Financial Statements

WPP plc (WPP)

$60.24

+0.93 (+1.57%)
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) 5,0719,0499,5419,201-
Net Income 638-2,9676241,0631,817
Stock Dividends -1,026-889-366258,136
Dividend Paid -315-122-751-747-752
Retained Earnings 4,3675,0719,0499,5419,201

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,2952,6111,083980-
Annual Depreciation 289-421,9224791,306
Capital Expenditure -293-273-394-375-326
Net PPE 2,2922,2952,6111,083980

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -12,95313,20310,1717,389
New Purchases -182-299-161-178-
Intangible and Goodwill 12,95313,20310,1717,3897,612

WPP plc 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 WPP plc 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.