CITIC Limited (0267.HK)

Industry: Conglomerates Sector: Industrials Currency Used: HK Live Price: $12.05

Enterprise Value

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Stock Price	7.88	8.58	8.10	8.04	6.39	10.88	11.67	11.55	11.19	13.81	13.39	10.02	11.63	16.73	17.32	18.46	18.57	41.40	24.88	22.10	20.60	17.03	15.24	19.87	32.81	28.48	28.48	28.48
Market Capitalization	229,085.35M	249,447.78M	235,484.63M	233,739.16M	185,740.37M	316,500.57M	339,481.91M	335,989.50M	325,517.10M	366,158.34M	333,451.17M	279,620.12M	42,443.04M	61,051.67M	63,182.50M	67,319.30M	41,357.58M	91,935.88M	55,704.00M	50,632.22M	47,259.92M	38,997.46M	34,881.43M	45,615.30M	75,506.28M	63,399.16M	63,295.65M	63,385.30M
(-) Cash & Equivalents	557,401.17M	804,925.71M	869,963.00M	838,038.50M	871,219.00M	721,218.00M	744,657.50M	1,035,781.50M	1,058,237.00M	951,787.00M	507,460.00M	34,377.50M	34,214.00M	31,788.50M	24,634.50M	10,776.50M	9,148.00M	4,022.50M	1,839.50M	1,289.50M	1,208.50M	2,755.50M	1,272.50M	2,315.50M	1,798.00M	3,537.50M	0.00M	0.00M
(+) Total Debt	2,686,039.09M	3,695,921.52M	2,848,598.00M	2,509,575.50M	2,086,275.00M	1,913,830.50M	1,345,850.50M	1,164,076.00M	915,397.00M	647,470.50M	365,023.00M	119,497.50M	114,532.50M	95,280.00M	70,810.00M	32,837.50M	28,617.00M	12,534.50M	8,329.50M	9,426.00M	6,884.50M	4,826.50M	4,368.50M	6,204.50M	5,816.50M	6,000.00M	7,146.50M	5,136.33M
Enterprise Value	2,357,723.27M	3,140,443.59M	2,214,119.63M	1,905,276.16M	1,400,796.37M	1,509,113.07M	940,674.91M	464,284.00M	182,677.10M	61,841.84M	191,014.17M	364,740.12M	122,761.54M	124,543.17M	109,358.00M	89,380.30M	60,826.58M	100,447.88M	62,194.00M	58,768.72M	52,935.92M	41,068.46M	37,977.43M	49,504.30M	79,524.78M	65,861.66M	70,442.15M	68,521.63M

Income Statement

Metric	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
Revenue	1,546,640M	1,504,870M	949,689M	752,318M	771,133M	708,936M	552,949M	566,497M	533,285M	450,536M	381,662M	395,310M	543,590M	88,041M	93,272M	100,086M	70,614M	46,409M	46,420M	44,933M	47,049M	26,564M	22,912M	26,180M	22,316M	17,251M	16,008M	26,424M	13,692M	16,798M
Cost of Revenue	800,682M	820,997M	627,307M	411,951M	413,422M	397,524M	276,305M	283,148M	270,863M	222,869M	166,323M	158,346M	339,923M	77,185M	83,529M	85,850M	59,662M	38,248M	38,367M	32,409M	37,019M	21,226M	18,064M	21,868M	17,236M	12,602M	11,877M	22,520M	8,995M	11,449M
Gross Profit	745,958M	683,873M	322,382M	340,367M	357,711M	311,412M	276,644M	283,349M	262,422M	227,667M	215,339M	236,964M	203,667M	10,856M	9,743M	14,236M	10,952M	8,161M	8,053M	12,524M	10,030M	5,338M	4,848M	4,312M	5,080M	4,649M	4,131M	3,904M	4,697M	5,349M
Gross Profit Margin	48.2%	45.4%	33.9%	45.2%	46.4%	43.9%	50.0%	50.0%	49.2%	50.5%	56.4%	59.9%	37.5%	12.3%	10.4%	14.2%	15.5%	17.6%	17.3%	27.9%	21.3%	20.1%	21.2%	16.5%	22.8%	26.9%	25.8%	14.8%	34.3%	31.8%
R&D Expenses	0M	0M	27,322M	0M	0M	16,429M	426M	388M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
SG&A Expenses	272,723M	429,169M	121,879M	140,028M	137,765M	106,345M	2,887M	105,337M	106,769M	90,395M	83,921M	89,621M	0M	3,243M	3,202M	2,854M	2,084M	1,470M	1,477M	1,025M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Operating Expenses	278,151M	440,494M	197,857M	191,000M	154,690M	119,923M	97,206M	111,218M	118,338M	90,411M	84,506M	90,214M	77,903M	6,687M	6,518M	6,112M	2,161M	2,361M	2,374M	4,758M	2,845M	2,196M	0M	0M	0M	0M	0M	0M	0M	0M
Operating Income (EBIT)	467,808M	243,380M	124,525M	149,367M	203,021M	191,489M	179,438M	172,131M	144,084M	137,256M	130,833M	146,750M	125,764M	4,169M	3,225M	8,124M	8,791M	5,800M	5,679M	7,766M	7,185M	3,142M	4,848M	4,312M	5,080M	4,649M	4,131M	3,904M	4,697M	5,349M
Operating Income Margin	30.2%	16.2%	13.1%	19.9%	26.3%	27.0%	32.5%	30.4%	27.0%	30.5%	34.3%	37.1%	23.1%	4.7%	3.5%	8.1%	12.4%	12.5%	12.2%	17.3%	15.3%	11.8%	21.2%	16.5%	22.8%	26.9%	25.8%	14.8%	34.3%	31.8%
Interest Income	4,747M	2,812M	2,423M	2,024M	1,364M	2,036M	1,266M	2,264M	2,729M	1,412M	1,575M	2,358M	2,250M	1,990M	720M	695M	356M	313M	499M	226M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Interest Expense	28,545M	22,569M	14,465M	13,450M	9,700M	9,433M	11,150M	12,703M	12,294M	11,497M	8,708M	9,239M	11,054M	9,487M	1,715M	1,105M	704M	937M	1,095M	280M	0M	0M	581M	2,636M	801M	2,233M	472M	616M	1,444M	0M
Net Interest Income	-23,798M	-19,757M	-12,041M	-11,426M	-8,336M	-7,397M	-9,884M	-10,439M	-9,565M	-10,085M	-7,133M	-6,881M	-8,804M	-7,497M	-995M	-410M	-348M	-624M	-596M	-54M	0M	0M	-581M	-2,636M	-801M	-2,233M	-472M	-616M	-1,444M	0M
Unusual Items	-208,522M	26,892M	20,173M	-2,033M	-46,846M	-62,951M	-71,836M	-79,234M	-51,250M	-57,841M	-58,108M	-65,810M	-39,160M	11,330M	6,868M	5,829M	3,924M	2,750M	-17,415M	4,625M	2,174M	1,500M	330M	246M	205M	159M	111M	104M	109M	2,555M
EBT Excluding Unusual Items	444,010M	223,622M	112,484M	137,941M	194,685M	184,092M	169,554M	161,692M	134,519M	127,171M	123,700M	139,869M	116,960M	-3,328M	2,230M	7,714M	8,443M	5,176M	5,083M	7,712M	7,185M	3,142M	4,267M	1,676M	4,279M	2,416M	3,659M	3,288M	3,253M	5,349M
Pre-Tax Income	235,488M	250,514M	132,657M	135,909M	147,839M	121,141M	97,718M	82,458M	83,269M	69,330M	65,592M	74,059M	77,800M	8,002M	9,098M	13,543M	12,367M	7,926M	-12,332M	12,337M	9,359M	4,642M	4,597M	1,922M	4,484M	2,575M	3,770M	3,392M	3,362M	7,904M
Pre-Tax Margin	15.2%	16.6%	14.0%	18.1%	19.2%	17.1%	17.7%	14.6%	15.6%	15.4%	17.2%	18.7%	14.3%	9.1%	9.8%	13.5%	17.5%	17.1%	-26.6%	27.5%	19.9%	17.5%	20.1%	7.3%	20.1%	14.9%	23.6%	12.8%	24.6%	47.1%
Income Tax Expense	42,437M	48,579M	24,902M	19,857M	24,828M	20,863M	16,790M	17,827M	18,944M	17,687M	18,404M	19,424M	18,000M	978M	1,347M	2,560M	2,178M	1,097M	-578M	770M	644M	345M	686M	371M	377M	306M	229M	322M	445M	489M
Net Income	107,374M	137,761M	58,202M	63,490M	73,535M	70,222M	56,628M	53,903M	50,839M	44,575M	26,936M	42,947M	40,964M	8,469M	7,417M	9,233M	8,915M	5,950M	-12,662M	11,567M	8,272M	3,989M	3,581M	1,305M	3,902M	2,110M	3,430M	2,966M	2,808M	7,376M
Net Income Margin	6.9%	9.2%	6.1%	8.4%	9.5%	9.9%	10.2%	9.5%	9.5%	9.9%	7.1%	10.9%	7.5%	9.6%	8.0%	9.2%	12.6%	12.8%	-27.3%	25.7%	17.6%	15.0%	15.6%	5.0%	17.5%	12.2%	21.4%	11.2%	20.5%	43.9%
Depreciation & Amortization	50,170M	47,068M	27,560M	25,368M	23,544M	21,220M	19,772M	21,806M	15,091M	14,171M	12,292M	11,774M	9,977M	3,653M	3,098M	2,180M	1,630M	1,186M	1,091M	1,167M	1,081M	812M	695M	621M	550M	504M	0M	0M	0M	0M
EBITDA	517,978M	290,447M	152,085M	174,735M	226,565M	212,709M	199,210M	193,937M	159,175M	151,427M	143,125M	158,524M	135,741M	7,822M	6,323M	10,304M	10,421M	6,986M	6,770M	8,933M	8,266M	3,954M	5,543M	4,933M	5,630M	5,153M	4,131M	3,904M	4,697M	5,349M
EBITDA Margin	33.5%	19.3%	16.0%	23.2%	29.4%	30.0%	36.0%	34.2%	29.8%	33.6%	37.5%	40.1%	25.0%	8.9%	6.8%	10.3%	14.8%	15.1%	14.6%	19.9%	17.6%	14.9%	24.2%	18.8%	25.2%	29.9%	25.8%	14.8%	34.3%	31.8%
NOPAT	383,505M	196,184M	101,150M	127,544M	168,926M	158,511M	148,607M	134,917M	111,304M	102,240M	94,123M	108,261M	96,667M	3,659M	2,748M	6,588M	7,243M	4,997M	4,486M	7,281M	6,691M	2,908M	4,125M	3,480M	4,653M	4,097M	3,880M	3,533M	4,075M	5,018M
NOPAT Margin	24.8%	13.0%	10.7%	17.0%	21.9%	22.4%	26.9%	23.8%	20.9%	22.7%	24.7%	27.4%	17.8%	4.2%	2.9%	6.6%	10.3%	10.8%	9.7%	16.2%	14.2%	10.9%	18.0%	13.3%	20.9%	23.7%	24.2%	13.4%	29.8%	29.9%
Owner's Earnings	77,277M	136,691M	57,115M	62,002M	73,503M	66,948M	55,515M	56,083M	49,509M	37,023M	17,386M	30,465M	26,724M	649M	-8,761M	-5,149M	-10,693M	-7,854M	-28,808M	6,784M	7,062M	3,580M	1,738M	972M	3,680M	456M	1,730M	2,586M	1,709M	5,731M
Owner's Earnings Margin	5.0%	9.1%	6.0%	8.2%	9.5%	9.4%	10.0%	9.9%	9.3%	8.2%	4.6%	7.7%	4.9%	0.7%	-9.4%	-5.1%	-15.1%	-16.9%	-62.1%	15.1%	15.0%	13.5%	7.6%	3.7%	16.5%	2.6%	10.8%	9.8%	12.5%	34.1%
EPS (Basic)	3.69	4.74	2.00	2.19	2.54	2.41	1.95	1.85	1.75	1.51	0.93	1.58	1.60	1.94	1.91	2.53	2.53	1.63	-5.68	4.91	3.77	1.74	1.54	0.56	1.69	0.92	1.43	1.33	1.26	3.31
EPS (Diluted)	3.69	4.74	2.00	2.18	2.53	2.41	1.95	1.85	1.75	1.53	0.93	1.61	1.64	0.34	2.03	2.53	2.44	1.63	-5.68	5.24	3.77	1.74	1.56	0.57	1.71	0.92	1.49	1.33	1.26	3.31
Shares (Basic)	29,138M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	26,514M	24,903M	24,903M	3,649M	3,649M	3,649M	3,647M	2,228M	2,208M	2,194M	2,290M	2,293M	2,304M	2,287M	2,296M	2,308M	2,229M	2,222M	2,227M
Shares (Diluted)	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	29,090M	26,614M	24,903M	24,903M	3,649M	3,649M	3,649M	3,647M	2,228M	2,208M	2,194M	2,290M	2,293M	2,304M	2,287M	2,296M	2,308M	2,229M	2,222M	2,227M

Balance Sheet

Metric	MRQ	MRQ-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
Cash & Cash Equivalents	645,172.94M	270,254.00M	270,254.00M	820,210.44M	875,351.00M	851,860.00M	894,247.00M	913,907.00M	955,636.00M	822,762.00M	690,628.00M	688,884.00M	983,589.00M	35,070.00M	32,821.00M	30,930.00M	24,558.00M	21,553.00M	18,296.00M	8,045.00M	3,679.00M	2,579.00M	2,417.00M	5,511.00M	2,545.00M	4,631.00M	3,596.00M	7,075.00M	0.00M	0.00M
Short-Term Investments	701,114.94M	1,029,579.00M	1,029,579.00M	1,120,991.42M	211,034.00M	152,370.00M	85,384.00M	62,033.00M	89,169.00M	633,514.00M	1,020,458.00M	677,438.00M	365,310.00M	0.00M	0.00M	401.00M	73.00M	92.00M	1,016.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Cash & Short-Term Investments	1,346,287.87M	1,299,833.00M	1,299,833.00M	1,941,201.86M	1,086,385.00M	1,004,230.00M	979,631.00M	975,940.00M	1,044,805.00M	1,456,276.00M	1,711,086.00M	1,366,322.00M	1,348,899.00M	35,070.00M	32,821.00M	31,331.00M	24,631.00M	21,645.00M	19,312.00M	8,045.00M	3,679.00M	2,579.00M	2,417.00M	5,511.00M	2,545.00M	4,631.00M	3,596.00M	7,075.00M	0.00M	0.00M
Net Receivables	411,216.98M	5,790,240.00M	5,790,240.00M	143,050.59M	261,512.00M	188,230.00M	62,519.00M	56,434.00M	52,012.00M	80,598.00M	-14,243.00M	-16,502.00M	10,594.00M	1,180,337.00M	15,464.00M	16,253.00M	14,070.00M	11,082.00M	9,931.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Inventory	134,463.67M	131,575.99M	131,575.99M	148,674.48M	123,415.60M	113,403.00M	80,370.00M	54,735.00M	58,087.00M	58,552.00M	49,000.00M	130,447.00M	133,258.00M	19,270.00M	16,777.00M	14,125.00M	11,191.00M	6,983.00M	5,605.00M	5,982.00M	3,920.00M	3,427.00M	2,778.00M	1,880.00M	1,866.00M	1,799.00M	0.00M	0.00M	0.00M	0.00M
Other Current Assets	8,498,331.63M	840,486.01M	840,486.01M	7,036,981.04M	119,876.69M	0.00M	-1,208.00M	2,297.00M	662,633.00M	831,659.00M	72,714.00M	66,317.00M	60,320.00M	42,156.00M	4,112.00M	2,388.00M	298.00M	1,765.00M	1,951.00M	9,859.00M	6,858.00M	6,746.00M	4,515.00M	4,584.00M	3,448.00M	5,864.00M	172.00M	192.00M	92.00M	0.00M
Total Current Assets	10,390,300.15M	8,062,135.00M	8,062,135.00M	9,269,907.96M	1,591,189.29M	1,305,863.00M	1,121,312.00M	1,089,406.00M	1,817,537.00M	2,427,085.00M	1,818,557.00M	1,546,584.00M	1,553,071.00M	1,276,833.00M	69,174.00M	64,097.00M	50,190.00M	41,475.00M	36,799.00M	23,886.00M	14,457.00M	12,752.00M	9,710.00M	11,975.00M	7,859.00M	12,294.00M	3,768.00M	7,267.00M	92.00M	0.00M
Property, Plant & Equipment	308,639.01M	267,337.00M	267,337.00M	288,392.76M	225,042.00M	215,809.00M	205,755.00M	186,569.00M	172,594.00M	176,613.00M	157,967.00M	166,372.00M	184,551.00M	128,960.00M	118,182.00M	87,409.00M	74,812.00M	50,678.00M	35,196.00M	29,982.00M	24,621.00M	18,708.00M	18,762.00M	15,526.00M	15,804.00M	14,702.00M	54.00M	68.00M	80.00M	82.00M
Goodwill	29,138.62M	26,744.00M	26,744.00M	28,687.13M	28,684.00M	21,590.00M	21,133.00M	21,203.00M	22,885.00M	23,989.00M	21,871.00M	19,481.00M	13,709.00M	902.00M	916.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	603.00M	272.00M	223.00M	282.00M	353.00M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	23,566.65M	22,640.00M	22,640.00M	24,793.75M	47,400.00M	39,994.00M	37,010.00M	33,180.00M	37,272.00M	47,710.00M	41,193.00M	40,053.00M	15,776.00M	1,053.00M	1,124.00M	16,253.00M	12,989.00M	10,913.00M	8,979.00M	4,105.00M	2,986.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	2,647,314.34M	2,239,011.00M	2,239,011.00M	10,060,486.85M	9,596,943.00M	8,998,902.00M	8,026,808.00M	6,741,811.00M	6,133,952.00M	5,515,068.00M	5,053,792.00M	4,891,363.00M	949,774.00M	30,559.00M	28,038.00M	28,444.00M	28,172.00M	29,814.00M	36,271.00M	43,039.00M	0.00M	34,980.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Tax Assets	0.00M	84,972.00M	84,972.00M	91,743.47M	99,430.00M	82,619.00M	74,164.00M	58,729.00M	50,011.00M	48,585.00M	34,802.00M	27,761.00M	24,277.00M	2,868.00M	2,342.00M	1,647.00M	714.00M	554.00M	1,967.00M	100.00M	103.00M	158.00M	94.00M	85.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	293,002.42M	1,260,838.00M	1,260,838.00M	-6,631,952.70M	88,821.00M	20,744.00M	15,318.00M	36,529.00M	17,834.00M	52,278.00M	42,906.00M	34,431.00M	3,134,799.00M	29,545.00M	27,355.00M	27,258.00M	21,909.00M	18,484.00M	21,190.00M	5,723.00M	34,493.00M	3,467.00M	30,635.00M	27,917.00M	33,213.00M	33,476.00M	45,836.00M	38,150.00M	-80.00M	-82.00M
Other Assets	0.00M	0.00M	0.00M	-776,769.04M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	51,497.00M	53,923.00M
Total Non-Current Assets	3,301,661.03M	3,901,542.00M	3,901,542.00M	3,085,382.21M	10,086,320.00M	9,379,658.00M	8,380,188.00M	7,078,021.00M	6,434,548.00M	5,864,243.00M	5,352,531.00M	5,179,461.00M	4,322,886.00M	193,887.00M	177,957.00M	161,011.00M	138,596.00M	110,443.00M	103,603.00M	82,949.00M	62,203.00M	57,916.00M	49,763.00M	43,751.00M	49,299.00M	48,531.00M	45,890.00M	38,218.00M	51,497.00M	53,923.00M
Total Assets	13,691,961.18M	11,963,677.00M	11,963,677.00M	12,355,290.17M	11,677,509.29M	10,685,521.00M	9,501,500.00M	8,167,427.00M	8,252,085.00M	8,291,328.00M	7,171,088.00M	6,726,045.00M	5,875,957.00M	1,470,720.00M	247,131.00M	225,108.00M	188,786.00M	151,918.00M	140,402.00M	106,835.00M	76,660.00M	70,668.00M	59,473.00M	55,726.00M	57,158.00M	60,825.00M	49,658.00M	45,485.00M	51,589.00M	53,923.00M
Accounts Payable	457,051.78M	106,231.00M	106,231.00M	124,451.70M	102,240.39M	98,886.00M	86,362.00M	73,238.00M	75,084.00M	68,733.00M	53,147.00M	52,920.00M	63,784.00M	28,717.00M	24,402.00M	14,891.00M	11,136.00M	7,708.00M	6,215.00M	10,661.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Short-Term Debt	2,277,452.67M	2,184,117.33M	2,184,117.33M	1,980,731.92M	2,877,870.00M	1,206,108.00M	94,774.00M	1,948,678.00M	1,590,051.00M	1,445,855.00M	1,540,861.00M	1,586,854.00M	52,745.00M	27,139.00M	22,133.00M	27,657.00M	15,227.00M	4,357.00M	9,382.00M	0.00M	0.00M	2,406.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Tax Payables	0.00M	20,380.00M	20,380.00M	10,166.68M	17,606.00M	16,184.00M	13,448.00M	13,989.00M	11,551.00M	19,439.00M	14,319.00M	9,414.00M	15,240.00M	1,139.00M	1,065.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	0.00M	0.00M	0.00M	0.00M	33,369.00M	33,798.00M	28,545.00M	21,661.00M	18,749.00M	3,334.00M	2,892.00M	31,556.00M	2,851,751.00M	0.00M	2,935.00M	0.00M	55.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Liabilities	3,606,915.21M	7,234,281.46M	7,234,281.46M	5,416,650.68M	6,169,117.00M	7,233,923.00M	7,659,937.00M	7,045,599.00M	2,070,406.00M	2,516,088.00M	2,330,412.00M	1,713,655.00M	3,614,371.00M	1,312.00M	1,260.00M	17,359.00M	16,711.00M	12,694.00M	10,602.00M	4,312.00M	10,038.00M	3,581.00M	5,802.00M	4,895.00M	3,620.00M	4,794.00M	1,570.00M	1,743.00M	2,487.00M	0.00M
Total Current Liabilities	6,341,419.67M	9,545,009.79M	9,545,009.79M	7,532,000.98M	9,200,202.39M	8,588,899.00M	7,883,066.00M	9,103,165.00M	3,765,841.00M	4,053,449.00M	3,941,631.00M	3,394,399.00M	6,597,891.00M	58,307.00M	51,795.00M	59,907.00M	43,129.00M	24,759.00M	26,199.00M	14,973.00M	10,038.00M	5,987.00M	5,802.00M	4,895.00M	3,620.00M	4,794.00M	1,570.00M	1,743.00M	2,487.00M	0.00M
Long-Term Debt	917,295.53M	2,538,942.00M	2,538,942.00M	933,811.31M	624,153.00M	1,752,705.77M	668,085.00M	1,371,298.00M	1,367,927.00M	1,241,533.00M	997,307.00M	641,754.00M	415,917.00M	93,591.00M	94,496.00M	71,050.00M	68,456.00M	61,318.00M	47,852.00M	25,069.00M	16,659.00M	18,852.00M	13,769.00M	9,653.00M	8,737.00M	12,409.00M	11,633.00M	12,000.00M	14,293.00M	15,409.00M
Capital Lease Obligations	21,215.13M	19,049.00M	19,049.00M	22,431.14M	14,350.00M	12,962.00M	13,033.00M	12,767.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Tax Liabilities	18,359.94M	17,731.00M	17,731.00M	18,461.49M	18,153.00M	11,839.00M	11,444.00M	9,963.00M	8,756.00M	9,438.00M	6,682.00M	6,998.00M	7,409.00M	3,918.00M	3,343.00M	3,373.00M	2,419.00M	1,891.00M	1,710.00M	2,094.00M	1,954.00M	1,387.00M	333.00M	325.00M	226.00M	215.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	4,717,950.99M	1,389,004.00M	1,389,004.00M	1,913,191.94M	-1,010,810.51M	2,107,092.05M	92,528.00M	0.00M	1,089,562.00M	1,156,650.00M	1,268,522.00M	1,374,161.00M	2,357,468.00M	4,789.00M	6,951.00M	7,396.00M	4,797.00M	2,534.00M	7,416.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-15,409.00M
Total Non-Current Liabilities	5,674,821.59M	3,964,726.00M	3,964,726.00M	2,887,895.87M	-354,154.51M	3,884,598.82M	785,090.00M	1,394,028.00M	2,466,245.00M	2,407,621.00M	2,272,511.00M	2,022,913.00M	2,780,794.00M	102,298.00M	104,790.00M	81,819.00M	75,672.00M	65,743.00M	56,978.00M	27,163.00M	18,613.00M	20,239.00M	14,102.00M	9,978.00M	8,963.00M	12,624.00M	11,633.00M	12,000.00M	14,293.00M	0.00M
Total Liabilities	12,016,241.26M	13,509,735.79M	13,509,735.79M	10,419,896.85M	8,846,047.88M	12,473,497.82M	8,668,156.00M	10,497,193.00M	6,232,086.00M	6,461,070.00M	6,214,142.00M	5,417,312.00M	9,378,685.00M	160,605.00M	156,585.00M	141,726.00M	118,801.00M	90,502.00M	83,177.00M	42,136.00M	28,651.00M	26,226.00M	19,904.00M	14,873.00M	12,583.00M	17,418.00M	13,203.00M	13,743.00M	16,780.00M	0.00M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock	337,031.41M	307,576.00M	307,576.00M	338,375.20M	381,710.00M	381,710.00M	381,710.00M	381,710.00M	381,710.00M	381,710.00M	381,710.00M	381,710.00M	324,198.00M	1,460.00M	1,460.00M	1,460.00M	1,459.00M	1,459.00M	1,458.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Retained Earnings	0.00M	509,697.18M	509,697.18M	414,299.50M	396,219.00M	344,891.00M	294,193.00M	255,807.00M	221,409.00M	191,554.00M	158,134.00M	131,132.00M	109,387.00M	912.00M	1,095.00M	1,095.00M	1,095.00M	912.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accumulated OCI	500,879.15M	-30,960.19M	-30,960.19M	-44,276.04M	-40,678.00M	24,806.00M	-1,627.00M	-45,991.00M	-44,574.00M	-30,186.00M	-56,715.00M	-33,776.00M	0.00M	-20,037.00M	-14,498.00M	-12,228.00M	-9,843.00M	-8,075.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Minority Interest	762,789.20M	665,527.00M	665,527.00M	697,050.10M	642,817.00M	414,183.00M	334,366.00M	302,965.00M	252,115.00M	242,690.00M	205,671.00M	170,267.00M	143,547.00M	6,550.00M	7,188.00M	7,055.00M	5,853.00M	4,980.00M	6,036.00M	4,906.00M	1,499.00M	2,093.00M	1,677.00M	2,027.00M	1,818.00M	1,770.00M	0.00M	0.00M	0.00M	0.00M
Total Shareholders’ Equity	837,910.55M	786,312.99M	786,312.99M	708,398.66M	737,251.00M	751,407.00M	674,276.00M	591,526.00M	558,545.00M	543,078.00M	483,129.00M	479,066.00M	433,585.00M	-17,665.00M	-11,943.00M	-9,673.00M	-7,289.00M	-5,704.00M	1,458.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Equity	1,600,699.75M	1,451,839.99M	1,451,839.99M	1,405,448.75M	1,380,068.00M	1,165,590.00M	1,008,642.00M	894,491.00M	810,660.00M	785,768.00M	688,800.00M	649,333.00M	577,132.00M	-11,115.00M	-4,755.00M	-2,618.00M	-1,436.00M	-724.00M	7,494.00M	4,906.00M	1,499.00M	2,093.00M	1,677.00M	2,027.00M	1,818.00M	1,770.00M	0.00M	0.00M	0.00M	0.00M
Total Liabilities & Equity	13,616,941.01M	14,961,575.77M	14,961,575.77M	11,825,345.60M	10,226,115.88M	13,639,087.82M	9,676,798.00M	11,391,684.00M	7,042,746.00M	7,246,838.00M	6,902,942.00M	6,066,645.00M	9,955,817.00M	149,490.00M	151,830.00M	139,108.00M	117,365.00M	89,778.00M	90,671.00M	47,042.00M	30,150.00M	28,319.00M	21,581.00M	16,900.00M	14,401.00M	19,188.00M	13,203.00M	13,743.00M	16,780.00M	0.00M
Tangible Assets	13,639,255.92M	11,914,293.00M	11,914,293.00M	12,301,809.30M	11,601,425.29M	10,623,937.00M	9,443,357.00M	8,113,044.00M	8,191,928.00M	8,219,629.00M	7,108,024.00M	6,666,511.00M	5,846,472.00M	1,468,765.00M	245,091.00M	208,855.00M	175,797.00M	141,005.00M	131,423.00M	102,730.00M	73,674.00M	70,065.00M	59,201.00M	55,503.00M	56,876.00M	60,472.00M	49,658.00M	45,485.00M	51,589.00M	53,923.00M
Tangible Equity	1,547,994.49M	1,402,455.99M	1,402,455.99M	1,351,967.88M	1,303,984.00M	1,104,006.00M	950,499.00M	840,108.00M	750,503.00M	714,069.00M	625,736.00M	589,799.00M	547,647.00M	-13,070.00M	-6,795.00M	-18,871.00M	-14,425.00M	-11,637.00M	-1,485.00M	801.00M	-1,487.00M	1,490.00M	1,405.00M	1,804.00M	1,536.00M	1,417.00M	0.00M	0.00M	0.00M	0.00M
Tangible Book Value	1,547,994.49M	1,402,455.99M	1,402,455.99M	1,351,967.88M	1,303,984.00M	1,104,006.00M	950,499.00M	840,108.00M	750,503.00M	714,069.00M	625,736.00M	589,799.00M	547,647.00M	-13,070.00M	-6,795.00M	-18,871.00M	-14,425.00M	-11,637.00M	-1,485.00M	801.00M	-1,487.00M	1,490.00M	1,405.00M	1,804.00M	1,536.00M	1,417.00M	0.00M	0.00M	0.00M	0.00M
Total Investments	3,161,388.70M	3,268,590.00M	3,268,590.00M	10,547,809.36M	9,770,797.00M	9,151,272.00M	8,227,305.00M	6,803,844.00M	6,223,121.00M	6,148,582.00M	6,074,250.00M	5,568,801.00M	1,315,084.00M	30,559.00M	28,038.00M	28,845.00M	28,245.00M	29,906.00M	37,287.00M	43,039.00M	34,493.00M	34,980.00M	30,635.00M	27,917.00M	33,213.00M	33,476.00M	3,452.00M	38,150.00M	51,417.00M	53,841.00M
Net Debt	2,549,575.27M	4,452,805.33M	4,452,805.33M	2,094,332.79M	2,626,672.00M	2,106,953.77M	-131,388.00M	2,406,069.00M	2,002,342.00M	1,864,626.00M	1,847,540.00M	1,539,724.00M	-514,927.00M	85,660.00M	83,808.00M	67,777.00M	59,125.00M	44,122.00M	38,938.00M	17,024.00M	12,980.00M	18,679.00M	11,352.00M	4,142.00M	6,192.00M	7,778.00M	8,037.00M	4,925.00M	14,293.00M	15,409.00M

Capital Metrics

Metric	MRQ	MRQ-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
Working Capital	3,955,500.4M	-1,700,972.8M	-1,700,972.8M	1,550,214.5M	-7,490,307.0M	-7,454,482.0M	-6,729,485.0M	-5,496,500.0M	-4,760,142.0M	-52,678.0M	107,311.0M	-228,436.0M	-2,250,646.0M	16,724.0M	18,699.0M	8,872.0M	11,211.0M	20,539.0M	9,382.0M	8,913.0M	4,419.0M	3,519.0M	3,908.0M	7,080.0M	4,239.0M	7,500.0M	2,198.0M	5,524.0M	0.0M	0.0M
Total Capital	4,053,873.9M	3,315,478.0M	3,315,478.0M	3,712,095.1M	4,253,624.0M	4,032,902.0M	2,286,164.0M	3,138,974.0M	2,932,153.0M	2,837,253.0M	2,679,069.0M	2,553,167.0M	1,040,269.0M	222,493.0M	201,307.0M	179,665.0M	151,965.0M	125,934.0M	107,205.0M	84,862.0M	63,169.0M	57,955.0M	51,661.0M	48,479.0M	51,494.0M	54,046.0M	48,088.0M	43,742.0M	49,266.0M	50,336.0M
Capital Employed	7,257,161.4M	2,200,569.2M	2,200,569.2M	4,635,705.7M	2,596,013.0M	1,925,176.0M	1,793,732.0M	1,581,521.0M	1,674,406.0M	5,811,565.0M	5,459,842.0M	4,951,025.0M	2,072,240.0M	210,611.0M	196,656.0M	169,832.0M	149,807.0M	130,982.0M	112,985.0M	91,862.0M	66,622.0M	61,435.0M	53,671.0M	50,831.0M	53,538.0M	56,031.0M	48,088.0M	43,742.0M	51,497.0M	53,923.0M
Invested Capital	3,408,701.0M	3,045,224.0M	3,045,224.0M	2,891,884.6M	3,378,273.0M	3,181,042.0M	1,391,917.0M	2,225,067.0M	1,976,517.0M	2,014,491.0M	1,988,441.0M	1,864,283.0M	56,680.0M	187,423.0M	168,486.0M	148,735.0M	127,407.0M	104,381.0M	88,909.0M	76,817.0M	59,490.0M	55,376.0M	49,244.0M	42,968.0M	48,949.0M	49,415.0M	44,492.0M	36,667.0M	49,266.0M	50,336.0M

Cash Flow Statement

Metric	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
Net Income	107,923.71M	137,761.45M	132,657.00M	123,287.00M	75,481.00M	70,222.00M	56,628.00M	53,903.00M	50,239.00M	43,902.00M	32,809.00M	40,501.00M	77,800.00M	10,106.00M	9,636.00M	13,543.00M	12,367.00M	7,926.00M	-12,332.00M	11,567.00M	8,272.00M	3,989.00M	3,581.00M	1,305.00M	3,902.00M	2,110.00M	3,430.00M	2,966.00M	2,808.00M	7,376.00M
Depreciation & Amortization	42,856.15M	47,067.91M	29,881.21M	23,059.00M	23,544.00M	21,220.00M	19,772.00M	21,806.00M	15,091.00M	14,171.00M	12,292.00M	11,774.00M	9,977.00M	3,653.00M	3,098.00M	2,180.00M	1,630.00M	1,186.00M	1,091.00M	1,167.00M	1,081.00M	812.00M	695.00M	621.00M	550.00M	504.00M	0.00M	0.00M	0.00M	0.00M
Deferred Income Tax	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-18,163.00M	-14,762.00M	-9,585.00M	-11,361.00M	-7,953.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Stock-Based Compensation	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	21.00M	31.00M	11.00M	50.00M	75.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	-663,358.95M	-346,516.72M	-270,913.00M	-5,633.79M	-269,512.00M	-324,254.00M	162,367.00M	-30,623.00M	-65,299.00M	-201,593.00M	106,978.00M	-169,525.00M	-69,636.00M	1,513.00M	2,219.00M	-282.00M	1,428.00M	2,723.00M	1,668.00M	-740.00M	-364.00M	165.00M	-552.00M	-25.00M	-68.00M	-33.00M	0.00M	0.00M	0.00M	0.00M
Accounts Receivable	-141,639.17M	-121,651.47M	-333,113.00M	-25,302.24M	-60,454.00M	-4,755.00M	1,029.00M	-57,335.00M	-16,019.00M	-11,239.00M	-18,174.00M	-15,103.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Inventory	6,746.32M	-29,844.23M	9,423.00M	-15,854.51M	-8,587.00M	-33,208.00M	-25,610.00M	7,333.00M	-2,398.00M	-9,775.00M	-12,784.00M	4,372.00M	2,068.00M	-1,224.00M	4,017.00M	-2,468.00M	-4,208.00M	-1,279.00M	934.00M	-1,904.00M	-364.00M	165.00M	-552.00M	-25.00M	-68.00M	-33.00M	0.00M	0.00M	0.00M	0.00M
Accounts Payable	5,875.72M	33,319.39M	-13,751.21M	-28,721.11M	3,401.00M	21,946.00M	1,386.00M	-18,933.00M	7,220.00M	21,709.00M	16,915.00M	30,128.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Working Capital	-534,341.82M	-228,340.42M	52,777.00M	64,244.07M	-203,872.00M	-308,237.00M	185,562.00M	38,312.00M	-54,102.00M	-202,288.00M	121,021.00M	-188,922.00M	-71,704.00M	2,737.00M	-1,798.00M	2,186.00M	5,636.00M	4,002.00M	734.00M	1,164.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Cash Items	143,178.24M	363,556.63M	42,655.79M	-384,632.78M	83,198.00M	98,935.00M	86,034.00M	90,971.00M	82,372.00M	69,450.00M	85,895.00M	66,226.00M	40,796.00M	2,748.00M	1,144.00M	-3,202.00M	-999.00M	-2,155.00M	12,496.00M	-8,447.00M	-5,753.00M	-3,731.00M	-3,008.00M	-911.00M	-672.00M	-2,330.00M	-2,633.00M	-6,211.00M	-1,116.00M	-2,590.00M
Net Cash from Operating Activities	-369,400.86M	-10,442.85M	-65,719.00M	-243,920.57M	-87,289.00M	-133,877.00M	324,801.00M	136,057.00M	82,403.00M	-74,070.00M	237,974.00M	-51,024.00M	58,937.00M	-122.00M	1,366.00M	2,665.00M	3,115.00M	1,802.00M	2,923.00M	3,547.00M	3,236.00M	1,235.00M	716.00M	990.00M	3,712.00M	251.00M	797.00M	-3,245.00M	1,692.00M	4,786.00M
Capital Expenditures (PPE)	-79,509.80M	-48,137.87M	-31,059.76M	-26,855.87M	-23,576.00M	-24,494.00M	-20,885.00M	-19,626.00M	-16,421.00M	-21,723.00M	-21,842.00M	-24,256.00M	-24,217.00M	-11,473.00M	-19,276.00M	-16,562.00M	-21,238.00M	-14,990.00M	-17,237.00M	-5,950.00M	-2,291.00M	-1,221.00M	-2,538.00M	-954.00M	-772.00M	-2,158.00M	-1,700.00M	-380.00M	-1,099.00M	-1,645.00M
Acquisitions (Net)	24,224.19M	256,869.45M	5,566.00M	-1,574.19M	199,410.00M	48,386.00M	4,516.00M	41,522.00M	-10,973.00M	-11,307.00M	-7,918.00M	54,840.00M	-469.00M	1,893.00M	2,922.00M	3,247.00M	3,814.00M	7,618.00M	-2,251.00M	-2,230.00M	6,673.00M	-2,328.00M	-4,622.00M	-286.00M	-1,668.00M	-27.00M	-2,742.00M	-114.00M	32.00M	-16,703.00M
Purchases of Investments	-7,463,055.26M	-6,476,358.87M	-3,952,815.00M	-3,118,962.44M	-3,154,585.00M	-4,041,787.00M	-3,292,092.00M	-2,519,759.00M	-1,845,989.00M	-1,374,211.00M	-855,491.00M	-1,018,145.00M	-653,689.00M	-1,964.00M	-378.00M	-1,405.00M	-2,125.00M	-583.00M	-102.00M	-1,409.00M	-998.00M	-544.00M	-221.00M	0.00M	39.00M	-152.00M	-248.00M	-138.00M	-243.00M	-1,501.00M
Sales / Maturities of Investments	7,141,740.26M	6,288,895.02M	3,862,555.00M	3,095,156.64M	3,032,963.00M	3,793,117.00M	3,045,412.00M	2,240,537.00M	1,695,554.00M	1,216,783.00M	685,164.00M	898,444.00M	561,530.00M	4.00M	9.00M	-164.00M	-150.00M	-148.00M	-1,350.00M	4.00M	43.00M	5.00M	395.00M	6,619.00M	2,097.00M	2,755.00M	1,790.00M	2,335.00M	78.00M	24.00M
Other Investing Activities	65,341.36M	-89,827.17M	9,578.76M	7,016.03M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-14,887.00M	-958.00M	18,508.00M	2,505.00M	2,849.00M	-1,647.00M	2,937.00M	1,784.00M	1,147.00M	3,551.00M	798.00M	44.00M	1,603.00M	-196.00M	2,250.00M	1,764.00M	-1,263.00M	12,186.00M	942.00M	3,015.00M
Net Cash from Investing Activities	-311,259.25M	21,267.74M	-106,175.00M	-45,219.83M	54,212.00M	-224,778.00M	-263,049.00M	-257,326.00M	-177,829.00M	-190,458.00M	-214,974.00M	-90,075.00M	-107,591.00M	-9,035.00M	-13,874.00M	-16,531.00M	-16,762.00M	-6,319.00M	-19,793.00M	-6,034.00M	4,225.00M	-4,044.00M	-5,383.00M	5,183.00M	1,946.00M	2,182.00M	-4,163.00M	13,889.00M	-290.00M	-16,810.00M
Net Debt Issuance	1,081,025.21M	140,730.45M	283,908.00M	73,515.44M	-18,082.73M	232,392.00M	62,594.00M	103,166.00M	141,441.00M	109,432.00M	168,665.00M	167,309.00M	84,573.00M	70,013.00M	18,277.00M	13,839.00M	18,053.00M	8,451.00M	27,582.00M	10,456.00M	-3,149.00M	5,484.00M	3,921.00M	1,253.00M	-5,023.00M	-1,102.00M	-3,427.00M	-3,414.00M	-1,343.00M	13,445.00M
Long-Term Debt Issuance	243,233.23M	140,730.45M	283,908.00M	76,385.00M	-24,177.24M	232,392.00M	101,486.00M	103,166.00M	141,441.00M	93,106.00M	116,990.00M	130,507.00M	84,573.00M	70,013.00M	18,277.00M	13,839.00M	18,053.00M	8,451.00M	27,582.00M	10,456.00M	-3,149.00M	5,484.00M	3,921.00M	1,253.00M	-5,023.00M	-1,102.00M	-3,427.00M	-3,414.00M	-1,343.00M	13,445.00M
Short-Term Debt Issuance	837,791.98M	0.00M	0.00M	-2,869.56M	6,094.51M	0.00M	-38,892.00M	0.00M	0.00M	16,326.00M	51,675.00M	36,802.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-3,843.00M	1,330.00M	40,281.00M	1,363.00M	53,274.00M	0.00M	0.00M	16.00M	0.00M	0.00M	1,814.00M	-110.00M	52.00M	0.00M	0.00M	0.00M	-20.00M	-88.00M	3,034.00M	0.00M	0.00M	-217.00M
Common Stock Issuance	0.00M	-47,952.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1,330.00M	0.00M	1,363.00M	53,274.00M	0.00M	0.00M	16.00M	0.00M	0.00M	2,470.00M	0.00M	87.00M	0.00M	0.00M	0.00M	0.00M	0.00M	4,038.00M	0.00M	0.00M	0.00M
Common Stock Repurchased	0.00M	-6,454.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-7,800.00M	0.00M	-5,850.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-656.00M	-110.00M	-35.00M	0.00M	0.00M	0.00M	-20.00M	-88.00M	-1,004.00M	0.00M	0.00M	-217.00M
Preferred Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	3,957.00M	1,330.00M	46,131.00M	1,363.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Dividends Paid	-35,599.61M	-34,734.00M	-15,272.00M	-19,116.47M	-19,083.00M	-15,651.00M	-11,200.00M	-12,799.00M	-11,637.00M	-9,891.00M	-8,727.00M	-7,890.00M	-22,741.00M	-1,460.00M	-1,642.00M	-1,642.00M	-1,459.00M	-547.00M	-2,415.00M	-3,756.00M	-3,072.00M	-2,412.00M	-2,189.00M	-4,377.00M	-1,971.00M	-1,866.00M	0.00M	0.00M	0.00M	0.00M
Common Dividends Paid	-35,599.61M	-34,734.00M	-15,272.00M	-19,032.34M	-18,577.63M	-15,651.00M	-11,200.00M	-12,799.00M	-11,637.00M	-9,891.00M	-8,727.00M	-7,890.00M	-22,741.00M	-620.00M	-1,642.00M	-1,642.00M	-1,459.00M	-547.00M	-2,415.00M	-3,756.00M	-3,072.00M	-2,412.00M	-2,189.00M	-4,377.00M	-1,971.00M	-1,866.00M	-1,668.00M	0.00M	0.00M	0.00M
Preferred Dividends Paid	0.00M	0.00M	0.00M	-84.13M	-505.37M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-796.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Financing Activities	-339,064.09M	-101,239.91M	-74,814.00M	247,816.87M	113,096.73M	7,505.00M	-16,137.00M	-22,970.00M	-46,947.00M	855.00M	-106,423.00M	3,017.00M	-55,588.00M	-6,202.00M	-1,114.00M	4,828.00M	-393.00M	-220.00M	-265.00M	23.00M	-227.00M	-138.00M	-155.00M	-102.00M	-145.00M	28.00M	2,014.00M	2.00M	7.00M	-1,332.00M
Net Cash from Financing Activities	706,361.51M	12,049.54M	193,822.00M	302,215.85M	75,931.00M	224,246.00M	35,257.00M	67,397.00M	97,416.00M	101,726.00M	180,475.00M	163,799.00M	59,518.00M	8,878.00M	15,521.00M	17,041.00M	16,222.00M	7,684.00M	26,716.00M	6,613.00M	-6,396.00M	2,934.00M	1,577.00M	-3,226.00M	-7,159.00M	-3,413.00M	-47.00M	-3,412.00M	-1,336.00M	11,896.00M
Effect of FX on Cash	241,454.62M	2,028.45M	4,088.00M	-68,216.01M	-19,363.00M	92,022.00M	-116,669.00M	-7,421.00M	-21,777.00M	23,302.00M	-23,007.00M	-13,047.00M	-867.00M	568.00M	-16.00M	552.00M	359.00M	19.00M	254.00M	257.00M	45.00M	18.00M	2.00M	9.00M	9.00M	-7.00M	-3.00M	10.00M	4.00M	7.00M
Net Change in Cash	267,156.03M	-34,576.02M	26,016.00M	-55,140.56M	23,491.00M	-42,387.00M	-19,660.00M	-41,729.00M	132,874.00M	132,134.00M	1,744.00M	340,993.00M	9,997.00M	289.00M	2,646.00M	3,727.00M	2,934.00M	3,186.00M	10,100.00M	4,383.00M	1,110.00M	143.00M	-3,088.00M	2,956.00M	-2,061.00M	-987.00M	-3,416.00M	7,242.00M	70.00M	-121.00M
Cash at Beginning of Period	2,991,687.05M	3,416,003.00M	359,383.00M	875,351.00M	851,860.00M	894,247.00M	913,907.00M	955,636.00M	822,762.00M	690,628.00M	688,884.00M	347,891.00M	337,894.00M	30,610.00M	27,964.00M	24,237.00M	21,303.00M	18,117.00M	8,017.00M	3,634.00M	2,524.00M	2,381.00M	5,469.00M	2,513.00M	4,574.00M	4,127.00M	7,543.00M	301.00M	231.00M	352.00M
Cash at End of Period	3,161,775.48M	3,381,426.98M	385,399.00M	820,210.44M	875,351.00M	851,860.00M	894,247.00M	913,907.00M	955,636.00M	822,762.00M	690,628.00M	688,884.00M	347,891.00M	30,899.00M	30,610.00M	27,964.00M	24,237.00M	21,303.00M	18,117.00M	8,017.00M	3,634.00M	2,524.00M	2,381.00M	5,469.00M	2,513.00M	3,140.00M	4,127.00M	7,543.00M	301.00M	231.00M
Operating Cash Flow	-309,252.66M	-10,442.85M	-65,719.00M	-243,920.57M	-87,289.00M	-133,877.00M	324,801.00M	136,057.00M	82,403.00M	-74,070.00M	237,974.00M	-51,024.00M	58,937.00M	-122.00M	1,366.00M	2,665.00M	3,115.00M	1,802.00M	2,923.00M	3,547.00M	3,236.00M	1,235.00M	716.00M	990.00M	3,712.00M	251.00M	797.00M	-3,245.00M	1,692.00M	4,786.00M
Capital Expenditure	-80,267.95M	-48,137.87M	-28,647.00M	-26,855.87M	-23,576.00M	-24,494.00M	-20,885.00M	-19,626.00M	-16,421.00M	-21,723.00M	-21,842.00M	-24,256.00M	-24,217.00M	-11,473.00M	-19,276.00M	-16,562.00M	-21,238.00M	-14,990.00M	-17,237.00M	-5,950.00M	-2,291.00M	-1,221.00M	-2,538.00M	-954.00M	-772.00M	-2,158.00M	-1,700.00M	-380.00M	-1,099.00M	-1,645.00M
Free Cash Flow	-389,417.99M	-58,580.72M	-94,366.00M	-270,776.44M	-110,865.00M	-158,371.00M	303,916.00M	116,431.00M	65,982.00M	-95,793.00M	216,132.00M	-75,280.00M	34,720.00M	-11,595.00M	-17,910.00M	-13,897.00M	-18,123.00M	-13,188.00M	-14,314.00M	-2,403.00M	945.00M	14.00M	-1,822.00M	36.00M	2,940.00M	-1,907.00M	-903.00M	-3,625.00M	593.00M	3,141.00M

Free Cash Flow

Metric	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
EBITDA	523,405.76M	301,772.26M	200,740.87M	225,707.47M	243,490.00M	209,858.00M	293,103.00M	199,430.00M	170,744.00M	151,443.00M	143,710.00M	159,117.00M	213,644.00M	11,266.00M	9,639.00M	13,562.00M	10,498.00M	7,877.00M	7,667.00M	12,666.00M	11,111.00M	6,150.00M	5,543.00M	4,933.00M	5,630.00M	5,153.00M	4,131.00M	3,904.00M	4,697.00M	5,349.00M
(-) Tax Adjustment	94,322.37M	58,519.09M	37,682.51M	32,977.27M	40,891.58M	36,141.91M	50,361.24M	43,115.75M	38,844.88M	38,635.11M	40,322.58M	41,732.79M	49,429.20M	1,376.92M	1,427.10M	2,563.59M	1,848.84M	1,090.22M	359.35M	790.53M	764.56M	457.08M	827.17M	952.21M	473.35M	612.36M	250.93M	370.60M	621.70M	330.93M
(-) Change In Working Capital	-663,358.95M	-346,516.72M	-270,913.00M	-5,633.79M	-269,512.00M	-324,254.00M	162,367.00M	-30,623.00M	-65,299.00M	-201,593.00M	106,978.00M	-169,525.00M	-69,636.00M	1,513.00M	2,219.00M	-282.00M	1,428.00M	2,723.00M	1,668.00M	-740.00M	-364.00M	165.00M	-552.00M	-25.00M	-68.00M	-33.00M	0.00M	0.00M	0.00M	0.00M
(-) Capital Expenditure	-80,267.95M	-48,137.87M	-28,647.00M	-26,855.87M	-23,576.00M	-24,494.00M	-20,885.00M	-19,626.00M	-16,421.00M	-21,723.00M	-21,842.00M	-24,256.00M	-24,217.00M	-11,473.00M	-19,276.00M	-16,562.00M	-21,238.00M	-14,990.00M	-17,237.00M	-5,950.00M	-2,291.00M	-1,221.00M	-2,538.00M	-954.00M	-772.00M	-2,158.00M	-1,700.00M	-380.00M	-1,099.00M	-1,645.00M
Unlevered Free Cash Flow	1,012,174.40M	541,632.02M	405,324.36M	171,508.12M	448,534.42M	473,476.09M	59,489.76M	167,311.25M	180,777.12M	292,677.89M	-25,432.58M	262,653.21M	209,633.80M	-3,096.92M	-13,283.10M	-5,281.59M	-14,016.84M	-10,926.22M	-11,597.35M	6,665.47M	8,419.44M	4,306.92M	2,729.83M	3,051.79M	4,452.65M	2,415.64M	2,180.07M	3,153.40M	2,976.30M	3,373.07M
(-) Net Interest Income After Taxes	-19,509.33M	-15,926.07M	-9,781.01M	-9,756.32M	-6,936.06M	-6,123.08M	-8,185.72M	-8,182.14M	-7,388.93M	-7,512.18M	-5,131.60M	-5,076.27M	-6,767.08M	-6,580.72M	-847.69M	-332.50M	-286.71M	-537.64M	-568.07M	-50.63M	0.00M	0.00M	-494.30M	-2,127.18M	-733.65M	-1,967.64M	-443.33M	-557.52M	-1,252.87M	0.00M
Net Debt Issuance	1,081,025.21M	140,730.45M	283,908.00M	73,515.44M	-18,082.73M	232,392.00M	62,594.00M	103,166.00M	141,441.00M	109,432.00M	168,665.00M	167,309.00M	84,573.00M	70,013.00M	18,277.00M	13,839.00M	18,053.00M	8,451.00M	27,582.00M	10,456.00M	-3,149.00M	5,484.00M	3,921.00M	1,253.00M	-5,023.00M	-1,102.00M	-3,427.00M	-3,414.00M	-1,343.00M	13,445.00M
Levered Free Cash Flow	2,112,708.93M	698,288.54M	699,013.37M	254,779.88M	437,387.75M	711,991.17M	130,269.48M	278,659.39M	329,607.05M	409,622.07M	148,364.02M	435,038.48M	300,973.88M	73,496.80M	5,841.59M	8,889.91M	4,322.87M	-1,937.58M	16,552.71M	17,172.10M	5,270.44M	9,790.92M	7,145.13M	6,431.97M	163.30M	3,281.29M	-803.60M	296.92M	2,886.17M	16,818.07M