Financial Statements

Laurentian Bank of Canada (LB.TO)

$39.1

+0.11 (+0.28%)
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) 1,1531,1621,1521,036-
Net Income 57114173225206
Stock Dividends 66-16-61-19905
Dividend Paid -81-106-102-89-75
Retained Earnings 1,1951,1531,1621,1521,036

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 209899661-
Annual Depreciation -6216162196163
Capital Expenditure -41-41-69-161-102
Net PPE 106209899661

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -118117117117
New Purchases -4,894-5,126-3,681-3,739-3,473
Intangible and Goodwill 11811711711778

Laurentian Bank of Canada 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 Laurentian Bank of Canada 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.