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Scrumptious Confections plc is a United Kingdom confectionery company. Scrumptious Inc. is ...

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Scrumptious Confections plc is a United Kingdom confectionery company. Scrumptious Inc. is ...

Scrumptious Confections plc is a United Kingdom confectionery company. Scrumptious Inc. is forecasting its financial statements for Year 2. Selected financial information for Years 1 and 2 is provided in the table. In Year 2 Scrumptious is planning to invest £53 million in CAPEX and forecasted depreciation is £196 million. What is Property, Plant and Equipment (Net) in Year 2?

Selected Financial Information

Scrumptious Inc. (£ millions)

	Year 1	Year 2
PP&E	£1,904
Depreciation	212	196
CAPEX	45	53

▸ £831

▸ £861

▸ £1,411

▸ £1,441

▸ £1,761

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

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