Company: CAPL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028082
Chunk: 134

Company: CrossAmerica Partners LP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1B
Chunk 134
---
 liabilities

    1,139,508

    1,150,931

    Commitments and contingencies (Notes 15 and 16)

    Preferred membership interests

    28,993

    27,744

    Equity:

    Common units— 38,059,702 and 37,983,154 units issued and   outstanding at December 31, 2024 and 2023, respectively

    (61,371
    )

    (2,392
    )

    Accumulated other comprehensive income

    7,595

    5,399

    Total (deficit) equity

    (53,776
    )

    3,007

    Total liabilities and equity
     
    $
    1,114,725

    $
    1,181,682

The accompanying notes are an integral part of these consolidated financial statements.

56

CROSSAMERICA PARTNERS LP

CONSOLIDATED STATEMENTS OF INCOME

(Thousands of Dollars, except unit and per unit amounts)

    For the Year Ended December 31,

    2024

    2023

    2022

    Operating revenues (a)
     
    $
    4,098,288

    $
    4,386,263

    $
    4,967,424

    Cost of sales (b)

    3,699,969

    4,003,995

    4,591,653

    Gross profit

    398,319

    382,268

    375,771

    Operating expenses:

    Operating expenses (c)

    227,986

    194,746

    174,708

    General and administrative expenses

    28,756

    27,031

    25,575

    Depreciation, amortization and accretion expense

    75,983

    77,158

    80,625

    Total operating expenses

    332,725

    298,935

    280,908

    Gain on dispositions and lease terminations, net

    4,966

    4,737

    1,143

    Operating income

    70,560

    88,070

    96,006

    Other income, net

    780

    790