What was the total Aplus depreciation, amortization, and accretion expense in 2022?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
e | 394 | | Balance at December 31, 2023 | $ 978 | | | |
The accompanying notes are an integral part of these consolidated financial statements.
Year Ended December 31,
SUNOCO LP CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollars in millions)
| | 2023 | 2022 | 2021 | |----------------------------------------------------------------------------------
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the total depreciation, amortization, and accretion expense for the year ended December 31, 2022, was $193 million. This figure is part of the adjustments used to reconcile net income to net cash provided by operating activities. It represents the non-cash expenses related to the decline in value of Aplus's assets over time.
For a prospective Aplus franchisee, understanding depreciation, amortization, and accretion is crucial because it reflects the capital-intensive nature of the business. While these are non-cash expenses, they impact the overall profitability and financial health of Aplus. Monitoring these expenses can provide insights into how Aplus manages its assets and investments.
This information is typically found in the financial statements and is essential for assessing the long-term sustainability and profitability of Aplus. Franchisees should review these figures in the context of Aplus's overall financial performance to gain a comprehensive understanding of the company's financial management and investment strategies.