What was the total amount of 'other' provisions for Petro Stopping Center at December 31, 2024?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| At December 31, 2024 | Measured at amortized cost | Mandatorily measured at fair value through profit or loss | Total carrying amount | |
|---|---|---|---|---|
| Financial assets | ||||
| Other investments | 14 | — | 29 | 29 |
Source: Item 14 — Other investments (FDD pages 131–208)
What This Means (2025 FDD)
According to Petro Stopping Center's 2025 Franchise Disclosure Document, the total carrying amount for other investments at December 31, 2024, was $29. This amount is broken down into two categories: those measured at amortized cost and those mandatorily measured at fair value through profit or loss.
Specifically, the amount measured at amortized cost for other investments was zero, while the amount mandatorily measured at fair value through profit or loss was $29. The sum of these two amounts results in the total carrying amount of $29 for other investments.
Prospective franchisees should note that these figures reflect Petro Stopping Center's financial position at a specific point in time and can fluctuate. Understanding the valuation methods (amortized cost versus fair value) is important for assessing the risk and potential return associated with these investments. Franchisees may want to inquire about the nature of these 'other investments' to fully understand their implications.