What was the profit (loss) for the year attributable to 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 for the year 2022 was $10,441. This figure represents the overall profit (or loss) for the entire Petro Stopping Center system before considering the allocation to specific shareholders or non-controlling interests. This number is an important indicator of the overall financial health and performance of the Petro Stopping Center business.
Specifically, $9,163 of the $10,441 profit was attributable to BP Corporation North America shareholders. An additional $839 was allocated to preference share dividends, and $439 was attributable to non-controlling interests. These allocations demonstrate how the total profit is distributed among the various stakeholders within the Petro Stopping Center organization.
For a prospective franchisee, understanding these profit figures is crucial for evaluating the potential profitability and financial stability of a Petro Stopping Center franchise. While this number reflects the overall system's performance, it's essential to consider other factors, such as individual location performance, investment costs, and operating expenses, to determine the potential return on investment for a specific franchise location. Franchisees should also investigate the reasons behind fluctuations in profit from year to year to assess any potential risks or opportunities.