Financial Statements

Steelcase Inc. (SCS)

$11.945

+0.05 (+0.38%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2020 2019 2018 2017
Retained Earnings (Previous Year) -881819817-
Net Income 420012681-
Stock Dividends 960---18817
Dividend Paid -63-69-64-61-
Retained Earnings 9011,011881819817

PPE Schedule

Year 2022 2020 2019 2018 2017
Gross PPE -456435408-
Annual Depreciation 663282102115408
Capital Expenditure -61-73-81-88-
Net PPE 603664456435408

Intangible and Goodwill Schedule

Year 2022 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -107138241-
New Purchases --52---
Intangible and Goodwill 107138241234243

Steelcase 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 Steelcase 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.