Financial Statements

Accord Financial Corp. (ACD.TO)

$8.5

0.00 (0.00%)
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) 73757264-
Net Income 1206106
Stock Dividends --00161
Dividend Paid -2-2-3-3-3
Retained Earnings 8373757264

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2211-
Annual Depreciation -0-1211
Capital Expenditure -0-0-0-1-0
Net PPE 12211

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -13141313
New Purchases -----
Intangible and Goodwill 1314131313

Accord Financial Corp. 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 Accord Financial Corp. 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.