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Regal Entertainment Group (Regal Entertainment Group) Gross Property, Plant and Equipment : $3,752 Mil (As of Dec. 2017)


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What is Regal Entertainment Group Gross Property, Plant and Equipment?

Regal Entertainment Group's quarterly gross PPE increased from Jun. 2017 ($3,737 Mil) to Sep. 2017 ($3,767 Mil) but then declined from Sep. 2017 ($3,767 Mil) to Dec. 2017 ($3,752 Mil).

Regal Entertainment Group's annual gross PPE increased from Dec. 2015 ($3,406 Mil) to Dec. 2016 ($3,537 Mil) and increased from Dec. 2016 ($3,537 Mil) to Dec. 2017 ($3,752 Mil).


Regal Entertainment Group Gross Property, Plant and Equipment Historical Data

The historical data trend for Regal Entertainment Group'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.

Regal Entertainment Group Gross Property, Plant and Equipment Chart

Regal Entertainment Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,168.30 3,297.70 3,405.60 3,536.80 3,751.70

Regal Entertainment Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 3,536.80 3,552.20 3,736.50 3,766.60 3,751.70

Regal Entertainment Group 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.


Regal Entertainment Group  (NYSE:RGC) 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.


Regal Entertainment Group Gross Property, Plant and Equipment Related Terms

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Regal Entertainment Group (Regal Entertainment Group) Business Description

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Regal is the largest movie theater circuit in the United States. It operates more than 6,300 screens in 39 states, including 44 of the top 50 designated market areas. Regal generated nearly $3 billion of revenue, approximately 70% of which was from ticket sales, 25% from concessions sales, and the remaining 5% from other streams, such as on-screen advertising and in-lobby video games. Most of Regal's theaters are located in midsize cities and suburban areas of larger cities.
Executives
Amy E Miles director, officer: Chief Executive Officer
David H Keyte director 1615 WYNKOOP STREET, DENVER CO 80902
Lee M Thomas director 133 PEACHTREE ST NE, 41ST FL, ATLANTA GA 30303
Alex Yemenidjian director C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
Bell Thomas D Jr director
Charles E Brymer director 437 MADISON AVENUE, NEW YORK NY 10022
Philip F Anschutz 10 percent owner 2400 ANACONDA TOWER 555 SEVENTEENTH ST, C/O ANSCHUTZ CO STE 2400, DENVER CO 80202
Michael L Campbell director 7132 REGAL LANE, KNOXVILLE TN 37918
Peter B Brandow officer: EVP, General Counsel, Sec. C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Stephen A Kaplan director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Anschutz Co 10 percent owner 555 SEVENTEENTH STREET, SUITE 2400, DENVER CO 80202
Oaktree Capital Management Lp 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Principal Opportunities Fund Ii Lp 10 percent owner
Kurt C Hall other: Former Co-Chairman and Co-CEO C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Michael J Dolan director C/O MATTEL INC, 333 CONTINENTAL BLVD M-1518, EL SEGUNDO CA 90245

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