Financial Statements

KAR Auction Services, Inc. (KAR)

$16.25

+0.59 (+3.77%)
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) 601651392257-
Net Income 671189328362
Stock Dividends --2235-470
Dividend Paid --49-164-188-175
Retained Earnings 667601651392257

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 941973976908-
Annual Depreciation 73691592661,060
Capital Expenditure -109-101-162-198-152
Net PPE 905941973976908

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,1922,2141,8222,140
New Purchases -----23
Intangible and Goodwill 2,1922,2141,8222,1402,578

KAR Auction Services, 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 KAR Auction Services, 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.