Financial Statements

Canadian Imperial Bank of Commerce (CM.TO)

$69.66

+1.09 (+1.59%)
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) 22,11920,97218,53716,101-
Net Income 6,4293,7905,0965,2674,699
Stock Dividends -106-72-255-72212,827
Dividend Paid -2,649-2,571-2,406-2,109-1,425
Retained Earnings 25,79322,11920,97218,53716,101

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,9971,8131,7951,783-
Annual Depreciation 1,1281,4932902671,783
Capital Expenditure -839-309-272-255-
Net PPE 3,2862,9971,8131,7951,783

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -5,3675,5645,4495,253
New Purchases -37,864-33,011-42,304-54,075-49,896
Intangible and Goodwill 5,3675,5645,4495,2534,954

Canadian Imperial Bank of Commerce 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 Canadian Imperial Bank of Commerce 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.