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TECOM Group PJSC (DFM:TECOM) Buildings And Improvements : د.إ267 Mil (As of Mar. 2024)


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What is TECOM Group PJSC Buildings And Improvements?

TECOM Group PJSC's quarterly buildings and improvements declined from Sep. 2023 (د.إ266 Mil) to Dec. 2023 (د.إ266 Mil) but then increased from Dec. 2023 (د.إ266 Mil) to Mar. 2024 (د.إ267 Mil).

TECOM Group PJSC's annual buildings and improvements declined from Dec. 2021 (د.إ263 Mil) to Dec. 2022 (د.إ263 Mil) but then increased from Dec. 2022 (د.إ263 Mil) to Dec. 2023 (د.إ266 Mil).


TECOM Group PJSC Buildings And Improvements Historical Data

The historical data trend for TECOM Group PJSC's Buildings And Improvements 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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TECOM Group PJSC Buildings And Improvements Chart

TECOM Group PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
258.03 261.14 262.76 262.71 266.16

TECOM Group PJSC Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 265.30 265.74 266.50 266.16 267.20

TECOM Group PJSC Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


TECOM Group PJSC (DFM:TECOM) Business Description

Traded in Other Exchanges
N/A
Address
Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE
TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

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