Financial Statements

Hardwoods Distribution Inc. (HDI.TO)


-1.01 (-3.09%)
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) 6237268-
Net Income 10329232424
Stock Dividends -121-7-1-12
Dividend Paid -7-6-5-5-4
Retained Earnings 1456237268

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 94881816-
Annual Depreciation 82973518
Capital Expenditure -7-2-3-3-2
Net PPE 16994881816

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -41415661
New Purchases ----6-
Intangible and Goodwill 41415661114

Hardwoods Distribution 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 Hardwoods Distribution 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.