Does the Aplus FDD include an income statement for Sunoco LP?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
The accompanying notes are an integral part of these consolidated financial statements.
SUNOCO LP CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Dollars in millions, except per unit data)
The accompanying notes are an integral part of these consolidated financial statements.
Income taxes paid, net 29 30 14
SUNOCO LP NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollar amounts, except per unit data, are in millions)
1. Organization and Principles of Consolidation
As used in this document, the terms "Partnership," "SUN," "we," "us" and "our" should be understood to refer to Sunoco LP and our consolidated subsidiaries, unless the context clearly indicates otherwise.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 68)
What This Means (2024 FDD)
Yes, the 2024 Aplus Franchise Disclosure Document includes the consolidated statements of operations and comprehensive income for Sunoco LP. This is part of the consolidated financial statements of Sunoco LP. These statements offer a detailed overview of Sunoco LP's financial performance, including revenues, expenses, and overall profitability.
Specifically, the FDD includes the "SUNOCO LP CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME," which provides a summary of the financial activities of Sunoco LP and its subsidiaries. The amounts are expressed in millions of dollars, except for per unit data.
Furthermore, the FDD contains the "SUNOCO LP NOTES TO CONSOLIDATED FINANCIAL STATEMENTS," which provides additional context and details regarding the figures presented in the financial statements. These notes are integral to understanding the consolidated financial statements and offer insights into the accounting practices and principles used by Sunoco LP. The notes clarify that terms like "Partnership," "SUN," "we," "us," and "our" refer to Sunoco LP and its consolidated subsidiaries.