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NZTCF (Spark New Zealand) Construction In Progress : $0 Mil (As of Dec. 2024)


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What is Spark New Zealand Construction In Progress?

Spark New Zealand's quarterly construction in progress increased from Dec. 2023 ($0 Mil) to Jun. 2024 ($122 Mil) but then declined from Jun. 2024 ($122 Mil) to Dec. 2024 ($0 Mil).

Spark New Zealand's annual construction in progress increased from Jun. 2022 ($83 Mil) to Jun. 2023 ($94 Mil) and increased from Jun. 2023 ($94 Mil) to Jun. 2024 ($122 Mil).


Spark New Zealand Construction In Progress Historical Data

The historical data trend for Spark New Zealand'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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Spark New Zealand Construction In Progress Chart

Spark New Zealand Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 60.41 83.23 94.48 121.55

Spark New Zealand Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 94.48 - 121.55 -

Spark New Zealand 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.


Spark New Zealand Business Description

Address
167 Victoria Street West, Level 2, Spark City, Private Bag 92028, Auckland, NTL, NZL, 1010
Spark is one of only three integrated telecommunications companies in New Zealand. It is the leading mobile network operator with low- to mid-40% subscriber and revenue share, and the dominant provider of fixed-line broadband services with a mid-30% subscriber share. It has a commanding presence in the New Zealand corporate and wholesale telecommunications services provision space. Spark supplements its core telecommunications operations and related infrastructure with IT products and services across cloud, managed data and networks, procurement, data centers, and Internet of Things. Its operations are entirely based in New Zealand, except for its 41% interest in Southern Cross Submarine Cables, which has zero book value and to which Spark has no funding obligations.