Financial Statements

Genesis Land Development Corp. (GDC.TO)

$2.23

+0.04 (+1.83%)
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) 134140139147-
Net Income 1102417
Stock Dividends 6-6-0-2150
Dividend Paid -6---10-20
Retained Earnings 145134140139147

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 8101-
Annual Depreciation 28001
Capital Expenditure -1-1-0-0-0
Net PPE 98101

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

Genesis Land Development 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 Genesis Land Development 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.