Verbund AG (XPRA:VER) Construction In Progress : Kč0 Mil (As of Mar. 2024)

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What is Verbund AG Construction In Progress?

Verbund AG's quarterly construction in progress increased from Sep. 2023 (Kč0 Mil) to Dec. 2023 (Kč48,909 Mil) but then declined from Dec. 2023 (Kč48,909 Mil) to Mar. 2024 (Kč0 Mil).

Verbund AG's annual construction in progress increased from Dec. 2021 (Kč34,527 Mil) to Dec. 2022 (Kč37,575 Mil) and increased from Dec. 2022 (Kč37,575 Mil) to Dec. 2023 (Kč48,909 Mil).

Verbund AG Construction In Progress Historical Data

The historical data trend for Verbund AG'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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Verbund AG Construction In Progress Chart

Verbund AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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16,300.25

22,537.74

34,526.52

37,574.77

48,908.86

Verbund AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	48,908.86	-

Verbund AG 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.

Verbund AG (XPRA:VER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (XPRA:VER) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

OEZVY:USA OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Austria

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.