Financial Statements

Element Fleet Management Corp. (EFN.TO)


-0.12 (-0.63%)
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) -64-218-175249-
Net Income 35628798-199155
Stock Dividends -171-31-29-67230
Dividend Paid -144-102-111-158-136
Retained Earnings -23-64-218-175249

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,2702,2432,1951,667-
Annual Depreciation 208127965741,725
Capital Expenditure -86-100-49-46-58
Net PPE 2,3912,2702,2432,1951,667

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,2091,3021,2461,223
New Purchases -19-16---
Intangible and Goodwill 1,2091,3021,2461,2231,221

Element Fleet Management Corp. 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 Element Fleet Management Corp. 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.