Ignitis Group AB (OVSE:IGN1L) Construction In Progress : €0 Mil (As of Mar. 2025)

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What is Ignitis Group AB Construction In Progress?

Ignitis Group AB's quarterly construction in progress increased from Sep. 2024 (€0 Mil) to Dec. 2024 (€705 Mil) but then declined from Dec. 2024 (€705 Mil) to Mar. 2025 (€0 Mil).

Ignitis Group AB's annual construction in progress increased from Dec. 2022 (€319 Mil) to Dec. 2023 (€575 Mil) and increased from Dec. 2023 (€575 Mil) to Dec. 2024 (€705 Mil).

Ignitis Group AB Construction In Progress Historical Data

The historical data trend for Ignitis Group AB'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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Ignitis Group AB Construction In Progress Chart

Ignitis Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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414.21

251.30

318.80

575.10

705.40

Ignitis Group AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															-	-	-	705.40	-

Ignitis Group AB 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.

Ignitis Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ignitis Group AB (OVSE:IGN1L) » Definitions » Construction In Progress

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Traded in Other Exchanges

IGN:UK IGV0:Germany

Address

Laisves Avenue 10, Vilnius, LTU, LT-04215

Website

https://www.ignitisgrupe.lt

Ignitis Group AB is engaged in green electricity generation and development of green and flexible technologies, energy distribution and supply, development of energy-smart solutions and other related activities. It is focusing on green generation and green flexibility technologies: onshore and offshore wind, batteries, pumped-storage hydro and power-to-X (P2X). Its business segments include Green Capacities, Networks, Reserve Capacities, Customers & Solutions, and Others. The company derives maximum revenue from Customers & Solutions segment. Geographically, it operates in Lithuania, Poland, Latvia, Finland, Estonia and Other Countries, out of which Lithuania generates majority revenue.

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