CAPEX


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CAPEX

(CAPital EXpenditures) The cost of developing a product or system. OPEX (operating expenditures) are the ongoing costs for running it. For example, the purchase of a printer is the CAPEX, and the annual paper and ink cost is the OPEX. For larger systems, OPEX may also include the cost of human operators and facility expenses such as rent, electricity, heating and air conditioning.
References in periodicals archive ?
The only sizable 2011 surprise came in MEA, where actual revenues and capex were 10 and 7% lower than expected, respectively," Walker said.
If you add to this figure the capex for Sainsbury's, Morrisons, Waitrose and M&S, it totals over [pounds sterling]4bn (over [pounds sterling]4.
No wonder, then, that CapEx management is at the heart of every operator's concerns, especially with regard for LTE build outs.
The two countries combined should contribute over 44% of total offshore capex in the region between 2011 and 2015.
This growth in length and Capex has significant upside potential as many large transcontinental, transnational, and significant domestic pipeline projects, have been 'slipped' beyond the forecast period as a result of project delays, as well as either a lack of available financing or energy demand destruction that have resulted from the global economic downturn.
In developed markets, cyclical industries such as basic materials, manufacturing, parts of TMT, consumer and retail will experience capex growth in the high single or double digits in 2010 whereas more stable industries, such as oil and gas, and utilities will be broadly flat.
Kearney's experience, operators who were successful in enhancing value through cost and CapEx optimization programs have done so by leveraging best practices in four areas; optimized procurement, extraction of group synergies, improved business processes and optimized asset utilization through efficient infrastructure management.
Most of the decrease in Capex will be in the US where, according to Lehman, there would be a decline in spending of less than 1%, compared to earlier estimates of a 7% increase nationally.
CapEx planning should be based on an item-by-item fixed-asset register, not on an arbitrary percentage of gross revenues.
Originally formed as an oil exploration and production company, Capex was transformed into an electric generation company due to its large discoveries of natural gas in 1991, coupled with the liberalization of Argentina's electricity sector.
FSK CEO Oleg Budargin said yesterday that he believes the high capex rates recorded by FSK and MRSK Holding in 2011 should be maintained into 2017, Interfax reported (20 June).
As a consequence, operators must step up to improve the way they manage their biggest investment item: network CapEx