what is this companys free cashflow ? show work for calculations
Based on the information contained in these financial statements, compute free cash flow for this company. Show your work (Show a negative free cash flow with either a sign eg. -15,000 or in parenthesis eg (15.000) Enter amounts in thousands) VF CORPORATION Consolidated Balance Sheets 2016 In this 1.227.8625 944,421 1.197.678 1.569.325 4.2930098 939.650 1.899,693 1.736.959 929 882 1.289.962 1.555.360 284.215 89.176 4,163,136 945.491 1.948.611 1.788.407 583.866 210,031 9.639.542 9.739.2575 ASSETS Current assets Cash and equivalents Accounts roceivable, less allowance for Subtful accounts of 21.131 in 2016 and $23.275 in 2015 faxentes Other current assets Current assets of discontinued operations Total current assets Property, plant and equipment Intangible assets Goodwin Other assets Other assets of discontinued operations Totales LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Short-term borrowing Current portion of long-term dieht Accounts payable Accred liabilities Current liabilities of discontinued operations Total current liabilities Long-term debt Other liabilities Other labilities of discontinued operations Commitments and contingencies Total liabilities Stockholders equity Preferred Stock, pur value Sl: suares wuthorized 25,000,000; no shares outstanding in 2016 and 2015 Common Stock, stated value 0.25 shares authored. 1.200.000.000, 414,012954 shares outstanding in 2016 and 426,614.274 shares outstanding in 2015 Additional paid-in capital Accomulated other comprehensive los Retained carnings Total stockholders' equity Total liabilities and stockholders' equity 26.0295 253.689 6643644 841.00 409,590 3351 680.606 782,148 26DIR 1.941,713 1.401.30 900-256 TOL915 1.785.400 2.039.180 973.786 4.798366 4.254.704 103.503 32333433 (1.841,463) 2.545.455 4940921 9.739.2875 106.654 3.192.675 (1.043.222) 3,125731 52548 9.639.542 See notes to consolidated financial statements LUKUKATRIN 1.3 11.9096355 133.000 Nasir Martynee Toc Cars C 11.357.) 130331 11.30 120. 2. 120 2920 30 L225 Teat Operating stic des Others Incontri 10:02 1992 7130 12 JOLA LU 6911 104 0505 1376 LES 2013035 204 Inces Lowe, See 0,30 36 OT US 1231595 5 30 06) 19 Dec Totul pe care-bank Karni percharted 305 5 10 100 D Total The Cushdiehore 31545 2355 2 VE CORPORATION 5 UNS Other BE du 65 De 15.30 3350 308 S 16 MAT M M 0295 1.17 214 Or Se US sos w LLC T. UD 1720 OD REVO A 30 LOGO MORE 3 331 NG WOW w wit C Ini 2.5 LED LAT ON DAG IN (141 SUIT FEVERES Cash Then the 16 . sou w NE SEE ET35 e fechamed Ne hagin hand 195 C COS Code SES Thes Nh Hng - Ph gia th l ng lut GE Der 2015 and in the whics Sodo VT CORPORATION Cated Statement of Social C 1303 1.746.390 male, Der Net Divideo 011.20 53233000 1.007.500 630) 02.07 TEST 1146 (734,75 144.121 346596 3.5 7210 1634 (70.272 2332 108215 26 ESCITE Defined how people Derivative fram M lance, ember 2014 Nam David Stock Pantaritutery ask Siccompanion GI 1.231.99 (565-275) 2014 09225) 100 2.500 13 Dend benefit 0612 4930 15,753 Talan Tember 2015 ETIC 365 11.04.2013 731 1004105 904 VF CORPORATION Consolidated Statements of Stockholders' Equity Accumulated Common Stock Additional Other Pald-in Comprehensive Retained Shares Amounts Capital Low Earnings to thousands, except share amounts Balance, December 2013 440,310,370 $ 110,078 $ 2,746,590S (211.720) S 3,432,090 Net income 1.047,505 Dividends on Common Stock (478,933) Purchase of treasury stock (12.037.000) (3,009) (724,786) Stock-based compensation, net 4,586,521 1.146 246,596 (44.123) Foreign currency translation and other (463,588) Defined benefit pension plans (99,683) Derivative financial instruments 73.143 Marketable Securities (424) Balance, December 2014 432,859,891 108.215 2.993.186 (702.272) 3.231.753 Net income 1,231,593 Dividends on Common Stock (565,275) Purchase of treasury alock (10,036,100) (2,509) (730,114) Stockwised compensation, net 3,790,483 199,489 (39.226) Forcign currency translation and other (361,228) Delined benefit pension plans 4,939 Derivative financial instruments 15,753 Marketable securities (414) Balance, December 2015 426,614,274 106,654 3.192,675 (1,043,222) 3.128,731 Net income 1,074,106 Dividends on Common Stock (635,994) Purchase of treasury stock (15.932,075) (3,983) (996,485) Stock-based compensation, net 3,330,755 832 140,748 (24.900) Foreign currency translation and other (76,410) Detined benefit pension plans 69.498 Derivative financial instruments 8,671 Balance, December 2016 414,012,9545 103,503 53,333,423 S (1,041.463) S 2.545,458 See notes to consolidated financial statements. IIIIIIIIIIIIIIIIII 948 Based on the information contained in these financial statements, compute free cash flow for this company. Show your work (Show a negative free cash flow with either a sign eg. -15,000 or in parenthesis eg (15.000) Enter amounts in thousands) VF CORPORATION Consolidated Balance Sheets 2016 In this 1.227.8625 944,421 1.197.678 1.569.325 4.2930098 939.650 1.899,693 1.736.959 929 882 1.289.962 1.555.360 284.215 89.176 4,163,136 945.491 1.948.611 1.788.407 583.866 210,031 9.639.542 9.739.2575 ASSETS Current assets Cash and equivalents Accounts roceivable, less allowance for Subtful accounts of 21.131 in 2016 and $23.275 in 2015 faxentes Other current assets Current assets of discontinued operations Total current assets Property, plant and equipment Intangible assets Goodwin Other assets Other assets of discontinued operations Totales LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Short-term borrowing Current portion of long-term dieht Accounts payable Accred liabilities Current liabilities of discontinued operations Total current liabilities Long-term debt Other liabilities Other labilities of discontinued operations Commitments and contingencies Total liabilities Stockholders equity Preferred Stock, pur value Sl: suares wuthorized 25,000,000; no shares outstanding in 2016 and 2015 Common Stock, stated value 0.25 shares authored. 1.200.000.000, 414,012954 shares outstanding in 2016 and 426,614.274 shares outstanding in 2015 Additional paid-in capital Accomulated other comprehensive los Retained carnings Total stockholders' equity Total liabilities and stockholders' equity 26.0295 253.689 6643644 841.00 409,590 3351 680.606 782,148 26DIR 1.941,713 1.401.30 900-256 TOL915 1.785.400 2.039.180 973.786 4.798366 4.254.704 103.503 32333433 (1.841,463) 2.545.455 4940921 9.739.2875 106.654 3.192.675 (1.043.222) 3,125731 52548 9.639.542 See notes to consolidated financial statements LUKUKATRIN 1.3 11.9096355 133.000 Nasir Martynee Toc Cars C 11.357.) 130331 11.30 120. 2. 120 2920 30 L225 Teat Operating stic des Others Incontri 10:02 1992 7130 12 JOLA LU 6911 104 0505 1376 LES 2013035 204 Inces Lowe, See 0,30 36 OT US 1231595 5 30 06) 19 Dec Totul pe care-bank Karni percharted 305 5 10 100 D Total The Cushdiehore 31545 2355 2 VE CORPORATION 5 UNS Other BE du 65 De 15.30 3350 308 S 16 MAT M M 0295 1.17 214 Or Se US sos w LLC T. UD 1720 OD REVO A 30 LOGO MORE 3 331 NG WOW w wit C Ini 2.5 LED LAT ON DAG IN (141 SUIT FEVERES Cash Then the 16 . sou w NE SEE ET35 e fechamed Ne hagin hand 195 C COS Code SES Thes Nh Hng - Ph gia th l ng lut GE Der 2015 and in the whics Sodo VT CORPORATION Cated Statement of Social C 1303 1.746.390 male, Der Net Divideo 011.20 53233000 1.007.500 630) 02.07 TEST 1146 (734,75 144.121 346596 3.5 7210 1634 (70.272 2332 108215 26 ESCITE Defined how people Derivative fram M lance, ember 2014 Nam David Stock Pantaritutery ask Siccompanion GI 1.231.99 (565-275) 2014 09225) 100 2.500 13 Dend benefit 0612 4930 15,753 Talan Tember 2015 ETIC 365 11.04.2013 731 1004105 904 VF CORPORATION Consolidated Statements of Stockholders' Equity Accumulated Common Stock Additional Other Pald-in Comprehensive Retained Shares Amounts Capital Low Earnings to thousands, except share amounts Balance, December 2013 440,310,370 $ 110,078 $ 2,746,590S (211.720) S 3,432,090 Net income 1.047,505 Dividends on Common Stock (478,933) Purchase of treasury stock (12.037.000) (3,009) (724,786) Stock-based compensation, net 4,586,521 1.146 246,596 (44.123) Foreign currency translation and other (463,588) Defined benefit pension plans (99,683) Derivative financial instruments 73.143 Marketable Securities (424) Balance, December 2014 432,859,891 108.215 2.993.186 (702.272) 3.231.753 Net income 1,231,593 Dividends on Common Stock (565,275) Purchase of treasury alock (10,036,100) (2,509) (730,114) Stockwised compensation, net 3,790,483 199,489 (39.226) Forcign currency translation and other (361,228) Delined benefit pension plans 4,939 Derivative financial instruments 15,753 Marketable securities (414) Balance, December 2015 426,614,274 106,654 3.192,675 (1,043,222) 3.128,731 Net income 1,074,106 Dividends on Common Stock (635,994) Purchase of treasury stock (15.932,075) (3,983) (996,485) Stock-based compensation, net 3,330,755 832 140,748 (24.900) Foreign currency translation and other (76,410) Detined benefit pension plans 69.498 Derivative financial instruments 8,671 Balance, December 2016 414,012,9545 103,503 53,333,423 S (1,041.463) S 2.545,458 See notes to consolidated financial statements. IIIIIIIIIIIIIIIIII 948