Financial Statements

The Bank of Nova Scotia (BNS.TO)

$64.26

+0.37 (+0.58%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) 53,76151,35446,34544,439-
Net Income 6,9919,6569,6246,7788,390
Stock Dividends 416-2,131-11-31340,491
Dividend Paid -5,422-5,118-4,604-4,559-4,442
Retained Earnings 55,74653,76151,35446,34544,439

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 5,7005,6215,8972,669-
Annual Depreciation 3846501863,9992,855
Capital Expenditure -442-571-462-771-186
Net PPE 5,6425,7005,6215,8972,669

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -9,6319,2798,8488,874
New Purchases -89,018-147,629-72,259-97,736-100,919
Intangible and Goodwill 9,6319,2798,8488,8749,181

The Bank of Nova Scotia 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 The Bank of Nova Scotia 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.