Financial Statements

Great Canadian Gaming Corporation (GC.TO)


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Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) 19014514477-
Net Income -822271518476
Stock Dividends -13-181-151-171
Dividend Paid -----
Retained Earnings 9519014514477

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 2,261989665668-
Annual Depreciation 4731,67552150707
Capital Expenditure -309-403-197-53-39
Net PPE 2,4262,261989665668

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -22222314
New Purchases -----
Intangible and Goodwill 2222231414

Great Canadian Gaming 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 Great Canadian Gaming 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.