TIM (BSP:TIMS3) Accumulated Depreciation : R$-47,932 Mil (As of Dec. 2023)

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What is TIM Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

TIM's quarterly accumulated depreciation declined from Jun. 2023 (R$-45,446 Mil) to Sep. 2023 (R$0 Mil) but then increased from Sep. 2023 (R$0 Mil) to Dec. 2023 (R$-47,932 Mil).

TIM's annual accumulated depreciation increased from Dec. 2021 (R$-30,851 Mil) to Dec. 2022 (R$-43,096 Mil) and increased from Dec. 2022 (R$-43,096 Mil) to Dec. 2023 (R$-47,932 Mil).

TIM Accumulated Depreciation Historical Data

The historical data trend for TIM's Accumulated Depreciation 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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TIM Accumulated Depreciation Chart

TIM Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-25,740.94

-29,328.47

-30,851.28

-43,096.45

-47,931.52

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-43,096.45	-44,151.31	-45,445.70	-	-47,931.52

TIM Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

TIM Accumulated Depreciation Related Terms

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TIM (BSP:TIMS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (BSP:TIMS3) » Definitions » Accumulated Depreciation

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Traded in Other Exchanges

TIMB:USA

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.

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