Comparing Capital Expenditure for NBG and INVESCO
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As defined by Hitchner, & Mard, (2003), capital expenditure is a cost that is incurred today for future benefits realization. Today’s capital expenditures create a difference in the company’s future status depending on the company’s strategies and resolutions. Capital expenditures are extensive and in most case, they will hold most of the company’s money. At one point in time, companies will invest in plant machinery, buildings, prime property, or any other form of fixed assets. Despite having the stage at which any company will have to incur capital expenditure, these capital expenses will vary depending on the industry the company is operating in, its operations, and the size of the company. Despite being closely related to the capital assets, capital expenses also relate to the maintenance cost of the already acquired assets (Hitchner, & Mard, 2003). The paper will analyze the capital expenditures of INVESCO and National Bank of Greece (NBG) companies by providing the differences and similarities of their capital expenditures. The analysis of the capital expenditure for the two companies will be between 2011 and 2013 financial years.
The National Bank of Greece (NBG)
The NBG is a global financial organization with well-established branches in various countries including the United States of America. NBG offers financial products and services to their clients ranging from those of individuals to those of corporate bodies. NBG is listed among other companies in the New York Security Exchange (NYSE) for offering exceptional financial services and related products to the investors. The company’s long-term investments for the year ended 31 Dec 2011 were $ 111, 194,491 and for the subsequent year (2012) was $ 110,500,000. Between the two years, the company experienced a drop in