Financial Statements

1st Source Corporation (SRCE)

$43.49

-0.92 (-2.07%)
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) 514463399340-
Net Income 11981928268
Stock Dividends 2-112292
Dividend Paid -31-30-29-26-20
Retained Earnings 604514463399340

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 114164187194-
Annual Depreciation -16-47-1217246
Capital Expenditure -3-3-11-24-51
Net PPE 95114164187194

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -84848484
New Purchases -473-258-351-597-1,146
Intangible and Goodwill 8484848484

1st Source Corporation 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 1st Source Corporation 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.