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 ?
Meralco First Vice President and Head of Networks Ronnie Aperocho said P2.16 billion out of the P8-billion electric capex was spent to address load growth; P2.74 billion for new customer connections; and P2.78 billion for asset renewal.
Let's say we define capex growth as the increase in net fixed assets.
(GADC) will get five percent of the group's capex. GADC holds the exclusive franchise to operate quick service restaurants (QSR) in the Philippines under the McDonald's brand.
Among the capex projects pursued have been the development of the Southwoods 115-kilovolt-34.5kV substation; the construction of the San Jose delivery point's additional 115kV line; and the development of the Calamba 230kV substation.
It further explained that metering alone contributes to an estimated 30 per cent reduction of their Collection Losses adding that; 'Adequate CAPEX and OPEX provisions should be made under the electricity tariff, to ensure comprehensive metering, and legislative effort should be applied to criminalising energy theft and meter bypass and creating electricity special/mobile courts.
Also, go-ahead has also been provided for capex of Rs400 million linked to related civil works needed for the projects under both phases.
However, CapEx plans need to be ramped up significantly to build capacities for the anticipated level of passenger traffic, and apart from expediting execution, identifying funding sources would be important for the sector.
CAPEX is forecast to decline at a faster pace than revenues over next three years.
However, following an ongoing review in response to the lower oil prices and commodity market's soft conditions, the capex has significantly shrunk to approximately $3bn.
According to BoA Merrill Lynch, in the GCC, Oman's government capex spending faces the highest risk, due to an elevated fiscal break even oil price, low savings, and large share of on-budget capex in total government spending and total investments.
For that year, the spending was raised to $29bn, up by 2.3bn from its 2011 capex plan.
Chidambaram also discussed capital expenditure ( capex) plans of the PSUs with the objective of promoting investment and growth in the economy.