Financial Statements

Churchill Downs Incorporated (CHDN)

$190.7

+7.21 (+3.93%)
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) 350509474634-
Net Income 249-82138353141
Stock Dividends -266-54-80-489515
Dividend Paid -25-23-22-24-22
Retained Earnings 308350509474634

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,082937758608-
Annual Depreciation 5379343299725
Capital Expenditure -92-234-163-149-117
Net PPE 9951,082937758608

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -318338367367
New Purchases -----
Intangible and Goodwill 318338367367367

Churchill Downs Incorporated 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 Churchill Downs Incorporated 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.