CSO: Capital acquisitions climb in Q2
Capital acquisitions in industry in the second quarter of 2004 were €1140.7m, compared with €755.8m in the second quarter of 2003, according to figures released by the CSO today.
The major contributor to the total figure was acquisitions of machinery and equipment, which amounted to €917.1m in the second quarter of 2004, following on a second quarter 2003 level of €545.8m.
Land and buildings acquisitions were €157.5m, up from €112.5m in the second quarter of 2003. Total capital sales were €56.5m, compared with €46.4m in the second quarter of 2003.
The highest level of acquisitions of machinery and equipment was recorded in the electricity and gas supply sector with a level of €278.4m in the second quarter of 2004, compared with €206.0m for the same quarter in the previous year.
The highest level of acquisitions of land and buildings was in the chemical products sector, which accounted for €66.1m in the second quarter of 2004. This has increased from the second quarter 2003 level of €41.8m.
