Hang Lung Group Limited (0010.HK)

Industry: Real Estate - Diversified Sector: Real Estate Currency Used: HK Live Price: $16.24

Enterprise Value

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994
Stock Price	9.48	11.26	14.57	18.23	18.65	20.46	20.97	30.53	25.13	29.68	38.58	40.43	45.80	45.93	46.50	37.58	29.05	38.95	20.23	15.13	12.90	7.47	7.35	7.60	6.05	8.75	8.75	8.75	8.75	8.75	8.75
Market Capitalization	12,927.43M	15,331.82M	19,838.78M	24,822.30M	25,394.18M	27,873.39M	28,553.13M	41,575.05M	34,123.50M	40,260.86M	52,339.46M	54,837.99M	62,196.40M	62,320.22M	62,914.50M	50,654.86M	39,284.32M	52,392.02M	27,112.79M	20,213.48M	17,152.48M	9,899.76M	4,919.11M	5,100.23M	8,040.82M	11,654.83M	12,064.87M	12,411.75M	12,066.97M	11,644.17M	11,527.30M
(-) Cash & Equivalents	9,017.50M	6,007.00M	5,552.50M	3,997.00M	1,642.00M	2,974.50M	8,540.00M	10,945.50M	25,905.50M	27,402.00M	39,424.00M	33,495.50M	36,049.50M	17,405.63M	18,377.50M	10,095.35M	2,684.53M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
(+) Total Debt	56,020.00M	49,356.50M	45,729.00M	43,899.50M	36,630.50M	32,939.50M	29,980.00M	27,812.00M	33,543.00M	38,379.00M	42,901.50M	42,989.00M	36,068.00M	13,929.75M	13,312.00M	6,013.30M	2,358.15M	2,120.45M	2,946.75M	1,599.28M	2,829.83M	6,625.60M	6,431.65M	2,524.95M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Enterprise Value	59,929.93M	58,681.32M	60,015.28M	64,724.80M	60,382.68M	57,838.39M	49,993.13M	58,441.55M	41,761.00M	51,237.86M	55,816.96M	64,331.49M	62,214.90M	58,844.35M	57,849.00M	46,572.81M	38,957.94M	54,512.47M	30,059.54M	21,812.76M	19,982.30M	16,525.36M	11,350.76M	7,625.18M	8,040.82M	11,654.83M	12,064.87M	12,411.75M	12,066.97M	11,644.17M	11,527.30M

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	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30
Revenue	22,342M	22,114M	11,760M	11,008M	10,935M	10,933M	9,556M	9,449M	10,015M	11,995M	13,777M	9,784M	17,961M	10,165M	7,986M	3,361M	5,714M	12,580M	4,696M	10,553M	4,778M	4,284M	7,472M	5,449M	3,421M	3,254M	5,823M	2,822M	3,525M	5,230M	7,359M	6,939M
Cost of Revenue	8,324M	6,434M	4,934M	3,087M	3,258M	3,112M	2,646M	2,537M	2,766M	3,462M	4,310M	2,573M	4,200M	0M	1,826M	708M	1,138M	3,228M	880M	3,780M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Gross Profit	14,018M	15,680M	6,826M	7,921M	7,677M	7,821M	6,910M	6,912M	7,249M	8,533M	9,467M	7,211M	13,761M	10,165M	6,160M	2,653M	4,576M	9,352M	3,816M	6,773M	4,778M	4,284M	7,472M	5,449M	3,421M	3,254M	5,823M	2,822M	3,525M	5,230M	7,359M	6,939M
Gross Profit Margin	62.7%	70.9%	58.0%	72.0%	70.2%	71.5%	72.3%	73.2%	72.4%	71.1%	68.7%	73.7%	76.6%	100.0%	77.1%	78.9%	80.1%	74.3%	81.3%	64.2%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
R&D Expenses	52M	123M	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	0M	0M	0M	0M
SG&A Expenses	1,333M	1,344M	672M	680M	673M	618M	559M	623M	707M	656M	671M	728M	705M	698M	695M	300M	490M	526M	449M	450M	329M	252M	175M	182M	128M	165M	148M	137M	0M	0M	0M	0M
Operating Expenses	5,324M	8,074M	665M	675M	662M	589M	559M	623M	707M	600M	5,131M	2,694M	3,253M	566M	695M	-872M	-3,266M	-21,143M	-3,360M	450M	2,144M	1,912M	4,018M	3,014M	1,955M	1,616M	3,661M	718M	-1,334M	-1,295M	-3,078M	-3,344M
Operating Income (EBIT)	8,694M	7,606M	6,161M	7,246M	7,015M	7,232M	6,351M	6,289M	6,542M	7,933M	4,336M	4,517M	10,508M	9,599M	5,465M	3,525M	7,842M	30,495M	7,176M	6,323M	2,633M	2,372M	3,454M	2,435M	1,467M	1,638M	2,163M	2,104M	4,859M	6,525M	10,437M	10,283M
Operating Income Margin	38.9%	34.4%	52.4%	65.8%	64.2%	66.1%	66.5%	66.6%	65.3%	66.1%	31.5%	46.2%	58.5%	94.4%	68.4%	104.9%	137.2%	242.4%	152.8%	59.9%	55.1%	55.4%	46.2%	44.7%	42.9%	50.4%	37.1%	74.6%	137.8%	124.8%	141.8%	148.2%
Interest Income	136M	157M	60M	102M	73M	82M	70M	160M	646M	610M	269M	117M	396M	529M	740M	343M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Interest Expense	1,090M	3,168M	846M	623M	449M	430M	0M	54M	1,431M	1,350M	1,425M	1,026M	698M	464M	388M	149M	139M	120M	172M	307M	466M	0M	0M	957M	558M	651M	0M	491M	774M	2,522M	1,326M	857M
Net Interest Income	-954M	-3,011M	-786M	-521M	-376M	-348M	70M	106M	-785M	-740M	-1,156M	-909M	-302M	65M	352M	194M	-139M	-120M	-172M	-307M	-466M	0M	0M	-957M	-558M	-651M	0M	-491M	-774M	-2,522M	-1,326M	-857M
Unusual Items	1,669M	8,559M	-1,123M	-151M	-287M	396M	-7,345M	11,400M	4,903M	3,592M	5,197M	3,599M	4,898M	464M	5,492M	-102M	290M	262M	181M	11,675M	7,904M	3,781M	6,758M	1,070M	245M	512M	-439M	49M	-1,813M	-1,366M	-4,763M	-5,750M
EBT Excluding Unusual Items	7,740M	4,595M	5,375M	6,725M	6,639M	6,884M	6,421M	6,395M	5,757M	7,193M	3,180M	3,608M	10,206M	9,664M	5,817M	3,719M	7,703M	30,375M	7,004M	6,016M	2,168M	2,372M	3,454M	1,478M	909M	988M	2,163M	1,613M	4,086M	4,002M	9,110M	9,426M
Pre-Tax Income	9,409M	13,154M	4,252M	6,574M	6,352M	7,280M	-924M	17,795M	10,660M	10,785M	8,377M	7,207M	15,104M	10,128M	11,309M	3,617M	7,993M	30,637M	7,184M	17,691M	10,072M	6,153M	10,212M	2,548M	1,153M	1,499M	1,724M	1,662M	2,272M	2,636M	4,348M	3,677M
Pre-Tax Margin	42.1%	59.5%	36.2%	59.7%	58.1%	66.6%	-9.7%	188.3%	106.4%	89.9%	60.8%	73.7%	84.1%	99.6%	141.6%	107.6%	139.9%	243.5%	153.0%	167.6%	210.8%	143.6%	136.7%	46.8%	33.7%	46.1%	29.6%	58.9%	64.5%	50.4%	59.1%	53.0%
Income Tax Expense	3,316M	3,487M	1,416M	1,659M	1,557M	2,191M	1,261M	5,403M	1,364M	1,447M	1,472M	1,216M	2,368M	1,567M	1,379M	580M	1,117M	6,438M	1,616M	3,034M	1,480M	1,151M	1,929M	610M	153M	133M	308M	215M	152M	384M	435M	462M
Net Income	3,439M	5,481M	1,613M	2,811M	2,718M	2,589M	-1,541M	6,816M	5,285M	5,314M	3,713M	3,211M	6,825M	4,557M	5,262M	1,578M	3,529M	12,404M	2,638M	7,516M	8,592M	2,833M	8,282M	987M	488M	692M	1,416M	873M	1,265M	1,029M	2,520M	2,275M
Net Income Margin	15.4%	24.8%	13.7%	25.5%	24.9%	23.7%	-16.1%	72.1%	52.8%	44.3%	27.0%	32.8%	38.0%	44.8%	65.9%	47.0%	61.8%	98.6%	56.2%	71.2%	179.8%	66.1%	110.8%	18.1%	14.3%	21.3%	24.3%	30.9%	35.9%	19.7%	34.2%	32.8%
Depreciation & Amortization	235M	153M	117M	88M	78M	62M	48M	50M	46M	44M	57M	-6,483M	-13,058M	-6,986M	38M	16M	27M	24M	15M	11,387M	-1,200M	-285M	-324M	-119M	268M	163M	484M	525M	1,334M	1,295M	3,078M	3,344M
EBITDA	8,929M	7,759M	6,278M	7,334M	7,093M	7,294M	6,399M	6,339M	6,588M	7,977M	4,393M	-1,966M	-2,550M	2,613M	5,503M	3,541M	7,869M	30,519M	7,191M	17,710M	1,433M	2,087M	3,130M	2,316M	1,735M	1,801M	2,646M	2,629M	6,193M	7,819M	13,514M	13,628M
EBITDA Margin	40.0%	35.1%	53.4%	66.6%	64.9%	66.7%	67.0%	67.1%	65.8%	66.5%	31.9%	-20.1%	-14.2%	25.7%	68.9%	105.4%	137.7%	242.6%	153.1%	167.8%	30.0%	48.7%	41.9%	42.5%	50.7%	55.4%	45.4%	93.2%	175.7%	149.5%	183.6%	196.4%
NOPAT	5,630M	5,590M	4,109M	5,417M	5,295M	5,055M	5,017M	4,380M	5,705M	6,869M	3,574M	3,755M	8,861M	8,114M	4,799M	2,960M	6,746M	24,087M	5,562M	5,239M	2,246M	1,928M	2,801M	1,852M	1,273M	1,493M	1,777M	1,832M	4,534M	5,574M	9,392M	8,990M
NOPAT Margin	25.2%	25.3%	34.9%	49.2%	48.4%	46.2%	52.5%	46.3%	57.0%	57.3%	25.9%	38.4%	49.3%	79.8%	60.1%	88.1%	118.1%	191.5%	118.4%	49.6%	47.0%	45.0%	37.5%	34.0%	37.2%	45.9%	30.5%	64.9%	128.6%	106.6%	127.6%	129.6%
Owner's Earnings	-1,651M	752M	1,552M	2,784M	75M	-227M	-4,618M	-5,450M	-7,683M	1,107M	1,088M	-9,460M	-11,538M	-12,325M	-60M	-5,366M	-2,768M	8,742M	386M	17,455M	4,518M	1,085M	6,631M	405M	584M	421M	671M	-202M	1,728M	797M	5,182M	4,216M
Owner's Earnings Margin	-7.4%	3.4%	13.2%	25.3%	0.7%	-2.1%	-48.3%	-57.7%	-76.7%	9.2%	7.9%	-96.7%	-64.2%	-121.2%	-0.8%	-159.7%	-48.4%	69.5%	8.2%	165.4%	94.6%	25.3%	88.7%	7.4%	17.1%	12.9%	11.5%	-7.2%	49.0%	15.2%	70.4%	60.8%
EPS (Basic)	2.52	4.03	1.18	2.06	2.00	1.90	-1.13	5.01	3.88	3.90	2.73	2.37	5.04	3.36	3.90	2.38	2.62	9.83	1.98	5.64	3.59	2.13	3.50	1.92	0.29	0.52	0.56	0.66	0.95	0.77	1.87	1.69
EPS (Diluted)	2.53	4.03	1.18	2.06	2.00	1.90	-1.13	5.01	3.88	3.90	2.73	2.37	5.03	3.36	3.87	1.16	2.60	9.17	1.96	5.56	6.39	2.11	6.20	0.74	0.37	0.52	1.07	0.66	0.95	0.77	1.87	1.69
Shares (Basic)	1,364M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,358M	1,355M	1,353M	1,356M	1,349M	1,348M	1,346M	1,337M	1,334M	1,334M	1,333M	1,331M	1,328M	1,327M	1,326M	1,323M	1,322M	1,329M	1,329M	1,335M	1,348M	1,348M
Shares (Diluted)	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,362M	1,358M	1,357M	1,358M	1,357M	1,358M	1,357M	1,357M	1,353M	1,348M	1,352M	1,345M	1,341M	1,336M	1,330M	1,326M	1,325M	1,325M	1,329M	1,329M	1,335M	1,348M	1,348M

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	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30
Cash & Cash Equivalents	7,476.00M	10,817.00M	10,817.00M	6,343.00M	5,704.00M	4,432.00M	1,591.00M	1,727.00M	6,849.00M	6,785.00M	23,578.00M	27,019.00M	40,219.00M	39,109.00M	40,183.00M	26,149.00M	28,274.00M	11,852.00M	9,631.70M	10,738.10M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Short-Term Investments	0.00M	0.00M	0.00M	0.00M	81.00M	4,708.00M	5,202.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	7,091.60M	6,189.40M	3,733.80M	1,959.40M	1,695.70M	4,326.70M	4,708.50M	5,333.10M	0.00M	0.00M	0.00M	0.00M
Cash & Short-Term Investments	7,476.00M	10,817.00M	10,817.00M	6,343.00M	5,785.00M	9,140.00M	6,793.00M	1,727.00M	6,849.00M	6,785.00M	23,578.00M	27,019.00M	40,219.00M	39,109.00M	40,183.00M	26,149.00M	28,274.00M	11,852.00M	9,631.70M	10,738.10M	7,091.60M	6,189.40M	3,733.80M	1,959.40M	1,695.70M	4,326.70M	4,708.50M	5,333.10M	0.00M	0.00M	0.00M	0.00M
Net Receivables	3,140.00M	3,211.00M	3,211.00M	3,441.00M	3,589.00M	3,555.00M	3,531.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	779.00M	0.00M	0.00M	0.00M	0.00M	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	13,510.00M	13,510.00M	14,244.00M	11,689.00M	10,811.00M	8,009.00M	5,662.00M	2,463.00M	1,634.00M	2,374.00M	3,852.00M	4,068.00M	0.00M	6,139.00M	6,145.00M	5,994.00M	0.00M	0.00M	6,848.40M	9,746.30M	10,214.50M	10,757.30M	12,096.30M	11,456.20M	9,975.50M	8,769.40M	7,266.30M	0.00M	0.00M	0.00M	0.00M
Other Current Assets	-10,616.00M	0.00M	0.00M	0.00M	-15,359.00M	-14,490.00M	-12,825.00M	-5,662.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	452.00M	449.00M	1,202.00M	7,418.00M	8,413.40M	1,383.00M	1,266.30M	1,547.70M	995.50M	1,922.70M	286.40M	308.10M	234.60M	209.90M	11,803.80M	0.00M	12,882.80M	13,378.30M
Total Current Assets	0.00M	27,538.00M	27,538.00M	24,028.00M	5,704.00M	9,016.00M	5,508.00M	1,727.00M	9,312.00M	8,419.00M	25,952.00M	30,871.00M	44,287.00M	39,109.00M	46,774.00M	33,522.00M	35,470.00M	19,270.00M	18,045.10M	18,969.50M	18,104.20M	17,951.60M	15,486.60M	15,978.40M	13,438.30M	14,610.30M	13,712.50M	12,809.30M	11,803.80M	0.00M	12,882.80M	13,378.30M
Property, Plant & Equipment	204,281.00M	2,838.00M	2,838.00M	328.00M	317.00M	286.00M	250.00M	196,051.00M	175,971.00M	164,216.00M	150,611.00M	154,385.00M	154,274.00M	146,591.00M	255.00M	125,672.00M	115,740.00M	104,129.00M	77,652.90M	71,900.00M	56,599.70M	47,000.50M	41,730.60M	34,440.30M	31,166.10M	32,402.20M	34,284.40M	34,245.30M	31,768.10M	35,383.80M	41,571.50M	36,659.20M
Goodwill	0.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	1,182.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	0.00M	0.00M	0.00M	0.00M	1,182.00M	1,182.00M	1,182.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	0.00M	0.00M	0.00M	4,450.00M	4,140.00M	3,304.00M	3,222.00M	3,569.00M	6,160.00M	6,903.00M	2,923.00M	155,548.00M	155,433.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-5,647.60M	-4,710.40M	-2,341.40M	-455.90M	196.70M	-2,417.90M	-2,471.30M	-2,820.00M	0.00M	0.00M	0.00M	0.00M
Tax Assets	0.00M	143.00M	143.00M	145.00M	144.00M	84.00M	91.00M	4.00M	3.00M	2.00M	22.00M	19.00M	23.00M	0.00M	19.00M	45.00M	45.00M	40.00M	61.40M	33.80M	74.50M	77.30M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	30,448.00M	203,267.00M	203,267.00M	201,319.00M	193,618.00M	204,411.00M	196,284.00M	-3,573.00M	-6,163.00M	-6,905.00M	-2,945.00M	-155,567.00M	-155,456.00M	12,083.00M	132,907.00M	3,849.00M	4,112.00M	2,896.00M	2,774.10M	2,585.40M	7,091.60M	6,189.40M	3,733.80M	1,959.40M	1,695.70M	4,326.70M	4,708.50M	5,333.10M	2,234.10M	-35,383.80M	2,121.10M	1,971.30M
Other Assets	0.00M	0.00M	0.00M	23,713.00M	20,252.00M	18,561.00M	17,027.00M	14,279.00M	14,595.00M	23,605.00M	10,998.00M	13,120.00M	9,698.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	46,273.00M	0.00M	0.00M
Total Non-Current Assets	234,729.00M	207,430.00M	207,430.00M	231,137.00M	220,835.00M	229,010.00M	219,238.00M	211,512.00M	191,748.00M	189,003.00M	162,791.00M	168,687.00M	165,154.00M	159,856.00M	134,363.00M	129,566.00M	119,897.00M	107,065.00M	80,488.40M	74,519.20M	58,118.20M	48,556.80M	43,123.00M	35,943.80M	33,058.50M	34,311.00M	36,521.60M	36,758.40M	34,002.20M	46,273.00M	43,692.60M	38,630.50M
Total Assets	234,729.00M	234,968.00M	234,968.00M	255,165.00M	226,539.00M	238,026.00M	224,746.00M	213,239.00M	201,060.00M	197,422.00M	188,743.00M	199,558.00M	209,441.00M	198,965.00M	181,137.00M	163,088.00M	155,367.00M	126,335.00M	98,533.50M	93,488.70M	76,222.40M	66,508.40M	58,609.60M	51,922.20M	46,496.80M	48,921.30M	50,234.10M	49,567.70M	45,806.00M	46,273.00M	56,575.40M	52,008.80M
Accounts Payable	0.00M	6,158.00M	6,158.00M	6,713.00M	6,314.00M	7,517.00M	7,968.00M	6,001.00M	3,786.00M	4,669.00M	4,563.00M	7,353.00M	6,196.00M	4,347.00M	5,240.00M	4,134.00M	3,709.00M	3,483.00M	2,387.00M	2,183.70M	1,894.30M	1,981.00M	2,034.80M	2,772.20M	2,024.10M	1,976.70M	2,048.60M	3,261.40M	1,722.10M	0.00M	0.00M	0.00M
Short-Term Debt	6,433.00M	9,340.00M	9,340.00M	4,434.00M	4,729.00M	8,079.00M	7,863.00M	3,241.00M	3,360.00M	3,017.00M	0.00M	6,640.00M	7,937.00M	1,657.00M	1,113.00M	5,400.00M	7,500.00M	3,180.00M	2,300.00M	1,000.00M	608.40M	0.00M	0.00M	0.00M	601.10M	306.10M	5,049.90M	5,616.20M	0.00M	0.00M	0.00M	0.00M
Tax Payables	0.00M	314.00M	314.00M	479.00M	457.00M	551.00M	659.00M	847.00M	581.00M	511.00M	982.00M	577.00M	1,606.00M	0.00M	446.00M	455.00M	1,231.00M	1,191.00M	888.70M	0.00M	227.70M	383.90M	625.70M	603.40M	372.10M	350.40M	342.20M	700.10M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	0.00M	0.00M	0.00M	0.00M	479.00M	191.00M	64.00M	66.00M	56.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	342.20M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Liabilities	-6,433.00M	3,031.00M	3,031.00M	3,423.00M	2,919.00M	3,082.00M	2,821.00M	2,685.00M	-7,749.00M	-8,216.00M	-5,545.00M	-14,570.00M	-15,739.00M	-6,650.00M	13.00M	0.00M	0.00M	0.00M	0.00M	0.00M	227.70M	0.00M	0.00M	540.00M	0.00M	0.00M	0.00M	535.60M	1,350.40M	4,192.80M	4,280.80M	4,482.60M
Total Current Liabilities	0.00M	18,843.00M	18,843.00M	15,049.00M	14,898.00M	19,420.00M	19,375.00M	12,840.00M	34.00M	-19.00M	0.00M	0.00M	0.00M	-646.00M	6,812.00M	9,989.00M	12,440.00M	7,854.00M	5,575.70M	3,183.70M	2,958.10M	2,364.90M	2,660.50M	3,915.60M	2,997.30M	2,633.20M	7,782.90M	10,113.30M	3,072.50M	4,192.80M	4,280.80M	4,482.60M
Long-Term Debt	49,565.00M	48,454.00M	48,454.00M	46,259.00M	41,224.00M	37,804.00M	30,907.00M	27,872.00M	27,291.00M	25,022.00M	30,551.00M	30,690.00M	32,158.00M	43,367.00M	36,532.00M	22,294.00M	13,401.00M	7,610.00M	9,166.40M	8,432.60M	7,873.40M	11,787.00M	6,397.10M	11,319.30M	12,650.10M	12,557.20M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Capital Lease Obligations	0.00M	263.00M	263.00M	278.00M	266.00M	305.00M	302.00M	293.00M	298.00M	319.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	35.00M	168.00M	287.20M	393.00M	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	14,720.00M	14,720.00M	14,950.00M	14,906.00M	15,974.00M	14,790.00M	13,884.00M	9,895.00M	10,173.00M	9,494.00M	10,144.00M	10,727.00M	0.00M	9,944.00M	9,637.00M	9,294.00M	13,538.00M	8,561.90M	7,434.20M	5,141.70M	3,959.50M	2,969.90M	656.80M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	31,186.00M	0.00M	0.00M	30,277.00M	-15,172.00M	-16,279.00M	-15,092.00M	-14,177.00M	-10,193.00M	-10,492.00M	-9,494.00M	-10,144.00M	-10,727.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1,107.00M	1,500.00M	2,070.70M	2,261.00M	824.60M	1,302.60M	1,349.70M	23,646.80M	20,162.10M	9,092.50M	5,622.50M	5,283.30M	8,047.90M
Total Non-Current Liabilities	80,751.00M	63,437.00M	63,437.00M	91,764.00M	41,224.00M	37,804.00M	30,907.00M	27,872.00M	27,291.00M	25,022.00M	30,551.00M	30,690.00M	32,158.00M	43,367.00M	46,476.00M	31,931.00M	22,730.00M	21,316.00M	18,015.50M	17,366.80M	14,515.10M	17,817.20M	11,628.00M	12,800.70M	13,952.70M	13,906.90M	23,646.80M	20,162.10M	9,092.50M	5,622.50M	5,283.30M	8,047.90M
Total Liabilities	80,751.00M	82,280.00M	82,280.00M	106,813.00M	56,122.00M	57,224.00M	50,282.00M	40,712.00M	27,325.00M	25,003.00M	30,551.00M	30,690.00M	32,158.00M	42,721.00M	53,288.00M	41,920.00M	35,170.00M	29,170.00M	23,591.20M	20,550.50M	17,473.20M	20,182.10M	14,288.50M	16,716.30M	16,950.00M	16,540.10M	31,429.70M	30,275.40M	12,165.00M	9,815.30M	9,564.10M	12,530.50M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock	4,065.00M	4,065.00M	4,065.00M	4,065.00M	4,065.00M	4,065.00M	4,065.00M	4,065.00M	4,065.00M	4,065.00M	4,065.00M	3,893.00M	3,893.00M	1,350.00M	1,350.00M	1,348.00M	1,348.00M	1,339.00M	1,334.30M	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
Retained Earnings	86,258.00M	86,438.00M	86,438.00M	85,922.00M	84,164.00M	82,610.00M	81,048.00M	84,224.00M	78,476.00M	74,243.00M	69,933.00M	67,287.00M	65,150.00M	59,376.00M	0.00M	50,982.00M	0.00M	0.00M	0.00M	31,783.40M	25,099.90M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accumulated OCI	93,584.00M	5,273.00M	5,273.00M	4,373.00M	4,590.00M	9,167.00M	6,992.00M	3,280.00M	4,181.00M	5,104.00M	1,935.00M	4,290.00M	6,983.00M	7,389.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Minority Interest	56,329.00M	56,912.00M	56,912.00M	60,556.00M	62,394.00M	68,645.00M	67,234.00M	67,033.00M	64,289.00M	66,419.00M	62,355.00M	64,832.00M	68,670.00M	65,836.00M	64,391.00M	60,658.00M	61,225.00M	46,935.00M	36,309.80M	35,274.80M	29,394.40M	21,313.20M	21,482.50M	16,052.10M	12,486.50M	14,221.30M	0.00M	0.00M	14,166.70M	15,589.40M	20,916.20M	16,764.00M
Total Shareholders’ Equity	183,907.00M	95,776.00M	95,776.00M	94,360.00M	92,819.00M	95,842.00M	92,105.00M	91,569.00M	86,722.00M	83,412.00M	75,933.00M	75,470.00M	76,026.00M	68,115.00M	1,350.00M	52,330.00M	1,348.00M	1,339.00M	1,334.30M	31,783.40M	25,099.90M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Equity	240,236.00M	152,688.00M	152,688.00M	154,916.00M	155,213.00M	164,487.00M	159,339.00M	158,602.00M	151,011.00M	149,831.00M	138,288.00M	140,302.00M	144,696.00M	133,951.00M	65,741.00M	112,988.00M	62,573.00M	48,274.00M	37,644.10M	67,058.20M	54,494.30M	21,313.20M	21,482.50M	16,052.10M	12,486.50M	14,221.30M	0.00M	0.00M	14,166.70M	15,589.40M	20,916.20M	16,764.00M
Total Liabilities & Equity	320,987.00M	234,968.00M	234,968.00M	261,729.00M	211,335.00M	221,711.00M	209,621.00M	199,314.00M	178,336.00M	174,834.00M	168,839.00M	170,992.00M	176,854.00M	176,672.00M	119,029.00M	154,908.00M	97,743.00M	77,444.00M	61,235.30M	87,608.70M	71,967.50M	41,495.30M	35,771.00M	32,768.40M	29,436.50M	30,761.40M	31,429.70M	30,275.40M	26,331.70M	25,404.70M	30,480.30M	29,294.50M
Tangible Assets	234,729.00M	233,786.00M	233,786.00M	253,983.00M	224,175.00M	235,662.00M	222,382.00M	212,057.00M	199,878.00M	196,240.00M	187,561.00M	198,376.00M	208,259.00M	197,783.00M	179,955.00M	163,088.00M	155,367.00M	126,335.00M	98,533.50M	93,488.70M	76,222.40M	66,508.40M	58,609.60M	51,922.20M	46,496.80M	48,921.30M	50,234.10M	49,567.70M	45,806.00M	46,273.00M	56,575.40M	52,008.80M
Tangible Equity	240,236.00M	151,506.00M	151,506.00M	153,734.00M	152,849.00M	162,123.00M	156,975.00M	157,420.00M	149,829.00M	148,649.00M	137,106.00M	139,120.00M	143,514.00M	132,769.00M	64,559.00M	112,988.00M	62,573.00M	48,274.00M	37,644.10M	67,058.20M	54,494.30M	21,313.20M	21,482.50M	16,052.10M	12,486.50M	14,221.30M	0.00M	0.00M	14,166.70M	15,589.40M	20,916.20M	16,764.00M
Tangible Book Value	240,236.00M	151,506.00M	151,506.00M	153,734.00M	152,849.00M	162,123.00M	156,975.00M	157,420.00M	149,829.00M	148,649.00M	137,106.00M	139,120.00M	143,514.00M	132,769.00M	64,559.00M	112,988.00M	62,573.00M	48,274.00M	37,644.10M	67,058.20M	54,494.30M	21,313.20M	21,482.50M	16,052.10M	12,486.50M	14,221.30M	0.00M	0.00M	14,166.70M	15,589.40M	20,916.20M	16,764.00M
Total Investments	0.00M	0.00M	0.00M	4,450.00M	4,221.00M	8,012.00M	8,424.00M	3,569.00M	6,160.00M	6,903.00M	2,923.00M	155,548.00M	155,433.00M	0.00M	2,323.00M	2,152.00M	1,982.00M	1,627.00M	1,499.80M	0.00M	1,444.00M	1,479.00M	1,392.40M	1,503.50M	1,892.40M	1,908.80M	2,237.20M	2,513.10M	313.00M	2,401.40M	0.00M	1,538.40M
Net Debt	48,522.00M	46,977.00M	46,977.00M	44,350.00M	40,249.00M	41,451.00M	37,179.00M	29,386.00M	23,802.00M	21,254.00M	6,973.00M	10,311.00M	-124.00M	5,915.00M	-2,538.00M	1,545.00M	-7,373.00M	-1,062.00M	1,834.70M	-1,305.50M	8,481.80M	11,787.00M	6,397.10M	11,319.30M	13,251.20M	12,863.30M	5,049.90M	5,616.20M	0.00M	0.00M	0.00M	0.00M

Capital Metrics

Metric	MRQ	MRQ-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30
Working Capital	0.0M	8,672.0M	8,672.0M	8,949.0M	-9,221.0M	-10,435.0M	-13,893.0M	-11,136.0M	-3,528.0M	-3,933.0M	15,267.0M	12,449.0M	22,427.0M	39,109.0M	41,728.0M	23,533.0M	23,030.0M	11,416.0M	12,468.9M	14,904.0M	15,373.8M	15,586.7M	12,826.1M	12,062.8M	10,420.6M	11,977.1M	5,848.6M	2,696.0M	7,947.3M	-4,192.8M	8,602.0M	8,895.7M
Total Capital	147,214.0M	153,833.0M	153,833.0M	145,331.0M	139,065.0M	142,061.0M	131,203.0M	122,723.0M	117,418.0M	108,478.0M	106,209.0M	112,800.0M	116,121.0M	113,939.0M	102,869.0M	88,204.0M	79,908.0M	61,188.0M	50,385.6M	46,214.2M	37,577.2M	36,800.1M	29,235.7M	30,473.1M	30,291.1M	31,023.2M	23,773.3M	19,292.3M	18,690.3M	20,868.3M	26,095.1M	22,714.3M
Capital Employed	234,729.0M	216,102.0M	216,102.0M	216,373.0M	211,614.0M	218,575.0M	205,345.0M	200,376.0M	188,220.0M	185,070.0M	178,058.0M	181,136.0M	187,581.0M	198,965.0M	176,091.0M	153,099.0M	142,927.0M	118,481.0M	92,957.3M	89,423.2M	73,492.0M	64,143.5M	55,949.1M	48,006.6M	43,479.1M	46,288.1M	42,370.2M	39,454.4M	41,949.5M	42,080.2M	52,294.6M	47,526.2M
Invested Capital	139,738.0M	143,016.0M	143,016.0M	138,988.0M	133,361.0M	137,629.0M	129,612.0M	120,996.0M	110,569.0M	101,693.0M	82,631.0M	85,781.0M	75,902.0M	74,830.0M	62,686.0M	62,055.0M	51,634.0M	49,336.0M	40,753.9M	35,476.1M	37,577.2M	36,800.1M	29,235.7M	30,473.1M	30,291.1M	31,023.2M	23,773.3M	19,292.3M	18,690.3M	20,868.3M	26,095.1M	22,714.3M

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	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30
Net Income	3,439.00M	5,481.00M	4,252.00M	2,811.00M	2,718.00M	2,589.00M	-1,541.00M	6,816.00M	5,285.00M	5,314.00M	3,713.00M	3,211.00M	6,825.00M	4,557.00M	11,309.00M	3,617.00M	7,993.00M	30,637.00M	7,184.20M	14,657.30M	8,592.10M	5,001.60M	8,282.30M	1,937.40M	1,000.90M	1,366.10M	1,416.30M	1,446.40M	2,120.10M	2,252.40M	3,912.60M	3,214.50M
Depreciation & Amortization	159.00M	153.00M	117.00M	88.00M	78.00M	62.00M	48.00M	50.00M	46.00M	44.00M	57.00M	55.00M	52.00M	40.00M	38.00M	16.00M	27.00M	24.00M	15.20M	0.00M	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 Income Tax	1,769.00M	-2,090.00M	0.00M	0.00M	-1,529.00M	-3,163.00M	-1,421.00M	78.00M	-426.00M	-2,804.00M	1,176.00M	-1,097.00M	-2,570.00M	1,229.00M	-6,524.00M	-2,432.00M	-4,507.00M	0.00M	0.00M	0.00M	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	116.00M	165.00M	74.00M	83.00M	88.00M	66.00M	55.00M	67.00M	71.00M	78.00M	103.00M	150.00M	157.00M	164.00M	233.00M	106.00M	113.00M	134.00M	133.50M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	-1,905.00M	-1,423.00M	-9.00M	-1,896.00M	-1,270.00M	-2,768.00M	-1,240.00M	-145.00M	355.00M	2,726.00M	-1,279.00M	947.00M	2,413.00M	-655.00M	376.00M	-190.00M	1,366.00M	1,418.00M	442.20M	0.00M	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	282.00M	-512.00M	224.00M	58.00M	-249.00M	-263.00M	-1,228.00M	-228.00M	-16.00M	1,987.00M	-2,810.00M	777.00M	724.00M	-1,801.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	-2,414.00M	-1,751.00M	159.00M	-2,573.00M	-1,017.00M	-3,408.00M	-318.00M	83.00M	371.00M	739.00M	1,531.00M	170.00M	1,689.00M	408.00M	20.00M	-120.00M	0.00M	0.00M	0.00M	0.00M	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	679.00M	-420.00M	604.00M	-19.00M	698.00M	276.00M	218.00M	70.00M	-109.00M	502.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	227.00M	161.00M	-392.00M	619.00M	15.00M	903.00M	306.00M	-218.00M	-70.00M	109.00M	-502.00M	812.00M	1,350.00M	738.00M	356.00M	-70.00M	0.00M	0.00M	0.00M	0.00M	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	2,047.00M	4,728.00M	781.00M	2,936.00M	4,358.00M	6,257.00M	7,860.00M	-1,168.00M	773.00M	675.00M	4,434.00M	1,636.00M	6,007.00M	1,066.00M	-282.00M	-60.00M	-87.00M	-22,984.00M	-4,323.30M	-6,670.20M	-5,647.70M	-2,989.70M	-3,022.40M	-1,222.20M	-1,049.50M	-877.70M	-2,807.30M	261.40M	-2,705.20M	-286.30M	232.60M	3,125.00M
Net Cash from Operating Activities	5,625.00M	6,882.00M	5,215.00M	4,022.00M	4,443.00M	3,043.00M	3,761.00M	5,698.00M	6,104.00M	8,837.00M	7,028.00M	5,999.00M	15,454.00M	5,172.00M	5,150.00M	1,057.00M	4,905.00M	9,229.00M	3,451.80M	7,987.10M	2,944.40M	2,011.90M	5,259.90M	715.20M	-48.60M	488.40M	-1,391.00M	1,707.80M	-585.10M	1,966.10M	4,145.20M	6,339.50M
Capital Expenditures (PPE)	-5,154.00M	-4,882.00M	-178.00M	0.00M	-2,721.00M	-2,878.00M	-3,125.00M	-12,316.00M	-13,014.00M	-4,251.00M	-2,682.00M	-6,188.00M	-5,305.00M	-9,896.00M	-5,360.00M	-6,960.00M	-6,324.00M	-3,686.00M	-2,267.20M	-1,448.40M	-2,874.00M	-1,462.30M	-1,326.90M	-462.50M	-171.90M	-433.40M	-1,228.70M	-1,599.80M	-871.50M	-1,526.90M	-415.60M	-1,404.00M
Acquisitions (Net)	-611.00M	-863.00M	0.00M	0.00M	-863.00M	-243.00M	-160.00M	1,150.00M	-2,481.00M	106.00M	-525.00M	59.00M	0.00M	0.00M	141.00M	0.00M	0.00M	-15.00M	0.00M	0.00M	0.00M	121.50M	0.00M	857.20M	183.00M	0.00M	0.00M	0.00M	9.20M	0.00M	369.60M	32.20M
Purchases of Investments	168.00M	-1,072.00M	-24.00M	0.00M	-879.00M	0.00M	2,208.00M	9,232.00M	-1.00M	-11,068.00M	-11.00M	-4,369.00M	0.00M	0.00M	-3,223.00M	-13.00M	-8,306.00M	0.00M	0.00M	0.00M	0.00M	-53.60M	-11.80M	-778.70M	-235.90M	0.00M	-182.10M	-15.90M	-0.10M	0.00M	0.00M	-56.40M
Sales / Maturities of Investments	151.00M	1,285.00M	0.00M	0.00M	41.00M	1,176.00M	716.00M	1,934.00M	7,905.00M	62.00M	3,429.00M	119.00M	487.00M	0.00M	541.00M	2,812.00M	0.00M	1.00M	701.30M	81.60M	0.00M	43.60M	1.70M	242.50M	3.40M	132.10M	0.00M	0.00M	11.30M	370.30M	0.00M	29.40M
Other Investing Activities	-1,454.00M	188.00M	-2,870.00M	-2,845.00M	1,219.00M	505.00M	-1,847.00M	-8,766.00M	2,538.00M	1,038.00M	1,467.00M	1,238.00M	1,106.00M	9,600.00M	5,915.00M	272.00M	324.00M	175.00M	255.80M	462.20M	494.20M	295.50M	-436.10M	156.00M	205.00M	511.30M	890.90M	-170.40M	-201.60M	46.20M	-126.30M	1,390.80M
Net Cash from Investing Activities	-6,900.00M	-5,587.00M	-3,072.00M	-2,845.00M	-3,203.00M	-1,440.00M	-2,208.00M	-8,766.00M	-5,053.00M	-14,113.00M	1,678.00M	-9,141.00M	-3,712.00M	-296.00M	-1,986.00M	-3,889.00M	-14,306.00M	-3,525.00M	-1,310.10M	-904.60M	-2,379.80M	-1,055.30M	-1,773.10M	14.50M	-16.40M	210.00M	-519.90M	-1,786.10M	-1,052.70M	-1,110.40M	-172.30M	-8.00M
Net Debt Issuance	8,025.00M	0.00M	7,378.00M	4,858.00M	1,139.00M	6,642.00M	6,857.00M	717.00M	3,211.00M	-4,085.00M	-5,548.00M	-2,258.00M	-4,933.00M	7,180.00M	10,134.00M	6,638.00M	10,104.00M	-665.00M	842.20M	459.10M	-3,324.00M	5,372.60M	-4,913.20M	1,507.60M	369.90M	538.40M	3,037.00M	139.50M	3,417.80M	891.20M	-3,839.90M	1,380.80M
Long-Term Debt Issuance	3,112.00M	0.00M	7,378.00M	4,858.00M	1,139.00M	6,642.00M	6,857.00M	717.00M	3,211.00M	-4,085.00M	-5,548.00M	-2,258.00M	-4,933.00M	7,180.00M	10,134.00M	12,033.00M	10,104.00M	-665.00M	936.00M	542.00M	-3,324.00M	5,372.60M	-4,913.20M	1,567.10M	369.90M	538.40M	3,037.00M	139.50M	3,417.80M	891.20M	-3,839.90M	1,380.80M
Short-Term Debt Issuance	4,913.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-5,395.00M	0.00M	0.00M	-93.80M	-82.90M	0.00M	0.00M	0.00M	-59.50M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	137.00M	0.00M	48.00M	2.00M	17.00M	5.00M	11,018.00M	31.00M	2.00M	4.70M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-16.40M	-21.90M	0.00M	-147.00M	-74.81M	0.60M
Common Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	137.00M	0.00M	48.00M	2.00M	17.00M	5.00M	11,029.00M	168.00M	2.00M	4.70M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.70M	0.80M	0.60M
Common Stock Repurchased	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-2,008.00M	-11.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-16.40M	-21.90M	0.00M	-147.70M	-75.61M	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	-137.00M	0.00M	0.00M	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	-1,457.00M	-2,342.00M	-1,171.00M	-1,171.00M	-1,171.00M	-1,144.00M	-1,470.00M	-1,089.00M	-1,089.00M	-1,089.00M	-1,085.00M	-1,098.00M	-1,084.00M	-1,066.00M	-769.00M	-769.00M	-1,023.00M	-976.00M	-2,247.30M	-2,017.30M	-1,624.90M	-1,556.00M	-1,451.20M	-1,099.40M	-1,073.20M	-1,120.40M	-1,191.30M	-478.40M	-969.30M	-1,688.50M	-1,760.90M	-1,546.90M
Common Dividends Paid	-1,457.00M	-2,342.00M	-1,171.00M	-1,171.00M	-1,171.00M	-1,144.00M	-1,470.00M	-1,089.00M	-1,089.00M	-1,089.00M	-1,085.00M	-1,098.00M	-1,084.00M	-1,066.00M	-769.00M	-1,025.00M	-1,023.00M	-976.00M	-941.00M	-2,017.30M	-1,624.90M	-1,556.00M	-1,451.20M	-1,099.40M	-1,073.20M	-1,120.40M	-1,191.30M	-898.00M	-252.40M	-1,688.50M	-1,760.90M	-1,546.90M
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	-1,364.00M	-1,306.30M	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
Other Financing Activities	-3,885.00M	1,669.00M	-3,822.00M	-4,253.00M	-4,218.00M	-3,679.00M	-3,323.00M	-3,474.00M	-4,587.00M	-3,488.00M	-3,776.00M	-4,798.00M	-3,866.00M	-5,070.00M	-1,250.00M	726.00M	-2,519.00M	-182.00M	-1,145.50M	-1,420.30M	5,895.30M	-2,317.60M	4,253.30M	-862.00M	-482.90M	-730.00M	1,468.50M	1,579.40M	382.40M	1,716.20M	5,252.21M	1,721.00M
Net Cash from Financing Activities	2,683.00M	1,260.00M	2,385.00M	-566.00M	-4,250.00M	1,819.00M	2,064.00M	-3,846.00M	-2,465.00M	-8,662.00M	-10,272.00M	-8,154.00M	-9,835.00M	1,046.00M	7,161.00M	2,435.00M	17,580.00M	-3,484.00M	-2,548.60M	-3,461.20M	337.60M	1,499.00M	-2,411.90M	-453.80M	-1,918.60M	359.10M	3,297.80M	799.00M	3,547.80M	771.90M	-423.40M	1,555.50M
Effect of FX on Cash	35.00M	-365.00M	-78.00M	-53.00M	-302.00M	86.00M	164.00M	-61.00M	-374.00M	850.00M	-1,875.00M	-1,904.00M	-797.00M	1,115.00M	444.00M	904.00M	765.00M	0.00M	0.00M	25.20M	0.00M	0.00M	0.00M	0.00M	0.00M	-1,573.10M	-2,359.60M	-1,507.00M	-1,122.30M	-2,158.90M	-2,423.10M	-4,287.20M
Net Change in Cash	1,443.00M	2,190.00M	4,450.00M	558.00M	-3,312.00M	3,508.00M	3,781.00M	-6,975.00M	-1,788.00M	-13,088.00M	-3,441.00M	-13,200.00M	1,110.00M	7,037.00M	10,769.00M	507.00M	8,944.00M	2,220.00M	-406.90M	3,646.50M	902.20M	2,455.60M	1,074.90M	275.90M	-1,983.60M	-515.60M	-972.70M	-786.30M	787.70M	-531.30M	1,126.40M	3,599.80M
Cash at Beginning of Period	29,830.00M	19,099.00M	6,262.00M	5,704.00M	4,432.00M	1,591.00M	3,660.00M	8,702.00M	10,490.00M	23,578.00M	27,019.00M	40,219.00M	39,109.00M	32,072.00M	21,303.00M	20,796.00M	11,852.00M	9,632.00M	10,038.60M	6,392.10M	5,489.90M	3,034.30M	1,959.40M	1,683.50M	3,667.10M	4,182.70M	5,155.40M	5,941.70M	5,154.00M	5,685.30M	4,558.90M	959.10M
Cash at End of Period	31,273.00M	21,289.00M	10,712.00M	6,262.00M	5,704.00M	4,432.00M	1,591.00M	1,727.00M	8,702.00M	10,490.00M	23,578.00M	27,019.00M	40,219.00M	39,109.00M	32,072.00M	21,303.00M	20,796.00M	11,852.00M	9,631.70M	10,038.60M	6,392.10M	5,489.90M	3,034.30M	1,959.40M	1,683.50M	3,667.10M	4,182.70M	5,155.40M	5,941.70M	5,154.00M	5,685.30M	4,558.90M
Operating Cash Flow	5,625.00M	6,882.00M	5,215.00M	4,022.00M	3,099.00M	1,743.00M	2,579.00M	5,698.00M	6,104.00M	8,837.00M	7,028.00M	5,999.00M	15,454.00M	5,172.00M	5,150.00M	1,057.00M	4,905.00M	9,229.00M	3,451.80M	7,987.10M	2,944.40M	2,011.90M	5,259.90M	715.20M	-48.60M	488.40M	-1,391.00M	1,707.80M	-585.10M	1,966.10M	4,145.20M	6,339.50M
Capital Expenditure	-5,325.00M	-4,882.00M	-178.00M	-115.00M	-2,721.00M	-2,878.00M	-3,125.00M	-12,316.00M	-13,014.00M	-4,251.00M	-2,682.00M	-6,188.00M	-5,305.00M	-9,896.00M	-5,360.00M	-6,960.00M	-6,324.00M	-3,686.00M	-2,267.20M	-1,448.40M	-2,874.00M	-1,462.30M	-1,326.90M	-462.50M	-171.90M	-433.40M	-1,228.70M	-1,599.80M	-871.50M	-1,526.90M	-415.60M	-1,404.00M
Free Cash Flow	300.00M	2,000.00M	5,037.00M	3,907.00M	378.00M	-1,135.00M	-546.00M	-6,618.00M	-6,910.00M	4,586.00M	4,346.00M	-189.00M	10,149.00M	-4,724.00M	-210.00M	-5,903.00M	-1,419.00M	5,543.00M	1,184.60M	6,538.70M	70.40M	549.60M	3,933.00M	252.70M	-220.50M	55.00M	-2,619.70M	108.00M	-1,456.60M	439.20M	3,729.60M	4,935.50M

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	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30
EBITDA	12,868.00M	14,366.00M	6,271.00M	7,329.00M	7,082.00M	7,265.00M	6,399.00M	6,339.00M	6,588.00M	7,921.00M	8,853.00M	0.00M	-2.00M	2,481.00M	5,503.00M	2,369.00M	4,113.00M	8,850.00M	3,382.40M	17,709.70M	3,248.90M	3,746.70M	6,972.80M	5,148.40M	3,561.70M	3,252.20M	6,159.00M	3,209.70M	4,859.20M	6,524.50M	10,436.70M	10,283.30M
(-) Tax Adjustment	4,503.80M	3,808.29M	2,088.37M	1,849.53M	1,735.94M	2,186.49M	0.00M	1,924.68M	842.97M	1,062.74M	1,555.64M	0.00M	-0.31M	383.86M	671.03M	379.88M	574.78M	1,859.72M	760.64M	3,036.91M	477.37M	700.96M	1,317.39M	1,233.14M	470.92M	288.73M	1,098.67M	415.70M	325.27M	950.31M	1,044.25M	1,292.96M
(-) Change In Working Capital	-1,905.00M	-1,423.00M	-9.00M	-1,896.00M	-1,270.00M	-2,768.00M	-1,240.00M	-145.00M	355.00M	2,726.00M	-1,279.00M	947.00M	2,413.00M	-655.00M	376.00M	-190.00M	1,366.00M	1,418.00M	442.20M	0.00M	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	-5,325.00M	-4,882.00M	-178.00M	-115.00M	-2,721.00M	-2,878.00M	-3,125.00M	-12,316.00M	-13,014.00M	-4,251.00M	-2,682.00M	-6,188.00M	-5,305.00M	-9,896.00M	-5,360.00M	-6,960.00M	-6,324.00M	-3,686.00M	-2,267.20M	-1,448.40M	-2,874.00M	-1,462.30M	-1,326.90M	-462.50M	-171.90M	-433.40M	-1,228.70M	-1,599.80M	-871.50M	-1,526.90M	-415.60M	-1,404.00M
Unlevered Free Cash Flow	4,944.20M	7,098.71M	4,013.63M	7,260.47M	3,895.06M	4,968.51M	4,514.00M	-7,756.68M	-7,623.97M	-118.74M	5,894.36M	-7,135.00M	-7,719.69M	-7,143.86M	-904.03M	-4,780.88M	-4,151.78M	1,886.28M	-87.64M	13,224.39M	-102.47M	1,583.44M	4,328.51M	3,452.76M	2,918.88M	2,530.07M	3,831.63M	1,194.20M	3,662.43M	4,047.29M	8,976.85M	7,586.34M
(-) Net Interest Income After Taxes	-620.10M	-2,212.81M	-524.25M	-389.52M	-283.84M	-243.27M	70.00M	73.82M	-684.56M	-640.72M	-952.87M	-755.63M	-254.65M	54.94M	309.08M	162.89M	-119.58M	-94.78M	-133.32M	-254.02M	-397.27M	0.00M	0.00M	-728.08M	-484.05M	-593.02M	0.00M	-427.67M	-721.91M	-2,154.83M	-1,193.60M	-749.25M
Net Debt Issuance	8,025.00M	0.00M	7,378.00M	4,858.00M	1,139.00M	6,642.00M	6,857.00M	717.00M	3,211.00M	-4,085.00M	-5,548.00M	-2,258.00M	-4,933.00M	7,180.00M	10,134.00M	6,638.00M	10,104.00M	-665.00M	842.20M	459.10M	-3,324.00M	5,372.60M	-4,913.20M	1,507.60M	369.90M	538.40M	3,037.00M	139.50M	3,417.80M	891.20M	-3,839.90M	1,380.80M
Levered Free Cash Flow	13,589.30M	9,311.52M	11,915.88M	12,507.99M	5,317.90M	11,853.78M	11,301.00M	-7,113.49M	-3,728.41M	-3,563.03M	1,299.23M	-8,637.37M	-12,398.03M	-18.80M	8,920.90M	1,694.23M	6,071.79M	1,316.06M	887.88M	13,937.52M	-3,029.19M	6,956.04M	-584.69M	5,688.44M	3,772.83M	3,661.49M	6,868.63M	1,761.37M	7,802.14M	7,093.32M	6,330.55M	9,716.38M