Financial Statements

China Life Insurance Company Limite... (LFC)

$7.21

-0.07 (-0.96%)
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) 183,896170,487133,022139,202-
Net Income 50,92150,26858,28711,39532,253
Stock Dividends -15,463-16,025-15,906-5,885114,113
Dividend Paid -18,089-20,834-4,916-11,690-7,164
Retained Earnings 201,265183,896170,487133,022139,202

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 55,82355,27847,28142,707-
Annual Depreciation 6,5688,01219,41224,12052,326
Capital Expenditure -5,475-7,467-11,415-19,546-9,619
Net PPE 56,91655,82355,27847,28142,707

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -1,016,788-629,539-1,049,949-932,223-1,155,649
Intangible and Goodwill -----

China Life Insurance Company Limited 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 China Life Insurance Company Limited 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.