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First Capital Bank (XZIM:FCA.ZW) Property, Plant and Equipment : ZWL21,057 Mil (As of Dec. 2022)


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What is First Capital Bank Property, Plant and Equipment?

First Capital Bank's quarterly net PPE increased from Dec. 2021 (ZWL12,726 Mil) to Jun. 2022 (ZWL13,652 Mil) and increased from Jun. 2022 (ZWL13,652 Mil) to Dec. 2022 (ZWL21,057 Mil).

First Capital Bank's annual net PPE increased from Dec. 2020 (ZWL2,018 Mil) to Dec. 2021 (ZWL12,726 Mil) and increased from Dec. 2021 (ZWL12,726 Mil) to Dec. 2022 (ZWL21,057 Mil).


First Capital Bank Property, Plant and Equipment Historical Data

The historical data trend for First Capital Bank'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.

First Capital Bank Property, Plant and Equipment Chart

First Capital Bank Annual Data
Trend Dec08 Dec09 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial 200.93 1,371.66 2,018.25 12,726.15 21,056.92

First Capital Bank Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 2,018.25 1,542.03 12,726.15 13,651.95 21,056.92

First Capital Bank 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.


First Capital Bank  (XZIM:FCA.ZW) 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.


First Capital Bank Property, Plant and Equipment Related Terms

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First Capital Bank (XZIM:FCA.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Corner First Street and Jason Moyo Avenue, P.O. Box 1279, Barclay House, Harare, ZWE
First Capital Bank Ltd is a commercial bank. The company's operating segment includes Retail Banking; Corporate Banking; Business Banking and Treasury. It generates maximum revenue from the Corporate banking and Treasury segment. The Corporate banking segment focuses on large corporates, multinationals, and non-governmental organizations. Its product offering includes current accounts, overdrafts, loans, and foreign currency products. The treasury segment focuses on the management of the overall bank operating asset balances and balance sheet structure.

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