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Powszechny Zaklad Ubezpieczen (WAR:PZU) Long-Term Capital Lease Obligation : zł1,582 Mil (As of Sep. 2023)


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What is Powszechny Zaklad Ubezpieczen Long-Term Capital Lease Obligation?

Powszechny Zaklad Ubezpieczen's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł1,582 Mil.

Powszechny Zaklad Ubezpieczen's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (zł1,310 Mil) to Jun. 2023 (zł1,502 Mil) and increased from Jun. 2023 (zł1,502 Mil) to Sep. 2023 (zł1,582 Mil).

Powszechny Zaklad Ubezpieczen's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (zł992 Mil) to Dec. 2022 (zł1,296 Mil) and increased from Dec. 2022 (zł1,296 Mil) to Dec. 2023 (zł1,594 Mil).


Powszechny Zaklad Ubezpieczen Long-Term Capital Lease Obligation Historical Data

The historical data trend for Powszechny Zaklad Ubezpieczen'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.

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Powszechny Zaklad Ubezpieczen Long-Term Capital Lease Obligation Chart

Powszechny Zaklad Ubezpieczen 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 - 1,064.00 992.00 1,296.00 1,594.00

Powszechny Zaklad Ubezpieczen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,296.00 1,310.00 1,502.00 1,582.00 1,594.00

Powszechny Zaklad Ubezpieczen  (WAR:PZU) 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.

Powszechny Zaklad Ubezpieczen Long-Term Capital Lease Obligation Related Terms

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Powszechny Zaklad Ubezpieczen (WAR:PZU) Business Description

Traded in Other Exchanges
Address
Al. Jana Pawla II 24, Warsaw, POL, 00-133
Powszechny Zaklad Ubezpieczen SA is a property and casualty insurance company that operates in the Central and Eastern European region with an emphasis on the Polish market. The company's main strategic objectives include stable financial results, broad growth, and innovation. The vast majority of Powszechny's revenue is generated from gross written premiums, followed by results of its investment activities. The company serves clients through its own agency network along with sales through external agency centers.

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