Financial Statements

United Airlines Holdings, Inc. (UAL)

$43.55

-0.66 (-1.49%)
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) 2,6269,7166,6684,621-
Net Income -1,964-7,0693,0092,1292,131
Stock Dividends -37-2139-822,490
Dividend Paid -----
Retained Earnings 6252,6269,7166,6684,621

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 36,00334,92828,32926,208-
Annual Depreciation 2,8232,80211,1276,29830,206
Capital Expenditure -2,107-1,727-4,528-4,177-3,998
Net PPE 36,71936,00334,92828,32926,208

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -5,0595,0695,0695,087
New Purchases -3,241-2,552-2,897-552-68
Intangible and Goodwill 5,0595,0695,0695,0874,527

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.