What was the net cash provided by operating activities for Petro Stopping Center in 2022?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| Note | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Operating activities | ||||
| Profit (loss) before taxation | 4,044 | 6,087 | 15,030 | |
| Adjustments to reconcile profit before taxation to net cash provided by operating | ||||
| activities | ||||
| Exploration expenditure written off | 6 | 374 | 272 | 69 |
| Depreciation, depletion and amortization | 8,593 | 7,391 | 5,622 | |
| Impairment and (gain) loss on sale of businesses and fixed assets | 3 | 47 | 1,444 | (472) |
| Earnings from joint ventures and associates | (206) | 1,062 | 111 | |
| Dividends received from joint ventures and associates | 232 | 232 | 209 | |
| Interest receivable | (2,733) | (2,624) | (1,185) | |
| Interest received | 2,719 | 2,613 | 1,173 | |
| Finance costs | 5 | 3,338 | 2,516 | 1,715 |
| Interest paid | (2,470) | (1,910) | (1,343) | |
| Net finance expense relating to pensions and other post-employment benefits | 19 | 19 | 25 | 29 |
| Share-based payments | 222 | 258 | 221 | |
| Net operating charge for pensions and other post-employment benefits, less | 19 | 9 | (8) | (64) |
| contributions and benefit payments for unfunded plans | ||||
| Net charge for provisions, less payments | (585) | (2,197) | 762 | |
| Movements in inventories and other current and non-current assets and liabilities | (1,279) | 1,320 | (2,332) | |
| Income taxes paid | (545) | (555) | (878) | |
| Net cash provided by operating activities | 11,779 | 15,926 | 18,667 | |
| Investing activities | ||||
| Expenditure on property, plant and equipment, intangible and other assets | (7,090) | (7,614) | (5,754) | |
| Acquisitions, net of cash acquired | (119) | (766) | (3,503) | |
| Investment in joint ventures and associates | (281) | (779) | (351) | |
| Total cash capital expenditure | (7,490) | (9,159) | (9,608) | |
| Proceeds from disposals of fixed assets | 3 | 378 | 120 | 21 |
| Proceeds from disposals of businesses, net of cash disposed | 3 | 1,603 | 558 | 184 |
| Proceeds from loan repayments | 6 | 8 | 11 | |
| 5,285 | (5,381) | 5,946 | ||
| Net changes in receivables from affiliates | ||||
| Net cash used in investing activities | (218) | (13,854) | (3,446) | |
| Financing activities | ||||
| Lease liability payments | (1,309) | (1,153) | (726) | |
| Proceeds from long-term financing | 8,167 | 5,386 | 1,995 | |
| Repayments of long-term financing |
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 net cash provided by operating activities in 2022 was $18,667 million. This figure represents the cash generated from the company's core business operations during that year, after accounting for all operating expenses and revenues.
For a prospective franchisee, this indicates the overall financial health and stability of Petro Stopping Center. A strong net cash flow from operating activities suggests that the company is effectively managing its resources and generating sufficient cash to cover its operational costs. This can be a positive sign for potential investors, as it demonstrates the company's ability to sustain and grow its business.
However, it's important to consider this figure in the context of other financial metrics and industry trends. While a high net cash flow is generally favorable, it should be analyzed alongside factors such as revenue growth, profitability margins, and capital expenditures to gain a comprehensive understanding of Petro Stopping Center's financial performance. Additionally, franchisees should investigate how these figures translate into the performance and profitability of individual franchise locations.