Financial Statements

DCP Midstream, LP (DCP)

$41.69

+0.03 (+0.07%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) -----
Net Income 1,052391-67917298
Stock Dividends -651-71,144660406
Dividend Paid -401-384-465-677-704
Retained Earnings 0----

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 7,7017,9938,8119,135-
Annual Depreciation 308-184-6581959,730
Capital Expenditure -246-108-160-519-595
Net PPE 7,7637,7017,9938,8119,135

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -231159--
New Purchases -----
Intangible and Goodwill 231159---

DCP Midstream, LP 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 DCP Midstream, LP 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.