What was the cost of owned plant, machinery and equipment for Petro Stopping Center as of January 1, 2024?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ated with investments in subsidiaries and equity-accounted entities | 660 | 661 |
The majority of the unused US state tax losses have no fixed expiry date.
Substantially all of the deductible temporary differences have no expiry date.
| Impact of previously unrecognized deferred tax or write-down of deferred tax assets on tax charge | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current tax benefit relating to the utilization of previously unrecognized deferred tax assets | 71 | 138 | 232 |
| Deferred tax benefit arising from the reversal of a previous write-down of deferred tax assets |
Source: Item 23 — RECEIPTS **RECEIPTS (FDD pages 87–131)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the cost of owned plant, machinery, and equipment as of January 1, 2024, was $27,463 million. This figure represents the initial cost of these assets before accounting for depreciation or any impairment losses. These assets are crucial for the operations of Petro Stopping Center.
For a prospective franchisee, understanding the value of these assets can provide insight into the scale and capital intensity of Petro Stopping Center's operations. It is important to note that this figure represents the aggregate value of such assets across all of Petro Stopping Center's locations and operations, not just a single franchise unit. The actual plant, machinery, and equipment needed for an individual franchise may vary.
This information is part of the broader financial disclosures in the FDD, which aims to provide transparency to potential franchisees. Reviewing these figures in conjunction with other financial statements, such as those detailing depreciation and net book value, can offer a more complete picture of the company's financial health and asset management practices. Franchisees should consider how these assets contribute to the overall revenue generation and profitability of Petro Stopping Center.