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What was the amount of depreciation and amortization for C12 Group in 2021?

C12_Group Franchise · 2025 FDD

Answer from 2025 FDD Document

pital - End of Year | $ 1,843,880 | $ 1,312,531 | The accompanying notes are an integral part of these consolidated financial statements.

Consolidated Statements of Cash Flows Years Ended December 31, 2022 and 2021

2022 2021
Cash Flows From Operating

Source: Item 22 — CONTRACTS (FDD page 46)

What This Means (2025 FDD)

According to C12 Group's 2025 Franchise Disclosure Document, the depreciation and amortization expenses for 2021 were $57,769. This figure reflects the accounting method of allocating the cost of tangible assets (depreciation) and intangible assets (amortization) over their useful lives.

For a prospective C12 Group franchisee, understanding depreciation and amortization is crucial for assessing the company's financial health and profitability. These non-cash expenses can significantly impact net income, and tracking them helps in evaluating the efficiency of asset utilization. While franchisees don't directly deal with these expenses at the corporate level, they provide insight into how C12 Group manages its assets and investments.

It's important to note that depreciation and amortization are accounting estimates and can be influenced by factors such as the choice of depreciation method (e.g., straight-line, accelerated) and the estimated useful lives of assets. Therefore, analyzing these figures in conjunction with other financial metrics and industry benchmarks is advisable to gain a comprehensive understanding of C12 Group's financial performance. Franchisees may want to inquire about the specific accounting policies used by C12 Group to calculate these expenses to better understand their implications.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.