Financial Statements

Enbridge Inc. (ENB)

$41.78

+0.98 (+2.40%)
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) -9,995-6,314-5,538-2,468-
Net Income 6,1893,3635,7052,8822,859
Stock Dividends -50-104-125-2,108-2,247
Dividend Paid -7,133-6,940-6,356-3,844-3,080
Retained Earnings -10,989-9,995-6,314-5,538-2,468

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 94,57193,72394,54090,711-
Annual Depreciation 13,5896,4684,87511,17599,575
Capital Expenditure -8,093-5,620-5,692-7,346-8,864
Net PPE 100,06794,57193,72394,54090,711

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -34,45734,45933,15332,700
New Purchases -4,190-1,312-1,159-487-640
Intangible and Goodwill 34,45734,45933,15332,70032,775

Enbridge 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 Enbridge 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.