Financial Statements

Great-West Lifeco Inc. (GWO.TO)

$33.33

-0.35 (-1.04%)
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) 14,99013,66013,34212,098-
Net Income 3,2623,0762,4923,0942,278
Stock Dividends -1713-482-17911,402
Dividend Paid -1,811-1,759-1,692-1,671-1,582
Retained Earnings 16,42414,99013,66013,34212,098

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,6041,6481,1791,009-
Annual Depreciation -57-441,1084631,276
Capital Expenditure ---639-293-267
Net PPE 1,5471,6041,6481,1791,009

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -6,1796,5486,50510,106
New Purchases -33,546-30,555-27,597-32,227-42,242
Intangible and Goodwill 6,1796,5486,50510,1069,081

Great-West Lifeco 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 Great-West Lifeco 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.