Financial Statements

Galp Energia, SGPS, S.A. (GALP.LS)

10.865 €

+0.10 (+0.93%)
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) 1,2812,1531,8321,202-
Net Income 4-551389741614
Stock Dividends 26775554011,079
Dividend Paid -498-398-623-512-491
Retained Earnings 8131,2812,1531,8321,202

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 5,8808,0045,3345,554-
Annual Depreciation 1,148-1,4753,7818906,345
Capital Expenditure -779-649-1,111-1,110-791
Net PPE 6,2495,8808,0045,3345,554

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -94858585
New Purchases --90-63-356-104
Intangible and Goodwill 9485858585

Galp Energia, SGPS, S.A. 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 Galp Energia, SGPS, S.A. 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.