Financial Statements

Polaris Infrastructure Inc. (PIF.TO)

$19.89

-0.06 (-0.30%)
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) -390-409-419-422-
Net Income 12914122
Stock Dividends --5--416
Dividend Paid -11-9-9-9-8
Retained Earnings -401-390-409-419-422

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 371369383347-
Annual Depreciation -893346376
Capital Expenditure -8-7-48-10-28
Net PPE 354371369383347

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

Polaris Infrastructure 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 Polaris Infrastructure 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.