Serco Group (LSE:SRP) Buildings And Improvements : £773 Mil (As of Dec. 2023)

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What is Serco Group Buildings And Improvements?

Serco Group's quarterly buildings and improvements declined from Dec. 2022 (£711 Mil) to Jun. 2023 (£0 Mil) but then increased from Jun. 2023 (£0 Mil) to Dec. 2023 (£773 Mil).

Serco Group's annual buildings and improvements increased from Dec. 2021 (£603 Mil) to Dec. 2022 (£711 Mil) and increased from Dec. 2022 (£711 Mil) to Dec. 2023 (£773 Mil).

Serco Group Buildings And Improvements Historical Data

The historical data trend for Serco 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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Serco Group Buildings And Improvements Chart

Serco Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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457.80

511.40

603.30

710.70

773.00

Serco Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															603.30	-	710.70	-	773.00

Serco 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.

Serco Group (LSE:SRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Serco Group PLC (LSE:SRP) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

SECCF:USA SCGPY:USA SRPl:UK SEO:Germany

Address

16 Bartley Wood Business Park, Serco House, Bartley Way, Hook, Hampshire, GBR, RG27 9UY

Website

https://www.serco.com

Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions. The U.K. & Europe local and regional government division provides hospital management welfare, business support operations, and defense services in the U.K. and Europe. The Americas division provides professional, defense, technology, and management services to U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates most of its revenue from the U.K. & Europe division.

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