What was the share capital for Petro Stopping Center at January 1, 2024?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| At January 1, 2024 | 1 |
|---|
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, the share capital at January 1, 2024, was 1. This figure is part of a larger table detailing various financial components related to BP Corporation North America shareholders' equity. The table also includes figures for share premium account, other reserves, profit and loss account, total equity, and non-controlling interests.
For a prospective franchisee, this information provides a snapshot of the company's equity structure at the beginning of 2024. While the share capital itself is a small number, it's important to consider it in the context of the other financial figures provided, such as the share premium account (43,288) and the profit and loss account (-11,173), to get a more comprehensive understanding of the company's financial position.
It is important to note that this data reflects the financial status at a specific point in time and does not necessarily indicate future performance. Reviewing these figures in conjunction with other financial statements and information provided in the FDD can help potential franchisees assess the financial health and stability of Petro Stopping Center.