Financial Statements

Grupo Financiero Galicia S.A. (GGAL)


+0.02 (+0.21%)
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) -102,255-57,261-14,946--
Net Income 29,43025,19223,708-3,4668,329
Stock Dividends 74,751-68,149-63,363-9,863-8,089
Dividend Paid -1,926-2,036-2,661-1,617-240
Retained Earnings --102,255-57,261-14,946-

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 43,73132,96419,3634,855-
Annual Depreciation 28,40817,89121,49918,1965,785
Capital Expenditure -9,943-7,124-7,897-3,688-930
Net PPE 62,19643,73132,96419,3634,855

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases --770--102-
Intangible and Goodwill -----

Grupo Financiero Galicia 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 Grupo Financiero Galicia 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.