Financial Statements

Woori Financial Group Inc. (WF)

$34.36

+0.59 (+1.75%)
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) 19,268,26518,524,51517,124,65715,620,006-
Net Income 2,587,9361,307,2661,872,2072,033,1821,512,148
Stock Dividends -95,280-57,929-34,723-191,89514,444,494
Dividend Paid -368,357-505,587-437,626-336,636-336,636
Retained Earnings 21,392,56419,268,26518,524,51517,124,65715,620,006

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 4,403,3733,364,7162,450,4922,477,545-
Annual Depreciation 812,3711,302,8521,470,113267,6822,835,719
Capital Expenditure -258,137-264,195-555,889-294,735-358,174
Net PPE 4,957,6074,403,3733,364,7162,450,4922,477,545

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -108,707153,602350,682334,290
New Purchases -31,352,314-41,268,708-42,079,866-34,058,632-49,199,359
Intangible and Goodwill 108,707153,602350,682334,290345,449

Woori Financial Group 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 Woori Financial Group 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.