Financial Statements

The Timken Company (TKR)

$60.02

+1.36 (+2.32%)
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) 1,3391,9071,6301,408-
Net Income 369292362303203
Stock Dividends 1-773-51,288
Dividend Paid -92-87-85-86-83
Retained Earnings 1,6161,3391,9071,6301,408

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,0351,103912864-
Annual Depreciation 28853332161969
Capital Expenditure -148-122-141-113-105
Net PPE 1,1741,0351,103912864

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -5129619941,047
New Purchases ---4-9-18
Intangible and Goodwill 5129619941,0471,023

The Timken Company 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 Timken Company 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.