Financial Statements

Canadian Western Bank (CWB.TO)

$26.37

+0.49 (+1.89%)
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) 1,9081,7851,6491,489-
Net Income 357271287264229
Stock Dividends -17-26-38-41,351
Dividend Paid -127-122-113-99-91
Retained Earnings 2,1211,9081,7851,6491,489

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 139635956-
Annual Depreciation 47131534785
Capital Expenditure -56-55-49-44-29
Net PPE 131139635956

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -868585138
New Purchases -5,846-2,892-5,543-12,118-12,389
Intangible and Goodwill 868585138139

Canadian Western Bank 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 Canadian Western Bank 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.