Financial Statements

TerraVest Industries Inc. (TVK.TO)


-0.73 (-2.87%)
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) -59-77-93-103-
Net Income 372722179
Stock Dividends 0-2-00-105
Dividend Paid -7-7-7-7-7
Retained Earnings -30-59-77-93-103

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 109746156-
Annual Depreciation 2445311666
Capital Expenditure -19-11-18-12-10
Net PPE 114109746156

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -9111713
New Purchases -----
Intangible and Goodwill 911171330

TerraVest Industries 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 TerraVest Industries 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.