Financial Statements

Bancolombia S.A. (CIB)

$40.39

+1.34 (+3.43%)
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) 3,911,2494,695,0103,906,9456,183,182-
Net Income 4,086,795275,9943,117,3512,658,8642,615,000
Stock Dividends -170,244496,066-1,296,794-4,199,3034,694,391
Dividend Paid -467,217-1,555,821-1,032,492-735,798-1,126,209
Retained Earnings 7,360,5833,911,2494,695,0103,906,9456,183,182

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 6,043,3755,594,9193,424,0973,166,058-
Annual Depreciation 2,938,9421,978,6093,726,2751,272,1324,298,073
Capital Expenditure -2,185,800-1,530,153-1,555,453-1,014,093-1,132,015
Net PPE 6,796,5176,043,3755,594,9193,424,0973,166,058

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -6,095,9596,638,4036,694,3547,011,715
New Purchases -3,428,522-4,321,613-8,786,994-16,277,490-12,617,530
Intangible and Goodwill 6,095,9596,638,4036,694,3547,011,715-

Bancolombia S.A. 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 Bancolombia S.A. 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.