What was the value of Petro Stopping Center's plant, machinery, and equipment at January 1, 2024?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
ated with investments in subsidiaries and equity-accounted entities | 660 | 661 |
The majority of the unused US state tax losses have no fixed expiry date.
Substantially all of the deductible temporary differences have no expiry date.
| Impact of previously unrecognized deferred tax or write-down of deferred tax assets on tax charge | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current tax benefit relating to the utilization of previously unrecognized deferred tax assets | 71 | 138 | 232 |
| Deferred tax benefit arising from the reversal of a previous write-down of deferred tax assets |
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 cost of their owned property, plant, and equipment related to plant, machinery, and equipment was $27,463 million at January 1, 2024. This figure represents the initial cost of these assets before accounting for depreciation.
For a prospective franchisee, this number provides insight into the scale of investment Petro Stopping Center has in its physical assets. Plant, machinery, and equipment are crucial for the operations of Petro Stopping Center, and understanding their value can help in assessing the company's financial health and operational capabilities.
It's important to note that this value reflects the cost at the beginning of the year and does not account for any acquisitions, additions, disposals, or depreciation that occurred throughout the year. Further analysis of the changes in these assets over time, as detailed in the rest of the table, can provide a more comprehensive understanding of Petro Stopping Center's asset management and investment strategies.