Financial Statements

Companhia Energética de Minas Gerai... (CIG)

$2.27

-0.05 (-2.16%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

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

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) --7,9156,362-
Net Income 4,0923,7512,8643,1271,700
Stock Dividends 8,396-2,335-10,181-8735,171
Dividend Paid -2,093-1,416-598-701-509
Retained Earnings 10,395--7,9156,362

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 2,6452,6192,7272,662-
Annual Depreciation 385259651,9923,539
Capital Expenditure -292-233-173-1,927-877
Net PPE 2,7382,6452,6192,7272,662

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -----
New Purchases 30--3,368-51-
Intangible and Goodwill ----1

Companhia Energética de Minas Gerais 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 Companhia Energética de Minas Gerais 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.