Financial Statements

ChoiceOne Financial Services, Inc. (COFS)


+0.22 (+1.12%)
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) 37282726-
Net Income 2216776
Stock Dividends --0-422
Dividend Paid -7-6-6-3-2
Retained Earnings 5237282726

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 29241613-
Annual Depreciation 379715
Capital Expenditure -3-2-1-4-2
Net PPE 3029241613

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -14145361
New Purchases -56-31-210-376-638
Intangible and Goodwill 1414536160

ChoiceOne Financial Services, Inc. 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 ChoiceOne Financial Services, Inc. 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.