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MITIE Group (LSE:MTO) Buildings And Improvements : £0 Mil (As of Sep. 2023)


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What is MITIE Group Buildings And Improvements?

MITIE Group's quarterly buildings and improvements increased from Sep. 2022 (£0 Mil) to Mar. 2023 (£38 Mil) but then declined from Mar. 2023 (£38 Mil) to Sep. 2023 (£0 Mil).

MITIE Group's annual buildings and improvements increased from Mar. 2021 (£37 Mil) to Mar. 2022 (£42 Mil) but then declined from Mar. 2022 (£42 Mil) to Mar. 2023 (£38 Mil).


MITIE Group Buildings And Improvements Historical Data

The historical data trend for MITIE Group'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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MITIE Group Buildings And Improvements Chart

MITIE Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.70 43.30 37.20 42.30 37.90

MITIE Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 42.30 - 37.90 -

MITIE Group 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.


MITIE Group (LSE:MTO) Business Description

Traded in Other Exchanges
Address
32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG
MITIE Group PLC is a U.K.-based company. The company has five reportable segments: Technical services, Business services, care, and custody, Landscapes, Waste, Communities, Specialist Services, and Spain. Through these segments, the company provides facilities management, consultancy, and security services. The company generates the majority of its revenue from the technical services and business services segments. Geographically, the company generates a majority of its revenue from the United Kingdom.

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