Financial Statements

Sonae, SGPS, S.A. (SON.LS)

1.084 €

-0.01 (-1.19%)
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) 71165222166-
Net Income 26871165222166
Stock Dividends 251087-2180
Dividend Paid -96-175-309-145-80
Retained Earnings 26871165222166

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,7492,7481,6561,651-
Annual Depreciation 1942571,4083161,930
Capital Expenditure -241-256-316-311-279
Net PPE 2,7022,7492,7481,6561,651

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -634779679671
New Purchases -21-232-121-231-216
Intangible and Goodwill 634779679671732

Sonae, SGPS, S.A. 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 Sonae, SGPS, S.A. 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.