Financial Statements

Centene Corporation (CNC)

$84.96

+2.32 (+2.81%)
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) 6,7924,9843,6632,748-
Net Income 1,3471,8081,321900828
Stock Dividends ---151,920
Dividend Paid -----
Retained Earnings 8,1396,7924,9843,6632,748

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 4,0852,1211,7061,104-
Annual Depreciation 2162,8331,1451,2771,526
Capital Expenditure -910-869-730-675-422
Net PPE 3,3914,0852,1211,7061,104

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -4,7497,0156,86318,652
New Purchases -2,704-3,846-2,575-7,402-7,400
Intangible and Goodwill 4,7497,0156,86318,65219,771

Centene Corporation 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 Centene Corporation 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.