Financial Statements

Meredith Corporation (MDP)

$59.07

+0.07 (+0.12%)
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) 198759890916-
Net Income 307-234-3299189
Stock Dividends 2-18863-4819
Dividend Paid --140-162-122-92
Retained Earnings 506198759890916

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 805450484190-
Annual Depreciation -3841013347225
Capital Expenditure -35-55-46-53-35
Net PPE 732805450484190

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -9071,9161,9791,719
New Purchases -----
Intangible and Goodwill 9071,9161,9791,7191,719

Meredith 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 Meredith 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.