Financial Statements

Southern Company (The) 2019 Ser (SOLN)

$56.16

+0.72 (+1.30%)
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) 11,31110,8778,7068,885-
Net Income 2,4083,1344,7542,242880
Stock Dividends -13-15-13410,305
Dividend Paid -2,777-2,685-2,570-2,425-2,300
Retained Earnings 10,92911,31110,8778,7068,885

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 90,39086,05981,86480,896-
Annual Depreciation 10,31211,77211,7508,96988,319
Capital Expenditure -7,240-7,441-7,555-8,001-7,423
Net PPE 93,46290,39086,05981,86480,896

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -6,2685,3155,2805,280
New Purchases -811-1,117-888-877-1,598
Intangible and Goodwill 6,2685,3155,2805,2805,280

Southern Company (The) 2019 Ser 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 Southern Company (The) 2019 Ser 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.