Financial Statements

Innergex Renewable Energy Inc. (INE.TO)

$17.46

+0.11 (+0.63%)
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) -880-749-651-601-
Net Income -33-28333036
Stock Dividends 1,031-6-49-8-567
Dividend Paid -119-97-82-72-70
Retained Earnings --880-749-651-601

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 4,6204,4833,1882,700-
Annual Depreciation 9529851,4806243,051
Capital Expenditure -519-848-186-136-351
Net PPE 5,0534,6204,4833,1882,700

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -83911061
New Purchases -----
Intangible and Goodwill 8391106176

Innergex Renewable Energy 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 Innergex Renewable Energy 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.