Where can I find the Aplus Consolidated Balance Sheets in the provided financial statements?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| Report of Independent Registered Public Accounting Firm (PCAOB ID Number 248) | F-2 |
|---|---|
| Consolidated Balance Sheets | F-4 |
| Consolidated Statements of Operations and Comprehensive Income | F-5 |
| Consolidated Statements of Equity | F-6 |
| Consolidated Statements of Cash Flows | F-7 |
| Notes to Consolidated Financial Statements | F-8 |
| 1.Organization and Principles of Consolidation | F-8 |
| 2. Summary of Significant Accounting Policies | F-8 |
| 3. Acquisitions and Divestitures | F-13 |
| 4. Accounts Receivable, net | F-14 |
| 5. Inventories, net | F-14 |
| 6. Property and Equipment, net | F-15 |
| 7. Goodwill and Other Intangible Assets | F-15 |
| 8. Accrued Expenses and Other Current Liabilities | F-16 |
| 9. Long-Term Debt | F-17 |
| 10. Other Non-Current Liabilities | F-18 |
| 11. Related-Party Transactions | F-19 |
| 12. Revenue | F-19 |
| 13. Commitments and Contingencies | F-22 |
| 14. Assets Under Operating Leases | F-24 |
| 15. Interest Expense, net | F-25 |
| 16. Income Tax Expense | F-25 |
| 17. Partners' Capital | F-26 |
| 18. Unit-Based Compensation | F-28 |
| 19. Segment Reporting | F-28 |
| 20. Net Income per Common Unit | F-30 |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the Consolidated Balance Sheets can be found on page F-4 of Item 22, which contains the financial statements. Item 22 includes a table of contents for the financial statements, which lists the location of several key financial documents. This table of contents is helpful for navigating the financial statements and locating specific information.
The financial statements also include Consolidated Statements of Operations and Comprehensive Income (F-5), Consolidated Statements of Equity (F-6), Consolidated Statements of Cash Flows (F-7), and Notes to Consolidated Financial Statements (starting on F-8). The notes cover various aspects of Aplus's accounting practices, acquisitions, receivables, inventories, debts, and other financial details.
Prospective franchisees should carefully review the Consolidated Balance Sheets and related financial statements to understand Aplus's financial health and performance. Consulting with a financial advisor is recommended to fully interpret these documents and assess the financial risks and opportunities associated with investing in an Aplus franchise.