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Amlin (APLCY) Gross Property, Plant and Equipment : $91 Mil (As of Jun. 2015)


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What is Amlin Gross Property, Plant and Equipment?

Amlin's quarterly gross PPE increased from Jun. 2014 ($43 Mil) to Dec. 2014 ($137 Mil) but then declined from Dec. 2014 ($137 Mil) to Jun. 2015 ($91 Mil).

Amlin's annual gross PPE increased from Dec. 2012 ($102 Mil) to Dec. 2013 ($118 Mil) and increased from Dec. 2013 ($118 Mil) to Dec. 2014 ($137 Mil).


Amlin Gross Property, Plant and Equipment Historical Data

The historical data trend for Amlin's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amlin Gross Property, Plant and Equipment Chart

Amlin Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.54 90.65 101.78 118.20 137.09

Amlin Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.94 118.20 42.98 137.09 90.81

Amlin Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Amlin  (OTCPK:APLCY) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Amlin Gross Property, Plant and Equipment Related Terms

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Amlin (APLCY) Business Description

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Amlin PLC was incorporated on September 17, 1993. The Company is engaged in non-life insurance and reinsurance underwriting in the Lloyd's market, Bermuda and Continental Europe. It specialises in providing insurance cover to commercial enterprises and reinsurance protection to other insurance companies around the world. The group operates six segments through: Amlin London, consisting of the Reinsurance, Property & Casualty, Marine and Aviation business units, underwritten via Syndicate 2001; Amlin UK, underwriting commercial insurance in the UK domestic market, via Syndicate 2001 and Amlin Insurance (UK) Limited; Amlin Bermuda, which writes predominantly property reinsurance business, via Amlin AG, including reinsurance ceded by Syndicate 2001; Amlin Re Europe, which writes Continental European non-life reinsurance business, via Amlin AG; Amlin Europe, including Amlin Europe N.V., a provider of marine, corporate property and casualty insurance in the Netherlands and Belgium and specialty business in France; and Other corporate companies, comprising all other entities of the Group including holding companies.

Amlin (APLCY) Headlines

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