Financial Statements

Cognizant Technology Solutions Corp... (CTSH)

$70.26

+2.88 (+4.27%)
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) 10,68911,02211,48510,544-
Net Income 2,1371,3921,8422,1011,504
Stock Dividends -395-1,245-1,852-6929,305
Dividend Paid -509-480-453-468-265
Retained Earnings 11,92210,68911,02211,48510,544

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,2642,2351,3941,324-
Annual Depreciation 1194271,2334471,608
Capital Expenditure -279-398-392-377-284
Net PPE 2,1042,2642,2351,3941,324

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,7043,4813,9795,031
New Purchases -4,726-3,506-1,509-733-2,293
Intangible and Goodwill 2,7043,4813,9795,0315,620

Cognizant Technology Solutions 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 Cognizant Technology Solutions 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.