Financial Statements

United Airlines Holdings, Inc. (UAL)

$43.07

-0.62 (-1.42%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 6252,6269,7166,668-
Net Income 737-1,964-7,0693,0092,129
Stock Dividends -97-3716,023395,774
Dividend Paid ---16,044--1,235
Retained Earnings 1,2656252,6269,7166,668

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 36,71936,00334,92828,329-
Annual Depreciation 6,4372,8232,84211,12732,506
Capital Expenditure -4,819-2,107-1,767-4,528-4,177
Net PPE 38,33736,71936,00334,92828,329

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -4,5234,5234,5274,527
New Purchases -2,552-2,897-552-68-11,232
Intangible and Goodwill 4,5234,5234,5274,5274,527

United Airlines Holdings, 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 United Airlines Holdings, 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.