Financial Statements

AT&T Inc. (T)

$20.28

+0.44 (+2.22%)
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) 37,45757,93658,75350,500-
Net Income 20,081-5,17613,90319,37029,450
Stock Dividends -120-3471682,29333,088
Dividend Paid -15,068-14,956-14,888-13,410-12,038
Retained Earnings 42,35037,45757,93658,75350,500

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 152,029154,167131,473125,222-
Annual Depreciation 14,58213,53742,12927,009145,869
Capital Expenditure -16,527-15,675-19,435-20,758-20,647
Net PPE 150,084152,029154,167131,473125,222

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -105,449146,370146,241135,259
New Purchases --185---
Intangible and Goodwill 105,449146,370146,241135,259133,223

AT&T 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 AT&T 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.