Financial Statements

Avnet, Inc. (AVT)


-0.08 (-0.25%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 2,5162,4222,7673,236-
Net Income 692193-31176-156
Stock Dividends -189-14-231-5583,481
Dividend Paid -98-84-84-87-88
Retained Earnings 2,9212,5162,4222,7673,236

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 634681452523-
Annual Depreciation -43430252679
Capital Expenditure -49-50-74-123-156
Net PPE 542634681452523

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -981877774838
New Purchases -----
Intangible and Goodwill 981877774838759

Avnet, 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 Avnet, 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.