What was the value of Petro Stopping Center's transportation assets 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 owned property, plant, and equipment related to transportation assets at January 1, 2024, was $1,141 million. This figure represents the initial cost of these assets before accounting for depreciation.
This number is important for prospective franchisees as it provides insight into the scale of assets Petro Stopping Center owns and utilizes in its operations. Understanding the value of these assets can help franchisees assess the financial stability and investment in infrastructure of Petro Stopping Center.
It is important to note that this value represents the 'cost' of the assets, not the net book value (which would account for depreciation). Further analysis of the depreciation figures provided in the table could give a more comprehensive understanding of the assets' current value. Additionally, this figure only includes 'owned' PP&E and does not include right-of-use assets.