How much interest did Petro Stopping Center receive in 2023?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Interest and other income | |||
| Interest income from | |||
| Financial assets measured at amortized cost | 2,732 | 2,623 | 1,185 |
| Financial assets measured at fair value through profit or loss | — | 1 | — |
| Other income | 145 | 206 | 694 |
| 2,877 | 2,830 | 1,879 |
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 company's interest income from financial assets measured at amortized cost was $2,623 million in 2023. Additionally, the interest income from financial assets measured at fair value through profit or loss was $1 million in 2023.
Interest receivable is also listed in the cash flow statements. Petro Stopping Center had interest receivable of $(2,624) million and interest received of $2,613 million in 2023.
These figures reflect the interest Petro Stopping Center earned from its financial assets and the cash flow related to interest transactions during that year. A prospective franchisee should note that these figures represent income at the corporate level and are not directly indicative of the financial performance of an individual franchise location.