Planned capital expenditure program


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Planned capital expenditure program

Budgeted or projected outlays for major expenditures on permanent or fixed assets as outlined in the corporate financial plan.

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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Forward-looking information in this document is identified by words such as "intends", "anticipate", "believe", "expect", "plan", "forecast", "target", "projected", "future", "could", "should", "focus", "proposed", "schedule", "potential", "capacity", "may", "strategy" or similar expressions and includes suggestions of future outcomes, including statements about Cenovus's planned capital expenditure program and the use of the proceeds of the Offering.
Rating concerns facing the utility primarily take into the company's pending electric rate case, exposure to the sluggish Michigan economy, particularly in the automotive sector, as well as a large planned capital expenditure program through 2012.
The Company also announces a planned capital expenditure program of up to approximately $14 million dollars for 2006.
The investment of Euro 42 million, which is part of NXP's planned capital expenditure program, will help meet increased demand; NXP sales are predicted to increase to some 550 million sound components in 2007, an annual increase of over 50 percent, and the company aims to create over one billion units by 2010.
Dominion's management has stated its intention to continue the planned capital expenditure program that includes continued investment in higher risk deep-water plays in the Gulf of Mexico.
0x over the next two years even as it issues debt and equity to reduce leverage at DLC and fund the utility's planned capital expenditure program.
Dominion's management has stated its intention to continue the planned capital expenditure program which includes continued investment in higher business-risk deep-water plays in the Gulf of Mexico.
While HOVENSA's present liquidity position is strong, the refinery's planned capital expenditure program (Clean Fuels Program) needed to comply with recently enacted low sulfur gasoline and diesel regulations requires a significant financial commitment over the intermediate term.