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Amber Grid AB (OVSE:AMG1L) Construction In Progress : €6.75 Mil (As of Mar. 2024)


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What is Amber Grid AB Construction In Progress?

Amber Grid AB's quarterly construction in progress declined from Sep. 2023 (€16.81 Mil) to Dec. 2023 (€5.88 Mil) but then increased from Dec. 2023 (€5.88 Mil) to Mar. 2024 (€6.75 Mil).

Amber Grid AB's annual construction in progress declined from Dec. 2021 (€7.81 Mil) to Dec. 2022 (€6.65 Mil) and declined from Dec. 2022 (€6.65 Mil) to Dec. 2023 (€5.88 Mil).


Amber Grid AB Construction In Progress Historical Data

The historical data trend for Amber Grid AB'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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Amber Grid AB Construction In Progress Chart

Amber Grid AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.16 51.77 7.81 6.65 5.88

Amber Grid AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.58 14.79 16.81 5.88 6.75

Amber Grid AB 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.


Amber Grid AB (OVSE:AMG1L) Business Description

Traded in Other Exchanges
Address
Laisv?s pr. 10, Vilnius, LTU, LT-04215
Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

Amber Grid AB (OVSE:AMG1L) Headlines

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