Financial Statements

Erie Indemnity Company (ERIE)

$163.46

+1.15 (+0.71%)
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) 2,3942,3782,2312,141-
Net Income 298293317288197
Stock Dividends -3-4-3-412,090
Dividend Paid -193-273-168-156-146
Retained Earnings 2,4952,3942,3782,2312,141

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 26522113183-
Annual Depreciation 25899193104112
Capital Expenditure -149-56-102-56-29
Net PPE 37526522113183

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -391-397-1,025-477-440
Intangible and Goodwill -----

Erie Indemnity Company 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 Erie Indemnity Company 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.