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W.E.T. Automotive Systems AG (XTER:WET) Buildings And Improvements : €0.0 Mil (As of Jun. 2013)


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What is W.E.T. Automotive Systems AG Buildings And Improvements?


W.E.T. Automotive Systems AG Buildings And Improvements Historical Data

The historical data trend for W.E.T. Automotive Systems 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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W.E.T. Automotive Systems AG Buildings And Improvements Chart

W.E.T. Automotive Systems AG Annual Data
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W.E.T. Automotive Systems AG Semi-Annual Data
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W.E.T. Automotive Systems 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.


W.E.T. Automotive Systems AG Business Description

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W.E.T is a supplier of seat climate systems and cable technology for the automotive industry. The company has a market share of over 50% of the world-wide seat heating market. Other products include steering wheel heating and temperature control.

W.E.T. Automotive Systems AG Headlines

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