Financial Statements

Bank of Montreal (BMO.TO)

$135.14

+2.37 (+1.79%)
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) 30,74528,72525,85623,709-
Net Income 7,7545,0975,7585,4505,348
Stock Dividends -22-602-137-72120,371
Dividend Paid -2,980-2,475-2,752-2,582-2,010
Retained Earnings 35,49730,74528,72525,85623,709

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 4,8602,9252,9232,033-
Annual Depreciation 9922,9671,1301,7762,824
Capital Expenditure -983-1,032-1,128-886-791
Net PPE 4,8694,8602,9252,9232,033

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -6,2446,3736,3406,535
New Purchases -51,917-46,749-63,496-86,659-49,620
Intangible and Goodwill 6,2446,3736,3406,5355,378

Bank of Montreal 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 Bank of Montreal 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.