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FAR (ASX:FAR) Buildings And Improvements : A$0.00 Mil (As of Jun. 2023)


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What is FAR Buildings And Improvements?

FAR Buildings And Improvements Historical Data

The historical data trend for FAR'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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FAR Buildings And Improvements Chart

FAR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
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FAR Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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FAR 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.

FAR (ASX:FAR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FAR Ltd (ASX:FAR) » Definitions » Buildings And Improvements
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Traded in Other Exchanges
FARYF:USA
Address
530 Collins Street, Level 12, Melbourne, VIC, AUS, 3000
Website
https://www.far.com.au
FAR Ltd is an independent oil and gas explorer with interests in Australia and Africa. Its projects include Africa, Gambia, Guinea-Bissau, Kenya, and Australia. The company in West Africa has a portfolio of exploration permits, including offshore Senegal, which consists of FAN-1 and SNE-1 exploration wells.

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