Financial Statements

Corteva, Inc. (CTVA)


+0.16 (+0.26%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018
Retained Earnings (Previous Year) --425-1-
Net Income 1,759681-959-4,991
Stock Dividends -8381321,0467,796
Dividend Paid -397-388-511-2,806
Retained Earnings 524--425-1

PPE Schedule

Year 2021 2020 2019 2018
Gross PPE 4,3964,5464,533-
Annual Depreciation 5063251,1766,034
Capital Expenditure -573-475-1,163-1,501
Net PPE 4,3294,3964,5464,533

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -10,19310,22910,269
New Purchases -1,257-138-995-204
Intangible and Goodwill 10,19310,22910,26910,107

Corteva, 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 Corteva, 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.