Financial Statements

Quebecor Inc. (QBR-B.TO)

$28.27

-0.62 (-2.15%)
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) 211-32-499437-
Net Income 578607653402370
Stock Dividends -230-163-86-1,29092
Dividend Paid -268-201-100-46-25
Retained Earnings 292211-32-499437

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 3,3323,5263,4523,595-
Annual Depreciation 1,3274591,0736084,342
Capital Expenditure -1,448-653-999-750-748
Net PPE 3,2113,3323,5263,4523,595

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,6962,6782,6932,714
New Purchases -44----
Intangible and Goodwill 2,6962,6782,6932,7142,719

Quebecor 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 Quebecor 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.