Financial Statements

Azure Power Global Limited (AZRE)

$12.21

-1.21 (-9.02%)
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) -8,580-6,311-6,593-5,723-
Net Income -4,206-2,26978-821-1,173
Stock Dividends -0204-49-4,551
Dividend Paid -----
Retained Earnings -12,786-8,580-6,311-6,593-5,723

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 100,42783,44556,58140,943-
Annual Depreciation 31,55335,34652,91835,30456,375
Capital Expenditure -18,919-18,364-26,054-19,666-15,433
Net PPE 113,061100,42783,44556,58140,943

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -12,937-10,484-12,085-32,224-
Intangible and Goodwill -----

Azure Power Global Limited 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 Azure Power Global Limited 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.