What were the total Aplus assets for the All Other segment at the end of 2022?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
- | | Equity in earnings of unconsolidated affiliates | | | | | | | (4) | | Adjusted EBITDA related to unconsolidated affiliates | | | | | | | 10 | Other non-cash adjustments 20 Adjusted EBITDA $ 807 $ 112 $ 919 Capital expenditures $ 143 $ 43 $ 186 Total assets, end of period $ 5,727 $ 1,103 $ 6,830
Year Ended December 31, 2021
| Year Ended December 31, 2021 | |||||||
|---|---|---|---|---|---|---|---|
| Fuel Distribution and Marketing | All Other | Intersegment Eliminations | Totals | ||||
| Revenue | |||||||
| Motor fuel sales | $ 16,569 | $ | 583 | $ | 17,152 | ||
| Non-motor fuel sales | 82 | 224 | 306 | ||||
| Lease income | 127 | 11 | 138 | ||||
| Intersegment sales | 412 | — | (412) | — | |||
| Total revenue | $ 17,190 | $ | 818 | $ | (412) | $ | 17,596 |
| Net income and comprehensive income | $ | 524 | |||||
| Depreciation, amortization and accretion | 177 | ||||||
| Interest expense, net | 163 | ||||||
| Income tax expense | 30 | ||||||
| Non-cash unit-based compensation expense | 16 | ||||||
| Gain on disposal of assets | (14) | ||||||
| Unrealized gain on commodity derivatives | (14) | ||||||
| Loss on extinguishment of debt | 36 | ||||||
| Inventory adjustments | (190) | ||||||
| Equity in earnings of unconsolidated affiliat |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the total assets for the All Other segment at the end of 2022 were $990,000. This figure represents the assets specifically allocated to the 'All Other' segment of Aplus's business operations as of December 31, 2022.
This information is useful for prospective franchisees as it provides a snapshot of the financial scale and resources associated with a particular segment of Aplus's operations. Understanding the asset allocation can give franchisees insight into where the company's resources are concentrated and potentially where future investments or growth opportunities may lie.
It's important to note that this figure is just one component of Aplus's overall financial health. Franchisees should consider this number in conjunction with other financial metrics, such as revenue, liabilities, and equity, to gain a comprehensive understanding of the company's financial position. Additionally, comparing this figure to previous years can reveal trends in asset growth or decline within the 'All Other' segment.