Financial Statements

Meta Platforms, Inc. (FB)

$ 333.12
-7.94 (-2.33%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) 55,69241,98133,99021,670-
Net Income 29,14618,48522,11215,93410,217
Stock Dividends -7,493-4,774-14,121-3,61411,453
Dividend Paid -----
Retained Earnings 77,34555,69241,98133,99021,670

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 35,32324,68313,7218,591-
Annual Depreciation 34,77325,74224,87711,86313,082
Capital Expenditure -15,115-15,102-13,915-6,733-4,491
Net PPE 54,98135,32324,68313,7218,591

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -18,12218,22118,30118,715
New Purchases -22,341-25,682-14,656-23,910-40,291
Intangible and Goodwill 18,12218,22118,30118,71519,050

Meta Platforms, 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 Meta Platforms, 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.