Financial Statements

Mastercard Incorporated (MA)

$355.1

+5.21 (+1.49%)
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) 38,74733,98427,28322,364-
Net Income 8,6876,4118,1185,8593,915
Stock Dividends -45-43-7210419,391
Dividend Paid -1,741-1,605-1,345-1,044-942
Retained Earnings 45,64838,74733,98427,28322,364

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,9021,828921829-
Annual Depreciation 8197821,6355961,252
Capital Expenditure -814-708-728-504-423
Net PPE 1,9071,9021,828921829

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -3,0352,9044,0214,960
New Purchases -1,859-1,809-858-807-911
Intangible and Goodwill 3,0352,9044,0214,9607,662

Mastercard Incorporated 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 Mastercard Incorporated 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.