Asia Resource Minerals (LSE:ARMS) Construction In Progress : £5.1 Mil (As of Dec. 2014)

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What is Asia Resource Minerals Construction In Progress?

Asia Resource Minerals's quarterly construction in progress declined from Dec. 2013 (£8.5 Mil) to Jun. 2014 (£0.0 Mil) but then increased from Jun. 2014 (£0.0 Mil) to Dec. 2014 (£5.1 Mil).

Asia Resource Minerals's annual construction in progress declined from Dec. 2012 (£40.2 Mil) to Dec. 2013 (£8.5 Mil) and declined from Dec. 2013 (£8.5 Mil) to Dec. 2014 (£5.1 Mil).

Asia Resource Minerals Construction In Progress Historical Data

The historical data trend for Asia Resource Minerals'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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Asia Resource Minerals Construction In Progress Chart

Asia Resource Minerals Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Construction In Progress

37.24

40.24

8.54

5.11

Asia Resource Minerals Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Construction In Progress	Get a 7-Day Free Trial			40.24	-	8.54	-	5.11

Asia Resource Minerals 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.

Asia Resource Minerals (LSE:ARMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asia Resource Minerals PLC (LSE:ARMS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.asiarmplc.com

Asia Resource Minerals PLC was incorporated on December 03, 2010. The Company, together with its subsidiaries is engaged in coal mining operations and exploration and development of mineral mining concessions. The Company's coal operations are located near Tanjung Redeb, East Kalimantan, in Indonesia. Its subsidiary, PT Berau, has three open cut mining operations, namely Lati, Binungan and Sambarata, located in an 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 6,100 kcal/kg (on a gross as received' basis) for use in coal fired power plants.

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