Swiss Prime Site AG (XSWX:SPSN) Buildings And Improvements : CHF37.3 Mil (As of Dec. 2023)

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What is Swiss Prime Site AG Buildings And Improvements?

Swiss Prime Site AG's quarterly buildings and improvements declined from Dec. 2022 (CHF70.8 Mil) to Jun. 2023 (CHF0.0 Mil) but then increased from Jun. 2023 (CHF0.0 Mil) to Dec. 2023 (CHF37.3 Mil).

Swiss Prime Site AG's annual buildings and improvements declined from Dec. 2021 (CHF79.5 Mil) to Dec. 2022 (CHF70.8 Mil) and declined from Dec. 2022 (CHF70.8 Mil) to Dec. 2023 (CHF37.3 Mil).

Swiss Prime Site AG Buildings And Improvements Historical Data

The historical data trend for Swiss Prime Site AG'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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Swiss Prime Site AG Buildings And Improvements Chart

Swiss Prime Site AG Annual Data

Trend

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Dec23

Buildings And Improvements

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48.94

79.52

70.82

37.26

Swiss Prime Site AG 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															79.52	-	70.82	-	37.26

Swiss Prime Site AG 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.

Swiss Prime Site AG (XSWX:SPSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Swiss Prime Site AG (XSWX:SPSN) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

SPSNz:UK 0QOG:UK

Address

Alpenstrasse 15, Zug, CHE, 6300

Website

https://www.sps.swiss

Swiss Prime Site AG is a real estate company based in Switzerland. The company is made up of two segments: Real Estate and Services. The Real Estate segment consists of the firm's core real estate activities (the purchase, sale, lease, and development of properties). The Services segment includes real estate services, assisted living, retail, and asset management businesses.

Swiss Prime Site AG (XSWX:SPSN) Headlines

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