Financial Statements

Plains All American Pipeline, L.P. (PAA)

$10.1

+0.28 (+2.85%)
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) -----
Net Income 593-2,5902,1712,216856
Stock Dividends -3,443-969-1,184530
Dividend Paid --853-1,202-1,032-1,386
Retained Earnings 593----

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 14,989----
Annual Depreciation 64315,7271,1811,6341,024
Capital Expenditure -336-738-1,181-1,634-1,024
Net PPE 15,29614,989---

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,5662,5212,540-
New Purchases -----
Intangible and Goodwill 2,5662,5212,540--

Plains All American Pipeline, L.P. 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 Plains All American Pipeline, L.P. 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.