Financial Statements

Ambev S.A. (ABEV)

$2.56

+0.05 (+1.99%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -----
Net Income 12,67111,37911,78011,0257,332
Stock Dividends -1,556-4,529-3,909-2,2111,488
Dividend Paid -11,115-6,850-7,871-8,814-8,820
Retained Earnings -----

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 24,76822,57620,09718,822-
Annual Depreciation 12,1336,8857,5494,84622,026
Capital Expenditure -7,677-4,693-5,069-3,571-3,204
Net PPE 29,22424,76822,57620,09718,822

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -31,40234,27635,01040,024
New Purchases -1-25-70-1,783-241
Intangible and Goodwill 31,40234,27635,01040,02442,411

Ambev S.A. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Ambev S.A. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.