Financial Statements

PPG Industries, Inc. (PPG)

$119.68

-2.99 (-2.44%)
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) 19,46918,90618,13117,141-
Net Income 1,4391,0591,2431,3411,591
Stock Dividends ---10215,984
Dividend Paid -536-496-468-453-434
Retained Earnings 20,37219,46918,90618,13117,141

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 3,9743,7652,8052,824-
Annual Depreciation 7305131,3733923,184
Capital Expenditure -371-304-413-411-360
Net PPE 4,3333,9743,7652,8052,824

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -3,9424,0704,4705,102
New Purchases -35-28-8-5-
Intangible and Goodwill 3,9424,0704,4705,1026,248

PPG Industries, 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 PPG Industries, 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.