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GXPPL.PFD (Great Plains Energy) Property, Plant and Equipment : $9,130.10 Mil (As of Mar. 2018)


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What is Great Plains Energy Property, Plant and Equipment?

Great Plains Energy's quarterly net PPE increased from Sep. 2017 ($9,029.60 Mil) to Dec. 2017 ($9,124.70 Mil) and increased from Dec. 2017 ($9,124.70 Mil) to Mar. 2018 ($9,130.10 Mil).

Great Plains Energy's annual net PPE increased from Dec. 2015 ($8,662.40 Mil) to Dec. 2016 ($8,956.70 Mil) and increased from Dec. 2016 ($8,956.70 Mil) to Dec. 2017 ($9,124.70 Mil).


Great Plains Energy Property, Plant and Equipment Historical Data

The historical data trend for Great Plains Energy'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.

* Premium members only.

Great Plains Energy Property, Plant and Equipment Chart

Great Plains Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,746.40 8,279.60 8,662.40 8,956.70 9,124.70

Great Plains Energy Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 8,973.50 8,996.80 9,029.60 9,124.70 9,130.10

Great Plains Energy 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.


Great Plains Energy  (OTCPK:GXPPL.PFD) 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.


Great Plains Energy Property, Plant and Equipment Related Terms

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Great Plains Energy Business Description

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Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.

Great Plains Energy Headlines

From GuruFocus

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor 08-20-2010

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor 11-04-2010