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KONE Oyj (KONE Oyj) Buildings And Improvements : $0 Mil (As of Mar. 2024)


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What is KONE Oyj Buildings And Improvements?

KONE Oyj's quarterly buildings and improvements increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($858 Mil) but then declined from Dec. 2023 ($858 Mil) to Mar. 2024 ($0 Mil).

KONE Oyj's annual buildings and improvements declined from Dec. 2021 ($790 Mil) to Dec. 2022 ($784 Mil) but then increased from Dec. 2022 ($784 Mil) to Dec. 2023 ($858 Mil).


KONE Oyj Buildings And Improvements Historical Data

The historical data trend for KONE Oyj'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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KONE Oyj Buildings And Improvements Chart

KONE Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 670.56 777.25 789.61 784.22 857.69

KONE Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 857.69 -

KONE Oyj 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.


KONE Oyj (KONE Oyj) Business Description

Address
Keilasatama 3, P.O. Box 7, Espoo, FIN, FI-02150
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

KONE Oyj (KONE Oyj) Headlines

From GuruFocus

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KONE awarded new contract with City of Kansas City

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KONE wins Elevator World Project of the Year award

By PRNewswire PRNewswire 01-21-2022

Bernard Horn Comments on Kone OYJ

By Vera Yuan Vera Yuan 03-16-2015