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Objective (ASX:OCL) Buildings And Improvements : A$0.0 Mil (As of Dec. 2023)


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What is Objective Buildings And Improvements?


Objective Buildings And Improvements Historical Data

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

Objective Annual Data
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Buildings And Improvements
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Objective Semi-Annual Data
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Objective 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.


Objective (ASX:OCL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
177 Pacific Highway, Level 30, North Sydney, Sydney, NSW, AUS, 2060
Objective Corporation is a founder-led technology company providing software and services for compliance with government regulations. Objective's primary business is its content management software for the Australian public sector, which ensures government information can be gathered, located, accessed, supplemented, authored, collaborated on, signed off on, and shared in a compliant manner. Objective also offers products which encompass industry-specific applications of enterprise content management software, such as for assessing building development applications, compiling new regulations and providing ministerial briefs.

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