Financial Statements

TC Energy Corporation (TRP.TO)

$58.78

-0.82 (-1.38%)
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) 5,3673,9552,7731,623-
Net Income 1,9554,6164,1403,7023,157
Stock Dividends -91-58-1,000-823-40
Dividend Paid -3,458-3,146-1,958-1,729-1,494
Retained Earnings 3,7735,3673,9552,7731,623

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 69,77565,48966,50357,277-
Annual Depreciation 6,34512,4217,16819,14064,806
Capital Expenditure -5,924-8,135-8,182-9,914-7,529
Net PPE 70,19669,77565,48966,50357,277

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -13,08414,17812,88712,679
New Purchases -1,681-1,015-602-765-1,210
Intangible and Goodwill 13,08414,17812,88712,67912,582

TC Energy 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 TC Energy 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.