Financial Statements

CVR Energy, Inc. (CVI)

$40.1

+0.19 (+0.48%)
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) -490-113-226-277-
Net Income 25-256380289234
Stock Dividends -250-390-338
Dividend Paid -241-121-306-238-174
Retained Earnings -956-490-113-226-277

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,2402,3362,4452,572-
Annual Depreciation 28218750-252,690
Capital Expenditure -249-283-159-102-119
Net PPE 2,2732,2402,3362,4452,572

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -41---
New Purchases ----140-
Intangible and Goodwill 41----

CVR Energy, 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 CVR Energy, 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.