Financial Statements

News Corporation (NWS)


+0.11 (+0.68%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) -2,911-3,241-1,979-2,163-
Net Income 623330-1,269155-1,514
Stock Dividends 170163165190-491
Dividend Paid -175-163-158-161-158
Retained Earnings -2,293-2,911-3,241-1,979-2,163

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 3,307----
Annual Depreciation 1863,697438572364
Capital Expenditure -499-390-438-572-364
Net PPE 2,9943,307---

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -5,2185,1473,9514,653
New Purchases -33-34--13-
Intangible and Goodwill 5,2185,1473,9514,6535,169

News 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 News 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.