Financial Statements

First Horizon Corporation (FHN)

$21.8

-0.06 (-0.27%)
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) 2,2611,7981,5421,160-
Net Income 999845441545166
Stock Dividends -3-143-8-181,081
Dividend Paid -366-239-177-145-86
Retained Earnings 2,8912,2611,7981,5421,160

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 759455494532-
Annual Depreciation -413621010585
Capital Expenditure -53-58-49-48-53
Net PPE 665759455494532

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,3871,4331,4331,511
New Purchases -1,554-473-630-4,740-4,456
Intangible and Goodwill 1,3871,4331,4331,5111,511

First Horizon Corporation 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 First Horizon Corporation 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.