Does Exhibit D include statements of comprehensive income for BPCNA related to Petro Stopping Center?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit D includes BPCNA's audited consolidated balance sheets as of December 31, 2024 and December 31, 2023, and related consolidated statements of profit and loss, comprehensive income, changes in stockholders' equity and cash flows for the years ended December 31, 2024, 2023, and 2022 and the related notes to the consolidated financial statements.
BPCNA guarantees Petro Franchise's performance under the terms and conditions of the Guaranty of Performance attached to this disclosure document as Exhibit H.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 87)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, Exhibit D includes BPCNA's audited consolidated balance sheets as of December 31, 2024, and December 31, 2023. It also contains related consolidated statements of profit and loss, comprehensive income, changes in stockholders' equity, and cash flows for the years ended December 31, 2024, 2023, and 2022. The exhibit further includes related notes to the consolidated financial statements.
This means that prospective Petro Stopping Center franchisees can review BPCNA's financial performance over the past three years, including their comprehensive income, to gain insight into the financial stability and performance of Petro Stopping Center's parent company. This information can be valuable in assessing the overall risk and potential of investing in a Petro Stopping Center franchise.
It is important to note that these are consolidated financial statements for BPCNA, not specific to Petro Stopping Center. While they provide an overview of the parent company's financial health, they may not reflect the individual performance of Petro Stopping Center franchises. Franchisees should also review Exhibit H, which contains BPCNA's guarantee of Petro Franchise's performance.