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Olav Thon Eiendomsselskap (OSTO:OLTO) Property, Plant and Equipment : kr230 Mil (As of Dec. 2023)


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What is Olav Thon Eiendomsselskap Property, Plant and Equipment?

Olav Thon Eiendomsselskap's quarterly net PPE declined from Jun. 2023 (kr43 Mil) to Sep. 2023 (kr40 Mil) but then increased from Sep. 2023 (kr40 Mil) to Dec. 2023 (kr230 Mil).

Olav Thon Eiendomsselskap's annual net PPE declined from Dec. 2021 (kr245 Mil) to Dec. 2022 (kr230 Mil) but then stayed the same from Dec. 2022 (kr230 Mil) to Dec. 2023 (kr230 Mil).


Olav Thon Eiendomsselskap Property, Plant and Equipment Historical Data

The historical data trend for Olav Thon Eiendomsselskap's 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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Olav Thon Eiendomsselskap Property, Plant and Equipment Chart

Olav Thon Eiendomsselskap Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 639.00 604.00 245.00 230.00 230.00

Olav Thon Eiendomsselskap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 230.00 46.00 43.00 40.00 230.00

Olav Thon Eiendomsselskap Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed 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.


Olav Thon Eiendomsselskap  (OSTO:OLTO) 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.


Olav Thon Eiendomsselskap Property, Plant and Equipment Related Terms

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Olav Thon Eiendomsselskap (OSTO:OLTO) Business Description

Traded in Other Exchanges
Address
Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105
Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

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