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Public Power (FRA:PU8) Long-Term Capital Lease Obligation : €175 Mil (As of Dec. 2023)


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What is Public Power Long-Term Capital Lease Obligation?

Public Power's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €175 Mil.

Public Power's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€143 Mil) to Jun. 2023 (€146 Mil) and increased from Jun. 2023 (€146 Mil) to Dec. 2023 (€175 Mil).

Public Power's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€119 Mil) to Dec. 2022 (€143 Mil) and increased from Dec. 2022 (€143 Mil) to Dec. 2023 (€175 Mil).


Public Power Long-Term Capital Lease Obligation Historical Data

The historical data trend for Public Power's Long-Term Capital Lease Obligation 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.

Public Power Long-Term Capital Lease Obligation Chart

Public Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.37 48.20 119.46 142.84 175.34

Public Power Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation 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 119.46 117.28 142.84 145.64 175.34

Public Power  (FRA:PU8) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Public Power Long-Term Capital Lease Obligation Related Terms

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Public Power (FRA:PU8) Business Description

Traded in Other Exchanges
Address
30, Chalkokondyli Street, Athens, GRC, 104 32
Public Power Corp SA, or PPC, is a public electric utility company of which the Hellenic Republic is the majority shareholder. PPC is engaged in the generation, transmission, and distribution of electric energy. With its subsidiaries, the company operates a portfolio of natural gas, coal, hydroelectric, wind, and solar power plants. PPC's thermal energy generating facilities are responsible for the majority of the company's electricity production. The company generates the vast majority of its revenue from energy sales. These mostly take the form of sales of low-voltage electricity to residential and small commercial consumers. PPC retains a considerable market share in Europe's Interconnected System electric grid.

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