How much did Petro Stopping Center spend on acquisitions of property, plant, and equipment in 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 | 14 | — | — |
| Deferred tax benefit relating to the recognition of previously unrecognized deferred tax assets | 10 | — | 20 |
| Deferred tax expense arising from the write-down of a previously recognized deferred tax asset | 94 | 21 | — |
The US federal capital losses expire in the period 2027-2029.
The US unused tax credits expire in the period 2025-2034.
8. Property, plant and equipment (PP&E)
| | Land and land improvements | Buildings | Oil
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 expenditure on acquisitions of property, plant, and equipment (PP&E) in 2024 totaled $63 million. This figure is derived from the 'Cost - owned PP&E' section of the provided table, specifically the 'Acquisitions' row. The table breaks down the acquisitions across various categories of assets.
The acquisitions include $12 million in land and land improvements and $51 million in oil depots, storage tanks, and service stations. There were no recorded acquisitions for buildings, oil and gas properties, plant machinery and equipment, fittings, fixtures and office equipment, or transportation assets during this period.
For a prospective franchisee, this information provides insight into the capital investments Petro Stopping Center is making in its owned assets. While franchisees typically do not directly participate in these acquisitions, the overall financial health and investment strategy of the parent company can impact the brand's growth and stability. Understanding where Petro Stopping Center is allocating its capital can help franchisees assess the long-term prospects of the franchise system.