Capital budget


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Capital budget

Capital Budget

A plan for a company's capital expenditures. Capital expenditures are payments made over a period of more than one year. They are used to acquire assets or improve the useful life of existing assets; an example of a capital expenditure is the funding to construct a factory. Making a capital budget must account for the potential profitability of the plans involved. Calculating the net present value or the internal rate of return are two methods for determining a capital budget.
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For 1993, the company's capital budget was $344 million.
On a geographic basis, approximately $390 million or 38 percent of the capital budget has been earmarked for exploration and development activities in the Austin Chalk business unit, where the Company will continue its active horizontal drilling program.
Wompa said, As you know we will be voting on the capital budget tonight, In light of the huge investment we will be making this year for our water reservoir the items included on this capital budget had to be carefully looked at.
Other elements in the 1995 capital budget include: exploration and development activities in the Southwest, construction of 60 company- owned natural gas vehicle fueling stations, installation of electronic information and communications systems to support the expansion of the Columbia Energy Market Center, construction of liquefaction facilities at Cove Point, Md.
Approximately 70% of our 2014 capital budget will be invested in our heavy oil operations at Peace River and Lloydminster.
The MoF spokesman Ram Sharan Pudashaini stated, The move is aimed at spending the capital budget on time, as per the expenditure plan in each trimester.
The company also announced an increase in its capital budget for 1995.
Mezzia[TM] enables organizations to manage the entire capital spending process, streamlining capital budget creation, requisition processing, purchasing and reconciliation of expenditures.
Two top revenue sources for the capital budget are property taxes imposed on Milwaukee County property owners, except South Milwaukee, and equal charges paid by residents of 10 municipalities outside the county served by the regional district.
The 1995 capital budget and 1994 expected spending levels by business segment are: exploration and production, $169.
The proceeds of the Offering are expected to be used by the Corporation to fund a portion of the Corporation's increased 2012 organic capital budget of $166 million, to fund the recent expansion of the Corporation's processing, recovery and disposal business into North Dakota and for working capital and general corporate purposes.
In 1994, the capital budget for development is $10.

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