Financial Statements

Qurate Retail, Inc. (QRTEA)

$3.63

-0.21 (-5.47%)
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) 3,5224,8915,6759,068-
Net Income 3401,204-4569161,208
Stock Dividends -390-1,322-328-4,3097,860
Dividend Paid -503-1,251---
Retained Earnings 2,9693,5224,8915,6759,068

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,300----
Annual Depreciation 2081,613459275201
Capital Expenditure -431-313-459-275-201
Net PPE 1,0771,300---

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -7,0827,0176,5766,638
New Purchases ---141-119-
Intangible and Goodwill 7,0827,0176,5766,6386,339

Qurate Retail, 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 Qurate Retail, 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.