Financial Statements

Gerdau S.A. (GGB)


+0.03 (+0.66%)
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) 7,2925,6454,8063,315-
Net Income 15,4942,3661,2042,304-359
Stock Dividends 391-443119-2143,761
Dividend Paid -5,339-275-484-599-86
Retained Earnings 17,8387,2925,6454,8063,315

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 18,06816,67915,54616,444-
Annual Depreciation 4,7283,1942,97936517,355
Capital Expenditure -3,192-1,805-1,847-1,262-911
Net PPE 19,60418,06816,67915,54616,444

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -7,8919,1129,46912,104
New Purchases -----
Intangible and Goodwill 7,8919,1129,46912,10412,428

Gerdau 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 Gerdau 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.