Financial Statements

Mercury General Corporation (MCY)

$47.45

-0.83 (-1.72%)
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) 1,9341,7011,5201,664-
Net Income 248375320-6145
Stock Dividends --2--1,657
Dividend Paid -140-140-139-138-138
Retained Earnings 2,0411,9341,7011,5201,664

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 219214153145-
Annual Depreciation 454610136165
Capital Expenditure -41-40-40-28-19
Net PPE 223219214153145

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -43434343
New Purchases -1,610-1,733-1,909-2,109-2,419
Intangible and Goodwill 4343434343

Mercury General 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 Mercury General 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.