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Illovo Sugar (Illovo Sugar) Gross Property, Plant and Equipment : $481 Mil (As of Sep. 2015)


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What is Illovo Sugar Gross Property, Plant and Equipment?

Illovo Sugar's quarterly gross PPE declined from Sep. 2014 ($639 Mil) to Mar. 2015 ($583 Mil) and declined from Mar. 2015 ($583 Mil) to Sep. 2015 ($481 Mil).

Illovo Sugar's annual gross PPE stayed the same from Mar. 2013 ($675 Mil) to Mar. 2014 ($631 Mil) but then declined from Mar. 2014 ($631 Mil) to Mar. 2015 ($583 Mil).


Illovo Sugar Gross Property, Plant and Equipment Historical Data

The historical data trend for Illovo Sugar'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.

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Illovo Sugar Gross Property, Plant and Equipment Chart

Illovo Sugar Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 973.44 700.40 675.48 631.33 582.65

Illovo Sugar Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15
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 666.74 631.33 639.02 582.65 480.70

Illovo Sugar 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.


Illovo Sugar  (OTCPK:ILVOF) 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.


Illovo Sugar Gross Property, Plant and Equipment Related Terms

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Illovo Sugar (Illovo Sugar) Business Description

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Illovo Sugar Limited, together with its subsidiaries, engages in the production and sale of sugar and downstream products in Africa. It offers consumer and industrial sugar, including refined and unrefined sugar, such as white, brown, and specialty sugar.

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