Manawa's retail business was sold in 2022. Most electricity is sold to Mercury NZ under a long-term contract.

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