Financial Statements

ClearBridge MLP and Midstream Fund ... (CEM)

$29.8

+0.30 (+1.02%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2019 2018 2017 2016 2015
Retained Earnings (Previous Year) 171-1293792-
Net Income -4248-7818-697
Stock Dividends 54350921900
Dividend Paid -83-98-97-94-111
Retained Earnings 99171-1293792

PPE Schedule

Year 2019 2018 2017 2016 2015
Gross PPE -----
Annual Depreciation -----
Capital Expenditure -----
Net PPE -----

Intangible and Goodwill Schedule

Year 2019 2018 2017 2016 2015
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

ClearBridge MLP and Midstream Fund 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 ClearBridge MLP and Midstream Fund 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.