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Rosseti Kuban PJSC (MIC:KUBE) Gross Property, Plant and Equipment : ₽136,303 Mil (As of Dec. 2023)


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What is Rosseti Kuban PJSC Gross Property, Plant and Equipment?

Rosseti Kuban PJSC's quarterly gross PPE increased from Jun. 2023 (₽127,098 Mil) to Sep. 2023 (₽131,578 Mil) and increased from Sep. 2023 (₽131,578 Mil) to Dec. 2023 (₽136,303 Mil).

Rosseti Kuban PJSC's annual gross PPE increased from Dec. 2021 (₽108,564 Mil) to Dec. 2022 (₽120,526 Mil) and increased from Dec. 2022 (₽120,526 Mil) to Dec. 2023 (₽136,303 Mil).


Rosseti Kuban PJSC Gross Property, Plant and Equipment Historical Data

The historical data trend for Rosseti Kuban PJSC'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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Rosseti Kuban PJSC Gross Property, Plant and Equipment Chart

Rosseti Kuban PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90,898.22 101,772.15 108,563.59 120,526.02 136,303.23

Rosseti Kuban PJSC Quarterly Data
Mar18 Jun18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 116,746.68 120,526.02 127,098.18 131,577.98 136,303.23

Rosseti Kuban PJSC 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.


Rosseti Kuban PJSC  (MIC:KUBE) 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.


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Rosseti Kuban PJSC Business Description

Industry
Traded in Other Exchanges
N/A
Address
4, Belovezhskaya Street, Moscow, RUS, 121353
Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

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