Financial Statements

GVIC Communications Corp. (GCT.TO)

$0.35

+0.01 (+2.94%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2019 2018 2017 2016 2015
Retained Earnings (Previous Year) -106-105-104-108-
Net Income 350-21-159
Stock Dividends 0-11257
Dividend Paid -----5
Retained Earnings -71-106-105-104-108

PPE Schedule

Year 2019 2018 2017 2016 2015
Gross PPE 28283234-
Annual Depreciation 2472240
Capital Expenditure -10-8-5-4-5
Net PPE 4228283234

Intangible and Goodwill Schedule

Year 2019 2018 2017 2016 2015
Intangible and Goodwill (Previous Year) -40383336
New Purchases --0---
Intangible and Goodwill 4038333638

GVIC Communications Corp. 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 GVIC Communications Corp. 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.