Financial Statements

Greif, Inc. (GEF-B)

$57.725

+0.82 (+1.45%)
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) 1,5441,5391,4701,361-
Net Income 391109171209119
Stock Dividends -302-01,341
Dividend Paid -106-104-104-100-99
Retained Earnings 1,8261,5441,5391,4701,361

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,6101,418918912-
Annual Depreciation 1233296621551,019
Capital Expenditure -147-137-162-149-106
Net PPE 1,5861,6101,418918912

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -7857761,5181,518
New Purchases ----5-
Intangible and Goodwill 7857761,5181,5181,515

Greif, Inc. 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 Greif, Inc. 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.