GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PKO Bank Polski SA (XPRA:PKO) » Definitions » Property, Plant and Equipment

PKO Bank Polski (XPRA:PKO) Property, Plant and Equipment : Kč37,205 Mil (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is PKO Bank Polski Property, Plant and Equipment?

PKO Bank Polski's quarterly net PPE increased from Jun. 2024 (Kč34,520 Mil) to Sep. 2024 (Kč35,666 Mil) and increased from Sep. 2024 (Kč35,666 Mil) to Dec. 2024 (Kč37,205 Mil).

PKO Bank Polski's annual net PPE increased from Dec. 2022 (Kč29,157 Mil) to Dec. 2023 (Kč33,138 Mil) and increased from Dec. 2023 (Kč33,138 Mil) to Dec. 2024 (Kč37,205 Mil).


PKO Bank Polski Property, Plant and Equipment Historical Data

The historical data trend for PKO Bank Polski'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.

PKO Bank Polski Property, Plant and Equipment Chart

PKO Bank Polski Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,964.72 27,899.05 29,157.28 33,137.52 37,204.96

PKO Bank Polski Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 33,137.52 34,096.76 34,520.32 35,666.43 37,204.96

PKO Bank Polski 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.


PKO Bank Polski  (XPRA:PKO) 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.


PKO Bank Polski Property, Plant and Equipment Related Terms

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


PKO Bank Polski Business Description

Industry
Traded in Other Exchanges
Address
Pulawska Street 15, Warsaw, POL, 02-515
PKO Bank Polski SA is a universal banking group operating predominantly in Poland. Its various products and service offerings include retail deposits, mortgage loans, consumer finance, corporate deposits, corporate loans, and asset management, among others. The majority of its net revenue is net interest income, overwhelmingly derived from customer loans. Along with its subsidiaries, the company operates in three main segments Retail, Corporate and Investment, and Transfer Center and Other. Maximum revenue is generated from the Retail segment, which offers various services to individuals as part of retail, private, and mortgage banking, and to legal entities as part of corporate banking.

PKO Bank Polski Headlines

From GuruFocus

PIMCO Closed-End Funds Declare Common Share Distributions

By GuruFocusNews GuruFocusNews 11-26-2021

PIMCO Closed-End Funds Announce Reorganization Closing Date

By GuruFocusNews GuruFocusNews 11-19-2021