Financial Statements

The Toronto-Dominion Bank (TD.TO)

$84.77

-0.08 (-0.09%)
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) 53,84549,49746,14540,489-
Net Income 14,29811,89511,66811,26210,396
Stock Dividends 1,356-2,504-3,159-97234,304
Dividend Paid -5,555-5,043-5,157-4,634-4,211
Retained Earnings 63,94453,84549,49746,14540,489

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 10,1365,5135,3245,313-
Annual Depreciation 1746,3809835985,747
Capital Expenditure -1,129-1,757-794-587-434
Net PPE 9,18110,1365,5135,3245,313

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -16,15616,53616,97617,148
New Purchases -83,617-71,932-76,100-197,272-174,952
Intangible and Goodwill 16,15616,53616,97617,14816,232

The Toronto-Dominion Bank 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 The Toronto-Dominion Bank 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.