capital budget

(redirected from Capital Expenditure Budget)
Also found in: Financial.

capital budget

The monies that an enterprise allocates for the purchase of fixed and durable goods. In a hospital, the capital budget is used to purchase beds, buildings, equipment, and other items that are not part of its operating costs.
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References in periodicals archive ?
Goodrich said it has a preliminary 2015 capital expenditure budget of USD 150m-USD 200m, and is estimating it has sufficient projected liquidity under current market conditions, borrowing base and capital structure to execute its 2015 capital plan.
More than half of its capital expenditure budget is allocated for residential development, while the rest will go to industrial and commercial projects.
The company has declared a 2012 capital expenditure budget of USD45m to USD49m, which assumes the drilling of around 14 to 15 gross wells.
A major producer in the Fayetteville Shale Play has announced it will further reduce its capital expenditure budget.
The trust said it had funded the project from its capital expenditure budget, which it claimed will not add to its projected pounds 5 million operating deficit.
The Anglo-Dutch company, which has been under pressure to improve its record in oil exploration, revised its capital expenditure budget from pounds 8.
Funding these projects in 1999 forms the backbone of the largest capital expenditure budget Westcoast has ever planned.
SAN ANTONIO -- Abraxas Petroleum Corporation (NASDAQ: AXAS) today announced its 2012 capital expenditure budget of $70 million, targeting oil and liquids-rich projects across all of its operating areas.
Energy XXI Gulf Coast announced that its Board of Directors has approved a 2018 capital expenditure budget in the range of $145M-$175M, which includes funding of EGC's most active drilling program since 2014, as well as recompletions, facilities improvements, plugging and abandonment expenditures and other capital investments.
According to the report, the group did not include the amount in its $240-million capital expenditure budget for 2017, which is mostly to complete its other ongoing port expansion projects.
The Ayala group has set a larger capital expenditure budget of P185 billion this year primarily to expand its real estate, telecommunications and water units as well as ramp up its emerging businesses in power, industrial technologies, healthcare and education.
Because we achieved last year an all-time net profit of P1 billion, which is the biggest in the last 21 years that the SBMA existed, our Board of Directors approved our capital expenditure budget as presented," said SBMA Chairman and Administrator Roberto Garcia.

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