COSCO SHIPPING International (Hong Kong) Co., Ltd. (0517.HK)

Industry: Marine Shipping Sector: Industrials Currency Used: HK Live Price: $6.43

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
Stock Price	4.04	2.84	2.35	2.43	2.34	2.26	2.84	3.10	3.70	4.53	3.18	3.24	3.19	3.82	4.22	3.60	2.62	6.62	2.24	1.16	1.17	0.66	0.54	0.77	0.77	1.37	1.37
Market Capitalization	5,915.20M	4,174.48M	3,586.01M	3,717.42M	3,579.45M	3,456.81M	4,345.95M	4,744.52M	5,666.08M	6,978.39M	4,885.17M	4,951.05M	4,844.90M	5,835.77M	6,418.92M	5,433.94M	3,924.47M	9,831.77M	3,252.20M	1,659.62M	1,650.03M	923.75M	745.94M	1,069.71M	1,056.95M	1,873.72M	1,812.27M
(-) Cash & Equivalents	767.91M	6,167.87M	3,533.46M	3,664.19M	3,754.71M	3,488.59M	746.94M	786.96M	676.00M	822.47M	1,089.28M	5,948.34M	5,580.22M	5,558.63M	3,832.59M	1,236.71M	686.99M	515.67M	431.09M	637.04M	281.44M	277.47M	243.06M	243.97M	184.91M	194.29M	226.72M
(+) Total Debt	16.73M	14.30M	16.12M	94.63M	94.47M	70.97M	64.34M	34.57M	42.70M	27.72M	25.07M	63.89M	26.97M	176.76M	209.46M	60.03M	158.48M	108.41M	39.26M	53.33M	494.25M	467.56M	553.14M	733.68M	997.85M	839.17M	183.08M
Enterprise Value	5,164.02M	-1,979.09M	68.67M	147.86M	-80.78M	39.19M	3,663.35M	3,992.13M	5,032.78M	6,183.64M	3,820.97M	-933.40M	-708.34M	453.90M	2,795.79M	4,257.26M	3,395.96M	9,424.50M	2,860.37M	1,075.91M	1,862.85M	1,113.84M	1,056.03M	1,559.42M	1,869.89M	2,518.61M	1,768.63M

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
Revenue	7,282M	7,885M	3,627M	3,342M	3,963M	4,534M	3,443M	3,266M	9,522M	8,786M	7,430M	6,000M	7,588M	9,308M	10,006M	10,656M	8,667M	1,630M	2,101M	2,309M	1,866M	1,511M	1,688M	940M	584M	1,845M	1,473M	1,986M	801M
Cost of Revenue	5,627M	6,491M	2,791M	2,693M	3,319M	3,779M	2,832M	2,720M	8,947M	8,166M	6,896M	5,308M	6,786M	8,608M	9,516M	9,764M	7,952M	1,207M	1,466M	1,751M	1,393M	1,124M	1,271M	836M	486M	1,712M	1,292M	1,837M	0M
Gross Profit	1,655M	1,394M	836M	649M	644M	754M	611M	545M	575M	620M	534M	692M	803M	700M	490M	892M	715M	423M	635M	558M	474M	387M	417M	104M	98M	133M	180M	150M	801M
Gross Profit Margin	22.7%	17.7%	23.0%	19.4%	16.2%	16.6%	17.7%	16.7%	6.0%	7.1%	7.2%	11.5%	10.6%	7.5%	4.9%	8.4%	8.3%	25.9%	30.2%	24.2%	25.4%	25.6%	24.7%	11.0%	16.8%	7.2%	12.2%	7.5%	100.0%
R&D Expenses	33M	0M	62M	33M	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	1,407M	1,105M	233M	192M	189M	277M	270M	259M	244M	261M	235M	321M	361M	305M	240M	507M	452M	78M	217M	371M	290M	249M	201M	67M	69M	67M	73M	57M	0M
Operating Expenses	1,246M	1,104M	249M	612M	456M	495M	504M	543M	401M	334M	326M	380M	479M	464M	240M	534M	421M	239M	349M	-1,577M	-6M	-120M	101M	178M	606M	240M	64M	49M	5M
Operating Income (EBIT)	409M	290M	587M	36M	188M	259M	107M	2M	174M	287M	208M	312M	323M	237M	250M	358M	294M	184M	287M	2,135M	480M	507M	316M	-74M	-508M	-107M	116M	101M	797M
Operating Income Margin	5.6%	3.7%	16.2%	1.1%	4.7%	5.7%	3.1%	0.1%	1.8%	3.3%	2.8%	5.2%	4.3%	2.5%	2.5%	3.4%	3.4%	11.3%	13.6%	92.5%	25.7%	33.5%	18.7%	-7.9%	-87.0%	-5.8%	7.9%	5.1%	99.4%
Interest Income	533M	240M	274M	267M	98M	48M	138M	208M	163M	125M	92M	116M	143M	94M	128M	109M	10M	11M	28M	36M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Interest Expense	4M	6M	2M	2M	2M	7M	5M	4M	3M	5M	4M	4M	3M	2M	1M	12M	9M	8M	13M	12M	0M	0M	0M	16M	23M	53M	82M	81M	0M
Net Interest Income	529M	234M	272M	265M	96M	41M	133M	204M	159M	120M	87M	112M	140M	93M	127M	97M	1M	3M	15M	24M	0M	0M	0M	-16M	-23M	-53M	-82M	-81M	0M
Unusual Items	519M	198M	-75M	361M	141M	41M	166M	82M	3M	9M	4M	4M	5M	2M	97M	84M	1,064M	719M	281M	500M	197M	44M	15M	0M	0M	0M	0M	0M	-1,509M
EBT Excluding Unusual Items	938M	524M	859M	301M	284M	300M	239M	206M	333M	406M	296M	424M	463M	329M	377M	455M	295M	186M	302M	2,159M	480M	507M	316M	-90M	-531M	-160M	34M	20M	797M
Pre-Tax Income	1,458M	722M	784M	663M	425M	341M	405M	289M	337M	416M	300M	428M	468M	332M	474M	539M	1,359M	905M	583M	2,659M	677M	551M	331M	-90M	-531M	-160M	34M	20M	-712M
Pre-Tax Margin	20.0%	9.2%	21.6%	19.8%	10.7%	7.5%	11.8%	8.8%	3.5%	4.7%	4.0%	7.1%	6.2%	3.6%	4.7%	5.1%	15.7%	55.5%	27.7%	115.1%	36.3%	36.5%	19.6%	-9.5%	-91.0%	-8.7%	2.3%	1.0%	-88.9%
Income Tax Expense	145M	96M	68M	54M	58M	38M	57M	52M	46M	55M	64M	66M	73M	59M	71M	91M	66M	59M	34M	24M	40M	25M	68M	19M	14M	7M	2M	0M	-1M
Net Income	1,454M	812M	709M	594M	347M	288M	339M	331M	286M	357M	237M	336M	359M	242M	363M	390M	1,269M	844M	491M	2,632M	663M	526M	263M	-108M	-545M	-168M	32M	20M	-713M
Net Income Margin	20.0%	10.3%	19.6%	17.8%	8.8%	6.4%	9.8%	10.1%	3.0%	4.1%	3.2%	5.6%	4.7%	2.6%	3.6%	3.7%	14.6%	51.8%	23.4%	114.0%	35.5%	34.8%	15.6%	-11.5%	-93.5%	-9.1%	2.2%	1.0%	-89.0%
Depreciation & Amortization	68M	80M	37M	27M	30M	52M	37M	30M	23M	24M	24M	16M	24M	23M	21M	16M	15M	13M	14M	0M	0M	0M	0M	0M	0M	0M	0M	0M	1,518M
EBITDA	477M	370M	624M	64M	217M	311M	144M	32M	196M	311M	232M	328M	347M	260M	271M	374M	309M	196M	300M	2,135M	480M	507M	316M	-74M	-508M	-107M	116M	101M	2,315M
EBITDA Margin	6.5%	4.7%	17.2%	1.9%	5.5%	6.9%	4.2%	1.0%	2.1%	3.5%	3.1%	5.5%	4.6%	2.8%	2.7%	3.5%	3.6%	12.0%	14.3%	92.5%	25.7%	33.5%	18.7%	-7.9%	-87.0%	-5.8%	7.9%	5.1%	288.9%
NOPAT	369M	252M	537M	33M	162M	231M	92M	2M	150M	249M	164M	264M	273M	195M	213M	297M	280M	172M	270M	2,116M	452M	483M	251M	-58M	-401M	-85M	109M	100M	629M
NOPAT Margin	5.1%	3.2%	14.8%	1.0%	4.1%	5.1%	2.7%	0.1%	1.6%	2.8%	2.2%	4.4%	3.6%	2.1%	2.1%	2.8%	3.2%	10.5%	12.8%	91.6%	24.2%	32.0%	14.9%	-6.2%	-68.8%	-4.6%	7.4%	5.0%	78.5%
Owner's Earnings	1,493M	871M	729M	613M	366M	326M	365M	343M	296M	365M	251M	179M	240M	254M	371M	386M	1,244M	839M	476M	2,597M	634M	515M	257M	-110M	-548M	-169M	30M	13M	782M
Owner's Earnings Margin	20.5%	11.0%	20.1%	18.4%	9.2%	7.2%	10.6%	10.5%	3.1%	4.2%	3.4%	3.0%	3.2%	2.7%	3.7%	3.6%	14.4%	51.5%	22.7%	112.5%	34.0%	34.1%	15.2%	-11.7%	-94.0%	-9.1%	2.0%	0.7%	97.7%
EPS (Basic)	0.99	0.54	0.48	0.40	0.23	0.19	0.22	0.22	0.19	0.23	0.15	0.22	0.24	0.16	0.24	0.26	0.84	0.56	0.33	1.76	0.43	0.35	0.16	-0.08	-0.39	-0.12	0.02	0.01	-0.55
EPS (Diluted)	0.99	0.54	0.48	0.40	0.23	0.19	0.22	0.22	0.19	0.23	0.15	0.22	0.23	0.16	0.24	0.25	0.83	0.56	0.33	1.74	0.45	0.36	0.18	-0.08	-0.39	-0.12	0.02	0.01	-0.55
Shares (Basic)	1,466M	1,517M	1,466M	1,472M	1,526M	1,533M	1,533M	1,533M	1,533M	1,533M	1,533M	1,532M	1,515M	1,514M	1,514M	1,513M	1,511M	1,500M	1,480M	1,462M	1,437M	1,417M	1,410M	1,394M	1,394M	1,389M	1,379M	1,368M	1,300M
Shares (Diluted)	1,466M	1,517M	1,466M	1,472M	1,526M	1,533M	1,533M	1,533M	1,533M	1,533M	1,533M	1,540M	1,539M	1,529M	1,530M	1,539M	1,537M	1,518M	1,510M	1,516M	1,475M	1,445M	1,440M	1,394M	1,394M	1,389M	1,385M	1,390M	1,300M

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
Cash & Cash Equivalents	0.00M	897.33M	897.33M	6,150.10M	1,025.72M	1,356.87M	1,313.95M	810.75M	444.15M	444.98M	334.39M	367.70M	368.88M	705.54M	5,763.89M	5,408.69M	6,439.72M	1,272.66M	1,373.98M	1,031.34M	862.19M	1,274.09M	562.87M	554.93M	486.12M	487.94M	369.82M	388.57M	680.15M
Short-Term Investments	5,053.35M	5,040.75M	5,040.75M	105.76M	4,907.40M	4,862.88M	5,204.69M	5,508.99M	5,925.80M	6,078.34M	6,410.16M	5,882.99M	5,755.50M	5,557.41M	37.98M	21.11M	0.55M	0.68M	0.24M	0.61M	0.62M	0.35M	0.33M	0.24M	9.24M	6.92M	0.00M	0.00M	6.07M
Cash & Short-Term Investments	5,053.35M	5,938.08M	5,938.08M	6,255.86M	5,933.12M	6,219.74M	6,518.65M	6,319.74M	6,369.96M	6,523.32M	6,744.55M	6,250.69M	6,124.39M	6,262.94M	5,801.87M	5,429.80M	6,440.28M	1,273.34M	1,374.22M	1,031.95M	862.80M	1,274.44M	563.20M	555.17M	495.36M	494.86M	369.82M	388.57M	686.22M
Net Receivables	834.35M	1,213.05M	1,213.05M	711.67M	1,693.47M	1,670.11M	1,098.37M	1,496.02M	1,370.81M	1,527.21M	750.87M	950.59M	1,121.37M	1,151.97M	2,306.82M	2,191.89M	1,574.33M	530.26M	865.29M	743.50M	0.00M	455.84M	410.20M	0.00M	0.00M	0.00M	0.00M	0.00M	287.06M
Inventory	237.95M	401.73M	401.73M	298.33M	304.77M	443.55M	366.35M	306.00M	337.19M	450.92M	243.36M	347.24M	369.39M	446.99M	487.26M	665.66M	454.37M	342.08M	356.74M	380.08M	279.98M	163.94M	216.48M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Assets	996.54M	10.46M	10.46M	502.72M	0.00M	0.00M	550.10M	0.00M	578.12M	630.34M	445.51M	554.38M	851.93M	582.07M	41.57M	2,214.50M	0.00M	7.87M	867.92M	755.66M	300.36M	235.66M	245.51M	441.76M	415.63M	908.51M	1,694.70M	1,373.69M	677.85M
Total Current Assets	7,122.18M	7,563.32M	7,563.32M	7,768.58M	7,931.35M	8,333.40M	8,533.46M	8,121.76M	8,656.07M	9,131.80M	8,184.29M	8,102.90M	8,467.07M	8,443.98M	8,637.52M	10,501.85M	8,468.97M	2,153.55M	3,464.17M	2,911.20M	1,443.14M	2,129.88M	1,435.39M	996.93M	910.99M	1,403.37M	2,064.52M	1,762.26M	1,651.13M
Property, Plant & Equipment	238.70M	238.16M	238.16M	256.52M	265.65M	297.23M	325.37M	321.13M	303.52M	331.04M	343.91M	392.52M	262.18M	145.89M	163.78M	162.22M	159.08M	125.50M	123.82M	116.15M	87.11M	92.64M	1,197.73M	1,007.97M	1,101.74M	1,376.75M	1,451.69M	1,479.05M	2,128.93M
Goodwill	0.00M	195.76M	195.76M	99.97M	99.90M	101.30M	101.36M	100.13M	100.54M	101.34M	98.35M	99.29M	100.65M	99.42M	92.35M	92.34M	0.00M	91.34M	91.32M	0.00M	0.00M	0.00M	62.32M	37.62M	39.66M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	355.37M	164.00M	164.00M	6.88M	108.72M	107.66M	109.04M	105.62M	2.91M	2.95M	3.60M	3.90M	4.83M	3.71M	4.73M	6.20M	91.73M	0.00M	0.00M	79.62M	79.62M	79.62M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	1,013.74M	1,010.61M	1,010.61M	893.36M	887.77M	958.95M	932.20M	782.92M	571.36M	483.01M	609.45M	727.52M	671.50M	611.64M	517.29M	507.00M	515.88M	5,060.16M	4,222.01M	3,810.02M	1,194.95M	397.65M	286.31M	311.91M	396.80M	548.00M	0.00M	0.00M	713.23M
Tax Assets	0.00M	0.00M	0.00M	33.10M	40.53M	42.81M	37.93M	43.00M	52.94M	35.74M	41.87M	39.93M	69.45M	65.52M	62.04M	72.64M	59.71M	37.43M	40.84M	26.24M	0.62M	0.35M	0.00M	0.24M	9.24M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	1,201.91M	161.50M	161.50M	145.93M	-99.90M	-101.30M	-101.36M	-100.13M	-52.94M	-35.74M	-41.87M	-39.93M	-69.45M	-65.52M	138.08M	64.37M	40.58M	40.48M	40.25M	17.03M	162.46M	11.54M	0.33M	4.39M	54.13M	90.72M	657.93M	688.07M	6.07M
Other Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	189.38M	183.17M	140.82M	131.54M	149.39M	143.76M	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	0.00M	0.00M
Total Non-Current Assets	2,809.71M	1,770.03M	1,770.03M	1,435.75M	1,302.67M	1,406.65M	1,404.55M	1,252.67M	1,167.71M	1,101.51M	1,196.13M	1,354.76M	1,188.55M	1,004.41M	978.27M	904.78M	866.98M	5,354.90M	4,518.25M	4,049.05M	1,524.75M	581.80M	1,546.69M	1,362.14M	1,601.57M	2,015.47M	2,109.62M	2,167.12M	2,848.23M
Total Assets	9,931.90M	9,333.35M	9,333.35M	9,204.33M	9,234.02M	9,740.06M	9,938.01M	9,374.43M	9,823.78M	10,233.30M	9,380.42M	9,457.65M	9,655.62M	9,448.39M	9,615.80M	11,406.63M	9,335.95M	7,508.45M	7,982.42M	6,960.25M	2,967.89M	2,711.69M	2,982.08M	2,359.07M	2,512.55M	3,418.83M	4,174.14M	3,929.38M	4,499.36M
Accounts Payable	1,073.45M	517.12M	517.12M	357.62M	380.37M	500.22M	588.29M	341.94M	288.11M	491.47M	293.48M	330.04M	595.00M	681.23M	1,161.75M	1,209.16M	944.06M	846.08M	215.22M	371.34M	1,033.33M	933.68M	673.96M	433.01M	348.36M	350.01M	434.86M	552.34M	424.62M
Short-Term Debt	5.03M	3.80M	0.00M	2.41M	8.94M	42.81M	89.11M	61.40M	45.65M	0.00M	67.08M	36.06M	26.06M	59.79M	46.21M	34.80M	207.30M	11.73M	316.96M	216.82M	78.52M	10.57M	122.62M	257.22M	155.00M	430.73M	968.29M	286.67M	549.24M
Tax Payables	0.00M	20.62M	20.62M	17.96M	21.05M	30.93M	18.04M	13.78M	19.39M	46.20M	19.16M	8.70M	21.15M	22.12M	18.20M	32.00M	39.84M	27.86M	18.35M	21.19M	18.68M	7.04M	19.10M	16.61M	5.62M	12.41M	5.68M	4.05M	4.03M
Deferred Revenue	0.00M	0.00M	0.00M	212.74M	305.48M	306.51M	358.28M	361.90M	337.13M	0.00M	-67.08M	-36.06M	-26.06M	-59.79M	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	88.86M
Other Current Liabilities	278.06M	220.13M	223.92M	322.55M	286.79M	363.91M	331.05M	237.92M	300.73M	746.64M	877.30M	923.96M	851.89M	842.08M	784.40M	913.30M	630.76M	0.00M	913.11M	478.13M	0.00M	-122.81M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Current Liabilities	1,356.54M	761.66M	761.66M	913.27M	1,002.63M	1,244.39M	1,384.77M	1,016.93M	991.00M	1,284.31M	1,189.94M	1,262.69M	1,468.03M	1,545.43M	2,010.56M	2,189.26M	1,821.97M	885.66M	1,463.63M	1,087.48M	1,130.54M	828.48M	815.68M	706.84M	508.99M	793.15M	1,408.83M	843.05M	1,066.75M
Long-Term Debt	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	96.09M	865.89M	677.90M	951.28M	1,036.63M	1,027.42M	1,391.68M	1,230.85M
Capital Lease Obligations	14.72M	15.60M	15.60M	17.61M	6.97M	4.74M	6.19M	1.93M	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	0.00M	77.33M	77.33M	64.04M	67.34M	63.31M	83.23M	67.74M	64.27M	39.54M	69.35M	44.66M	39.03M	32.50M	26.69M	20.36M	13.22M	8.64M	8.36M	0.80M	0.09M	0.09M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	80.21M	0.00M	0.00M	64.04M	67.34M	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
Total Non-Current Liabilities	94.93M	92.94M	92.94M	145.68M	141.64M	68.05M	89.43M	69.68M	64.27M	39.54M	69.35M	44.66M	39.03M	32.50M	26.69M	20.36M	13.22M	8.64M	8.36M	0.80M	0.09M	96.18M	865.89M	677.90M	951.28M	1,036.63M	1,027.42M	1,391.68M	1,230.85M
Total Liabilities	1,451.47M	854.60M	854.60M	1,058.95M	1,144.27M	1,312.43M	1,474.20M	1,086.61M	1,055.27M	1,323.84M	1,259.29M	1,307.35M	1,507.06M	1,577.92M	2,037.24M	2,209.62M	1,835.18M	894.30M	1,472.00M	1,088.28M	1,130.62M	924.65M	1,681.57M	1,384.74M	1,460.27M	1,829.78M	2,436.25M	2,234.73M	2,297.60M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	87.91M	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	146.60M	146.60M	146.60M	146.60M	148.17M	153.30M	153.30M	153.30M	153.30M	153.30M	153.30M	153.30M	153.18M	151.38M	151.36M	151.36M	151.11M	151.07M	148.97M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Retained Earnings	0.00M	7,169.30M	7,169.30M	7,114.41M	7,045.56M	7,014.34M	7,119.06M	7,028.53M	7,075.77M	6,740.71M	6,637.02M	6,599.10M	6,478.87M	6,217.54M	0.00M	5,762.89M	0.00M	0.00M	4,017.42M	78.34M	62.37M	49.64M	35.36M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accumulated OCI	7,983.91M	-168.43M	-133.48M	-111.73M	-268.87M	50.14M	-2.55M	-98.66M	-87.91M	310.65M	172.43M	231.76M	265.70M	287.86M	-154.26M	-136.78M	-120.15M	-106.73M	-95.11M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Minority Interest	349.92M	336.75M	336.75M	347.94M	318.99M	333.58M	314.67M	291.81M	300.77M	299.47M	343.58M	370.47M	369.45M	313.93M	246.02M	187.12M	230.20M	200.71M	241.37M	217.52M	246.70M	193.85M	188.90M	87.26M	48.00M	46.70M	46.21M	24.38M	21.79M
Total Shareholders’ Equity	8,130.51M	7,147.47M	7,182.41M	7,149.28M	6,924.86M	7,217.78M	7,269.80M	7,083.16M	7,229.07M	7,204.65M	6,962.75M	6,984.16M	6,897.75M	6,656.77M	-2.89M	5,777.47M	30.96M	44.34M	4,071.29M	78.34M	62.37M	49.64M	35.36M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Equity	8,480.43M	7,484.22M	7,519.16M	7,497.22M	7,243.86M	7,551.36M	7,584.47M	7,374.98M	7,529.83M	7,504.12M	7,306.33M	7,354.63M	7,267.20M	6,970.69M	243.13M	5,964.59M	261.16M	245.05M	4,312.66M	295.85M	309.07M	243.49M	224.26M	87.26M	48.00M	46.70M	46.21M	24.38M	21.79M
Total Liabilities & Equity	9,931.90M	8,338.82M	8,373.76M	8,556.18M	8,388.13M	8,863.79M	9,058.67M	8,461.59M	8,585.11M	8,827.97M	8,565.62M	8,661.97M	8,774.26M	8,548.62M	2,280.37M	8,174.21M	2,096.34M	1,139.35M	5,784.66M	1,384.13M	1,439.69M	1,168.14M	1,905.82M	1,472.00M	1,508.27M	1,876.48M	2,482.46M	2,259.11M	2,319.39M
Tangible Assets	9,576.53M	8,973.58M	8,973.58M	9,097.49M	9,025.40M	9,531.10M	9,727.60M	9,168.69M	9,720.33M	10,129.02M	9,278.47M	9,354.47M	9,550.14M	9,345.26M	9,518.72M	11,308.08M	9,244.21M	7,417.11M	7,891.09M	6,880.64M	2,888.28M	2,632.07M	2,919.76M	2,321.44M	2,472.90M	3,418.83M	4,174.14M	3,929.38M	4,499.36M
Tangible Equity	8,125.06M	7,124.46M	7,159.40M	7,390.38M	7,035.24M	7,342.40M	7,374.07M	7,169.24M	7,426.38M	7,399.84M	7,204.38M	7,251.44M	7,161.72M	6,867.57M	146.06M	5,866.05M	169.43M	153.71M	4,221.34M	216.24M	229.46M	163.88M	161.94M	49.64M	8.35M	46.70M	46.21M	24.38M	21.79M
Tangible Book Value	8,125.06M	7,124.46M	7,159.40M	7,390.38M	7,035.24M	7,342.40M	7,374.07M	7,169.24M	7,426.38M	7,399.84M	7,204.38M	7,251.44M	7,161.72M	6,867.57M	146.06M	5,866.05M	169.43M	153.71M	4,221.34M	216.24M	229.46M	163.88M	161.94M	49.64M	8.35M	46.70M	46.21M	24.38M	21.79M
Total Investments	6,067.09M	6,051.36M	6,051.36M	6,278.31M	5,795.17M	5,821.83M	6,136.90M	6,291.92M	6,497.17M	6,560.49M	7,018.73M	6,609.60M	6,425.92M	6,167.93M	555.27M	528.12M	516.43M	5,060.83M	4,222.25M	3,810.63M	1,195.56M	398.00M	286.64M	312.15M	406.04M	554.92M	238.87M	224.71M	719.30M
Net Debt	5.03M	-893.53M	-897.33M	-6,147.68M	-1,016.78M	-1,314.06M	-1,224.84M	-749.35M	-398.50M	-444.98M	-267.31M	-331.64M	-342.82M	-645.75M	-5,717.68M	-5,373.89M	-6,232.42M	-1,260.94M	-1,057.02M	-814.53M	-783.67M	-1,167.43M	425.64M	380.19M	620.16M	979.42M	1,625.89M	1,289.78M	1,099.93M

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
Working Capital	5,760.6M	6,528.5M	6,528.5M	6,830.9M	6,893.2M	7,056.0M	7,112.6M	7,035.2M	7,051.3M	7,176.9M	6,919.0M	6,789.5M	6,959.0M	6,817.2M	6,628.6M	6,394.5M	6,676.5M	1,269.3M	1,277.2M	1,071.0M	1,037.7M	1,301.4M	625.4M	290.1M	402.0M	610.2M	666.7M	919.2M	50.1M
Total Capital	8,145.2M	7,888.2M	7,888.2M	7,857.1M	7,818.5M	8,113.3M	8,213.2M	7,996.1M	7,899.6M	7,914.1M	7,769.2M	7,765.2M	7,765.1M	7,535.0M	7,380.3M	7,126.6M	7,507.3M	6,426.6M	5,862.7M	5,118.6M	2,279.8M	1,699.8M	2,105.8M	1,822.2M	2,110.6M	3,009.7M	3,698.4M	3,348.6M	2,194.9M
Capital Employed	8,570.3M	8,298.5M	8,298.5M	8,266.6M	8,195.9M	8,462.6M	8,517.1M	8,287.9M	8,219.0M	8,278.4M	8,115.1M	8,144.3M	8,147.5M	7,821.6M	7,606.8M	7,299.3M	7,543.4M	6,624.2M	5,795.4M	5,120.1M	2,562.5M	1,883.2M	2,172.1M	1,652.2M	2,003.6M	2,625.7M	2,776.3M	3,086.3M	2,898.3M
Invested Capital	8,145.2M	6,990.9M	6,990.9M	1,707.0M	6,792.8M	6,756.4M	6,899.2M	7,185.4M	7,455.4M	7,469.1M	7,434.8M	7,397.5M	7,396.2M	6,829.4M	1,616.4M	1,717.9M	1,067.6M	5,153.9M	4,488.7M	4,087.2M	1,417.6M	425.8M	1,543.0M	1,267.3M	1,624.4M	2,521.8M	3,328.6M	2,960.0M	1,514.8M

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
Net Income	1,454.19M	811.73M	709.21M	593.67M	347.06M	288.34M	338.52M	330.61M	286.14M	356.63M	237.21M	335.76M	358.97M	241.61M	298.76M	370.98M	293.97M	186.83M	203.76M	2,632.27M	663.05M	525.64M	262.92M	-108.09M	-545.40M	-167.65M	31.95M	19.72M	-713.24M
Depreciation & Amortization	52.02M	79.87M	36.51M	27.43M	29.76M	52.02M	37.20M	29.69M	21.29M	23.22M	22.50M	16.18M	23.52M	23.18M	20.90M	16.23M	14.70M	12.66M	13.54M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	0.00M	0.00M	-101.95M	-71.64M	-100.11M	23.66M	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	0.00M	0.00M	0.73M	5.67M	13.51M	20.72M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	348.27M	-37.80M	-70.97M	367.00M	-133.92M	-224.24M	145.85M	-63.10M	274.03M	-335.02M	349.98M	406.33M	-266.34M	627.20M	126.93M	-364.54M	-433.64M	226.28M	148.80M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accounts Receivable	460.32M	-91.74M	1.01M	462.64M	-86.62M	-6.30M	-119.14M	-173.48M	164.10M	-148.20M	270.09M	402.15M	-340.95M	565.90M	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	-117.43M	46.37M	-118.75M	1.31M	105.76M	-59.39M	-25.19M	29.53M	109.93M	-186.82M	79.89M	4.18M	74.61M	61.31M	177.71M	-184.47M	-101.21M	26.58M	182.18M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accounts Payable	0.00M	0.00M	101.53M	-5.55M	-160.10M	-107.46M	299.09M	56.13M	-666.98M	-29.75M	48.03M	-126.74M	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	5.39M	7.57M	-54.77M	-91.40M	7.04M	-51.09M	-8.91M	24.72M	666.98M	29.75M	-48.03M	126.74M	-24.53M	-28.14M	-50.78M	-180.07M	-332.43M	199.70M	-33.38M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Cash Items	-813.85M	236.22M	-606.94M	-464.98M	-180.14M	-62.36M	-63.94M	-80.56M	-533.41M	-247.70M	-208.73M	-336.92M	-271.12M	-531.33M	-192.04M	0.37M	-6.40M	-3.73M	-2.53M	-2,518.50M	-688.86M	-256.87M	-179.50M	197.38M	942.22M	1,006.76M	-334.70M	-151.52M	747.41M
Net Cash from Operating Activities	1,040.63M	968.09M	67.81M	523.12M	62.77M	53.76M	457.63M	216.64M	48.05M	-202.87M	400.96M	421.35M	-154.97M	360.66M	254.56M	-78.19M	-197.35M	335.44M	407.96M	113.76M	-25.80M	268.78M	83.42M	89.30M	396.82M	839.11M	-302.75M	-131.80M	34.17M
Capital Expenditures (PPE)	-19.22M	-20.26M	0.00M	-7.58M	-5.73M	-14.33M	-11.19M	-17.57M	-12.36M	-16.09M	-10.23M	-173.33M	-142.36M	-10.42M	-13.21M	-20.68M	-39.43M	-17.10M	-28.47M	-35.49M	-29.38M	-10.93M	-5.77M	-2.14M	-3.06M	-1.02M	-2.17M	-6.61M	-22.33M
Acquisitions (Net)	-160.22M	96.29M	-161.42M	0.00M	68.51M	0.13M	-0.18M	0.24M	-92.17M	-14.50M	0.23M	3.41M	-0.08M	3.62M	0.00M	8.89M	5,265.61M	-82.68M	31.26M	-185.55M	-407.84M	1,378.31M	-95.89M	-135.52M	-13.50M	-52.20M	-4.80M	0.00M	-933.86M
Purchases of Investments	0.00M	-49.83M	0.00M	0.00M	-49.83M	-141.98M	-462.66M	-142.72M	-0.54M	-10.63M	-310.50M	-209.74M	-389.71M	0.00M	0.00M	-3,484.11M	-66.89M	-6.05M	-1.28M	0.05M	0.99M	0.00M	-7.65M	0.76M	0.35M	1.03M	-13.11M	0.00M	-1.67M
Sales / Maturities of Investments	605.67M	373.25M	2,777.89M	605.67M	1.45M	374.15M	283.14M	23.60M	112.32M	0.43M	310.27M	206.32M	389.79M	0.00M	1,869.43M	14.04M	12.93M	111.96M	152.35M	42.63M	78.72M	0.00M	1.13M	7.78M	27.06M	1.55M	0.76M	0.00M	0.95M
Other Investing Activities	751.80M	103.31M	487.18M	343.64M	103.68M	223.55M	462.66M	0.00M	148.80M	312.68M	281.26M	190.01M	246.44M	-2,672.33M	37.46M	71.73M	89.44M	-58.43M	-119.52M	105.18M	55.76M	93.54M	132.66M	255.77M	53.94M	-255.40M	-105.46M	-62.77M	17.90M
Net Cash from Investing Activities	1,178.03M	502.75M	3,103.64M	941.73M	118.07M	441.51M	271.78M	-136.46M	156.04M	271.89M	-39.24M	-189.65M	-285.71M	-2,679.13M	1,893.68M	-3,410.13M	5,261.66M	-52.31M	34.35M	-73.18M	-301.75M	1,460.92M	24.49M	126.65M	64.78M	-306.05M	-124.77M	-69.38M	-939.02M
Net Debt Issuance	-3.47M	-57.62M	-4.72M	-12.91M	-40.73M	-48.18M	22.49M	-6.12M	47.30M	-69.19M	34.81M	11.54M	-33.53M	0.00M	11.31M	-173.30M	195.55M	-305.71M	-18.81M	138.30M	-28.14M	-881.85M	6.77M	-171.16M	-361.08M	-528.35M	317.36M	-81.74M	1,070.66M
Long-Term Debt Issuance	-3.47M	-57.62M	-4.72M	-12.91M	-8.34M	-7.09M	22.49M	17.05M	47.30M	-69.19M	34.81M	11.54M	-33.53M	12.44M	11.31M	-173.30M	195.55M	-313.78M	-18.81M	138.30M	-28.14M	-881.85M	6.77M	-171.16M	-361.08M	-528.35M	317.36M	-81.74M	1,070.66M
Short-Term Debt Issuance	0.00M	0.00M	0.00M	0.00M	-40.73M	-41.09M	-31.70M	17.05M	0.00M	0.00M	0.00M	0.00M	-33.53M	0.00M	11.31M	0.00M	0.00M	8.07M	-3.54M	138.30M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	0.00M	-159.76M	0.00M	-41.23M	-118.53M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1.39M	24.69M	0.21M	0.00M	6.93M	0.51M	0.22M	0.00M	23.59M	26.55M	2.17M	11.28M	0.00M	0.00M	8.15M	1.43M	6.87M	0.00M
Common Stock Issuance	0.00M	18.94M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1.39M	24.69M	0.21M	0.00M	6.93M	0.51M	0.30M	7.09M	23.59M	26.55M	2.17M	11.43M	0.00M	0.00M	8.15M	1.43M	6.87M	0.00M
Common Stock Repurchased	0.00M	-159.76M	0.00M	-41.23M	-118.53M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.08M	178.91M	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	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.15M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Dividends Paid	-1,290.05M	-629.06M	-645.03M	-499.02M	-306.59M	-390.90M	-245.27M	-245.27M	-260.60M	-252.94M	-199.28M	-260.60M	-98.41M	-121.10M	-136.23M	-605.41M	-157.11M	-41.60M	-93.20M	-122.07M	-91.79M	-71.86M	-12.68M	-15.40M	-4.34M	0.00M	0.00M	0.00M	0.00M
Common Dividends Paid	-1,290.05M	-629.06M	-645.03M	-499.02M	-306.59M	-390.90M	-245.27M	-245.27M	-260.60M	-252.94M	-199.28M	-260.60M	-98.41M	-121.10M	-136.23M	-605.41M	-157.11M	-41.60M	-93.20M	-77.35M	-91.79M	-71.86M	-12.68M	-15.40M	-4.34M	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	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	-31.22M	-96.01M	-11.43M	18.02M	-13.79M	-19.75M	-19.27M	11.98M	7.10M	-75.13M	-7.15M	-6.44M	16.15M	35.90M	18.66M	-21.86M	-11.01M	-51.61M	15.34M	-56.55M	19.08M	-26.02M	-15.61M	15.91M	-38.12M	0.00M	19.91M	0.00M	5.94M
Net Cash from Financing Activities	-1,324.74M	-942.45M	-661.18M	-535.14M	-479.65M	-458.83M	-242.05M	-239.41M	-206.20M	-397.26M	-171.63M	-254.11M	-91.10M	-84.99M	-110.20M	-793.64M	27.93M	-398.70M	-111.93M	27.98M	-74.31M	-977.56M	-10.24M	-170.65M	-403.53M	-520.20M	338.69M	-74.86M	1,076.60M
Effect of FX on Cash	-5,567.56M	-45.02M	-35.00M	-8.26M	-33.59M	13.96M	15.08M	-6.70M	-10.44M	30.01M	-23.37M	-27.16M	-2.19M	23.04M	-4.31M	27.55M	13.05M	1.00M	11.71M	20.21M	10.46M	6.74M	-0.19M	-0.51M	0.00M	0.66M	1.01M	0.59M	0.98M
Net Change in Cash	-2,235.26M	102.86M	2,475.27M	921.45M	-331.15M	50.40M	503.21M	-166.05M	-12.56M	-298.23M	166.73M	-49.56M	-533.97M	-2,380.42M	2,033.72M	-4,254.42M	5,105.29M	-114.56M	342.08M	88.78M	-391.40M	758.88M	97.47M	44.78M	58.07M	13.54M	-87.82M	-275.46M	172.72M
Cash at Beginning of Period	4,999.74M	14,395.31M	1,938.28M	1,016.84M	1,356.87M	1,313.95M	810.75M	976.80M	983.65M	1,281.88M	1,115.15M	1,164.71M	1,698.68M	4,079.10M	2,045.38M	6,299.80M	1,194.51M	1,309.07M	966.99M	878.22M	1,269.62M	510.74M	413.27M	368.49M	310.42M	296.88M	384.70M	660.15M	487.43M
Cash at End of Period	7,507.28M	14,498.17M	4,413.55M	1,938.28M	1,025.72M	1,356.87M	1,313.95M	810.75M	971.09M	983.65M	1,281.88M	1,115.15M	1,164.71M	1,698.68M	4,079.10M	2,045.38M	6,299.80M	1,194.51M	1,309.07M	966.99M	878.22M	1,269.62M	510.74M	413.27M	368.49M	310.42M	296.88M	384.70M	660.15M
Operating Cash Flow	1,040.63M	968.09M	67.81M	523.12M	169.66M	262.80M	457.63M	216.64M	48.05M	-202.87M	400.96M	421.35M	-154.97M	360.66M	254.56M	-78.19M	-197.35M	335.44M	407.96M	113.76M	-25.80M	268.78M	83.42M	89.30M	396.82M	839.11M	-302.75M	-131.80M	34.17M
Capital Expenditure	-28.66M	-20.26M	-16.62M	-7.75M	-10.47M	-14.42M	-11.19M	-17.57M	-12.36M	-16.09M	-10.23M	-173.33M	-142.36M	-10.42M	-13.21M	-20.68M	-39.43M	-17.10M	-28.47M	-35.49M	-29.38M	-10.93M	-5.77M	-2.14M	-3.06M	-1.02M	-2.17M	-6.61M	-22.33M
Free Cash Flow	1,011.97M	947.83M	51.19M	515.37M	159.19M	248.38M	446.45M	199.07M	35.68M	-218.96M	390.74M	248.02M	-297.33M	350.24M	241.35M	-98.86M	-236.78M	318.34M	379.50M	78.27M	-55.18M	257.84M	77.65M	87.16M	393.76M	838.09M	-304.92M	-138.40M	11.84M

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
EBITDA	282.92M	368.97M	577.66M	450.51M	485.01M	529.17M	377.50M	315.58M	353.79M	384.05M	322.68M	386.91M	465.49M	418.26M	271.11M	400.99M	277.97M	357.51M	431.74M	187.50M	184.17M	138.31M	216.30M	36.66M	28.95M	66.61M	107.73M	92.68M	2,319.37M
(-) Tax Adjustment	28.10M	49.16M	49.82M	36.81M	66.66M	58.27M	53.58M	57.36M	48.25M	50.78M	68.38M	59.47M	72.92M	73.84M	40.58M	67.71M	13.46M	23.21M	25.40M	1.68M	10.86M	6.37M	44.63M	0.00M	0.00M	0.00M	6.25M	0.69M	3.50M
(-) Change In Working Capital	348.27M	-37.80M	-70.97M	367.00M	-133.92M	-224.24M	145.85M	-63.10M	274.03M	-335.02M	349.98M	406.33M	-266.34M	627.20M	126.93M	-364.54M	-433.64M	226.28M	148.80M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
(-) Capital Expenditure	-28.66M	-20.26M	-16.62M	-7.75M	-10.47M	-14.42M	-11.19M	-17.57M	-12.36M	-16.09M	-10.23M	-173.33M	-142.36M	-10.42M	-13.21M	-20.68M	-39.43M	-17.10M	-28.47M	-35.49M	-29.38M	-10.93M	-5.77M	-2.14M	-3.06M	-1.02M	-2.17M	-6.61M	-22.33M
Unlevered Free Cash Flow	-122.12M	337.35M	582.20M	38.95M	541.81M	680.72M	166.88M	303.75M	19.14M	652.20M	-105.91M	-252.22M	516.55M	-293.21M	90.38M	677.14M	658.72M	90.91M	229.08M	150.33M	143.93M	121.00M	165.90M	34.52M	25.89M	65.59M	99.32M	85.38M	2,293.54M
(-) Net Interest Income After Taxes	476.51M	202.69M	248.33M	243.24M	83.11M	36.31M	113.86M	166.80M	137.74M	103.88M	68.85M	95.18M	118.08M	76.21M	108.16M	80.63M	1.07M	2.47M	14.39M	23.72M	0.00M	0.00M	0.00M	-15.68M	-23.25M	-53.33M	-77.23M	-80.07M	0.00M
Net Debt Issuance	-3.47M	-57.62M	-4.72M	-12.91M	-40.73M	-48.18M	22.49M	-6.12M	47.30M	-69.19M	34.81M	11.54M	-33.53M	0.00M	11.31M	-173.30M	195.55M	-305.71M	-18.81M	138.30M	-28.14M	-881.85M	6.77M	-171.16M	-361.08M	-528.35M	317.36M	-81.74M	1,070.66M
Levered Free Cash Flow	-602.10M	77.04M	329.15M	-217.20M	417.97M	596.23M	75.51M	130.82M	-71.30M	479.14M	-139.95M	-335.86M	364.94M	-369.41M	-6.47M	423.22M	853.20M	-217.27M	195.89M	264.90M	115.79M	-760.84M	172.67M	-120.97M	-311.93M	-409.43M	493.91M	83.71M	3,364.20M