Q3 capital assets acquisitions hit €955m
Capital acquisitions in industry in the third quarter of 2005 were €955m, compared with €932m in the third quarter of 2004, according to the Central Statistics Office.
The major contributor to the total figure was acquisitions of machinery and equipment, which amounted to €702.3m in the third quarter of 2005, following a third-quarter 2004 level of €727.7m.
Land and buildings acquisitions were €163m, up from €120.1m in the third quarter of 2004. Total capital sales were €88.2m, compared with €91.4m in the third quarter of 2004.
The breakdown of the components of acquisitions into the different industrial sectors shows the highest level of acquisitions of machinery and equipment was recorded in the electricity and gas supply sector, with a level of €250.8m in the third quarter of 2005, compared with €287.8m for the same quarter the previous year.
The highest level of acquisitions of land and buildings was in the chemical products sector, which accounted for €64.1m in the third quarter of 2005.
