Financial Statements

IGM Financial Inc. (IGM.TO)

$35.53

-0.40 (-1.11%)
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) 3,2072,9802,8413,101-
Net Income 979764749776611
Stock Dividends 208-1-66-4863,040
Dividend Paid -537-536-543-551-550
Retained Earnings 3,8573,2072,9802,8413,101

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 330217139150-
Annual Depreciation 7222116144201
Capital Expenditure -86-108-83-56-50
Net PPE 316330217139150

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,6602,6602,6602,803
New Purchases -182-154-119-33-132
Intangible and Goodwill 2,6602,6602,6602,8032,802

IGM Financial 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 IGM Financial 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.