Financial Statements

The Howard Hughes Corporation (HHC)

$73.39

+1.16 (+1.61%)
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) -73-46-120-110-
Net Income 56-267457168
Stock Dividends --0--68-278
Dividend Paid -----0
Retained Earnings -16-73-46-120-110

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 56691617-
Annual Depreciation 3-12723624319
Capital Expenditure -2-2-670-625-302
Net PPE 5756691617

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1---
New Purchases -----
Intangible and Goodwill 1----

The Howard Hughes Corporation 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 The Howard Hughes Corporation 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.