2006-11-04 05:05:55 · 1 answers · asked by sheetal p 1 in Education & Reference ➔ Homework Help
Yes, they own property. The below is taken from the company's 10K report dated FY ending 10/31/2005, filed 3/2006
ITEM 2. PROPERTIES
The Company has corporate, subsidiary, regional, branch or district offices in over 240 locations throughout the United States and in British Columbia, Canada. Thirteen of these facilities are owned by the Company. At October 31, 2005, the real estate owned by the Company had an aggregate net book value of $2.7 million and was located in: Phoenix, Arizona; Fresno, California; Jacksonville and Tampa, Florida; Portland, Oregon; Houston and San Antonio, Texas; and Kennewick, Seattle, Spokane and Tacoma, Washington.
Rental payments under long and short-term lease agreements amounted to $97.3 million for the fiscal year ended October 31, 2005. Of this amount, $63.7 million in rental expense was attributable to public parking lots and garages leased and operated by Parking. The remaining expense was for the rental or lease of office space, computers, operating equipment and motor vehicles.
2006-11-04 05:20:01 · answer #1 · answered by HCCLIB 6 · 0⤊ 0⤋