Financial Statements

NIKE, Inc. (NKE)

$101.18

-1.02 (-1.00%)
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) -1911,6433,5173,979-
Net Income 5,7272,5394,0291,9334,240
Stock Dividends -719-2,921-4,571-1,152872
Dividend Paid -1,638-1,452-1,332-1,243-1,133
Retained Earnings 3,179-1911,6433,5173,979

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 7,9634,7444,4543,989-
Annual Depreciation 7494,3051,4091,4935,094
Capital Expenditure -695-1,086-1,119-1,028-1,105
Net PPE 8,0177,9634,7444,4543,989

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -139154154223
New Purchases -5,928-4,783-2,937-2,426-9,961
Intangible and Goodwill 139154154223242

NIKE, 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 NIKE, 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.