PT AKR Corporindo Tbk (AKRA.JK)

Industry: Oil & Gas Refining & Marketing Sector: Energy Currency Used: ID Live Price: $1,250.00

Enterprise Value

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Stock Price	1,155.00	1,495.00	1,497.50	1,172.50	742.00	512.25	829.00	911.25	1,311.25	1,290.00	1,203.75	948.75	948.75	803.75	451.00	261.50	169.69
Market Capitalization	22,828,216.44M	29,517,515.19M	29,556,411.48M	23,141,831.36M	14,644,979.84M	10,139,626.61M	16,489,891.31M	18,085,608.74M	26,026,641.77M	25,478,399.79M	23,624,855.35M	18,451,829.74M	18,321,872.77M	15,406,376.21M	8,582,454.01M	4,856,058.03M	2,959,052.35M
(-) Cash & Equivalents	4,986,187.87M	5,351,645.95M	4,844,711.72M	3,629,089.41M	2,193,117.02M	1,470,475.95M	1,268,114.81M	2,269,304.93M	1,307,689.70M	966,193.20M	1,275,815.12M	790,979.23M	1,189,844.61M	1,440,221.83M	1,082,589.87M	580,267.77M	68,423.58M
(+) Total Debt	5,332,475.57M	5,358,272.24M	4,220,932.31M	3,115,767.68M	3,503,172.08M	4,537,191.88M	4,538,904.21M	4,053,126.89M	3,850,219.74M	3,991,240.67M	3,929,267.40M	4,613,849.19M	3,830,645.55M	1,926,470.03M	757,131.31M	2,108,201.25M	552,191.93M
Enterprise Value	23,174,504.14M	29,524,141.48M	28,932,632.07M	22,628,509.62M	15,955,034.90M	13,206,342.55M	19,760,680.71M	19,869,430.70M	28,569,171.80M	28,503,447.26M	26,278,307.63M	22,274,699.70M	20,962,673.71M	15,892,624.41M	8,256,995.45M	6,383,991.51M	3,442,820.70M

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
Revenue	42,512,740M	40,721,924M	38,729,493M	42,086,952M	47,539,987M	25,707,069M	17,715,928M	21,702,638M	23,548,144M	18,287,936M	15,212,591M	19,764,821M	22,468,328M	22,337,928M	21,673,954M	18,805,950M	12,194,997M	8,959,842M	9,472,529M	5,894,751M	3,970,323M	2,827,823M
Cost of Revenue	38,601,134M	36,798,445M	35,220,457M	37,622,034M	43,287,573M	23,413,910M	15,668,008M	19,810,516M	21,993,578M	16,420,654M	13,337,657M	17,548,827M	20,736,407M	20,970,288M	20,412,678M	17,787,552M	11,235,313M	8,006,211M	8,427,222M	5,149,114M	3,515,308M	2,419,111M
Gross Profit	3,911,605M	3,923,480M	3,509,036M	4,464,918M	4,252,413M	2,293,159M	2,047,920M	1,892,122M	1,554,566M	1,867,281M	1,874,934M	2,215,994M	1,731,920M	1,367,641M	1,261,276M	1,018,398M	959,684M	953,631M	1,045,307M	745,637M	455,015M	408,712M
Gross Profit Margin	9.2%	9.6%	9.1%	10.6%	8.9%	8.9%	11.6%	8.7%	6.6%	10.2%	12.3%	11.2%	7.7%	6.1%	5.8%	5.4%	7.9%	10.6%	11.0%	12.6%	11.5%	14.5%
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
SG&A Expenses	637,042M	436,861M	291,935M	267,225M	364,596M	209,934M	208,022M	307,876M	209,316M	232,661M	216,488M	262,248M	270,577M	222,530M	172,119M	392,869M	498,761M	413,663M	0M	0M	0M	0M
Operating Expenses	981,387M	919,530M	930,571M	904,384M	1,122,654M	845,991M	842,681M	807,324M	598,236M	760,496M	727,916M	803,669M	681,699M	540,825M	401,339M	390,696M	498,761M	413,663M	425,552M	352,346M	253,606M	216,600M
Operating Income (EBIT)	2,930,219M	3,003,950M	2,578,465M	3,560,534M	3,129,759M	1,447,168M	1,205,239M	1,084,798M	956,331M	1,106,785M	1,147,018M	1,412,325M	1,050,222M	826,816M	859,937M	627,702M	460,923M	539,968M	619,756M	393,291M	201,409M	192,112M
Operating Income Margin	6.9%	7.4%	6.7%	8.5%	6.6%	5.6%	6.8%	5.0%	4.1%	6.1%	7.5%	7.1%	4.7%	3.7%	4.0%	3.3%	3.8%	6.0%	6.5%	6.7%	5.1%	6.8%
Interest Income	275,732M	283,030M	298,884M	160,892M	49,074M	37,129M	50,071M	31,416M	44,095M	44,306M	40,143M	90,913M	60,649M	73,580M	37,774M	68,650M	10,278M	9,751M	11,844M	7,960M	4,175M	5,184M
Interest Expense	81,175M	59,440M	84,909M	68,489M	57,213M	57,069M	74,284M	111,262M	8,494M	23,257M	66,769M	119,996M	141,212M	111,164M	55,254M	40,613M	104,353M	119,592M	104,062M	53,977M	31,487M	22,322M
Net Interest Income	194,557M	223,590M	213,975M	92,403M	-8,139M	-19,940M	-24,213M	-79,845M	35,602M	21,048M	-26,626M	-29,083M	-80,563M	-37,584M	-17,480M	28,037M	-94,074M	-109,841M	-92,218M	-46,017M	-27,312M	-17,139M
Unusual Items	39,923M	33,112M	19,911M	14,721M	-97,804M	-32,166M	10,691M	-139,573M	-101,776M	28,396M	35,775M	-66,221M	23,685M	-56,179M	-32,775M	84,233M	53,242M	38,128M	-136,607M	-9,095M	15,145M	8,228M
EBT Excluding Unusual Items	3,124,775M	3,227,539M	2,792,440M	3,652,937M	3,121,621M	1,427,229M	1,181,026M	1,004,953M	991,933M	1,127,834M	1,120,392M	1,383,242M	969,659M	789,232M	842,457M	655,739M	366,849M	430,128M	527,538M	347,273M	174,097M	174,973M
Pre-Tax Income	3,164,698M	3,260,651M	2,812,351M	3,667,658M	3,023,817M	1,395,063M	1,191,717M	865,380M	890,156M	1,156,230M	1,156,167M	1,317,021M	993,344M	733,053M	809,682M	739,972M	420,091M	468,256M	390,931M	338,179M	189,242M	183,200M
Pre-Tax Margin	7.4%	8.0%	7.3%	8.7%	6.4%	5.4%	6.7%	4.0%	3.8%	6.3%	7.6%	6.7%	4.4%	3.3%	3.7%	3.9%	3.4%	5.2%	4.1%	5.7%	4.8%	6.5%
Income Tax Expense	472,716M	441,416M	412,884M	589,189M	544,757M	260,061M	229,720M	165,884M	226,815M	154,915M	109,315M	258,280M	202,780M	117,426M	190,849M	145,838M	80,999M	128,359M	119,979M	100,984M	46,446M	43,944M
Net Income	2,405,838M	2,539,615M	2,225,118M	2,780,350M	2,403,335M	1,111,614M	924,918M	717,205M	1,644,834M	1,201,667M	1,010,786M	1,033,630M	810,094M	648,250M	649,314M	2,284,080M	339,092M	339,896M	270,952M	237,195M	142,796M	139,257M
Net Income Margin	5.7%	6.2%	5.7%	6.6%	5.1%	4.3%	5.2%	3.3%	7.0%	6.6%	6.6%	5.2%	3.6%	2.9%	3.0%	12.1%	2.8%	3.8%	2.9%	4.0%	3.6%	4.9%
Depreciation & Amortization	388,892M	477,694M	490,426M	41,527M	435,276M	404,717M	380,596M	326,886M	291,533M	326,831M	345,707M	24,352M	21,855M	19,874M	17,130M	65,056M	63,520M	47,879M	-124,763M	-1,135M	19,320M	13,411M
EBITDA	3,319,111M	3,481,644M	3,068,891M	3,602,061M	3,565,035M	1,851,886M	1,585,835M	1,411,684M	1,247,864M	1,433,617M	1,492,725M	1,436,677M	1,072,077M	846,690M	877,067M	692,758M	524,444M	587,848M	494,992M	392,156M	220,729M	205,523M
EBITDA Margin	7.8%	8.5%	7.9%	8.6%	7.5%	7.2%	9.0%	6.5%	5.3%	7.8%	9.8%	7.3%	4.8%	3.8%	4.0%	3.7%	4.3%	6.6%	5.2%	6.7%	5.6%	7.3%
NOPAT	2,492,527M	2,597,285M	2,199,919M	2,988,554M	2,565,916M	1,177,394M	972,913M	876,853M	712,654M	958,495M	1,038,568M	1,135,355M	835,830M	694,370M	657,243M	503,990M	372,051M	391,951M	429,549M	275,850M	151,977M	146,031M
NOPAT Margin	5.9%	6.4%	5.7%	7.1%	5.4%	4.6%	5.5%	4.0%	3.0%	5.2%	6.8%	5.7%	3.7%	3.1%	3.0%	2.7%	3.1%	4.4%	4.5%	4.7%	3.8%	5.2%
Owner's Earnings	1,726,946M	1,715,095M	1,528,150M	2,173,360M	2,548,460M	1,274,572M	964,497M	236,614M	714,248M	892,884M	698,902M	784,718M	207,319M	-125,861M	-378,358M	1,958,314M	-88,486M	-455,937M	-743,375M	-193,051M	-67,874M	24,532M
Owner's Earnings Margin	4.1%	4.2%	3.9%	5.2%	5.4%	5.0%	5.4%	1.1%	3.0%	4.9%	4.6%	4.0%	0.9%	-0.6%	-1.7%	10.4%	-0.7%	-5.1%	-7.8%	-3.3%	-1.7%	0.9%
EPS (Basic)	121.79	128.65	112.73	140.87	121.77	56.32	46.71	35.87	82.69	60.51	50.98	52.55	41.56	33.47	33.78	121.06	16.65	17.18	13.45	12.26	8.21	7.64
EPS (Diluted)	121.75	128.65	112.73	140.87	121.77	56.32	46.71	36.06	82.69	60.42	50.85	52.39	41.43	33.27	33.47	118.56	18.07	21.20	17.31	15.19	9.15	8.93
Shares (Basic)	19,761M	19,741M	19,738M	19,737M	19,737M	19,737M	19,803M	19,891M	19,891M	19,860M	19,826M	19,670M	19,494M	19,368M	19,221M	19,073M	18,671M	15,993M	15,620M	15,600M	15,600M	15,600M
Shares (Diluted)	19,761M	19,741M	19,738M	19,737M	19,737M	19,737M	19,803M	19,891M	19,893M	19,888M	19,879M	19,730M	19,553M	19,484M	19,401M	19,265M	18,769M	16,035M	15,650M	15,610M	15,600M	15,600M

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
Cash & Cash Equivalents	5,847,955.35M	4,045,228.81M	5,365,991.61M	6,535,625.68M	4,337,980.75M	2,600,492.41M	1,549,363.63M	1,860,780.88M	2,171,083.54M	1,771,229.01M	1,366,943.49M	1,289,809.13M	896,590.62M	820,064.74M	1,884,943.31M	1,329,789.26M	691,848.31M	273,694.33M	286,133.47M	213,198.02M	118,640.51M	73,828.90M
Short-Term Investments	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	114,037.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	23,943.10M	22,283.99M	16,434.29M	35,962.87M	0.00M	0.00M
Cash & Short-Term Investments	5,847,955.35M	4,045,228.81M	5,365,991.61M	6,535,625.68M	4,337,980.75M	2,600,492.41M	1,549,363.63M	1,860,780.88M	2,171,083.54M	1,885,266.01M	1,366,943.49M	1,289,809.13M	896,590.62M	820,064.74M	1,884,943.31M	1,329,789.26M	715,791.41M	295,978.32M	302,567.76M	249,160.90M	118,640.51M	73,828.90M
Net Receivables	8,933,753.49M	8,953,670.11M	7,607,759.18M	6,467,129.32M	6,030,180.32M	4,488,568.08M	2,368,360.69M	4,320,950.21M	4,647,430.08M	2,696,132.37M	2,569,271.01M	3,049,204.59M	4,320,194.06M	4,412,752.27M	3,166,151.80M	2,300,184.46M	1,741,557.23M	1,411,547.99M	923,655.02M	873,060.47M	490,082.60M	444,067.37M
Inventory	6,582,855.47M	6,263,612.41M	7,219,579.89M	4,754,429.97M	5,220,576.31M	4,507,651.04M	3,633,782.36M	4,091,036.02M	4,107,396.80M	3,651,495.28M	3,132,596.88M	2,598,793.30M	934,877.40M	1,848,410.88M	1,586,169.96M	1,237,714.04M	1,480,010.17M	742,665.18M	853,390.25M	663,175.83M	439,912.28M	387,114.06M
Other Current Assets	16,963.62M	161,206.99M	428,410.35M	283,620.17M	178,042.26M	347,758.71M	447,971.96M	447,758.25M	6.86M	542,508.17M	271,083.41M	298,250.03M	529,887.61M	34,578.76M	125,441.06M	-10,244.61M	-2,860.16M	118,275.80M	0.00M	0.00M	23,391.09M	77,275.80M
Total Current Assets	21,381,527.93M	19,423,718.31M	20,621,741.03M	18,040,805.13M	15,766,779.64M	11,944,470.23M	7,999,478.64M	10,720,525.36M	10,925,917.28M	8,775,401.82M	7,339,894.80M	7,236,057.05M	6,681,549.70M	7,115,806.64M	6,762,706.14M	4,857,443.14M	3,934,498.65M	2,568,467.30M	2,079,613.03M	1,785,397.20M	1,072,026.48M	982,286.12M
Property, Plant & Equipment	9,084,909.77M	6,727,755.81M	6,469,814.97M	6,084,248.79M	4,940,389.02M	4,914,138.28M	4,958,619.61M	4,708,862.57M	4,359,338.21M	3,974,280.89M	4,275,450.45M	4,179,588.79M	4,110,117.57M	4,015,302.82M	3,003,731.79M	2,437,214.64M	3,037,892.76M	2,859,238.23M	2,215,659.34M	1,324,255.02M	1,002,838.29M	803,552.81M
Goodwill	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	12,554.38M	12,450.59M	11,889.27M	30,804.57M	72,067.34M	56,996.62M	56,996.62M	57,695.88M	65,912.12M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	0.00M	702,870.60M	688,562.42M	688,562.42M	642,500.94M	632,880.50M	632,880.50M	848,688.44M	767,699.97M	443,793.94M	871,495.71M	922,244.39M	890,406.01M	679,001.27M	559,996.72M	340,605.41M	270,236.07M	275,032.70M	220,214.38M	0.00M	0.00M	0.00M
Long-Term Investments	2,684,109.30M	2,798,307.26M	2,688,099.39M	2,716,501.52M	2,860,839.11M	401,618.11M	547,715.03M	2,303,960.07M	418,162.79M	300,747.44M	460,328.34M	883,958.12M	437,672.76M	270,501.26M	151,526.26M	63,528.18M	10,009.67M	54,533.23M	133,279.01M	0.00M	28,008.89M	30,849.10M
Tax Assets	171,000.26M	176,128.93M	188,343.79M	201,297.85M	205,213.11M	0.00M	244,442.89M	244,401.16M	253,413.39M	304,353.38M	263,034.54M	163,408.19M	116,100.48M	103,134.21M	70,087.75M	88,664.23M	85,743.31M	68,468.07M	69,524.92M	77,639.81M	39,054.01M	39,300.80M
Other Non-Current Assets	160,753.78M	1,709,303.45M	2,075,752.05M	2,442,960.88M	2,697,371.60M	5,537,270.49M	4,257,496.28M	2,525,494.75M	2,873,638.43M	2,971,129.40M	2,556,602.09M	1,756,441.92M	2,487,070.74M	1,769,819.77M	530,584.45M	81,874.10M	175,834.88M	41,769.98M	51,022.23M	250,356.91M	195,075.45M	99,183.83M
Other Assets	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 Assets	12,100,773.11M	12,114,366.05M	12,110,572.63M	12,133,571.46M	11,346,313.79M	11,485,907.37M	10,641,154.31M	10,631,406.98M	8,672,252.80M	8,006,859.43M	8,439,361.71M	7,917,530.69M	8,072,172.11M	6,909,826.66M	4,372,923.58M	3,068,883.17M	3,637,412.57M	3,364,954.33M	2,689,699.88M	1,652,251.74M	1,264,976.64M	972,886.54M
Total Assets	33,482,301.04M	31,538,084.36M	32,732,313.66M	30,174,376.59M	27,113,093.43M	23,430,377.60M	18,640,632.95M	21,351,932.34M	19,598,170.08M	16,782,261.26M	15,779,256.51M	15,153,587.74M	14,753,721.81M	14,025,633.31M	11,135,629.72M	7,926,326.31M	7,571,911.21M	5,933,421.62M	4,769,312.91M	3,437,648.94M	2,337,003.12M	1,955,172.66M
Accounts Payable	11,091,808.39M	8,380,905.24M	10,391,582.46M	9,519,186.00M	9,239,323.82M	7,766,849.30M	3,011,754.39M	5,835,094.34M	4,996,896.45M	3,777,446.61M	3,184,495.99M	3,432,312.95M	3,980,873.80M	3,629,745.61M	3,835,553.07M	3,318,467.91M	1,915,714.76M	1,128,494.05M	514,842.01M	629,263.14M	414,115.18M	193,966.20M
Short-Term Debt	867,836.43M	1,158,393.83M	1,147,851.20M	1,131,101.72M	556,213.23M	573,359.66M	1,248,074.53M	2,140,609.44M	2,426,705.58M	955,040.69M	2,214,422.67M	973,892.92M	1,611,660.31M	2,598,184.79M	693,325.66M	190,923.32M	874,438.99M	1,198,672.02M	1,253,923.36M	748,248.12M	430,192.89M	507,224.00M
Tax Payables	0.00M	476,078.72M	402,699.82M	193,330.25M	350,461.87M	198,010.70M	265,498.79M	131,407.29M	132,868.34M	76,236.26M	118,363.52M	64,481.34M	68,479.83M	72,531.80M	104,105.71M	68,466.42M	54,688.74M	45,563.84M	52,559.06M	38,433.52M	13,542.33M	18,743.21M
Deferred Revenue	377,028.94M	0.00M	0.00M	224,865.28M	226,516.88M	235,492.40M	74,750.62M	113,870.65M	132,868.34M	696,703.25M	405,188.89M	457,083.97M	570,487.48M	343,883.63M	607,021.15M	233,537.00M	419,236.03M	421,224.09M	289,131.26M	268,497.97M	128,601.17M	144,792.39M
Other Current Liabilities	1,441,998.29M	1,183,643.19M	883,009.73M	1,233,698.14M	135,783.36M	97,016.66M	146,379.93M	84,787.05M	163,563.85M	208.79M	11,143.13M	3,664.00M	17,260.19M	-19,565.68M	-376,377.22M	-142,157.98M	382,788.45M	-308,044.82M	-78,187.65M	-91,706.41M	1,690.08M	-82,138.72M
Total Current Liabilities	13,778,672.05M	11,199,020.98M	12,825,143.22M	12,302,181.38M	10,508,299.15M	8,870,728.72M	4,746,458.26M	8,305,768.77M	7,852,902.57M	5,505,635.59M	5,933,614.21M	4,931,435.17M	6,248,761.61M	6,624,780.15M	4,863,628.37M	3,669,236.66M	3,646,866.97M	2,485,909.17M	2,032,268.04M	1,592,736.34M	988,141.64M	782,587.08M
Long-Term Debt	3,795,231.07M	3,762,743.66M	3,645,033.75M	3,117,277.85M	2,138,014.96M	2,201,479.21M	2,656,843.28M	2,469,492.87M	1,803,069.68M	2,217,875.00M	1,823,544.44M	2,910,577.42M	2,514,763.96M	2,547,664.38M	2,339,455.32M	808,042.97M	746,772.84M	840,729.27M	611,217.65M	320,060.60M	102,075.40M	19,754.67M
Capital Lease Obligations	0.00M	549,929.04M	524,227.04M	380,386.58M	322,335.07M	282,686.92M	211,509.06M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	113,391.21M	169,366.43M	55,559.69M	44,082.05M	0.00M	0.00M
Deferred Tax Liabilities	52,896.67M	43,124.65M	25,699.73M	18,384.13M	11,395.23M	8,763.56M	6,780.49M	5,074.84M	18,582.01M	18,073.26M	12,262.48M	37,322.65M	47,069.44M	56,742.59M	27,891.82M	9,583.30M	9,822.76M	7,023.01M	1,632.36M	929.35M	799.18M	2,238.05M
Other Non-Current Liabilities	265,364.51M	280,281.45M	249,162.92M	186,304.78M	217,361.12M	210,093.28M	9,764.52M	155,090.90M	7,915.28M	128,119.47M	104,905.94M	18,009.01M	0.00M	72,281.49M	68,052.00M	55,901.65M	128,726.46M	62,530.40M	897.35M	47,909.59M	38,594.73M	33,548.01M
Total Non-Current Liabilities	4,113,492.25M	4,636,078.80M	4,444,123.44M	3,702,353.34M	2,689,106.37M	2,703,022.97M	2,884,897.35M	2,629,658.60M	1,829,566.97M	2,364,067.73M	1,940,712.86M	2,965,909.08M	2,561,833.41M	2,676,688.46M	2,435,399.14M	873,527.92M	998,713.27M	1,079,649.11M	669,307.05M	412,981.59M	141,469.31M	55,540.73M
Total Liabilities	17,892,164.30M	15,835,099.78M	17,269,266.65M	16,004,534.72M	13,197,405.52M	11,573,751.69M	7,631,355.61M	10,935,427.37M	9,682,469.54M	7,869,703.32M	7,874,327.07M	7,897,344.25M	8,810,595.01M	9,301,468.61M	7,299,027.50M	4,542,764.58M	4,645,580.23M	3,565,558.29M	2,701,575.09M	2,005,717.93M	1,129,610.95M	838,127.81M
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
Common Stock	401,469.49M	401,469.49M	401,469.49M	401,469.49M	401,469.49M	401,469.49M	401,469.49M	401,469.49M	401,469.49M	400,632.94M	399,178.12M	394,903.02M	391,363.77M	388,072.75M	385,144.35M	382,198.60M	379,293.60M	313,829.25M	312,540.00M	312,000.00M	312,000.00M	312,000.00M
Retained Earnings	9,387,380.57M	9,838,312.04M	9,647,271.26M	9,392,897.53M	9,090,404.73M	7,515,040.98M	6,927,443.99M	6,398,273.15M	6,407,519.38M	5,622,875.79M	5,026,375.55M	4,373,242.14M	3,843,499.20M	3,287,328.73M	2,930,333.01M	2,531,563.21M	1,213,491.86M	1,106,860.92M	835,267.67M	518.00M	438.00M	359.00M
Accumulated OCI	277,537.66M	0.00M	320,977.34M	230,169.79M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	260,354.10M	394,447.86M	383,314.99M	434,559.54M	117,102.86M	0.00M	284,107.38M	0.00M	0.00M	0.00M	0.00M	0.00M
Minority Interest	3,284,186.26M	3,222,169.44M	3,061,455.84M	2,780,333.31M	2,185,948.09M	1,953,848.78M	1,803,979.06M	1,730,586.52M	1,555,723.23M	1,471,658.48M	1,253,216.59M	1,195,838.97M	570,674.35M	590,067.00M	172,745.64M	192,623.94M	472,426.22M	485,757.40M	348,396.34M	220,140.30M	208,636.22M	167,259.81M
Total Shareholders’ Equity	10,066,387.72M	10,239,781.53M	10,369,718.10M	10,024,536.82M	9,491,874.22M	7,916,510.47M	7,328,913.49M	6,799,742.64M	6,808,988.87M	6,023,508.73M	5,685,907.76M	5,162,593.02M	4,618,177.96M	4,109,961.02M	3,432,580.21M	2,913,761.81M	1,876,892.84M	1,420,690.17M	1,147,807.67M	312,518.00M	312,438.00M	312,359.00M
Total Equity	13,350,573.98M	13,461,950.97M	13,431,173.93M	12,804,870.12M	11,677,822.31M	9,870,359.25M	9,132,892.55M	8,530,329.16M	8,364,712.09M	7,495,167.21M	6,939,124.35M	6,358,431.99M	5,188,852.30M	4,700,028.02M	3,605,325.85M	3,106,385.75M	2,349,319.06M	1,906,447.57M	1,496,204.01M	532,658.30M	521,074.22M	479,618.81M
Total Liabilities & Equity	31,242,738.28M	29,297,050.75M	30,700,440.59M	28,809,404.84M	24,875,227.83M	21,444,110.94M	16,764,248.15M	19,465,756.53M	18,047,181.64M	15,364,870.52M	14,813,451.42M	14,255,776.24M	13,999,447.31M	14,001,496.63M	10,904,353.35M	7,649,150.33M	6,994,899.29M	5,472,005.85M	4,197,779.09M	2,538,376.23M	1,650,685.17M	1,317,746.62M
Tangible Assets	33,482,301.04M	30,835,213.77M	32,043,751.24M	29,485,814.17M	26,470,592.49M	22,797,497.11M	18,007,752.45M	20,503,243.90M	18,830,470.11M	16,325,912.94M	14,895,310.21M	14,219,454.07M	13,832,511.23M	13,274,564.70M	10,518,636.38M	7,528,724.29M	7,243,979.27M	5,592,476.80M	4,549,098.54M	3,437,648.94M	2,337,003.12M	1,955,172.66M
Tangible Equity	13,350,573.98M	12,759,080.37M	12,742,611.51M	12,116,307.70M	11,035,321.36M	9,237,478.76M	8,500,012.05M	7,681,640.72M	7,597,012.12M	7,038,818.89M	6,055,178.05M	5,424,298.32M	4,267,641.73M	3,948,959.41M	2,988,332.51M	2,708,783.73M	2,021,387.11M	1,565,502.75M	1,275,989.63M	532,658.30M	521,074.22M	479,618.81M
Tangible Book Value	13,350,573.98M	12,759,080.37M	12,742,611.51M	12,116,307.70M	11,035,321.36M	9,237,478.76M	8,500,012.05M	7,681,640.72M	7,597,012.12M	7,038,818.89M	6,055,178.05M	5,424,298.32M	4,267,641.73M	3,948,959.41M	2,988,332.51M	2,708,783.73M	2,021,387.11M	1,565,502.75M	1,275,989.63M	532,658.30M	521,074.22M	479,618.81M
Total Investments	2,684,109.30M	2,798,307.26M	2,688,099.39M	2,716,501.52M	2,860,839.11M	401,618.11M	547,715.03M	2,303,960.07M	418,162.79M	414,784.44M	460,328.34M	883,958.12M	437,672.76M	270,979.15M	151,526.26M	63,528.18M	10,009.67M	54,533.23M	178,602.32M	117,426.72M	28,008.89M	30,849.10M
Net Debt	-1,184,887.85M	875,908.68M	-573,106.66M	-2,287,246.12M	-1,643,752.57M	174,346.46M	2,355,554.19M	2,749,321.43M	2,058,691.72M	1,401,686.67M	2,671,023.62M	2,594,661.21M	3,229,833.65M	4,325,784.44M	1,147,837.66M	-330,822.97M	929,363.51M	1,765,706.96M	1,579,007.54M	855,110.70M	413,627.78M	453,149.78M

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
Working Capital	7,750,979.5M	8,037,130.9M	7,543,864.3M	5,587,673.8M	4,560,802.7M	2,715,837.0M	2,940,308.5M	2,065,113.0M	3,205,870.0M	3,386,857.6M	1,575,671.5M	2,414,196.7M	535,988.8M	1,130,022.7M	2,272,215.6M	1,379,348.6M	183,959.4M	-116,168.2M	-7,189.6M	258,489.0M	124,221.9M	224,289.2M
Total Capital	16,472,630.6M	17,227,045.0M	16,879,648.6M	15,891,390.3M	13,985,425.9M	12,402,642.1M	12,868,804.1M	12,946,377.1M	12,600,883.4M	10,730,906.6M	10,859,070.8M	9,974,806.7M	9,516,932.5M	9,918,943.1M	7,069,775.4M	4,478,102.0M	4,707,842.7M	3,949,828.2M	3,565,438.2M	1,948,186.9M	1,362,725.0M	1,251,039.0M
Capital Employed	19,851,752.6M	20,151,496.9M	19,654,436.9M	17,721,245.3M	15,907,116.4M	14,201,744.3M	13,581,462.8M	12,696,519.9M	11,878,122.8M	11,393,717.1M	10,015,033.2M	10,331,727.4M	8,608,161.0M	8,039,849.4M	6,645,139.2M	4,448,231.7M	3,821,371.9M	3,248,786.2M	2,682,510.2M	1,910,740.7M	1,389,198.5M	1,197,175.8M
Invested Capital	10,624,675.2M	13,181,816.2M	11,513,657.0M	9,355,764.7M	9,647,445.2M	9,802,149.7M	11,319,440.5M	11,085,596.2M	10,429,799.8M	8,959,677.5M	9,492,127.3M	8,684,997.6M	8,620,341.9M	9,098,878.4M	5,184,832.0M	3,148,312.8M	4,015,994.4M	3,676,133.9M	3,279,304.7M	1,734,988.9M	1,244,084.5M	1,177,210.1M

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
Net Income	1,035,271.26M	2,539,614.82M	0.00M	2,780,349.51M	2,403,334.89M	1,111,613.59M	924,918.47M	713,623.44M	1,644,834.07M	1,201,667.17M	1,010,786.39M	1,033,629.85M	810,094.17M	648,250.29M	649,313.62M	2,284,079.89M	339,092.09M	339,896.37M	270,951.68M	237,194.72M	142,796.33M	139,256.93M
Depreciation & Amortization	243,821.68M	477,694.49M	0.00M	452,484.87M	39,938.72M	404,717.27M	380,595.69M	326,886.05M	15,060.01M	26,773.83M	25,165.41M	24,352.15M	21,855.08M	19,874.15M	17,129.96M	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	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	6,029.05M	11,302.94M	20,057.16M	15,358.53M	21,458.91M	22,113.28M	12,452.72M	9,276.02M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	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
Accounts Receivable	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
Inventory	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
Accounts Payable	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 Working Capital	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 Non-Cash Items	2,580,820.43M	-888,884.75M	1,351,034.62M	269,063.31M	-2,443,273.61M	1,428,226.59M	-238,541.18M	-358,558.99M	-1,659,894.08M	-1,228,441.00M	-1,035,951.80M	-1,057,982.00M	-831,949.25M	-668,124.43M	-666,443.58M	-2,284,079.89M	-339,092.09M	-339,896.37M	-270,951.68M	-237,194.72M	-142,796.33M	-139,256.93M
Net Cash from Operating Activities	3,859,913.36M	1,657,147.64M	1,351,034.62M	3,501,897.70M	2,443,273.61M	2,944,557.44M	1,066,972.98M	687,979.55M	15,060.01M	26,773.83M	25,165.41M	24,352.15M	21,855.08M	521,916.68M	635,990.59M	932,416.94M	427,918.66M	671,152.32M	443,527.06M	220,433.20M	237,284.36M	60,049.52M
Capital Expenditures (PPE)	-1,067,784.51M	-1,302,214.81M	-1,187,393.74M	-648,517.32M	-290,151.22M	-241,758.59M	-341,016.66M	-807,476.77M	-1,222,119.29M	-635,614.30M	-657,590.70M	-273,264.18M	-624,630.57M	-793,985.47M	-1,044,801.28M	-390,821.96M	-491,098.73M	-843,713.00M	-889,563.47M	-429,111.39M	-229,990.64M	-128,135.54M
Acquisitions (Net)	-47.73M	183,436.30M	0.00M	0.00M	103.85M	151,184.95M	24,952.49M	13,142.52M	209,447.86M	205,092.39M	-30,050.00M	595,131.69M	-155,200.00M	-100,000.00M	-112,000.00M	-24,412.50M	0.00M	-92,163.87M	-39,542.00M	-130,466.37M	-25,599.38M	-30,565.43M
Purchases of Investments	0.00M	0.00M	0.00M	0.00M	-103.85M	0.00M	-24,952.49M	-266.59M	0.00M	-114,037.00M	-37,327.96M	-15,025.03M	0.00M	0.00M	0.00M	-36,694.55M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Sales / Maturities of Investments	0.00M	0.00M	0.00M	0.00M	103.85M	0.00M	24,952.49M	266.59M	132,295.65M	827,343.30M	0.00M	0.00M	0.00M	0.00M	0.00M	2,132,683.14M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Investing Activities	24,397.78M	7,659.96M	14,480.97M	64,982.53M	13,649.00M	-117,784.35M	176,711.55M	15,036.78M	1,475,637.40M	550,668.82M	-1,404.93M	-6,947.35M	2,822.96M	-3,843.47M	-47,177.25M	-4,488.48M	-7,792.56M	-100,580.91M	10,669.94M	86,725.93M	17,916.52M	-38,539.65M
Net Cash from Investing Activities	-1,043,434.46M	-1,116,353.20M	-1,172,912.77M	-583,534.79M	-276,398.38M	-208,357.99M	-139,352.63M	-779,297.47M	385,813.75M	833,453.21M	-689,045.63M	-280,211.52M	-777,007.60M	-897,828.94M	-1,203,978.53M	1,676,265.65M	-498,891.29M	-1,036,457.78M	-918,435.53M	-472,851.82M	-237,673.51M	-197,240.61M
Net Debt Issuance	121,577.02M	426,502.34M	544,566.11M	1,571,398.47M	-108,274.98M	-1,174,353.75M	-719,608.94M	387,416.35M	1,019,463.44M	-766,058.97M	208,925.05M	-370,715.04M	-1,029,223.19M	1,645,877.52M	1,954,115.76M	-619,833.81M	204,005.53M	322,788.33M	654,759.66M	-2,246,142.09M	-1,320,646.74M	-915,370.76M
Long-Term Debt Issuance	96,277.02M	233,540.58M	542,566.11M	1,567,971.57M	-99,146.93M	-471,461.21M	89,959.55M	17,600.34M	-21,106.25M	-210,202.67M	7,775.58M	267,884.15M	-122,184.58M	190,318.47M	1,693,106.98M	-123,035.03M	59,676.11M	263,177.78M	481,805.58M	270,933.35M	110,416.06M	12,183.18M
Short-Term Debt Issuance	25,300.00M	-62.42M	2,000.00M	3,426.90M	-9,128.05M	-796,676.77M	-809,568.49M	369,816.01M	1,040,569.69M	-555,856.29M	201,149.47M	-638,599.19M	-907,038.61M	1,455,559.05M	261,008.78M	-496,798.79M	144,329.41M	59,610.56M	283,641.06M	-2,517,075.44M	-1,431,062.80M	-927,553.94M
Net Stock Issuance	23,428.05M	7,809.35M	7,809.35M	0.00M	0.00M	0.00M	-118,071.86M	0.00M	0.00M	82,268.89M	0.00M	139,411.44M	90,175.10M	0.00M	23,557.86M	24,954.08M	559,335.19M	28,361.40M	3,877.20M	2,645,510.76M	1,406,693.13M	957,923.46M
Common Stock Issuance	23,428.05M	7,809.35M	7,809.35M	0.00M	0.00M	0.00M	0.00M	0.00M	44,960.40M	82,268.89M	196,369.17M	139,411.44M	90,175.10M	47,476.42M	23,557.86M	24,954.08M	559,335.19M	28,361.40M	167,516.77M	0.00M	0.00M	0.00M
Common Stock Repurchased	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-118,071.86M	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
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	4,689,534.82M	2,645,510.76M	1,406,693.13M	957,923.46M
Net Dividends Paid	-1,977,629.46M	-2,467,146.20M	-1,973,716.96M	-2,467,146.20M	-828,961.12M	-532,903.58M	-395,041.21M	-722,645.09M	-883,232.88M	-600,021.34M	-359,120.45M	-512,162.64M	-253,723.70M	-445,112.30M	-94,866.29M	-1,283,737.74M	-208,328.83M	-3,125.40M	-121,887.28M	-41,877.94M	-37,440.00M	-24,960.00M
Common Dividends Paid	-1,977,629.46M	-2,467,146.20M	-1,973,716.96M	-2,467,146.20M	-828,961.12M	-532,903.58M	-395,041.21M	-722,645.09M	-883,232.88M	-600,021.34M	-359,120.45M	-512,162.64M	-253,723.70M	-445,112.30M	-94,866.29M	-1,283,737.74M	-208,328.83M	-3,125.40M	-121,887.28M	-41,877.94M	-37,440.00M	-24,960.00M
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
Other Financing Activities	-17,478.23M	-302,427.43M	-48,690.12M	247,290.97M	63,994.32M	24,000.12M	-6,371.48M	206,396.59M	214,523.01M	172,390.20M	230,869.17M	586,887.41M	-20.50M	451,455.01M	-380.16M	-431.36M	-103,438.21M	67,104.53M	0.00M	-14,058.37M	0.00M	0.00M
Net Cash from Financing Activities	-1,850,102.62M	-2,335,261.95M	-1,470,031.62M	-648,456.76M	-873,241.78M	-1,683,257.21M	-1,239,093.50M	-128,832.14M	350,753.57M	-1,111,421.22M	80,673.78M	-156,578.82M	-1,192,792.29M	1,652,220.23M	1,882,427.17M	-1,879,048.84M	451,573.67M	415,128.86M	536,749.58M	343,432.35M	48,606.39M	17,592.70M
Effect of FX on Cash	227,757.85M	-32,899.31M	126,679.09M	-72,261.21M	258,315.42M	-1,813.47M	55.90M	-90,152.59M	112,151.23M	17,660.88M	33,882.92M	-151,418.20M	-83,054.90M	105,923.56M	45,303.31M	-14,116.46M	37,552.94M	-62,262.55M	11,094.33M	3,543.79M	-3,405.63M	-237.56M
Net Change in Cash	1,194,134.13M	-1,827,366.82M	-1,169,634.07M	2,197,644.93M	1,737,488.34M	1,051,128.78M	-311,417.25M	-310,302.66M	399,854.52M	404,285.52M	77,134.36M	393,218.51M	76,525.89M	-1,064,878.57M	555,154.05M	715,517.30M	418,153.99M	-12,439.15M	72,935.45M	94,557.52M	44,811.61M	-119,835.96M
Cash at Beginning of Period	19,130,421.08M	24,483,322.18M	6,535,625.68M	4,337,980.75M	2,600,492.41M	1,549,363.63M	1,860,780.88M	2,171,083.54M	1,771,229.01M	1,366,943.49M	1,289,809.13M	896,590.62M	820,064.74M	1,884,943.31M	1,329,789.26M	614,271.96M	273,694.33M	286,133.47M	213,198.02M	118,640.51M	73,828.90M	193,664.85M
Cash at End of Period	20,324,555.21M	22,655,955.36M	5,365,991.61M	6,535,625.68M	4,337,980.75M	2,600,492.41M	1,549,363.63M	1,860,780.88M	2,171,083.54M	1,771,229.01M	1,366,943.49M	1,289,809.13M	896,590.62M	820,064.74M	1,884,943.31M	1,329,789.26M	691,848.31M	273,694.33M	286,133.47M	213,198.02M	118,640.51M	73,828.90M
Operating Cash Flow	3,859,913.36M	1,657,147.64M	1,351,034.62M	3,501,897.70M	2,443,273.61M	2,944,557.44M	1,066,972.98M	687,979.55M	15,060.01M	26,773.83M	25,165.41M	24,352.15M	21,855.08M	521,916.68M	635,990.59M	932,416.94M	427,918.66M	671,152.32M	443,527.06M	220,433.20M	237,284.36M	60,049.52M
Capital Expenditure	-1,067,784.51M	-1,302,214.81M	-1,187,393.74M	-648,517.32M	-290,151.22M	-241,758.59M	-341,016.66M	-807,476.77M	-1,222,119.29M	-635,614.30M	-657,590.70M	-273,264.18M	-624,630.57M	-793,985.47M	-1,044,801.28M	-390,821.96M	-491,098.73M	-843,713.00M	-889,563.47M	-429,111.39M	-229,990.64M	-128,135.54M
Free Cash Flow	2,792,128.85M	354,932.83M	159,237.50M	2,853,380.37M	2,153,122.39M	2,702,798.86M	725,956.32M	-119,497.22M	-1,207,059.28M	-608,840.47M	-632,425.30M	-248,912.03M	-602,775.48M	-272,068.79M	-408,810.69M	541,594.98M	-63,180.07M	-172,560.68M	-446,036.41M	-208,678.19M	7,293.72M	-68,086.02M

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
EBITDA	3,663,455.44M	3,964,312.84M	3,707,527.13M	4,239,220.40M	4,323,093.27M	2,487,942.26M	2,220,493.41M	1,911,131.40M	1,636,782.98M	1,961,451.33M	2,004,152.69M	1,978,098.09M	1,483,197.84M	1,164,984.62M	1,106,287.39M	690,584.70M	524,443.58M	587,847.76M	920,543.94M	744,502.53M	474,335.04M	422,122.97M
(-) Tax Adjustment	547,216.46M	536,675.85M	544,305.11M	681,006.91M	778,829.34M	463,790.81M	428,030.21M	366,343.64M	417,058.87M	262,801.26M	189,490.98M	387,923.29M	302,779.00M	186,616.41M	260,761.37M	136,104.87M	101,119.39M	161,142.07M	282,520.76M	222,317.20M	116,415.93M	101,252.84M
(-) Change In Working Capital	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
(-) Capital Expenditure	-1,067,784.51M	-1,302,214.81M	-1,187,393.74M	-648,517.32M	-290,151.22M	-241,758.59M	-341,016.66M	-807,476.77M	-1,222,119.29M	-635,614.30M	-657,590.70M	-273,264.18M	-624,630.57M	-793,985.47M	-1,044,801.28M	-390,821.96M	-491,098.73M	-843,713.00M	-889,563.47M	-429,111.39M	-229,990.64M	-128,135.54M
Unlevered Free Cash Flow	2,048,454.47M	2,125,422.18M	1,975,828.28M	2,909,696.17M	3,254,112.71M	1,782,392.86M	1,451,446.53M	737,310.99M	-2,395.18M	1,063,035.77M	1,157,071.01M	1,316,910.62M	555,788.28M	184,382.74M	-199,275.25M	163,657.86M	-67,774.54M	-417,007.31M	-251,540.29M	93,073.95M	127,928.47M	192,734.59M
(-) Net Interest Income After Taxes	165,495.44M	193,320.82M	182,561.14M	77,558.90M	-6,672.31M	-16,222.68M	-19,545.84M	-64,539.69M	26,530.36M	18,228.12M	-24,108.72M	-23,379.63M	-64,116.83M	-31,563.47M	-13,359.81M	22,511.17M	-75,935.73M	-79,731.11M	-63,915.65M	-32,276.11M	-20,608.55M	-13,027.70M
Net Debt Issuance	121,577.02M	426,502.34M	544,566.11M	1,571,398.47M	-108,274.98M	-1,174,353.75M	-719,608.94M	387,416.35M	1,019,463.44M	-766,058.97M	208,925.05M	-370,715.04M	-1,029,223.19M	1,645,877.52M	1,954,115.76M	-619,833.81M	204,005.53M	322,788.33M	654,759.66M	-2,246,142.09M	-1,320,646.74M	-915,370.76M
Levered Free Cash Flow	2,004,536.05M	2,358,603.69M	2,337,833.24M	4,403,535.74M	3,152,510.04M	624,261.79M	751,383.43M	1,189,267.03M	990,537.90M	278,748.68M	1,390,104.77M	969,575.21M	-409,318.07M	1,861,823.73M	1,768,200.31M	-478,687.12M	212,166.72M	-14,487.86M	467,135.02M	-2,120,792.04M	-1,172,109.72M	-709,608.46M