Financial Statements

Meta Platforms, Inc. (META)

$160.68

-8.81 (-5.20%)
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) 77,34555,69241,98133,990-
Net Income 39,37029,14618,48522,11215,934
Stock Dividends -46,954-7,493-4,774-14,12118,056
Dividend Paid -----
Retained Earnings 69,76177,34555,69241,98133,990

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 54,98144,78324,68313,721-
Annual Depreciation 33,55025,31335,20224,87720,454
Capital Expenditure -18,567-15,115-15,102-13,915-6,733
Net PPE 69,96454,98144,78324,68313,721

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -18,22118,30118,71519,050
New Purchases -25,682-14,656-23,910-33,930-30,407
Intangible and Goodwill 18,22118,30118,71519,05019,197

Meta Platforms, Inc. 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 Meta Platforms, Inc. 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.