Financial Statements

Microsoft Corporation (MSFT)

$410.34

-1.31 (-0.32%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) 84,28157,05534,56624,150-
Net Income 72,36172,73861,27144,28139,240
Stock Dividends -17,994-27,377-22,261-18,728-1,279
Dividend Paid -19,800-18,135-16,521-15,137-13,811
Retained Earnings 118,84884,28157,05534,56624,150

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 87,54670,80352,90443,856-
Annual Depreciation 50,54840,62938,52124,48957,781
Capital Expenditure -28,107-23,886-20,622-15,441-13,925
Net PPE 109,98787,54670,80352,90443,856

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -42,02643,35149,71167,524
New Purchases -57,697-77,190-62,924-26,456-37,651
Intangible and Goodwill 42,02643,35149,71167,52467,886

Microsoft 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 Microsoft 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.