Financial Statements

Pinnacle West Capital Corporation (PNW)

$78.72

+0.40 (+0.51%)
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) 3,0252,8382,6412,443-
Net Income 619551538511488
Stock Dividends -10-12-12-32,244
Dividend Paid -369-351-330-309-290
Retained Earnings 3,2653,0252,8382,6412,443

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 15,38214,37813,76713,188-
Annual Depreciation 2,6962,3311,8031,75714,597
Capital Expenditure -1,473-1,327-1,191-1,178-1,409
Net PPE 16,60415,38214,37813,76713,188

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -545-672-722-823-1,725
Intangible and Goodwill -----

Pinnacle West Capital 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 Pinnacle West Capital 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.