China Gas Holdings Limited (0384.HK)

Industry: Regulated Gas Sector: Utilities Currency Used: HK Live Price: $7.67

Enterprise Value

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Stock Price	7.36	7.12	9.23	9.73	27.43	24.50	29.08	24.38	17.96	11.87	11.67	12.50	8.11	4.00	2.92	4.28	1.84	1.63	2.41	1.39	1.32	0.65	0.92	1.12
Market Capitalization	39,642.47M	38,423.23M	49,979.76M	53,386.47M	146,499.33M	127,851.10M	150,022.64M	125,303.03M	89,699.76M	58,467.68M	59,621.32M	63,953.67M	39,495.79M	18,568.13M	12,494.29M	18,888.75M	6,509.50M	5,988.70M	8,252.67M	3,932.55M	2,434.71M	854.95M	954.35M	361.46M
(-) Cash & Equivalents	10,882.77M	8,641.54M	10,867.85M	12,103.65M	10,156.36M	8,182.70M	11,424.23M	8,957.42M	5,827.07M	4,962.44M	5,273.90M	6,204.24M	5,476.49M	4,802.60M	4,762.82M	3,913.93M	1,798.58M	755.02M	741.47M	863.57M	347.69M	235.91M	46.24M	7.33M
(+) Total Debt	61,740.05M	60,004.78M	59,060.82M	58,889.88M	50,987.53M	41,588.09M	38,399.72M	32,747.99M	24,687.40M	22,120.69M	21,289.10M	20,140.64M	17,381.11M	15,013.73M	15,195.29M	13,832.41M	10,699.39M	9.30M	1,631.00M	1,166.93M	679.77M	296.01M	0.00M	0.00M
Enterprise Value	90,499.76M	89,786.47M	98,172.73M	100,172.70M	187,330.50M	161,256.48M	176,998.12M	149,093.60M	108,560.09M	75,625.93M	75,636.52M	77,890.07M	51,400.42M	28,779.27M	22,926.77M	28,807.22M	15,410.30M	5,242.98M	9,142.20M	4,235.91M	2,766.78M	915.04M	908.11M	354.13M

Income Statement

Metric	TTM	TTM-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Revenue	159,100M	177,315M	79,258M	81,410M	91,988M	88,225M	69,975M	59,540M	59,386M	52,832M	31,993M	29,497M	31,666M	26,008M	21,250M	18,934M	15,862M	10,212M	6,324M	2,552M	1,236M	631M	410M	376M	86M	5M
Cost of Revenue	136,751M	151,828M	67,995M	70,106M	79,954M	72,486M	51,873M	42,443M	45,327M	41,161M	23,616M	22,283M	25,210M	20,722M	16,876M	15,328M	12,951M	8,096M	4,894M	1,806M	816M	325M	163M	208M	64M	4M
Gross Profit	22,349M	25,488M	11,263M	11,304M	12,035M	15,739M	18,102M	17,097M	14,059M	11,671M	8,377M	7,214M	6,456M	5,286M	4,374M	3,606M	2,910M	2,116M	1,429M	746M	420M	305M	247M	168M	21M	1M
Gross Profit Margin	14.0%	14.4%	14.2%	13.9%	13.1%	17.8%	25.9%	28.7%	23.7%	22.1%	26.2%	24.5%	20.4%	20.3%	20.6%	19.0%	18.3%	20.7%	22.6%	29.2%	34.0%	48.4%	60.2%	44.7%	24.9%	26.0%
R&D Expenses	0M	0M	0M	0M	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	11,079M	12,759M	5,552M	5,715M	6,072M	5,835M	5,189M	4,420M	4,262M	3,604M	2,905M	2,649M	2,586M	2,071M	2,165M	1,672M	1,447M	1,052M	799M	343M	174M	145M	76M	52M	34M	7M
Operating Expenses	11,079M	12,759M	5,130M	5,336M	6,000M	5,946M	5,353M	4,416M	1,768M	2,364M	1,839M	2,807M	1,186M	1,007M	1,880M	1,156M	1,194M	910M	1,037M	453M	174M	145M	70M	53M	80M	9M
Operating Income (EBIT)	11,271M	12,728M	6,133M	5,968M	6,034M	9,793M	12,749M	12,681M	12,291M	9,307M	6,538M	4,407M	5,269M	4,279M	2,494M	2,450M	1,716M	1,206M	393M	293M	246M	160M	177M	115M	-59M	-7M
Operating Income Margin	7.1%	7.2%	7.7%	7.3%	6.6%	11.1%	18.2%	21.3%	20.7%	17.6%	20.4%	14.9%	16.6%	16.5%	11.7%	12.9%	10.8%	11.8%	6.2%	11.5%	19.9%	25.4%	43.3%	30.6%	-68.6%	-153.0%
Interest Income	0M	2,874M	215M	381M	301M	283M	153M	152M	176M	100M	69M	69M	95M	57M	77M	79M	0M	35M	36M	0M	0M	0M	0M	0M	0M	0M
Interest Expense	3,755M	4,869M	1,802M	2,122M	1,855M	1,457M	1,419M	1,388M	1,284M	808M	705M	758M	554M	615M	691M	916M	635M	412M	386M	240M	0M	44M	21M	25M	0M	0M
Net Interest Income	-3,755M	-1,996M	-1,587M	-1,740M	-1,554M	-1,174M	-1,266M	-1,236M	-1,108M	-707M	-636M	-689M	-460M	-558M	-614M	-837M	-635M	-377M	-351M	-240M	0M	-44M	-21M	-25M	0M	0M
Unusual Items	2,220M	1,563M	637M	385M	1,314M	733M	999M	304M	0M	0M	0M	0M	0M	0M	628M	8M	16M	344M	163M	127M	-7M	67M	13M	28M	-6M	0M
EBT Excluding Unusual Items	7,515M	10,733M	4,546M	4,228M	4,480M	8,619M	11,483M	11,445M	11,183M	8,600M	5,902M	3,718M	4,810M	3,721M	1,880M	1,613M	1,081M	829M	42M	53M	246M	116M	156M	91M	-59M	-7M
Pre-Tax Income	9,735M	12,296M	5,183M	4,612M	5,794M	9,352M	12,482M	11,749M	11,183M	8,600M	5,902M	3,718M	4,810M	3,721M	2,508M	1,620M	1,097M	1,174M	205M	180M	239M	183M	169M	118M	-65M	-7M
Pre-Tax Margin	6.1%	6.9%	6.5%	5.7%	6.3%	10.6%	17.8%	19.7%	18.8%	16.3%	18.4%	12.6%	15.2%	14.3%	11.8%	8.6%	6.9%	11.5%	3.2%	7.1%	19.4%	29.0%	41.3%	31.4%	-75.8%	-153.0%
Income Tax Expense	1,977M	2,404M	993M	760M	924M	2,004M	2,418M	2,464M	2,198M	1,931M	1,208M	984M	940M	741M	467M	479M	316M	158M	71M	14M	14M	2M	1M	1M	2M	0M
Net Income	5,940M	9,681M	3,252M	3,185M	4,293M	7,662M	10,479M	9,188M	8,224M	6,095M	4,148M	2,273M	3,371M	2,576M	1,764M	954M	626M	876M	104M	166M	226M	180M	132M	80M	-70M	-7M
Net Income Margin	3.7%	5.5%	4.1%	3.9%	4.7%	8.7%	15.0%	15.4%	13.8%	11.5%	13.0%	7.7%	10.6%	9.9%	8.3%	5.0%	3.9%	8.6%	1.6%	6.5%	18.2%	28.6%	32.2%	21.3%	-81.5%	-151.1%
Depreciation & Amortization	4,190M	5,483M	3,015M	2,910M	2,812M	2,593M	2,139M	1,764M	1,326M	1,174M	960M	914M	883M	711M	743M	603M	648M	495M	347M	197M	99M	47M	0M	2M	1M	0M
EBITDA	15,460M	18,211M	9,149M	8,879M	8,846M	12,386M	14,888M	14,445M	13,617M	10,481M	7,498M	5,320M	6,153M	4,990M	3,236M	3,053M	2,364M	1,701M	739M	491M	345M	207M	177M	117M	-58M	-7M
EBITDA Margin	9.7%	10.3%	11.5%	10.9%	9.6%	14.0%	21.3%	24.3%	22.9%	19.8%	23.4%	18.0%	19.4%	19.2%	15.2%	16.1%	14.9%	16.7%	11.7%	19.2%	27.9%	32.8%	43.3%	31.1%	-67.8%	-144.6%
NOPAT	8,981M	10,240M	4,958M	4,985M	5,072M	7,694M	10,280M	10,021M	9,875M	7,218M	5,200M	3,240M	4,239M	3,426M	2,030M	1,727M	1,222M	1,044M	256M	271M	232M	158M	176M	114M	-46M	-6M
NOPAT Margin	5.6%	5.8%	6.3%	6.1%	5.5%	8.7%	14.7%	16.8%	16.6%	13.7%	16.3%	11.0%	13.4%	13.2%	9.6%	9.1%	7.7%	10.2%	4.0%	10.6%	18.8%	25.0%	42.9%	30.3%	-54.2%	-120.8%
Owner's Earnings	-509M	9,282M	1,592M	34M	1,145M	1,246M	4,268M	3,826M	948M	755M	2,042M	-37M	361M	-167M	-592M	-267M	-920M	242M	-1,250M	-859M	-460M	-270M	-638M	-25M	-87M	-7M
Owner's Earnings Margin	-0.3%	5.2%	2.0%	0.0%	1.2%	1.4%	6.1%	6.4%	1.6%	1.4%	6.4%	-0.1%	1.1%	-0.6%	-2.8%	-1.4%	-5.8%	2.4%	-19.8%	-33.6%	-37.2%	-42.8%	-155.6%	-6.7%	-101.9%	-142.8%
EPS (Basic)	1.11	1.77	0.60	0.59	0.80	1.39	2.01	1.76	1.63	1.23	0.85	0.46	0.67	0.54	0.39	0.22	0.16	0.26	0.03	0.04	0.07	0.06	0.05	0.06	-0.07	-0.02
EPS (Diluted)	1.10	1.78	0.60	0.59	0.80	1.39	2.01	1.76	1.63	1.20	0.85	0.46	0.65	0.52	0.37	0.21	0.15	0.23	0.03	0.05	0.07	0.06	0.07	0.06	-0.07	-0.02
Shares (Basic)	5,395M	5,450M	5,385M	5,384M	5,388M	5,498M	5,215M	5,219M	5,051M	4,969M	4,908M	4,965M	5,009M	4,807M	4,786M	4,642M	4,286M	3,786M	3,538M	3,523M	3,432M	2,829M	1,844M	1,302M	1,043M	324M
Shares (Diluted)	5,399M	5,450M	5,385M	5,384M	5,388M	5,498M	5,215M	5,219M	5,052M	5,078M	4,908M	4,965M	5,148M	4,990M	4,786M	4,642M	4,286M	3,786M	3,538M	3,523M	3,432M	2,829M	1,894M	1,325M	1,043M	324M

Balance Sheet

Metric	MRQ	MRQ-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Cash & Cash Equivalents	12,912.19M	8,853.35M	8,853.35M	8,094.34M	10,617.69M	10,188.49M	8,571.62M	7,655.78M	13,238.93M	8,246.32M	4,724.65M	5,496.94M	5,228.50M	6,453.90M	4,298.10M	4,817.77M	5,081.59M	3,872.32M	2,048.70M	1,510.04M	1,482.93M	1,727.13M	695.39M	471.82M	92.48M	14.66M
Short-Term Investments	54.09M	35.60M	35.60M	27.59M	104.54M	104.64M	686.63M	1.00M	1.78M	48.08M	27.40M	11.36M	10.97M	8.81M	11.11M	10.89M	11.95M	15.47M	11.54M	53.05M	91.14M	27.66M	14.43M	14.80M	0.00M	0.00M
Cash & Short-Term Investments	12,966.28M	8,888.95M	8,888.95M	8,121.92M	10,722.22M	10,293.12M	9,258.25M	7,656.78M	13,240.71M	8,294.40M	4,752.05M	5,508.31M	5,239.46M	6,462.71M	4,309.21M	4,828.66M	5,093.54M	3,887.78M	2,060.24M	1,563.09M	1,574.07M	1,754.79M	709.82M	486.62M	92.48M	14.66M
Net Receivables	24,288.97M	23,530.08M	23,530.08M	17,937.91M	28,187.62M	32,079.28M	29,827.96M	23,895.30M	16,562.13M	6,895.07M	3,779.34M	2,609.29M	2,138.40M	2,563.28M	1,925.47M	2,119.45M	1,707.37M	1,733.53M	1,437.02M	1,146.43M	0.00M	802.58M	453.33M	434.65M	77.21M	0.23M
Inventory	9,606.27M	4,284.70M	4,284.70M	7,798.58M	12,085.25M	11,767.29M	10,516.55M	7,246.35M	5,297.31M	4,856.24M	1,678.89M	1,213.12M	1,198.88M	1,207.28M	1,122.84M	1,743.37M	1,076.53M	564.16M	540.90M	285.53M	137.03M	108.02M	38.83M	12.71M	14.06M	0.00M
Other Current Assets	17.53M	1,038.82M	1,038.82M	9,975.31M	7,949.24M	6,416.15M	6,771.41M	6,068.04M	5,998.91M	4,371.14M	4,772.38M	3,965.61M	4,126.19M	4,175.21M	216.44M	0.00M	0.00M	-176.42M	2,451.76M	158.85M	0.00M	0.00M	-18.44M	0.00M	68.87M	33.70M
Total Current Assets	46,879.05M	37,742.55M	37,742.55M	43,833.72M	58,944.33M	60,555.85M	56,374.16M	44,866.48M	41,099.06M	24,416.85M	14,982.65M	13,296.32M	12,702.93M	14,408.48M	7,573.96M	8,691.49M	7,877.44M	6,009.05M	6,489.92M	3,153.91M	1,711.10M	2,665.39M	1,183.54M	933.99M	252.61M	48.59M
Property, Plant & Equipment	72,494.18M	71,237.74M	71,237.74M	70,182.88M	71,026.39M	73,043.98M	62,992.11M	49,278.72M	43,520.87M	34,361.34M	26,098.61M	23,040.06M	21,378.00M	18,089.69M	17,523.25M	14,423.60M	13,799.67M	11,064.34M	9,239.78M	5,913.87M	3,278.95M	2,028.16M	1,296.81M	247.09M	187.57M	24.18M
Goodwill	3,036.13M	2,989.85M	2,989.85M	3,078.35M	3,230.14M	3,473.23M	3,298.39M	3,010.00M	3,130.11M	3,079.62M	2,725.60M	2,479.99M	2,505.69M	2,337.44M	1,209.28M	1,038.59M	1,565.60M	900.58M	633.62M	418.25M	299.97M	275.38M	209.39M	107.13M	20.13M	0.00M
Intangible Assets	2,981.20M	3,031.17M	3,031.17M	3,244.55M	6,831.45M	7,525.91M	7,128.34M	6,623.13M	3,631.74M	3,903.02M	3,718.43M	3,060.22M	3,064.50M	1,984.33M	2,399.36M	1,281.45M	1,401.68M	1,254.68M	320.30M	319.66M	83.01M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	23,996.63M	24,874.10M	24,874.10M	25,389.41M	26,095.03M	25,920.20M	19,022.58M	16,189.08M	14,514.63M	12,757.58M	9,902.18M	9,114.36M	8,794.29M	6,966.71M	2,719.98M	2,352.01M	1,083.44M	1,040.55M	1,036.78M	232.67M	7.29M	28.60M	25.94M	0.00M	0.00M	0.00M
Tax Assets	1,437.56M	1,438.74M	1,438.74M	1,459.04M	1,012.27M	705.01M	488.58M	259.63M	229.96M	224.33M	160.62M	166.11M	124.49M	110.80M	97.24M	94.07M	91.47M	88.16M	56.89M	34.20M	91.14M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	85.67M	101.46M	101.46M	96.32M	-3,124.50M	-2,945.34M	-2,603.50M	-2,770.17M	-229.96M	-224.33M	-160.62M	-166.11M	-124.49M	-110.80M	443.54M	1,900.29M	2,445.85M	1,565.32M	1,584.13M	979.29M	-1,203.51M	94.43M	17.50M	54.07M	43.39M	36.20M
Other Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	3,498.80M	3,079.13M	2,414.09M	2,191.72M	1,913.96M	1,954.25M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Non-Current Assets	104,031.35M	103,673.07M	103,673.07M	103,450.55M	105,070.77M	107,722.98M	90,326.49M	72,590.38M	68,296.15M	57,180.70M	44,858.91M	39,886.34M	37,656.43M	31,332.42M	24,392.65M	21,090.00M	20,387.70M	15,913.61M	12,871.49M	7,897.93M	2,556.84M	2,426.57M	1,549.65M	408.29M	251.09M	60.38M
Total Assets	150,910.40M	141,415.62M	141,415.62M	147,284.26M	164,015.10M	168,278.83M	146,700.65M	117,456.86M	109,395.21M	81,597.55M	59,841.56M	53,182.67M	50,359.36M	45,740.90M	31,966.60M	29,781.49M	28,265.14M	21,922.67M	19,361.41M	11,051.84M	4,267.95M	5,091.96M	2,733.19M	1,342.28M	503.71M	108.97M
Accounts Payable	12,539.27M	13,779.50M	13,779.50M	13,418.20M	14,876.03M	16,429.78M	15,392.71M	13,575.90M	17,902.43M	7,469.98M	5,006.24M	4,919.19M	3,218.56M	2,551.68M	1,891.36M	2,302.68M	2,195.23M	23.87M	121.74M	359.67M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Short-Term Debt	22,073.68M	21,082.00M	21,082.00M	23,043.42M	21,907.61M	22,142.60M	17,271.91M	24,151.35M	16,407.52M	11,079.29M	10,873.26M	10,329.49M	3,919.63M	5,763.35M	8,445.19M	8,963.39M	7,317.88M	5,294.76M	3,203.60M	18.60M	746.10M	395.03M	208.74M	278.49M	0.00M	0.00M
Tax Payables	0.00M	480.09M	480.09M	606.66M	806.27M	1,269.25M	1,021.29M	1,245.94M	1,244.99M	1,099.85M	595.99M	470.86M	426.32M	331.14M	235.60M	189.34M	149.59M	146.16M	51.73M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	7,317.57M	0.00M	0.00M	0.00M	9,080.13M	9,443.07M	8,037.26M	5,997.66M	5,167.59M	4,153.26M	3,035.70M	2,543.18M	-3,918.55M	-5,760.68M	235.60M	189.34M	149.59M	-1,942.71M	51.73M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Liabilities	3,981.00M	8,223.19M	8,223.19M	8,597.02M	4,474.04M	4,720.23M	3,739.12M	3,930.74M	6,973.00M	4,310.61M	2,991.95M	713.35M	3,319.70M	2,916.88M	1,880.30M	2,569.96M	2,490.30M	1,688.73M	1,114.86M	1,158.29M	718.81M	1.78M	75.73M	0.38M	166.06M	2.38M
Total Current Liabilities	45,911.52M	43,564.78M	43,564.78M	45,665.29M	51,144.08M	54,004.92M	45,462.28M	48,901.60M	47,695.54M	28,112.99M	22,503.13M	18,976.07M	6,965.65M	5,802.38M	12,688.06M	14,214.71M	12,302.59M	5,210.81M	4,543.67M	1,536.56M	1,464.90M	396.82M	284.47M	278.87M	166.06M	2.38M
Long-Term Debt	40,858.19M	39,148.80M	39,148.80M	36,021.94M	38,103.19M	33,986.49M	31,717.47M	15,568.44M	21,491.39M	21,293.13M	12,745.18M	12,009.70M	16,817.01M	14,192.19M	6,355.83M	6,406.78M	7,720.33M	7,984.05M	7,208.89M	5,963.55M	2,515.91M	1,938.76M	1,150.52M	313.23M	87.44M	0.00M
Capital Lease Obligations	0.00M	193.51M	193.51M	173.05M	1,175.34M	1,356.12M	1,505.84M	1,505.84M	157.87M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.06M	0.19M	0.00M	0.00M	0.00M
Deferred Tax Liabilities	1,274.42M	1,313.85M	1,313.85M	1,431.28M	1,442.10M	1,447.44M	1,319.93M	1,226.33M	971.06M	933.20M	950.66M	756.19M	734.79M	631.38M	545.00M	526.74M	526.44M	503.30M	262.50M	105.15M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-157.87M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	10.63M	393.89M	716.68M	0.00M	-1,477.31M	-545.35M	132.93M	82.44M	0.00M	0.00M
Total Non-Current Liabilities	42,132.60M	40,656.16M	40,656.16M	37,626.26M	40,720.63M	36,790.05M	34,543.24M	18,300.61M	22,462.45M	22,226.33M	13,695.84M	12,765.89M	17,551.79M	14,823.56M	6,900.83M	6,933.52M	8,257.40M	8,881.23M	8,188.07M	6,068.70M	1,038.60M	1,393.48M	1,283.63M	395.67M	87.44M	0.00M
Total Liabilities	88,044.12M	84,220.94M	84,220.94M	83,291.55M	91,864.71M	90,794.97M	80,005.52M	67,202.21M	70,157.99M	50,339.32M	36,198.97M	31,741.96M	24,517.45M	20,625.94M	19,588.89M	21,148.23M	20,559.98M	14,092.04M	12,731.74M	7,605.26M	2,503.50M	1,790.30M	1,568.11M	674.54M	253.50M	2.38M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	264.37M	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	54.48M	54.48M	54.48M	54.36M	54.40M	54.40M	52.12M	52.19M	52.19M	49.69M	49.69M	49.10M	50.02M	49.95M	45.70M	43.83M	43.83M	33.61M	33.34M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Retained Earnings	0.00M	41,860.12M	41,860.12M	41,471.16M	41,421.08M	40,559.73M	36,690.99M	29,492.04M	24,696.33M	18,795.44M	14,091.47M	10,898.08M	9,566.60M	6,800.32M	4,198.47M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accumulated OCI	0.00M	0.00M	0.00M	0.00M	-2,765.75M	2,688.16M	3,671.55M	-1,594.29M	666.58M	3,376.87M	-264.37M	816.42M	759.06M	743.47M	-2,946.00M	-2,227.93M	-1,741.73M	4,089.41M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Minority Interest	7,393.26M	6,862.01M	6,862.01M	6,819.70M	6,889.80M	8,491.26M	7,927.27M	6,194.99M	5,471.54M	4,274.10M	3,396.35M	3,111.56M	3,039.18M	2,373.52M	1,352.09M	1,056.78M	1,573.48M	1,107.22M	794.00M	556.17M	333.36M	255.31M	97.36M	91.12M	59.73M	0.00M
Total Shareholders’ Equity	54.48M	41,914.60M	41,914.60M	41,525.51M	38,709.73M	43,302.30M	40,414.67M	27,949.94M	25,415.10M	22,221.99M	14,141.16M	11,763.61M	10,375.68M	7,593.74M	1,298.16M	-2,184.10M	-1,697.90M	4,123.02M	33.34M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Equity	7,447.74M	48,776.61M	48,776.61M	48,345.21M	45,599.52M	51,793.56M	48,341.94M	34,144.92M	30,886.64M	26,496.10M	17,537.50M	14,875.16M	13,414.87M	9,967.26M	2,650.25M	-1,127.33M	-124.42M	5,230.24M	827.34M	556.17M	333.36M	255.31M	97.36M	91.12M	59.73M	0.00M
Total Liabilities & Equity	95,491.87M	132,997.55M	132,997.55M	131,636.77M	137,464.23M	142,588.53M	128,347.46M	101,347.14M	101,044.62M	76,835.41M	53,736.47M	46,617.13M	37,932.31M	30,593.21M	22,239.15M	20,020.90M	20,435.57M	19,322.27M	13,559.08M	8,161.43M	2,836.86M	2,045.60M	1,665.47M	765.67M	313.23M	2.38M
Tangible Assets	144,893.08M	135,394.59M	135,394.59M	140,961.36M	153,953.51M	157,279.70M	136,273.93M	107,823.73M	102,633.36M	74,614.90M	53,397.53M	47,642.45M	44,789.17M	41,419.13M	28,357.97M	27,461.45M	25,297.86M	19,767.41M	18,407.49M	10,313.93M	3,884.97M	4,816.59M	2,523.80M	1,235.15M	483.58M	108.97M
Tangible Equity	1,430.42M	42,755.59M	42,755.59M	42,022.31M	35,537.94M	40,794.42M	37,915.22M	24,511.80M	24,124.79M	19,513.45M	11,093.47M	9,334.95M	7,844.68M	5,645.50M	-958.38M	-3,447.37M	-3,091.69M	3,074.99M	-126.58M	-181.73M	-49.61M	-20.07M	-112.03M	-16.01M	39.60M	0.00M
Tangible Book Value	1,430.42M	42,755.59M	42,755.59M	42,022.31M	35,537.94M	40,794.42M	37,915.22M	24,511.80M	24,124.79M	19,513.45M	11,093.47M	9,334.95M	7,844.68M	5,645.50M	-958.38M	-3,447.37M	-3,091.69M	3,074.99M	-126.58M	-181.73M	-49.61M	-20.07M	-112.03M	-16.01M	39.60M	0.00M
Total Investments	24,050.72M	24,909.70M	24,909.70M	25,417.00M	26,199.56M	26,024.84M	19,709.21M	16,190.08M	14,516.41M	12,805.66M	9,929.58M	9,125.72M	8,805.25M	6,975.53M	2,731.09M	2,362.90M	1,095.39M	1,040.55M	1,048.33M	232.67M	98.43M	56.26M	25.94M	14.80M	7.19M	0.00M
Net Debt	50,019.68M	51,377.45M	51,377.45M	50,971.02M	49,393.12M	45,940.60M	40,417.75M	32,064.02M	24,659.98M	24,126.10M	18,893.79M	16,842.25M	15,508.14M	13,501.64M	10,502.93M	10,552.40M	9,956.62M	9,406.49M	8,363.79M	4,472.10M	1,779.07M	606.67M	663.87M	119.90M	-5.03M	-14.66M

Capital Metrics

Metric	MRQ	MRQ-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Working Capital	1,646.5M	-2,354.8M	-2,354.8M	-5,135.1M	440.2M	1,136.2M	4,080.9M	-9,837.8M	-5,041.1M	-2,224.3M	-7,216.5M	-6,156.3M	1,330.9M	1,648.2M	-4,148.2M	-3,280.0M	-1,802.8M	-1,802.1M	-666.2M	1,846.2M	1,166.8M	1,877.5M	819.8M	581.4M	40.8M	43.5M
Total Capital	119,083.9M	114,289.0M	114,289.0M	113,166.1M	119,287.4M	121,276.9M	102,641.7M	79,527.0M	73,220.0M	60,828.4M	44,168.7M	40,187.3M	39,131.9M	35,736.4M	27,429.5M	25,189.8M	23,797.8M	17,439.1M	13,536.0M	3,137.9M	5,609.9M	4,199.3M	2,348.1M	1,094.7M	144.7M	103.9M
Capital Employed	105,677.9M	101,318.3M	101,318.3M	98,315.5M	105,511.0M	108,859.2M	94,407.4M	62,752.6M	63,255.0M	54,956.4M	37,642.4M	33,730.0M	38,987.3M	32,980.6M	20,244.4M	17,810.0M	18,584.9M	14,111.5M	12,205.3M	9,744.2M	3,723.7M	4,304.0M	2,369.5M	989.7M	291.9M	103.9M
Invested Capital	106,171.7M	105,435.7M	105,435.7M	105,071.7M	108,669.7M	111,088.4M	94,070.1M	71,871.2M	59,981.0M	52,582.1M	39,444.0M	34,690.3M	33,903.4M	29,282.5M	23,131.4M	20,372.1M	18,716.3M	13,566.8M	11,487.3M	1,627.8M	4,126.9M	2,472.2M	1,652.7M	622.9M	52.2M	89.3M

Cash Flow Statement

Metric	TTM	TTM-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Net Income	6,436.55M	11,955.52M	5,183.18M	4,612.45M	4,293.48M	7,662.04M	10,478.68M	9,188.47M	8,224.38M	6,095.15M	4,147.73M	2,273.12M	3,371.05M	2,575.51M	2,507.95M	1,620.42M	1,097.04M	1,173.62M	205.43M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Depreciation & Amortization	5,825.92M	5,404.71M	3,015.43M	2,910.50M	2,812.16M	2,592.54M	2,139.05M	1,764.26M	1,325.78M	1,174.29M	959.80M	913.52M	883.42M	711.35M	742.50M	603.23M	647.97M	494.69M	346.60M	197.32M	98.90M	46.87M	0.00M	1.96M	0.65M	0.00M
Deferred Income Tax	0.00M	-3,920.76M	0.00M	0.00M	-4,194.63M	0.00M	0.00M	0.00M	5,424.84M	4,487.23M	0.00M	0.00M	0.00M	0.00M	-900.10M	-462.25M	-338.72M	-452.09M	-59.43M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Stock-Based Compensation	5.73M	0.35M	2.92M	2.81M	0.35M	0.00M	0.00M	0.00M	63.14M	644.32M	0.00M	0.00M	0.00M	0.00M	4.92M	19.41M	37.50M	32.87M	6.98M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	3,657.14M	-1,704.38M	-1,635.69M	3,384.10M	1,866.18M	-1,679.24M	-4,276.09M	-6,220.21M	-5,487.97M	-5,131.55M	-1,726.28M	-447.00M	-851.15M	-1,143.13M	347.45M	-1,069.68M	8.73M	-513.03M	-25.54M	-105.52M	-163.09M	-160.95M	-147.51M	-281.17M	-53.15M	0.74M
Accounts Receivable	-497.77M	488.63M	-1,224.81M	3,733.04M	2,271.83M	-3,094.18M	-4,658.34M	-3,859.74M	-5,254.53M	-3,898.14M	-1,423.83M	-377.63M	-860.31M	-1,222.98M	-602.44M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Inventory	1,149.54M	-745.40M	398.23M	751.31M	-562.75M	-182.65M	-1,690.50M	99.01M	-233.45M	-1,233.41M	-302.45M	-69.37M	9.16M	79.85M	664.15M	-684.84M	-419.22M	4.63M	55.11M	-113.67M	-8.31M	-7.07M	-25.64M	-8.83M	-7.29M	0.00M
Accounts Payable	0.00M	0.00M	0.00M	-1,157.62M	-279.04M	729.40M	419.98M	-3,655.30M	11,317.17M	3,153.55M	-30.52M	1,579.81M	0.00M	0.00M	602.44M	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	3,005.36M	-1,447.60M	-809.11M	57.37M	436.14M	868.20M	1,652.77M	1,195.82M	-11,317.17M	-3,153.55M	30.52M	-1,579.81M	76.01M	-29.15M	285.75M	-384.84M	427.95M	-517.66M	-80.66M	8.15M	-154.78M	-153.89M	-121.87M	-272.34M	-45.86M	0.00M
Other Non-Cash Items	4,688.02M	10,044.39M	-124.88M	430.34M	3,482.34M	-240.02M	-1,108.45M	235.40M	566.61M	-823.73M	735.05M	3,122.43M	1,249.45M	1,239.34M	678.87M	800.84M	627.56M	515.77M	549.34M	539.85M	233.34M	158.57M	181.81M	103.30M	-17.36M	-6.55M
Net Cash from Operating Activities	17,781.15M	16,595.21M	6,440.96M	11,340.20M	8,259.88M	8,335.32M	7,233.20M	4,967.92M	10,116.77M	6,445.71M	4,116.30M	5,862.08M	4,652.78M	3,383.07M	3,381.60M	1,511.97M	2,080.08M	1,251.83M	1,023.38M	631.65M	169.15M	44.49M	34.30M	-175.91M	-69.85M	-5.81M
Capital Expenditures (PPE)	-10,638.85M	-5,881.30M	-4,674.73M	-6,001.22M	-5,960.29M	-9,009.04M	-8,349.86M	-7,126.58M	-8,602.50M	-6,514.36M	-3,065.37M	-3,223.15M	-3,893.18M	-3,453.36M	-3,099.02M	-1,824.35M	-2,193.73M	-1,128.70M	-1,700.70M	-1,222.25M	-784.77M	-496.99M	-770.34M	-107.27M	-18.11M	0.00M
Acquisitions (Net)	-6.19M	732.49M	408.15M	447.83M	-1,740.00M	-2,799.51M	-355.00M	-504.01M	228.32M	7.86M	-294.98M	-279.76M	-1,369.48M	-1,694.58M	-125.92M	-116.30M	48.66M	-572.83M	-352.10M	-0.32M	-207.80M	-53.59M	-175.37M	0.00M	0.00M	0.00M
Purchases of Investments	0.00M	0.00M	-141.97M	-28.18M	-2,546.97M	-4,127.40M	-290.25M	-1,753.72M	-3,162.58M	-720.12M	-201.18M	-408.28M	-44.63M	-128.09M	-0.41M	0.00M	-3.74M	-43.74M	75.83M	4.49M	0.00M	-17.53M	0.00M	0.00M	0.00M	0.00M
Sales / Maturities of Investments	0.00M	0.00M	26.16M	1,013.03M	162.38M	82.90M	86.38M	24.16M	467.06M	3.50M	12.70M	22.45M	0.62M	5.98M	31.62M	0.00M	7.75M	41.67M	33.53M	5.57M	0.00M	124.84M	0.00M	0.00M	0.00M	0.00M
Other Investing Activities	1,813.69M	-8,874.80M	2,602.47M	-2,482.88M	-13.95M	-7.65M	21.72M	-47.09M	37.70M	54.98M	-563.34M	-112.71M	136.48M	128.99M	77.51M	816.28M	-1,369.82M	108.82M	-40.08M	-1,359.85M	-349.19M	-120.83M	25.37M	-12.24M	-58.92M	1.12M
Net Cash from Investing Activities	-8,831.35M	-25,945.57M	-1,779.93M	-7,051.42M	-10,084.88M	-15,860.69M	-8,887.00M	-9,407.25M	-11,032.00M	-7,168.14M	-4,112.16M	-4,001.45M	-5,170.19M	-5,141.07M	-3,116.21M	-1,124.37M	-3,510.88M	-1,594.78M	-1,983.52M	-2,572.36M	-1,341.76M	-564.10M	-920.33M	-119.52M	-77.02M	1.12M
Net Debt Issuance	0.00M	0.00M	2,189.61M	388.90M	6,919.82M	5,325.30M	6,055.18M	3,434.53M	6,829.36M	7,509.27M	1,430.11M	1,692.87M	768.14M	4,729.55M	-58.37M	639.92M	548.32M	2,768.12M	1,878.95M	2,037.29M	674.03M	757.08M	671.37M	432.99M	199.57M	0.00M
Long-Term Debt Issuance	0.00M	0.00M	2,189.61M	388.90M	6,919.82M	5,325.30M	6,055.18M	3,434.53M	6,829.36M	7,509.27M	1,430.11M	1,692.87M	768.14M	4,729.55M	-33.19M	639.92M	548.32M	2,768.12M	1,878.95M	2,037.29M	674.03M	757.08M	671.37M	432.99M	199.57M	0.00M
Short-Term Debt Issuance	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	-25.17M	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	7,670.57M	0.00M	-43.91M	0.00M	7,670.57M	-132.90M	0.00M	3,156.14M	0.00M	-538.60M	-947.27M	-232.76M	497.61M	193.36M	42.22M	3,194.54M	23.66M	1.72M	49.61M	208.21M	731.48M	318.34M	217.30M	30.11M	18.91M
Common Stock Issuance	0.00M	11,602.79M	0.00M	0.00M	0.00M	11,602.79M	0.00M	0.00M	3,367.85M	0.00M	0.00M	0.00M	48.30M	497.61M	193.36M	42.22M	3,194.54M	23.66M	1.72M	49.61M	208.21M	731.48M	318.34M	217.30M	30.11M	18.91M
Common Stock Repurchased	-43.91M	-5,198.17M	0.00M	-43.91M	0.00M	-3,932.23M	-132.90M	0.00M	-211.71M	0.00M	-538.60M	-947.27M	-232.76M	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
Preferred Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-48.30M	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	-5,629.24M	-8,563.50M	-2,637.77M	-2,991.47M	-2,992.19M	-3,062.45M	-2,608.66M	-2,400.64M	-1,776.86M	-1,391.19M	-953.82M	-942.09M	-605.54M	-410.79M	-277.66M	-96.40M	-61.08M	-78.75M	-40.00M	-38.62M	-29.24M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Dividends Paid	-5,629.24M	-8,563.50M	-2,637.77M	-2,991.47M	-2,992.19M	-3,062.45M	-2,608.66M	-2,400.64M	-1,776.86M	-1,391.19M	-953.82M	-942.09M	-605.54M	-410.79M	-277.66M	-96.40M	-61.08M	-46.68M	-40.00M	-38.62M	-29.24M	0.00M	0.00M	0.00M	0.00M	0.00M
Preferred Dividends Paid	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	-47.06M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Financing Activities	-4,042.13M	8,261.58M	-3,358.96M	-3,217.76M	-982.51M	-1,150.96M	-2,448.03M	-1,916.89M	-1,874.08M	-2,209.92M	-458.03M	-1,130.86M	-638.30M	-590.86M	-724.38M	-1,300.33M	-481.72M	-130.88M	-340.09M	-197.96M	-19.84M	86.24M	141.62M	22.40M	-6.17M	0.00M
Net Cash from Financing Activities	-9,671.36M	11,727.58M	-3,807.12M	-5,864.25M	2,945.13M	8,782.45M	2,566.88M	-883.00M	6,334.56M	3,908.17M	-520.33M	-1,327.34M	-708.45M	4,225.50M	-867.04M	-714.59M	2,573.94M	2,158.62M	1,453.53M	1,850.32M	833.17M	1,538.80M	1,108.76M	672.68M	223.51M	18.91M
Effect of FX on Cash	-864.08M	-326.88M	-94.90M	-769.18M	-677.71M	350.83M	354.85M	-489.58M	-426.71M	335.93M	-256.10M	-264.84M	0.46M	27.21M	81.98M	63.18M	66.13M	7.95M	45.26M	117.51M	95.25M	-4.08M	0.84M	2.08M	1.18M	0.00M
Net Change in Cash	-2,201.70M	2,046.07M	759.01M	-2,344.65M	429.20M	1,616.87M	915.84M	-5,826.54M	4,992.61M	3,521.68M	-772.30M	268.44M	-1,225.40M	2,494.71M	-519.67M	-263.82M	1,209.27M	1,823.62M	538.65M	27.11M	-244.20M	1,015.12M	223.57M	379.35M	77.81M	14.22M
Cash at Beginning of Period	30,788.80M	44,520.01M	8,094.34M	10,438.99M	10,188.49M	8,571.62M	7,655.78M	13,482.31M	8,246.32M	4,724.65M	5,496.94M	5,228.50M	6,453.90M	3,959.19M	4,817.77M	5,081.59M	3,872.32M	2,048.70M	1,510.04M	1,482.93M	1,727.13M	712.02M	471.82M	92.48M	14.66M	0.44M
Cash at End of Period	28,587.10M	46,566.08M	8,853.35M	8,094.34M	10,617.69M	10,188.49M	8,571.62M	7,655.78M	13,238.93M	8,246.32M	4,724.65M	5,496.94M	5,228.50M	6,453.90M	4,298.10M	4,817.77M	5,081.59M	3,872.32M	2,048.70M	1,510.04M	1,482.93M	1,727.13M	695.39M	471.82M	92.48M	14.66M
Operating Cash Flow	17,781.15M	16,595.21M	6,440.96M	11,340.20M	8,259.88M	8,335.32M	7,233.20M	4,967.92M	10,116.77M	6,445.71M	4,116.30M	5,862.08M	4,652.78M	3,383.07M	3,381.60M	1,511.97M	2,080.08M	1,251.83M	1,023.38M	631.65M	169.15M	44.49M	34.30M	-175.91M	-69.85M	-5.81M
Capital Expenditure	-10,638.85M	-5,881.30M	-4,674.73M	-6,061.85M	-5,960.29M	-9,009.04M	-8,349.86M	-7,126.58M	-8,602.50M	-6,514.36M	-3,065.37M	-3,223.15M	-3,893.18M	-3,453.36M	-3,099.02M	-1,824.35M	-2,193.73M	-1,128.70M	-1,700.70M	-1,222.25M	-784.77M	-496.99M	-770.34M	-107.27M	-18.11M	0.00M
Free Cash Flow	7,142.30M	10,713.91M	1,766.23M	5,278.34M	2,299.59M	-673.72M	-1,116.66M	-2,158.66M	1,514.27M	-68.64M	1,050.93M	2,638.93M	759.60M	-70.29M	282.58M	-312.38M	-113.65M	123.13M	-677.32M	-590.61M	-615.62M	-452.50M	-736.03M	-283.18M	-87.96M	-5.81M

Free Cash Flow

Metric	TTM	TTM-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
EBITDA	16,658.40M	20,775.21M	8,726.29M	8,500.11M	8,775.34M	12,496.96M	15,051.93M	14,441.50M	11,122.74M	9,241.79M	6,431.88M	5,478.36M	4,753.60M	3,926.02M	2,951.37M	2,536.84M	2,111.74M	1,559.31M	977.06M	600.88M	345.23M	206.97M	171.59M	118.24M	-12.22M	-5.29M
(-) Tax Adjustment	3,082.49M	4,016.22M	1,672.13M	1,399.76M	1,398.78M	2,678.51M	2,915.55M	3,029.13M	2,186.62M	2,074.85M	1,315.87M	1,450.61M	929.08M	782.23M	549.13M	749.12M	607.74M	210.08M	339.93M	45.98M	19.89M	2.81M	1.49M	1.34M	0.00M	-0.06M
(-) Change In Working Capital	3,657.14M	-1,704.38M	-1,635.69M	3,384.10M	1,866.18M	-1,679.24M	-4,276.09M	-6,220.21M	-5,487.97M	-5,131.55M	-1,726.28M	-447.00M	-851.15M	-1,143.13M	347.45M	-1,069.68M	8.73M	-513.03M	-25.54M	-105.52M	-163.09M	-160.95M	-147.51M	-281.17M	-53.15M	0.74M
(-) Capital Expenditure	-10,638.85M	-5,881.30M	-4,674.73M	-6,061.85M	-5,960.29M	-9,009.04M	-8,349.86M	-7,126.58M	-8,602.50M	-6,514.36M	-3,065.37M	-3,223.15M	-3,893.18M	-3,453.36M	-3,099.02M	-1,824.35M	-2,193.73M	-1,128.70M	-1,700.70M	-1,222.25M	-784.77M	-496.99M	-770.34M	-107.27M	-18.11M	0.00M
Unlevered Free Cash Flow	-720.08M	12,582.07M	4,015.12M	-2,345.60M	-449.91M	2,488.65M	8,062.61M	10,505.99M	5,821.58M	5,784.13M	3,776.92M	1,251.60M	782.49M	833.55M	-1,044.24M	1,033.05M	-698.45M	733.56M	-1,038.03M	-561.83M	-296.34M	-131.88M	-452.73M	290.79M	22.82M	-5.96M
(-) Net Interest Income After Taxes	-2,746.09M	-1,486.95M	-1,283.22M	-1,453.82M	-1,306.35M	-922.32M	-1,020.94M	-976.81M	-890.22M	-548.55M	-505.67M	-506.54M	-369.74M	-446.95M	-499.80M	-589.95M	-452.27M	-325.99M	-228.56M	-221.66M	0.00M	-43.61M	-21.08M	-24.32M	0.00M	0.00M
Net Debt Issuance	0.00M	0.00M	2,189.61M	388.90M	6,919.82M	5,325.30M	6,055.18M	3,434.53M	6,829.36M	7,509.27M	1,430.11M	1,692.87M	768.14M	4,729.55M	-58.37M	639.92M	548.32M	2,768.12M	1,878.95M	2,037.29M	674.03M	757.08M	671.37M	432.99M	199.57M	0.00M
Levered Free Cash Flow	2,026.02M	14,069.01M	7,487.94M	-502.89M	7,776.26M	8,736.26M	15,138.72M	14,917.33M	13,541.17M	13,841.95M	5,712.70M	3,451.01M	1,920.37M	6,010.05M	-602.81M	2,262.92M	302.14M	3,827.67M	1,069.49M	1,697.12M	377.69M	668.80M	239.73M	748.10M	222.39M	-5.96M