GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Malawi PLC (MSW:STANDARD) » Definitions » Gross Property, Plant and Equipment

Standard Bank Malawi (MSW:STANDARD) Gross Property, Plant and Equipment : MWK43,963 Mil (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Standard Bank Malawi Gross Property, Plant and Equipment?

Standard Bank Malawi's quarterly gross PPE declined from Dec. 2022 (MWK33,907 Mil) to Jun. 2023 (MWK24,818 Mil) but then increased from Jun. 2023 (MWK24,818 Mil) to Dec. 2023 (MWK43,963 Mil).

Standard Bank Malawi's annual gross PPE increased from Dec. 2021 (MWK28,571 Mil) to Dec. 2022 (MWK33,907 Mil) and increased from Dec. 2022 (MWK33,907 Mil) to Dec. 2023 (MWK43,963 Mil).


Standard Bank Malawi Gross Property, Plant and Equipment Historical Data

The historical data trend for Standard Bank Malawi'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.

Standard Bank Malawi Gross Property, Plant and Equipment Chart

Standard Bank Malawi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 25,726.00 27,401.00 28,571.00 33,907.00 43,963.00

Standard Bank Malawi Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 28,571.00 18,445.00 33,907.00 24,818.00 43,963.00

Standard Bank Malawi 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.


Standard Bank Malawi  (MSW:STANDARD) 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.


Standard Bank Malawi Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Standard Bank Malawi's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Standard Bank Malawi (MSW:STANDARD) Business Description

Traded in Other Exchanges
N/A
Address
Africa Unity Avenue, P O Box 30380, Standard Bank Centre, Lilongwe, MWI, 3
Standard Bank Malawi PLC provides banking services. Its business operations are divided into three segments Corporate and Investment Banking, Consumer and High Net Worth clients, Business and Commercial clients & Treasury and Capital Management. Services offered by the company include current accounts, savings, deposits, investment savings products, custody, debit cards, consumer loans, mortgages, internet banking, telephone banking, foreign exchange, commodities, debt securities, and equities trading, among others. Its branches are located across Malawi. The Bank offers its services to individual customers and small to medium-sized enterprises.

Standard Bank Malawi (MSW:STANDARD) Headlines

No Headlines