Financial Statements

Air Products and Chemicals, Inc. (APD)

$246.18

-5.90 (-2.34%)
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) 14,87614,13813,41012,847-
Net Income 2,0991,8871,7601,4983,000
Stock Dividends -40-46-38-3710,634
Dividend Paid -1,257-1,104-994-898-788
Retained Earnings 15,67814,87614,13813,41012,847

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 12,34210,3389,9248,440-
Annual Depreciation 4,1444,5132,4043,0529,480
Capital Expenditure -2,464-2,509-1,990-1,568-1,040
Net PPE 14,02112,34210,3389,9248,440

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -722789797892
New Purchases -2,693-530-172-2,866-2,101
Intangible and Goodwill 722789797892912

Air Products and Chemicals, Inc. 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 Air Products and Chemicals, Inc. 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.