Financial Statements

Rice Acquisition Corp. (RICE)


+0.20 (+-%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2016 2015
Retained Earnings (Previous Year) -138-
Net Income -270-291
Stock Dividends 7153
Dividend Paid -7-
Retained Earnings -408-138

PPE Schedule

Year 2016 2015
Gross PPE 3,243-
Annual Depreciation 3,7554,489
Capital Expenditure -881-1,246
Net PPE 6,1183,243

Intangible and Goodwill Schedule

Year 2016 2015
Intangible and Goodwill (Previous Year) -39
New Purchases --
Intangible and Goodwill 39879

Rice Acquisition Corp. 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 Rice Acquisition Corp. 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.