Financial Statements

Lancaster Colony Corporation (LANC)


-9.55 (-7.30%)
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) 1,4211,3601,2791,207-
Net Income 142137151135115
Stock Dividends ---21,150
Dividend Paid -81-76-70-65-59
Retained Earnings 1,4821,4211,3601,2791,207

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 316247191181-
Annual Depreciation 15915212741208
Capital Expenditure -88-83-71-31-27
Net PPE 387316247191181

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -168168208208
New Purchases -----
Intangible and Goodwill 168168208208208

Lancaster Colony 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 Lancaster Colony 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.