ELEMENTS Linked to the Rogers International Commodity Index - Energy Total Return 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 ELEMENTS Linked to the Rogers International Commodity Index - Energy Total Return 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.