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