What was the profit or loss before taxation for Petro Stopping Center in 2022?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| Note | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales and other operating revenues | 4 | 79,377 | 83,612 | 92,710 |
| Earnings from joint ventures and associates - after interest and tax | 12,13 | 206 | (1,062) | (111) |
| Interest and other income | 5 | 2,877 | 2,830 | 1,879 |
| Gains on sale of businesses and fixed assets | 3 | 471 | 191 | 116 |
| Total revenues and other income | 82,931 | 85,571 | 94,594 | |
| Purchases | 15 | 47,509 | 49,135 | 54,170 |
| Production and manufacturing expenses | 13,302 | 13,059 | 14,659 | |
| Production and similar taxes | 397 | 365 | 707 | |
| Depreciation, depletion and amortization | 8,593 | 7,391 | 5,622 | |
| Net impairment and losses on sale of businesses and fixed assets | 3 | 518 | 1,636 | (356) |
| Exploration expense | 6 | 481 | 358 | 156 |
| Distribution and administration expenses | 4,730 | 4,999 | 2,862 | |
| Profit (loss) before interest and taxation | 7,401 | 8,628 | 16,774 | |
| Finance costs | 5 | 3,338 | 2,516 | 1,715 |
| Net finance expense relating to pensions and other post-employment benefits | 19 | 19 | 25 | 29 |
| Profit (loss) before taxation | 4,044 | 6,087 | 15,030 | |
| Taxation | 7 | 773 | 1,128 | 4,589 |
| Profit (loss) for the year | 3,271 | 4,959 | 10,441 | |
| Attributable to | ||||
| BP Corporation North America shareholders | 26 | 2,453 | 4,331 | 9,163 |
| Preference share dividends | 26 | 839 | 839 | 839 |
| Non-controlling interests | 26 | (21) | (211) | 439 |
| 3,271 | 4,959 | 10,441 |
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 profit (loss) before taxation in 2022 was $15,030. This data is part of a larger table presenting the company's receipts for 2022, 2023, and 2024. The table also includes figures for profit or loss before interest and taxation, finance costs, taxation, and profit or loss for the year.
Specifically, the profit (loss) before taxation reflects the earnings before accounting for interest expenses and income taxes. For a prospective franchisee, this figure offers insight into the overall financial performance of Petro Stopping Center before these deductions. It is important to consider this number in conjunction with other financial data provided in the FDD to gain a comprehensive understanding of the company's financial health.
It is also important to note that while the FDD provides this historical financial data, past performance is not necessarily indicative of future results. Prospective franchisees should conduct their own independent financial analysis and consult with financial advisors to assess the potential profitability of a Petro Stopping Center franchise.