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Siemens AG (XTER:SIE) Construction In Progress : €0 Mil (As of Dec. 2023)


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What is Siemens AG Construction In Progress?

Siemens AG's quarterly construction in progress increased from Jun. 2023 (€0 Mil) to Sep. 2023 (€1,296 Mil) but then declined from Sep. 2023 (€1,296 Mil) to Dec. 2023 (€0 Mil).

Siemens AG's annual construction in progress increased from Sep. 2021 (€1,055 Mil) to Sep. 2022 (€1,359 Mil) but then declined from Sep. 2022 (€1,359 Mil) to Sep. 2023 (€1,296 Mil).


Siemens AG Construction In Progress Historical Data

The historical data trend for Siemens 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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Siemens AG Construction In Progress Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,461.00 736.00 1,055.00 1,359.00 1,296.00

Siemens AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 1,296.00 -

Siemens 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.


Siemens AG (XTER:SIE) Business Description

Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.
Executives
Martina Merz Supervisory Board
Bettina Haller Supervisory Board
Christian Pfeiffer Supervisory Board
Matthias Rebellius Board of Directors
Judith Wiese Board of Directors
Dr. Nathalie Von Siemens Supervisory Board

Siemens AG (XTER:SIE) Headlines

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