Financial Statements

Thales S.A. (HO.PA)

116.3 €

+2.50 (+2.20%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) -1,333886377-
Net Income 4831,122982822946
Stock Dividends -398-1,992-15237-273
Dividend Paid -85-463-382-349-297
Retained Earnings --1,333886377

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 3,8301,8091,8191,799-
Annual Depreciation 1352,5253834592,279
Capital Expenditure -395-503-393-439-480
Net PPE 3,5703,8301,8091,8191,799

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -3,4243,4473,4455,982
New Purchases -262----
Intangible and Goodwill 3,4243,4473,4455,9826,034

Thales 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 Thales 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.