Hang Lung Group Limited (0010.HK)

Category: Company Returns Sector: Real Estate Industry: Real Estate - Diversified Live Price: $16.24

Income Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	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	306M	211M	418M	465M	567M	515M	463M	442M	704M	207M	361M	349M	333M	-198M	876M	679M	683M	477M	413M	877M	586M	676M	203M	454M	1,594M	339M	966M	1,104M	364M	1,065M	127M	63M	89M	182M	112M	163M	132M	324M	292M
Revenue	1,444M	1,393M	1,404M	1,323M	1,229M	1,114M	1,039M	2,872M	2,842M	1,512M	1,415M	1,405M	1,405M	1,228M	1,214M	1,287M	1,542M	1,771M	1,258M	2,309M	1,307M	1,026M	432M	734M	1,617M	604M	1,356M	614M	551M	960M	700M	440M	418M	748M	363M	453M	672M	946M	892M
Return on Revenue	21.37%	14.33%	30.06%	37.20%	51.50%	48.75%	45.75%	15.39%	24.79%	13.72%	25.54%	24.86%	23.68%	-16.13%	72.13%	52.77%	44.30%	26.95%	32.82%	38.00%	44.83%	65.89%	46.95%	61.76%	98.60%	56.17%	71.22%	179.83%	66.13%	110.84%	18.11%	14.26%	21.26%	24.32%	30.94%	35.90%	19.68%	34.24%	32.79%
Cost of Revenue	483M	438M	420M	348M	311M	249M	208M	1,070M	827M	634M	397M	419M	400M	340M	326M	356M	445M	554M	331M	540M	0M	235M	91M	146M	415M	113M	486M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Cost of Revenue	69.06%	46.43%	105.63%	136.00%	146.13%	116.91%	97.42%	41.31%	85.19%	32.69%	91.06%	83.43%	83.19%	-58.24%	268.66%	191.07%	153.50%	86.15%	124.80%	162.50%	0.00%	288.17%	222.88%	310.11%	384.26%	299.63%	198.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Gross Profit	961M	955M	984M	975M	918M	865M	832M	2,032M	2,015M	877M	1,018M	987M	1,005M	888M	888M	932M	1,097M	1,217M	927M	1,769M	1,307M	792M	341M	588M	1,202M	490M	871M	614M	551M	960M	700M	440M	418M	748M	363M	453M	672M	946M	892M
Return on Gross Profit	31.51%	21.06%	42.29%	49.29%	64.90%	59.47%	54.68%	21.75%	34.96%	23.63%	35.49%	35.40%	33.10%	-22.30%	98.61%	72.91%	62.28%	39.22%	44.53%	49.60%	44.83%	85.42%	59.48%	77.12%	132.63%	69.13%	110.97%	179.83%	66.13%	110.84%	18.11%	14.26%	21.26%	24.32%	30.94%	35.90%	19.68%	34.24%	32.79%
R&D Expenses	0M	0M	0M	0M	0M	0M	0M	7M	16M	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
Return on R&D Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6,613.46%	4,456.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses	87M	82M	85M	81M	74M	63M	53M	171M	173M	86M	87M	87M	79M	72M	80M	91M	84M	86M	94M	91M	90M	89M	39M	63M	68M	58M	58M	42M	32M	23M	23M	16M	21M	19M	18M	0M	0M	0M	0M
Return on SG&A Expenses	352.43%	240.11%	484.66%	564.73%	841.32%	954.29%	816.53%	257.99%	407.81%	240.03%	413.38%	403.86%	418.93%	-275.67%	1,094.06%	747.52%	810.06%	553.35%	441.07%	968.09%	652.87%	757.12%	526.00%	720.20%	2,358.17%	587.77%	1,669.92%	2,615.56%	1,124.05%	4,730.04%	542.98%	381.55%	420.55%	955.67%	638.70%	0.00%	0.00%	0.00%	0.00%
Operating Expenses	86M	81M	166M	114M	-43M	39M	-3M	684M	1,038M	85M	87M	85M	76M	72M	80M	91M	77M	659M	346M	418M	73M	89M	-112M	-420M	-2,718M	-432M	58M	276M	246M	516M	387M	251M	208M	471M	92M	-171M	-166M	-396M	-430M
Return on Operating Expenses	356.52%	246.69%	415.23%	375.69%	385.84%	322.49%	261.99%	64.59%	67.88%	242.56%	416.44%	410.57%	439.56%	-275.67%	1,094.06%	747.52%	885.67%	72.36%	119.19%	209.81%	805.12%	757.12%	-180.96%	-108.05%	-58.67%	-78.52%	1,669.92%	400.68%	148.14%	206.12%	32.73%	24.96%	42.82%	38.69%	121.67%	-94.86%	-79.49%	-81.88%	-68.03%
Operating Income (EBIT)	875M	874M	826M	918M	1,015M	867M	789M	1,559M	1,842M	792M	931M	902M	928M	816M	21M	896M	1,012M	1,131M	833M	1,678M	898M	1,477M	453M	1,008M	3,920M	922M	850M	493M	341M	486M	328M	154M	190M	216M	203M	282M	506M	550M	462M
Return on Operating Income (EBIT)	34.57%	23.06%	461.03%	324.23%	269.26%	232.60%	202.55%	28.35%	38.24%	26.18%	38.82%	38.71%	35.87%	-24.26%	4,260.00%	75.77%	67.49%	42.21%	49.53%	52.27%	65.23%	45.79%	44.77%	45.00%	40.68%	36.76%	113.70%	224.11%	106.63%	219.21%	38.63%	40.72%	46.88%	84.37%	55.27%	57.75%	26.15%	58.86%	63.30%
Interest Income	10M	10M	28M	36M	27M	22M	18M	17M	20M	8M	13M	9M	11M	9M	21M	83M	78M	35M	15M	51M	68M	95M	44M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Interest Income	3,055.83%	2,024.68%	2,019.74%	1,596.90%	133,092.67%	106,474.14%	88,728.45%	2,528.68%	3,491.08%	2,688.33%	2,755.88%	3,723.29%	3,157.32%	-2,201.43%	4,260.00%	818.11%	871.15%	1,380.30%	2,744.44%	1,723.48%	861.44%	711.08%	460.06%	0.00%	0.00%	2,637,900.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Interest Expense	82M	60M	98M	81M	68M	65M	80M	140M	407M	109M	80M	58M	55M	0M	7M	184M	174M	183M	132M	90M	60M	50M	19M	18M	15M	22M	39M	60M	0M	0M	123M	72M	84M	0M	63M	99M	324M	170M	110M
Return on Interest Expense	415.74%	369.86%	1,580.80%	1,514.80%	1,944.40%	1,567.39%	1,334.08%	315.50%	173.01%	190.66%	451.20%	605.35%	602.09%	0.00%	12,622.22%	369.32%	393.63%	260.56%	312.96%	977.79%	982.11%	1,356.19%	1,059.06%	2,538.85%	10,336.67%	1,532.77%	2,451.50%	1,844.99%	0.00%	0.00%	103.05%	87.49%	106.30%	0.00%	177.71%	163.55%	40.80%	190.00%	265.48%
Net Interest Income	-72M	-50M	-49M	-24M	-25M	-20M	-17M	-180M	-387M	-101M	-67M	-48M	-44M	9M	2M	-92M	-93M	-51M	-1M	34M	55M	34M	16M	-18M	-15M	-22M	-39M	-60M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Interest Income	-490.08%	-883.99%	-2,845.48%	-1,602.60%	-2,010.29%	-1,608.23%	-1,340.20%	-245.47%	-182.03%	-205.74%	-541.62%	-722.87%	-748.27%	-2,201.43%	42,600.00%	-739.16%	-730.95%	-944.78%	-64,220.00%	2,595.06%	1,062.24%	1,993.18%	1,304.13%	-2,538.85%	-10,336.67%	-1,533.66%	-2,451.50%	-1,844.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Unusual Items	211M	319M	-111M	-120M	-218M	-197M	-134M	472M	539M	346M	153M	134M	37M	926M	-2,280M	-373M	-279M	202M	24M	-224M	-412M	-22M	-37M	-2M	-3M	21M	-1,385M	-742M	-449M	-827M	124M	77M	81M	-6M	53M	89M	491M	162M	100M
Return on Unusual Items	185.52%	288.08%	294.64%	-2,042.83%	-4,285.47%	-3,547.40%	-2,925.61%	93.55%	130.75%	59.85%	236.62%	260.10%	905.24%	-21.39%	-38.42%	-182.24%	-244.77%	235.75%	1,735.68%	-391.34%	-142.10%	-3,095.29%	-551.75%	-29,408.33%	-56,381.82%	1,614.38%	-69.77%	-148.85%	-81.02%	-128.74%	102.34%	80.97%	110.28%	-3,140.35%	213.32%	182.68%	26.93%	200.00%	293.69%
EBT Excluding Unusual Items	525M	286M	1,118M	1,204M	1,492M	1,304M	1,119M	737M	1,152M	200M	692M	682M	899M	-1,045M	4,567M	1,743M	1,665M	874M	903M	2,165M	1,714M	1,475M	502M	1,029M	3,941M	902M	3,659M	2,036M	1,240M	2,139M	204M	71M	112M	227M	161M	203M	-152M	397M	373M
Return on EBT Excluding Unusual Items	69.00%	52.60%	46.25%	44.50%	42.78%	48.62%	47.95%	59.99%	61.16%	103.60%	52.19%	51.22%	37.02%	18.96%	19.18%	38.97%	41.02%	54.59%	45.73%	40.51%	34.17%	45.84%	40.43%	44.08%	40.46%	37.57%	26.41%	54.23%	29.36%	49.76%	62.30%	88.61%	79.34%	80.07%	69.72%	80.11%	-86.87%	81.62%	78.40%
Pre-Tax Income	736M	605M	1,007M	1,084M	1,274M	1,107M	985M	1,209M	1,691M	547M	845M	816M	936M	-119M	2,287M	1,370M	1,386M	1,077M	926M	1,941M	1,302M	1,454M	465M	1,027M	3,938M	923M	2,274M	1,295M	791M	1,312M	327M	148M	193M	222M	214M	292M	339M	559M	473M
Return on Pre-Tax Income	41.16%	65.16%	55.19%	51.76%	51.37%	52.71%	52.83%	36.55%	41.67%	37.94%	42.76%	42.79%	35.56%	166.77%	38.30%	49.58%	49.27%	44.32%	44.55%	45.19%	44.99%	46.53%	43.63%	44.15%	40.49%	36.72%	42.49%	85.31%	46.04%	81.11%	38.73%	42.31%	46.14%	82.16%	52.55%	55.69%	39.03%	57.96%	61.88%
Income Tax Expense	198M	208M	244M	223M	255M	220M	191M	426M	448M	182M	213M	200M	282M	162M	694M	175M	186M	189M	156M	304M	201M	177M	75M	144M	827M	208M	390M	190M	148M	248M	78M	20M	17M	40M	28M	20M	49M	56M	59M
Return on Income Tax Expense	152.64%	90.78%	185.10%	226.64%	241.50%	268.85%	309.95%	103.71%	157.18%	113.91%	169.44%	174.57%	118.17%	-122.20%	126.15%	387.46%	367.24%	252.24%	264.06%	288.22%	290.81%	381.58%	272.07%	315.94%	192.67%	163.28%	247.76%	580.59%	246.08%	429.29%	161.68%	320.00%	519.76%	460.59%	405.72%	831.95%	267.99%	579.31%	492.15%
Depreciation and Amortization	12M	10M	-76M	-222M	-102M	-79M	-25M	30M	20M	15M	11M	10M	8M	6M	6M	6M	6M	7M	-833M	-1,678M	-898M	5M	2M	3M	3M	2M	1,464M	-154M	-37M	-42M	-15M	34M	21M	62M	67M	171M	166M	396M	430M
Return on Depreciation and Amortization	2,685.86%	1,804.59%	5,268.59%	5,956.57%	7,837.14%	6,170.45%	5,158.40%	1,463.40%	3,582.35%	1,378.63%	3,194.32%	3,484.62%	4,175.81%	-3,210.42%	13,632.00%	11,489.13%	12,077.27%	6,514.04%	-49.53%	-52.27%	-65.23%	13,847.37%	9,862.50%	13,070.37%	51,683.33%	17,354.61%	66.01%	-715.77%	-993.89%	-2,553.90%	-827.68%	181.95%	425.20%	292.74%	166.43%	94.86%	79.49%	81.88%	68.03%
EBITDA	835M	852M	900M	952M	941M	806M	765M	1,522M	1,862M	670M	925M	910M	934M	822M	796M	695M	1,063M	1,228M	954M	1,780M	975M	811M	666M	1,049M	1,143M	435M	2,313M	338M	305M	438M	283M	188M	211M	227M	270M	0M	672M	946M	892M
Return on EBITDA	36.12%	23.98%	47.40%	49.36%	72.27%	75.56%	-42,112.76%	29.05%	37.83%	30.93%	39.05%	38.38%	35.64%	-24.08%	110.02%	97.73%	64.26%	38.87%	43.25%	49.28%	60.06%	83.35%	30.46%	43.25%	139.48%	78.00%	41.76%	326.27%	119.44%	243.25%	44.87%	33.28%	42.22%	80.04%	41.49%	-1,265,400.00%	19.68%	34.24%	32.79%
NOPAT	635M	897M	778M	833M	886M	754M	687M	1,010M	1,354M	528M	696M	681M	649M	1,930M	14M	782M	876M	932M	693M	1,415M	759M	1,297M	380M	867M	3,096M	715M	704M	420M	278M	394M	250M	134M	173M	177M	177M	263M	432M	495M	404M
Return on NOPAT	47.49%	36.70%	657.65%	458.23%	375.17%	321.02%	277.31%	43.78%	52.03%	39.25%	51.92%	51.28%	51.31%	-10.26%	6,117.39%	86.89%	77.95%	51.21%	59.58%	61.98%	77.17%	52.15%	53.32%	52.31%	51.50%	47.43%	137.23%	262.72%	131.16%	270.27%	50.79%	46.93%	51.45%	102.69%	63.50%	61.89%	30.61%	65.40%	72.40%
Owner's Earnings	189M	-11M	-184M	-225M	-25M	22M	28M	-222M	97M	199M	358M	10M	-29M	-594M	-700M	-987M	142M	140M	-376M	202M	-681M	-8M	-690M	-356M	1,124M	50M	780M	735M	176M	894M	67M	41M	33M	24M	-93M	51M	-64M	270M	112M
Return on Owner's Earnings	1,276.30%	544.35%	323.93%	-355.96%	-201.66%	-101.95%	-72.45%	-199.13%	728.86%	103.93%	100.97%	3,624.00%	-1,140.53%	33.37%	-125.06%	-68.79%	480.04%	341.27%	-109.89%	434.16%	-86.00%	-8,770.00%	-29.41%	-127.49%	141.89%	683.57%	123.87%	150.26%	206.71%	119.08%	188.25%	154.38%	267.72%	754.96%	-120.15%	321.25%	-206.73%	119.75%	261.16%

Balance Sheet Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	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	306M	211M	418M	465M	567M	515M	463M	207M	361M	349M	333M	-198M	876M	679M	683M	477M	413M	877M	586M	676M	203M	454M	1,594M	339M	966M	1,104M	364M	1,065M	127M	63M	89M	182M	112M	163M	132M	324M	292M
Cash & Cash Equivalents	980M	743M	1,219M	2,303M	1,934M	1,548M	1,290M	1,390M	815M	733M	570M	204M	222M	880M	872M	3,030M	3,473M	5,169M	5,027M	5,165M	3,361M	3,634M	1,523M	1,238M	1,380M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Cash & Cash Equivalents	35.63%	13.69%	64.62%	47.10%	45.43%	36.34%	30.28%	14.91%	44.32%	47.65%	58.42%	-96.86%	394.67%	77.16%	78.32%	15.75%	11.88%	16.97%	11.65%	13.10%	6.03%	12.48%	104.66%	27.39%	70.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Investments	3M	257M	128M	86M	150M	204M	193M	0M	0M	10M	605M	669M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	911M	796M	480M	252M	218M	556M	605M	685M	0M	0M	0M	0M
Return on Short-Term Investments	1,118.52%	676.18%	338.09%	225.39%	177.39%	155.79%	130.37%	0.00%	0.00%	3,355.56%	54.99%	-29.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	121.16%	45.77%	221.82%	50.35%	28.78%	15.99%	30.08%	16.37%	0.00%	0.00%	0.00%	0.00%
Cash & Short-Term Investments	983M	999M	1,347M	2,389M	2,084M	1,752M	1,483M	1,390M	815M	744M	1,175M	873M	222M	880M	872M	3,030M	3,473M	5,169M	5,027M	5,165M	3,361M	3,634M	1,523M	1,238M	1,380M	911M	796M	480M	252M	218M	556M	605M	685M	0M	0M	0M	0M
Return on Cash & Short-Term Investments	35.40%	22.37%	68.96%	49.99%	55.94%	58.63%	49.41%	14.91%	44.32%	46.98%	28.33%	-22.69%	394.67%	77.16%	78.32%	15.75%	11.88%	16.97%	11.65%	13.10%	6.03%	12.48%	104.66%	27.39%	70.00%	121.16%	45.77%	221.82%	50.35%	28.78%	15.99%	30.08%	16.37%	0.00%	0.00%	0.00%	0.00%
Net Receivables	439M	445M	223M	155M	116M	93M	78M	413M	442M	461M	457M	454M	0M	0M	0M	0M	0M	0M	0M	0M	100M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Receivables	69.22%	47.37%	23.68%	29.29%	21.97%	17.58%	14.65%	50.23%	81.69%	75.73%	72.83%	-43.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	202.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Inventory	1,690M	1,498M	954M	828M	793M	907M	787M	1,736M	1,831M	1,502M	1,390M	1,029M	728M	317M	210M	305M	495M	523M	0M	789M	790M	770M	0M	0M	880M	1,253M	1,313M	1,383M	1,555M	1,472M	1,282M	1,127M	934M	0M	0M	0M	0M
Return on Inventory	18.31%	11.93%	95.96%	86.51%	76.16%	65.43%	54.93%	11.94%	19.73%	23.25%	23.95%	-19.24%	120.38%	214.58%	325.21%	156.40%	83.36%	167.77%	0.00%	85.71%	25.68%	58.88%	0.00%	0.00%	109.75%	88.16%	27.73%	76.99%	8.16%	4.26%	6.93%	16.15%	12.02%	0.00%	0.00%	0.00%	0.00%
Other Current Assets	-658M	-1,097M	-621M	-396M	-168M	-115M	68M	0M	0M	-1,974M	-1,862M	-1,648M	-728M	0M	0M	0M	0M	0M	0M	58M	58M	154M	953M	1,081M	178M	163M	199M	128M	247M	37M	40M	30M	27M	1,517M	0M	1,656M	1,720M
Return on Other Current Assets	-5.90%	-4.71%	-14.39%	111.02%	163.44%	206.03%	187.13%	0.00%	0.00%	-17.70%	-17.87%	12.02%	-120.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1,164.16%	351.45%	293.59%	167.21%	31.35%	543.48%	678.52%	183.02%	831.97%	51.31%	170.39%	224.54%	603.71%	415.96%	10.72%	0.00%	19.56%	17.01%
Total Current Assets	2,454M	1,846M	1,771M	2,867M	2,744M	2,572M	2,361M	3,539M	3,088M	733M	1,159M	708M	222M	880M	872M	3,030M	3,473M	5,169M	5,027M	6,239M	4,309M	4,559M	2,477M	2,319M	2,438M	2,327M	2,307M	1,990M	2,054M	1,727M	1,878M	1,762M	1,646M	1,517M	0M	1,656M	1,720M
Return on Total Current Assets	21.74%	13.19%	64.37%	46.52%	43.99%	38.32%	33.74%	5.86%	11.70%	47.65%	28.72%	-27.98%	394.67%	77.16%	78.32%	15.75%	11.88%	16.97%	11.65%	10.84%	4.71%	9.95%	64.37%	14.62%	39.62%	47.46%	15.78%	53.48%	6.17%	3.63%	4.74%	10.33%	6.82%	10.72%	0.00%	19.56%	17.01%
Property, Plant & Equipment	149M	103M	10,864M	11,891M	11,215M	9,866M	8,992M	365M	42M	41M	37M	32M	25,198M	22,618M	21,107M	19,358M	19,843M	19,829M	18,841M	33M	16,153M	14,876M	13,384M	9,981M	9,241M	7,275M	6,041M	5,364M	4,427M	4,006M	4,165M	4,407M	4,402M	4,083M	4,548M	5,343M	4,712M
Return on Property, Plant & Equipment	590.42%	412.02%	207.44%	276.65%	209.84%	169.09%	141.63%	56.84%	857.01%	857.41%	905.24%	-616.40%	3.48%	3.00%	3.24%	2.47%	2.08%	4.42%	3.11%	2,063.53%	1.26%	3.05%	11.91%	3.40%	10.45%	15.18%	6.03%	19.85%	2.86%	1.57%	2.14%	4.13%	2.55%	3.98%	2.91%	6.06%	6.21%
Goodwill	152M	152M	152M	132M	99M	79M	66M	152M	152M	152M	152M	152M	152M	152M	152M	152M	152M	152M	152M	152M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Goodwill	201.41%	138.58%	275.20%	277.34%	208.01%	166.41%	138.67%	136.46%	237.82%	229.95%	219.04%	-130.37%	576.65%	447.12%	449.58%	314.13%	271.66%	577.41%	385.53%	445.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets	51M	91M	46M	30M	23M	18M	15M	0M	0M	152M	152M	152M	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
Return on Intangible Assets	76.65%	63.72%	31.86%	21.24%	15.93%	12.74%	10.62%	0.00%	0.00%	229.95%	219.04%	-130.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Investments	368M	389M	2,445M	2,962M	2,155M	1,685M	1,392M	0M	572M	532M	425M	414M	459M	792M	887M	376M	19,993M	19,978M	0M	0M	0M	0M	0M	0M	0M	-726M	-605M	-301M	-59M	25M	-311M	-318M	-362M	0M	0M	0M	0M
Return on Long-Term Investments	42.94%	31.87%	64.22%	43.11%	21.72%	1.05%	-0.15%	0.00%	63.17%	65.65%	78.36%	-47.83%	190.98%	85.80%	76.98%	127.03%	2.06%	4.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-152.14%	-60.14%	-353.73%	-216.41%	248.09%	-28.61%	-57.31%	-30.96%	0.00%	0.00%	0.00%	0.00%
Tax Assets	19M	16M	8M	7M	7M	6M	5M	18M	19M	19M	11M	12M	1M	0M	0M	3M	2M	3M	0M	2M	6M	6M	5M	8M	4M	10M	10M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Assets	1,651.36%	1,268.57%	65,238.68%	48,073.62%	39,692.28%	31,753.82%	26,461.52%	1,127.97%	1,938.62%	1,887.50%	3,082.14%	-1,693.41%	170,400.00%	176,166.67%	265,700.00%	16,877.27%	16,900.00%	29,673.91%	0.00%	27,694.74%	3,506.67%	7,842.22%	31,010.00%	4,296.25%	22,237.57%	11,533.02%	3,664.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Current Assets	25,629M	25,678M	10,588M	7,037M	5,416M	4,417M	3,579M	26,126M	25,876M	24,886M	26,273M	25,228M	-459M	-792M	-887M	-379M	-19,995M	-19,981M	1,553M	17,083M	495M	529M	372M	357M	332M	911M	796M	480M	252M	218M	556M	605M	685M	287M	-4,548M	273M	253M
Return on Other Non-Current Assets	1.20%	0.82%	-47.75%	-20.90%	33.38%	40.59%	43.97%	0.79%	1.40%	1.40%	1.27%	-0.79%	-190.76%	-85.75%	-76.96%	-126.08%	-2.06%	-4.39%	37.71%	3.96%	41.00%	85.82%	428.31%	95.09%	290.72%	121.16%	45.77%	221.82%	50.35%	28.78%	15.99%	30.08%	16.37%	56.64%	-2.91%	118.81%	115.42%
Other Assets	1,884M	2,045M	2,007M	1,421M	1,066M	853M	909M	0M	3,048M	2,603M	2,386M	2,188M	1,835M	1,876M	3,034M	1,414M	1,686M	1,246M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	5,947M	0M	0M
Return on Other Assets	8.43%	6.03%	19.49%	17.68%	13.26%	10.61%	8.92%	0.00%	11.85%	13.42%	13.95%	-9.05%	47.73%	36.21%	22.51%	33.76%	24.47%	70.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.22%	0.00%	0.00%
Total Non-Current Assets	26,367M	26,428M	24,102M	22,059M	18,914M	16,072M	14,049M	26,661M	26,660M	25,781M	27,049M	25,990M	25,350M	22,769M	21,259M	19,510M	19,995M	19,981M	20,546M	17,270M	16,653M	15,410M	13,761M	10,345M	9,578M	7,470M	6,241M	5,543M	4,620M	4,249M	4,410M	4,694M	4,725M	4,370M	0M	5,616M	4,965M
Return on Total Non-Current Assets	1.16%	0.79%	1.81%	2.23%	3.95%	4.33%	4.20%	0.78%	1.36%	1.36%	1.23%	-0.76%	3.46%	2.98%	3.21%	2.45%	2.06%	4.39%	2.85%	3.92%	1.22%	2.94%	11.59%	3.28%	10.09%	14.78%	5.83%	19.21%	2.74%	1.48%	2.02%	3.88%	2.38%	3.72%	0.00%	5.77%	5.89%
Total Assets	29,689M	29,709M	27,575M	26,144M	22,571M	19,374M	17,217M	30,200M	29,749M	29,117M	30,593M	28,887M	27,408M	25,526M	25,165M	23,954M	25,154M	26,397M	25,573M	23,509M	20,962M	19,969M	16,238M	12,665M	12,016M	9,797M	8,548M	7,533M	6,674M	5,976M	6,288M	6,457M	6,371M	5,887M	5,947M	7,272M	6,685M
Return on Total Assets	1.03%	0.70%	1.57%	1.83%	3.18%	3.39%	3.35%	0.69%	1.21%	1.20%	1.09%	-0.69%	3.20%	2.66%	2.71%	1.99%	1.64%	3.32%	2.29%	2.88%	0.97%	2.27%	9.82%	2.68%	8.04%	11.27%	4.26%	14.13%	1.90%	1.05%	1.41%	2.82%	1.76%	2.76%	2.22%	4.45%	4.37%
Accounts Payable	822M	891M	785M	725M	621M	552M	482M	791M	863M	812M	966M	1,024M	771M	487M	600M	586M	945M	796M	559M	673M	531M	477M	448M	307M	281M	243M	255M	262M	356M	260M	254M	263M	419M	221M	0M	0M	0M
Return on Accounts Payable	37.04%	25.24%	61.82%	71.13%	123.72%	121.81%	104.85%	26.19%	41.87%	43.05%	34.44%	-19.34%	113.58%	139.59%	113.81%	81.37%	43.67%	110.15%	104.83%	100.42%	38.17%	95.15%	356.13%	110.51%	344.20%	453.58%	142.99%	407.03%	35.59%	24.11%	35.00%	69.14%	26.77%	73.48%	0.00%	0.00%	0.00%
Short-Term Debt	793M	885M	652M	637M	523M	449M	398M	1,200M	570M	608M	1,038M	1,011M	417M	432M	388M	0M	853M	1,020M	213M	143M	694M	964M	409M	296M	129M	78M	0M	0M	0M	77M	39M	649M	722M	0M	0M	0M	0M
Return on Short-Term Debt	46.05%	30.12%	74.27%	110.18%	216.07%	186.26%	155.74%	17.27%	63.40%	57.48%	32.05%	-19.60%	210.31%	157.29%	176.14%	0.00%	48.36%	85.99%	275.02%	472.78%	29.22%	47.05%	390.06%	114.69%	751.63%	1,412.25%	0.00%	0.00%	0.00%	81.18%	226.00%	28.05%	15.55%	0.00%	0.00%	0.00%	0.00%
Tax Payables	54M	63M	77M	83M	80M	75M	66M	40M	62M	59M	71M	85M	109M	75M	66M	126M	74M	206M	0M	57M	58M	158M	153M	114M	0M	29M	49M	80M	78M	48M	45M	44M	90M	0M	0M	0M	0M
Return on Tax Payables	565.10%	386.26%	562.02%	523.90%	685.40%	637.51%	535.41%	513.69%	586.85%	594.75%	469.87%	-233.84%	804.72%	909.64%	1,039.92%	378.11%	556.50%	424.97%	0.00%	1,179.82%	346.81%	286.68%	1,041.48%	296.83%	0.00%	3,773.43%	737.85%	1,323.69%	163.51%	131.15%	197.43%	413.88%	124.71%	0.00%	0.00%	0.00%	0.00%
Deferred Revenue	21M	19M	11M	7M	6M	6M	5M	0M	0M	62M	25M	8M	8M	7M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	44M	0M	0M	0M	0M	0M
Return on Deferred Revenue	189.14%	-96.98%	1,927.99%	1,285.33%	963.99%	787.75%	656.46%	0.00%	0.00%	567.43%	1,355.50%	-2,407.81%	10,327.27%	9,437.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	413.88%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Current Liabilities	402M	393M	-233M	-347M	-259M	-204M	-107M	390M	440M	375M	396M	363M	345M	-996M	-1,056M	-713M	-1,873M	-2,023M	-855M	2M	0M	0M	0M	0M	0M	29M	0M	0M	69M	0M	0M	0M	69M	174M	539M	550M	576M
Return on Other Current Liabilities	76.15%	51.57%	28.98%	2,710.32%	2,221.41%	1,784.44%	1,500.06%	53.22%	82.12%	93.11%	84.00%	-54.63%	253.85%	-68.20%	-64.68%	-66.96%	-22.04%	-43.36%	-68.53%	40,476.92%	0.00%	0.00%	0.00%	0.00%	0.00%	3,773.43%	0.00%	0.00%	182.70%	0.00%	0.00%	0.00%	163.01%	93.71%	24.54%	58.87%	50.76%
Total Current Liabilities	2,094M	2,255M	1,858M	1,642M	1,376M	1,204M	1,119M	2,425M	1,938M	1,918M	2,500M	2,494M	1,653M	1,334M	1,378M	1,068M	1,873M	2,287M	0M	876M	1,284M	1,599M	1,009M	717M	523M	351M	304M	342M	503M	388M	338M	1,011M	1,300M	496M	539M	550M	576M
Return on Total Current Liabilities	15.13%	10.15%	27.10%	28.72%	62.77%	66.09%	60.93%	8.55%	18.64%	18.21%	13.31%	-7.94%	52.99%	50.93%	49.58%	44.68%	22.04%	38.36%	0.00%	77.25%	15.80%	28.37%	157.93%	47.31%	184.88%	314.68%	119.78%	311.31%	25.20%	16.17%	26.27%	18.01%	8.63%	32.81%	24.54%	58.87%	50.76%
Long-Term Debt	5,824M	5,261M	4,448M	4,231M	3,462M	2,990M	2,492M	6,228M	5,946M	5,299M	4,859M	3,972M	3,582M	3,508M	3,216M	3,927M	3,945M	4,133M	5,574M	4,695M	2,865M	1,722M	978M	1,178M	1,084M	1,012M	1,515M	822M	1,455M	1,626M	1,614M	0M	0M	0M	0M	0M	0M
Return on Long-Term Debt	5.33%	3.57%	10.55%	12.34%	29.96%	29.87%	24.89%	3.33%	6.08%	6.59%	6.85%	-4.99%	24.45%	19.37%	21.24%	12.15%	10.46%	21.22%	10.51%	14.40%	7.08%	26.33%	163.00%	28.78%	89.13%	109.13%	24.03%	129.47%	8.72%	3.86%	5.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Capital Lease Obligations	35M	36M	30M	20M	21M	16M	14M	34M	36M	34M	39M	39M	38M	38M	41M	0M	0M	0M	0M	0M	0M	4M	22M	37M	51M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Capital Lease Obligations	882.09%	596.97%	875.05%	1,255.55%	1,452.38%	1,161.91%	968.26%	613.31%	1,011.15%	1,021.80%	848.85%	-510.26%	2,326.28%	1,773.49%	1,665.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10,082.86%	7,383.33%	918.49%	1,912.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Tax Liabilities	1,910M	1,937M	1,657M	1,444M	1,331M	1,084M	903M	1,892M	1,922M	1,916M	2,053M	1,901M	1,785M	1,272M	1,308M	1,220M	1,304M	1,379M	0M	1,278M	1,239M	1,195M	1,740M	1,100M	956M	661M	509M	382M	84M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Tax Liabilities	16.00%	10.76%	27.93%	30.01%	45.62%	53.66%	44.71%	10.96%	18.80%	18.23%	16.21%	-10.42%	49.09%	53.41%	52.24%	39.11%	31.65%	63.62%	0.00%	52.92%	16.37%	37.97%	91.62%	30.81%	101.10%	167.11%	71.54%	278.87%	150.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Current Liabilities	647M	-418M	-910M	-698M	-494M	-244M	3M	0M	3,892M	-1,950M	-2,092M	-1,940M	-1,822M	-1,310M	-1,349M	-1,220M	-1,304M	-1,379M	0M	0M	0M	0M	0M	0M	142M	193M	266M	291M	106M	167M	173M	3,039M	2,591M	1,169M	723M	679M	1,034M
Return on Other Non-Current Liabilities	-2.88%	-2.86%	-23.57%	-19.95%	54.46%	66.80%	59.42%	0.00%	9.28%	-17.91%	-15.90%	10.21%	-48.08%	-51.85%	-50.65%	-39.11%	-31.65%	-63.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	678.98%	572.81%	136.79%	366.31%	119.65%	37.46%	51.26%	5.99%	4.33%	13.92%	18.30%	47.70%	28.27%
Total Non-Current Liabilities	7,116M	6,036M	4,836M	4,738M	4,128M	3,693M	3,284M	8,151M	7,899M	5,299M	4,859M	3,972M	3,582M	3,508M	3,216M	3,927M	3,945M	4,133M	5,574M	5,974M	4,104M	2,921M	2,740M	2,316M	2,232M	1,928M	2,290M	1,495M	1,645M	1,793M	1,787M	3,039M	2,591M	1,169M	723M	679M	1,034M
Return on Total Non-Current Liabilities	4.57%	3.11%	10.32%	11.12%	17.80%	17.98%	18.73%	2.54%	4.57%	6.59%	6.85%	-4.99%	24.45%	19.37%	21.24%	12.15%	10.46%	21.22%	10.51%	11.32%	4.94%	15.53%	58.19%	14.64%	43.28%	57.27%	15.90%	71.23%	7.71%	3.50%	4.97%	5.99%	4.33%	13.92%	18.30%	47.70%	28.27%
Total Liabilities	9,860M	9,488M	6,562M	6,139M	5,325M	4,753M	4,283M	10,575M	9,837M	9,168M	9,452M	8,407M	3,582M	3,508M	3,216M	3,927M	3,945M	4,133M	5,574M	6,849M	5,388M	4,520M	3,749M	3,032M	2,755M	2,279M	2,594M	1,837M	2,149M	2,181M	2,126M	4,050M	3,891M	1,664M	1,262M	1,229M	1,611M
Return on Total Liabilities	3.15%	2.12%	9.83%	10.25%	15.25%	15.21%	14.93%	1.96%	3.67%	3.81%	3.52%	-2.36%	24.45%	19.37%	21.24%	12.15%	10.46%	21.22%	10.51%	9.87%	3.76%	10.03%	42.52%	11.18%	35.07%	48.45%	14.04%	57.96%	5.90%	2.88%	4.18%	4.49%	2.88%	9.77%	10.48%	26.35%	18.16%
Preferred Stock	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	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Stock	522M	522M	520M	426M	337M	270M	225M	522M	522M	522M	522M	522M	522M	522M	522M	522M	500M	500M	174M	174M	173M	173M	172M	171M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Common Stock	58.56%	40.30%	80.37%	139.01%	160.46%	128.37%	106.98%	39.68%	69.15%	66.86%	63.69%	-37.91%	167.68%	130.01%	130.73%	91.34%	82.48%	175.31%	337.56%	389.78%	117.06%	261.80%	926.36%	197.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Retained Earnings	10,990M	10,801M	10,210M	8,310M	6,598M	5,279M	4,399M	11,110M	11,044M	10,818M	10,618M	10,417M	10,825M	10,087M	9,542M	8,988M	8,648M	8,374M	7,632M	0M	6,553M	0M	0M	0M	4,085M	3,226M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Retained Earnings	2.79%	1.92%	4.17%	4.19%	6.04%	4.83%	4.03%	1.87%	3.27%	3.23%	3.13%	-1.90%	8.09%	6.73%	7.16%	5.31%	4.77%	10.48%	7.67%	0.00%	3.10%	0.00%	0.00%	0.00%	23.65%	34.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Accumulated OCI	610M	781M	632M	545M	408M	327M	272M	678M	562M	590M	1,178M	899M	422M	537M	656M	249M	551M	898M	950M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accumulated OCI	51.36%	32.06%	86.53%	68.32%	51.24%	40.99%	34.16%	30.59%	64.28%	59.22%	28.24%	-22.04%	207.80%	126.41%	104.11%	191.89%	74.85%	97.74%	61.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Minority Interest	7,706M	8,116M	8,235M	8,238M	7,266M	6,143M	5,408M	7,315M	7,783M	8,020M	8,823M	8,642M	8,616M	8,263M	8,537M	8,014M	8,333M	8,826M	8,462M	8,276M	7,796M	7,869M	6,033M	4,667M	4,534M	3,778M	2,739M	2,761M	2,063M	1,605M	1,828M	0M	0M	1,821M	2,004M	2,688M	2,155M
Return on Minority Interest	3.94%	2.66%	5.06%	5.60%	9.08%	9.40%	9.21%	2.83%	4.64%	4.36%	3.77%	-2.29%	10.17%	8.22%	8.00%	5.95%	4.95%	9.94%	6.92%	8.17%	2.60%	5.76%	26.43%	7.26%	21.31%	29.23%	13.29%	38.55%	6.15%	3.91%	4.86%	0.00%	0.00%	8.93%	6.60%	12.05%	13.57%
Total Shareholders’ Equity	12,123M	12,105M	11,348M	10,404M	8,958M	7,660M	6,844M	12,310M	12,128M	11,930M	12,319M	11,838M	11,734M	11,111M	10,686M	9,724M	9,700M	9,772M	9,071M	8,383M	7,777M	7,580M	6,456M	4,965M	4,728M	3,740M	3,215M	2,935M	2,462M	2,190M	2,334M	2,407M	2,480M	2,402M	2,682M	3,354M	2,919M
Return on Total Shareholders’ Equity	2.53%	1.72%	3.78%	4.66%	8.13%	8.73%	8.47%	1.68%	2.98%	2.93%	2.70%	-1.67%	7.47%	6.11%	6.39%	4.91%	4.25%	8.98%	6.46%	8.07%	2.61%	5.98%	24.69%	6.83%	20.43%	29.53%	11.32%	36.26%	5.15%	2.86%	3.81%	7.56%	4.53%	6.77%	4.93%	9.66%	10.02%
Total Equity	19,829M	20,221M	19,583M	18,643M	16,225M	13,803M	12,253M	19,625M	19,911M	19,950M	21,142M	20,480M	20,350M	19,374M	19,222M	17,739M	18,033M	18,598M	17,533M	16,659M	15,574M	15,449M	12,489M	9,632M	9,261M	7,518M	5,954M	5,697M	4,525M	3,795M	4,162M	2,407M	2,480M	4,223M	4,686M	6,042M	5,074M
Return on Total Equity	1.54%	1.05%	2.16%	2.53%	4.27%	4.73%	4.69%	1.06%	1.81%	1.75%	1.57%	-0.97%	4.31%	3.51%	3.55%	2.69%	2.29%	4.72%	3.34%	4.06%	1.30%	2.94%	12.77%	3.52%	10.43%	14.69%	6.11%	18.69%	2.80%	1.65%	2.14%	7.56%	4.53%	3.85%	2.82%	5.36%	5.76%
Total Liabilities & Equity	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	0M	0M	0M	0M	0M	0M	0M
Return on Total Liabilities & Equity	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Investments	371M	645M	2,573M	3,103M	2,366M	1,939M	1,645M	0M	572M	543M	1,030M	1,083M	459M	792M	887M	376M	19,993M	19,978M	0M	299M	277M	255M	209M	193M	0M	186M	190M	179M	193M	243M	245M	288M	323M	40M	309M	0M	198M
Return on Total Investments	42.52%	28.32%	62.44%	73.78%	141.58%	144.69%	141.57%	0.00%	63.17%	64.39%	32.31%	-18.29%	190.98%	85.80%	76.98%	127.03%	2.06%	4.39%	0.00%	226.52%	73.33%	178.05%	762.38%	175.88%	0.00%	595.02%	191.52%	594.82%	65.62%	25.79%	36.24%	63.31%	34.74%	404.28%	42.85%	0.00%	147.89%
Net Debt	5,673M	5,442M	3,873M	2,546M	2,040M	1,883M	1,569M	6,072M	5,736M	5,211M	5,371M	4,821M	3,818M	3,100M	2,385M	896M	1,325M	-16M	547M	-326M	199M	-943M	-115M	273M	-168M	1,090M	1,515M	822M	1,455M	1,703M	1,653M	649M	0M	0M	0M	0M	0M
Return on Net Debt	5.47%	3.70%	17.64%	-358.26%	-354.37%	-276.49%	-230.41%	3.41%	6.30%	6.70%	6.20%	-4.11%	22.95%	21.91%	28.64%	53.25%	31.14%	-5,504.03%	107.02%	-207.33%	102.14%	-48.09%	-1,387.47%	124.32%	-575.74%	101.30%	24.03%	129.47%	8.72%	3.68%	5.38%	28.05%	0.00%	0.00%	0.00%	0.00%	0.00%

Capital Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	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	306M	211M	418M	465M	567M	515M	463M	207M	361M	349M	333M	-198M	876M	679M	683M	477M	413M	877M	586M	676M	203M	454M	1,594M	339M	966M	1,104M	364M	1,065M	127M	63M	89M	182M	112M	163M	132M	324M	292M
Working Capital	360M	-409M	-88M	1,225M	1,367M	1,367M	1,242M	1,115M	1,150M	-1,185M	-1,341M	-1,786M	-1,431M	-453M	-506M	1,962M	1,600M	2,883M	5,027M	5,363M	3,025M	2,960M	1,467M	1,603M	1,916M	1,976M	2,003M	1,649M	1,550M	1,339M	1,539M	752M	347M	1,021M	-539M	1,106M	1,143M
Return on Working Capital	6.85%	1.36%	-28.92%	-14.16%	2.09%	5.97%	7.60%	18.60%	31.41%	-29.48%	-24.81%	11.09%	-61.21%	-149.80%	-135.11%	24.32%	25.79%	30.43%	11.65%	12.61%	6.71%	15.32%	108.65%	21.16%	50.43%	55.89%	18.17%	64.57%	8.18%	4.68%	5.78%	24.22%	32.39%	15.92%	-24.54%	29.30%	25.58%
Total Capital	18,775M	18,290M	16,441M	15,254M	12,932M	11,090M	9,727M	19,772M	18,679M	17,874M	18,259M	16,864M	15,774M	15,092M	13,943M	13,651M	14,498M	14,925M	14,645M	13,222M	11,337M	10,271M	7,864M	6,476M	5,940M	4,830M	4,730M	3,758M	3,917M	3,893M	3,987M	3,056M	3,201M	2,402M	2,682M	3,354M	2,919M
Return on Total Capital	1.65%	1.12%	2.69%	3.21%	6.02%	6.47%	6.56%	1.05%	1.93%	1.95%	1.82%	-1.17%	5.55%	4.50%	4.90%	3.50%	2.85%	5.88%	4.00%	5.12%	1.79%	4.42%	20.27%	5.24%	16.26%	22.87%	7.70%	28.33%	3.24%	1.61%	2.23%	5.96%	3.51%	6.77%	4.93%	9.66%	10.02%
Capital Employed	27,595M	27,454M	25,717M	24,502M	21,195M	18,170M	16,098M	27,776M	27,810M	27,199M	28,093M	26,393M	25,754M	24,192M	23,787M	22,886M	23,281M	24,110M	25,573M	22,633M	19,678M	18,370M	15,228M	11,948M	11,494M	9,446M	8,244M	7,191M	6,170M	5,588M	5,949M	5,446M	5,071M	5,392M	5,409M	6,721M	6,109M
Return on Capital Employed	1.11%	0.75%	1.67%	1.94%	3.35%	3.59%	3.57%	0.75%	1.30%	1.28%	1.18%	-0.75%	3.40%	2.81%	2.87%	2.09%	1.77%	3.64%	2.29%	2.99%	1.03%	2.47%	10.47%	2.84%	8.41%	11.69%	4.42%	14.80%	2.06%	1.12%	1.49%	3.34%	2.21%	3.02%	2.45%	4.82%	4.79%
Invested Capital	17,796M	17,547M	15,221M	12,951M	10,998M	9,543M	8,438M	18,382M	17,864M	17,141M	17,689M	16,659M	15,552M	14,211M	13,071M	10,621M	11,025M	9,756M	9,618M	8,057M	7,976M	6,637M	6,341M	5,238M	4,560M	4,830M	4,730M	3,758M	3,917M	3,893M	3,987M	3,056M	3,201M	2,402M	2,682M	3,354M	2,919M
Return on Invested Capital	1.73%	1.18%	2.98%	4.17%	7.30%	7.49%	7.41%	1.13%	2.02%	2.04%	1.88%	-1.19%	5.63%	4.78%	5.23%	4.49%	3.74%	8.99%	6.09%	8.39%	2.54%	6.83%	25.14%	6.47%	21.19%	22.87%	7.70%	28.33%	3.24%	1.61%	2.23%	5.96%	3.51%	6.77%	4.93%	9.66%	10.02%

Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	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	306M	211M	418M	465M	567M	515M	463M	442M	704M	207M	361M	349M	333M	-198M	876M	679M	683M	477M	413M	877M	586M	676M	203M	454M	1,594M	339M	966M	1,104M	364M	1,065M	127M	63M	89M	182M	112M	163M	132M	324M	292M
Depreciation & Amortization	12M	10M	8M	7M	6M	4M	4M	20M	20M	15M	11M	10M	8M	6M	6M	6M	6M	7M	7M	7M	5M	5M	2M	3M	3M	2M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Depreciation & Amortization	2,685.86%	1,804.59%	5,857.36%	7,991.42%	9,445.46%	7,556.37%	6,296.98%	2,162.89%	3,582.35%	1,378.63%	3,194.32%	3,484.62%	4,175.81%	-3,210.42%	13,632.00%	11,489.13%	12,077.27%	6,514.04%	5,838.18%	13,125.00%	11,392.50%	13,847.37%	9,862.50%	13,070.37%	51,683.33%	17,354.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Income Tax	-66M	-157M	-118M	-206M	-154M	-123M	-103M	227M	-269M	0M	0M	-197M	-407M	-183M	10M	-55M	-360M	151M	-141M	-330M	158M	-839M	-313M	-579M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Income Tax	-59.25%	-30.23%	718.02%	470.77%	353.08%	282.46%	235.39%	194.40%	-262.25%	0.00%	0.00%	-177.76%	-81.85%	108.44%	8,738.46%	-1,240.61%	-189.51%	315.73%	-292.71%	-265.56%	370.79%	-80.66%	-64.88%	-78.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Stock-Based Compensation	10M	9M	11M	14M	12M	10M	8M	15M	21M	10M	11M	11M	8M	7M	9M	9M	10M	13M	19M	20M	21M	30M	14M	15M	17M	17M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Stock-Based Compensation	2,885.04%	1,955.20%	3,995.12%	3,596.47%	3,258.98%	2,607.19%	2,172.66%	2,964.66%	3,321.82%	2,179.73%	3,386.75%	3,088.64%	3,922.73%	-2,801.82%	10,173.13%	7,443.66%	6,812.82%	3,604.85%	2,140.67%	4,347.13%	2,778.66%	2,258.37%	1,488.68%	3,123.01%	9,256.72%	1,975.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Change in Working Capital	-136M	-185M	-59M	-11M	4M	3M	3M	-245M	-183M	-1M	-244M	-163M	-356M	-159M	-19M	46M	350M	-164M	122M	310M	-84M	48M	-24M	176M	182M	57M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Change in Working Capital	-6,094.83%	-3,650.75%	-2,122.20%	-1,387.17%	-966.82%	-773.45%	-644.54%	-180.52%	-385.17%	-17,922.22%	-148.26%	-214.02%	-93.53%	124.27%	-4,700.69%	1,488.73%	194.94%	-290.30%	339.07%	282.84%	-695.73%	1,399.47%	-830.53%	258.35%	874.75%	596.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Accounts Receivable	1M	-37M	-22M	-24M	-18M	-15M	-12M	36M	-66M	29M	7M	-32M	-34M	-158M	-29M	-2M	255M	-361M	100M	93M	-231M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Receivable	1,491.69%	723.23%	-3,185.60%	-2,077.76%	-1,558.32%	-1,246.65%	-1,038.88%	1,219.50%	-1,070.51%	720.09%	4,846.55%	-1,091.57%	-984.41%	125.49%	-2,989.47%	-33,031.25%	267.44%	-132.14%	413.26%	942.68%	-253.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Inventory	-147M	-184M	-55M	-19M	-15M	-12M	-10M	-310M	-225M	20M	-331M	-131M	-438M	-41M	11M	48M	95M	197M	22M	217M	52M	3M	-15M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Inventory	212.65%	209.32%	1,353.36%	2,669.97%	2,002.48%	1,601.98%	1,334.99%	-142.46%	-313.02%	1,014.47%	-109.25%	-267.26%	-75.97%	484.59%	8,212.05%	1,424.53%	719.08%	242.52%	1,888.82%	404.09%	1,116.91%	26,310.00%	-1,315.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Accounts Payable	7M	29M	23M	16M	12M	9M	8M	0M	87M	-54M	78M	-2M	90M	35M	28M	9M	-14M	65M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Payable	-4,741.30%	-2,882.27%	-787.03%	-524.69%	-393.52%	-314.81%	-262.34%	0.00%	807.22%	-384.05%	465.40%	-14,305.26%	370.92%	-558.33%	3,126.61%	7,550.00%	-4,875.23%	739.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Working Capital	10M	37M	20M	34M	25M	20M	17M	29M	21M	-50M	80M	2M	116M	39M	-28M	-9M	14M	-65M	104M	174M	95M	46M	-9M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Other Working Capital	6,054.21%	3,589.15%	1,180.02%	809.80%	607.35%	485.88%	404.90%	1,514.98%	3,404.35%	-411.48%	454.12%	18,120.00%	286.71%	-503.59%	-3,126.61%	-7,550.00%	4,875.23%	-739.64%	395.44%	505.56%	617.48%	1,478.09%	-2,254.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Cash Items	346M	570M	367M	301M	-48M	-84M	-68M	263M	608M	100M	377M	560M	804M	1,010M	-150M	99M	87M	570M	210M	772M	137M	-36M	-8M	-11M	-2,954M	-556M	-857M	-726M	-384M	-388M	-157M	-135M	-113M	-361M	34M	-348M	-37M	30M	402M
Return on Other Non-Cash Items	121.55%	77.28%	155.38%	-430.49%	-346.60%	-298.50%	-212.61%	168.00%	115.93%	206.53%	95.74%	62.37%	41.38%	-19.61%	-583.56%	683.70%	787.26%	83.74%	196.27%	113.62%	427.49%	-1,865.96%	-2,630.00%	-4,056.32%	-53.97%	-61.02%	-112.68%	-152.13%	-94.75%	-274.03%	-80.72%	-46.50%	-78.82%	-50.45%	334.01%	-46.78%	-359.45%	1,083.40%	72.81%
Net Cash from Operating Activities	586M	527M	696M	736M	717M	599M	557M	723M	885M	670M	517M	571M	391M	483M	732M	785M	1,136M	903M	771M	1,986M	665M	662M	136M	630M	1,186M	444M	1,027M	378M	259M	676M	92M	-6M	63M	-179M	220M	-75M	253M	533M	815M
Return on Net Cash from Operating Activities	54.00%	41.22%	57.88%	68.97%	88.60%	44.13%	36.23%	61.14%	79.64%	30.93%	69.89%	61.17%	85.08%	-40.97%	119.62%	86.58%	60.13%	52.83%	53.53%	44.16%	88.11%	102.17%	149.29%	71.95%	134.40%	76.42%	94.11%	291.81%	140.79%	157.46%	137.95%	-1,004.12%	141.65%	-101.82%	51.12%	-216.27%	52.34%	60.79%	35.89%
Capital Expenditures (PPE)	-124M	-229M	-609M	-696M	-597M	-496M	-439M	-662M	-627M	-23M	0M	-350M	-370M	-402M	-1,583M	-1,673M	-546M	-345M	-795M	-682M	-1,272M	-689M	-895M	-813M	-474M	-291M	-186M	-369M	-188M	-171M	-59M	-22M	-56M	-158M	-206M	-112M	-196M	-53M	-180M
Return on Capital Expenditures (PPE)	-335.36%	-209.34%	-145.80%	-120.62%	-163.69%	-186.80%	-190.19%	-66.72%	-112.27%	-906.18%	0.00%	-99.89%	-89.96%	49.31%	-55.34%	-40.61%	-125.01%	-138.44%	-51.89%	-128.65%	-46.05%	-98.17%	-22.67%	-55.80%	-336.52%	-116.35%	-518.94%	-298.96%	-193.71%	-624.18%	-213.32%	-283.89%	-159.62%	-115.27%	-54.58%	-145.20%	-67.40%	-606.35%	-162.05%
Acquisitions (Net)	-37M	-33M	-38M	-24M	-17M	-9M	-5M	-79M	-111M	0M	0M	-111M	-31M	-21M	148M	-319M	14M	-67M	8M	0M	0M	18M	0M	0M	-2M	0M	0M	0M	16M	0M	110M	24M	0M	0M	0M	1M	0M	48M	4M
Return on Acquisitions (Net)	-104.98%	-83.45%	971.08%	896.18%	-3,345.96%	-2,661.50%	-1,501.18%	-562.85%	-635.11%	0.00%	0.00%	-314.95%	-1,065.43%	963.13%	592.70%	-213.02%	5,013.21%	-707.24%	5,442.37%	0.00%	0.00%	3,731.91%	0.00%	0.00%	-82,693.33%	0.00%	0.00%	0.00%	2,331.36%	0.00%	115.10%	266.67%	0.00%	0.00%	0.00%	13,754.35%	0.00%	681.82%	7,065.84%
Purchases of Investments	-39M	34M	-63M	-141M	-106M	-91M	-76M	22M	-138M	-3M	0M	-113M	0M	284M	1,187M	0M	-1,423M	-1M	-562M	0M	0M	-414M	-2M	-1,068M	0M	0M	0M	0M	-7M	-2M	-100M	-30M	0M	-23M	-2M	0M	0M	0M	-7M
Return on Purchases of Investments	-2,343.35%	-1,419.97%	-56,940.21%	-38,783.09%	-29,351.55%	-26,333.25%	-64,441.88%	2,047.02%	-511.29%	-6,720.83%	0.00%	-309.22%	0.00%	-69.79%	73.83%	-528,500.00%	-48.01%	-33,754.55%	-73.50%	0.00%	0.00%	-163.26%	-12,138.46%	-42.49%	0.00%	0.00%	0.00%	0.00%	-5,284.70%	-70,188.98%	-126.70%	-206.87%	0.00%	-777.76%	-5,491.19%	-1,265,400.00%	0.00%	0.00%	-4,034.04%
Sales / Maturities of Investments	2M	50M	198M	165M	129M	105M	89M	19M	165M	0M	0M	5M	151M	92M	249M	1,016M	8M	441M	15M	63M	0M	70M	361M	0M	0M	90M	10M	0M	6M	0M	31M	0M	17M	0M	0M	1M	48M	0M	4M
Return on Sales / Maturities of Investments	2,209.76%	1,326.84%	1,843.11%	1,390.75%	63,867.27%	71,192.92%	59,967.93%	2,277.48%	426.54%	0.00%	0.00%	6,629.27%	220.15%	-215.22%	352.43%	66.86%	8,570.97%	108.28%	2,698.32%	1,401.44%	0.00%	972.64%	56.12%	0.00%	1,240,400.00%	376.14%	9,211.15%	0.00%	6,496.79%	487,194.12%	406.85%	14,352.94%	523.69%	0.00%	0.00%	11,198.23%	277.91%	0.00%	7,738.78%
Other Investing Activities	-193M	-150M	-107M	76M	68M	61M	55M	-187M	24M	-369M	-366M	157M	65M	-237M	-1,127M	326M	133M	189M	159M	142M	1,234M	760M	35M	42M	22M	33M	59M	64M	38M	-56M	20M	26M	66M	115M	-22M	-26M	6M	-16M	179M
Return on Other Investing Activities	22.65%	132.81%	181.90%	282.79%	834.22%	638.00%	506.86%	-236.52%	2,915.43%	-56.20%	-98.80%	222.97%	512.67%	83.43%	-77.75%	208.23%	511.95%	253.10%	259.37%	617.09%	47.47%	88.96%	580.15%	1,089.20%	7,088.00%	1,031.24%	1,626.20%	1,738.59%	958.58%	-1,899.17%	632.44%	238.05%	135.30%	158.97%	-512.38%	-627.68%	2,227.49%	-1,995.25%	163.59%
Net Cash from Investing Activities	-391M	-328M	-619M	-620M	-524M	-430M	-376M	-887M	-718M	-395M	-366M	-412M	-185M	-284M	-1,127M	-649M	-1,814M	216M	-1,175M	-477M	-38M	-255M	-500M	-1,839M	-453M	-168M	-116M	-306M	-136M	-228M	2M	-2M	27M	-67M	-230M	-135M	-143M	-22M	-1M
Return on Net Cash from Investing Activities	-78.72%	-69.23%	-38.00%	-162.24%	-222.36%	-41.15%	-1,039.77%	-49.84%	-98.10%	-52.51%	-98.80%	-84.86%	-179.79%	69.79%	-77.75%	-104.59%	-37.65%	221.28%	-35.13%	-183.86%	-1,539.53%	-264.95%	-40.58%	-24.67%	-351.89%	-201.35%	-830.90%	-361.04%	-268.42%	-467.11%	6,804.14%	-2,975.61%	329.43%	-272.42%	-48.88%	-120.21%	-92.68%	-1,462.57%	-28,440.00%
Net Debt Issuance	573M	691M	243M	412M	326M	264M	228M	1,031M	0M	948M	624M	146M	854M	881M	92M	413M	-525M	-713M	-290M	-634M	923M	1,303M	853M	1,299M	-85M	108M	59M	-427M	691M	-631M	194M	48M	69M	390M	18M	439M	115M	-494M	177M
Return on Net Debt Issuance	106.12%	66.97%	111.09%	76.44%	51.30%	49.20%	70.25%	42.85%	0.00%	21.86%	57.86%	238.63%	38.98%	-22.47%	950.63%	164.59%	-130.09%	-66.93%	-142.21%	-138.35%	63.47%	51.92%	23.77%	34.93%	-1,865.26%	313.22%	1,637.18%	-258.49%	52.72%	-168.57%	65.44%	131.93%	128.49%	46.63%	625.88%	37.02%	115.47%	-65.63%	164.77%
Long-Term Debt Issuance	573M	691M	243M	458M	362M	292M	252M	400M	0M	948M	624M	146M	854M	881M	92M	413M	-525M	-713M	-290M	-634M	923M	1,303M	1,547M	1,299M	-85M	120M	70M	-427M	691M	-631M	201M	48M	69M	390M	18M	439M	115M	-494M	177M
Return on Long-Term Debt Issuance	106.12%	66.97%	111.09%	75.73%	36.68%	37.40%	60.42%	110.51%	0.00%	21.86%	57.86%	238.63%	38.98%	-22.47%	950.63%	164.59%	-130.09%	-66.93%	-142.21%	-138.35%	63.47%	51.92%	13.11%	34.93%	-1,865.26%	281.83%	1,386.77%	-258.49%	52.72%	-168.57%	62.96%	131.93%	128.49%	46.63%	625.88%	37.02%	115.47%	-65.63%	164.77%
Short-Term Debt Issuance	0M	0M	0M	-46M	-36M	-29M	-24M	631M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-693M	0M	0M	-12M	-11M	0M	0M	0M	-8M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Short-Term Debt Issuance	0.00%	0.00%	0.00%	-1.95%	-595.41%	-542.65%	-452.21%	70.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-29.25%	0.00%	0.00%	-2,812.26%	-9,066.71%	0.00%	0.00%	0.00%	-1,658.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Stock Issuance	0M	0M	2M	96M	72M	58M	47M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	18M	0M	6M	0M	2M	1M	1,416M	4M	0M	1M	0M	0M	0M	0M	0M	0M	-2M	-3M	0M	-19M	-10M	0M
Return on Net Stock Issuance	0.00%	0.00%	271.02%	20,488.26%	31,957.66%	25,220.69%	33,388.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2,710.22%	0.00%	14,218.75%	227,850.00%	30,952.94%	31,560.00%	32.03%	40,012.90%	131,895.00%	159,921.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-8,635.98%	-3,986.76%	0.00%	-700.07%	-3,368.53%	379,200.00%
Common Stock Issuance	0M	0M	2M	96M	73M	59M	49M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	18M	0M	6M	0M	2M	1M	1,418M	22M	0M	1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Common Stock Issuance	0.00%	0.00%	271.02%	20,488.26%	30,326.18%	24,260.94%	48,257.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2,710.22%	0.00%	14,218.75%	227,850.00%	30,952.94%	31,560.00%	32.00%	7,383.33%	131,895.00%	159,921.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	147,014.29%	315,000.00%	379,200.00%
Common Stock Repurchased	0M	0M	0M	-17M	-13M	-10M	-10M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-258M	-1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-2M	-3M	0M	-19M	-10M	0M
Return on Common Stock Repurchased	0.00%	0.00%	0.00%	-2,144.03%	-1,608.02%	-1,631.86%	-1,627.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-78.59%	-32,081.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-8,635.98%	-3,986.76%	0.00%	-696.75%	-3,332.89%	0.00%
Preferred Stock Issuance	0M	0M	0M	0M	-1M	-1M	-1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-18M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock Issuance	0.00%	0.00%	0.00%	0.00%	-452.70%	-362.16%	-301.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-9,054.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Dividends Paid	-151M	-158M	-149M	-140M	-159M	-158M	-159M	-187M	-301M	-151M	-151M	-151M	-147M	-189M	-140M	-140M	-140M	-139M	-141M	-139M	-137M	-99M	-99M	-131M	-125M	-289M	-259M	-209M	-200M	-187M	-141M	-138M	-144M	-153M	-61M	-125M	-217M	-226M	-199M
Return on Net Dividends Paid	-203.30%	-146.28%	-296.52%	-350.45%	-386.42%	-344.60%	-309.31%	-236.03%	-234.03%	-137.75%	-240.05%	-232.11%	-226.31%	104.83%	-625.90%	-485.31%	-487.97%	-342.21%	-292.44%	-629.61%	-427.49%	-684.27%	-205.20%	-344.97%	-1,270.90%	-117.38%	-372.59%	-528.78%	-182.04%	-570.72%	-89.74%	-45.47%	-61.75%	-118.89%	-182.50%	-130.55%	-60.95%	-143.11%	-147.08%
Common Dividends Paid	-151M	-158M	-149M	-142M	-152M	-152M	-153M	-187M	-301M	-151M	-151M	-151M	-147M	-189M	-140M	-140M	-140M	-139M	-141M	-139M	-137M	-99M	-132M	-131M	-125M	-121M	-259M	-209M	-200M	-187M	-141M	-138M	-144M	-153M	-115M	-32M	-217M	-226M	-199M
Return on Common Dividends Paid	-203.30%	-146.28%	-296.52%	-347.03%	-392.01%	-349.07%	-322.55%	-236.03%	-234.03%	-137.75%	-240.05%	-232.11%	-226.31%	104.83%	-625.90%	-485.31%	-487.97%	-342.21%	-292.44%	-629.61%	-427.49%	-684.27%	-153.95%	-344.97%	-1,270.90%	-280.33%	-372.59%	-528.78%	-182.04%	-570.72%	-89.74%	-45.47%	-61.75%	-118.89%	-97.23%	-501.35%	-60.95%	-143.11%	-147.08%
Preferred Dividends Paid	0M	0M	0M	0M	-17M	-14M	-11M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-175M	-168M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Dividends Paid	0.00%	0.00%	0.00%	0.00%	-55.57%	-44.45%	-37.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-909.38%	-201.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Financing Activities	-527M	-496M	-507M	-440M	-325M	-241M	-155M	-499M	215M	-491M	-547M	-542M	-473M	-427M	-447M	-590M	-448M	-485M	-617M	-497M	-652M	-161M	93M	-324M	-23M	-147M	-183M	758M	-298M	547M	-111M	-62M	-94M	189M	203M	49M	221M	675M	221M
Return on Other Financing Activities	-57.58%	-39.35%	-82.58%	-95.73%	-449.36%	-360.25%	-279.33%	-88.52%	328.40%	-42.20%	-66.09%	-64.44%	-70.37%	46.37%	-196.20%	-115.22%	-152.35%	-98.33%	-66.92%	-176.54%	-89.88%	-420.96%	217.36%	-140.10%	-6,815.38%	-230.28%	-529.21%	145.74%	-122.22%	194.73%	-114.45%	-101.06%	-94.77%	96.45%	55.28%	330.91%	59.96%	47.98%	132.20%
Net Cash from Financing Activities	-104M	37M	-411M	-116M	-136M	-115M	-69M	345M	162M	307M	-73M	-546M	234M	265M	-494M	-317M	-1,113M	-1,320M	-1,048M	-1,264M	134M	920M	313M	2,260M	-448M	-328M	-445M	43M	193M	-310M	-58M	-247M	46M	424M	103M	456M	99M	-54M	200M
Return on Net Cash from Financing Activities	-164.32%	-85.06%	-95.38%	-28.61%	81.41%	51.10%	36.90%	128.18%	435.00%	67.63%	-496.64%	-63.95%	142.33%	-74.66%	-177.22%	-214.40%	-61.35%	-36.15%	-39.38%	-69.40%	435.66%	73.48%	64.80%	20.07%	-356.03%	-103.50%	-217.16%	2,545.05%	188.97%	-343.39%	-217.41%	-25.44%	192.65%	42.95%	109.27%	35.67%	133.32%	-595.18%	146.27%
Effect of FX on Cash	-19M	-5M	-46M	-10M	-7M	-26M	-71M	4M	-47M	-10M	-7M	-39M	11M	21M	-8M	-48M	109M	-241M	-245M	-102M	143M	57M	116M	98M	0M	0M	3M	0M	0M	0M	0M	0M	-202M	-303M	-194M	-144M	-277M	-311M	-551M
Return on Effect of FX on Cash	-2,757.24%	-1,240.18%	-1,852.93%	-1,143.73%	633.53%	502.67%	406.38%	9,825.71%	-1,501.64%	-2,067.95%	-5,303.77%	-900.00%	3,010.47%	-939.63%	-11,173.77%	-1,413.10%	625.18%	-198.03%	-168.64%	-856.34%	408.70%	1,185.14%	174.56%	461.31%	0.00%	0.00%	29,826.59%	0.00%	0.00%	0.00%	0.00%	0.00%	-43.98%	-60.02%	-57.94%	-112.75%	-47.67%	-104.00%	-53.07%
Net Change in Cash	73M	231M	-379M	-10M	49M	29M	42M	185M	281M	572M	72M	-426M	451M	486M	-896M	-230M	-1,682M	-442M	-1,697M	143M	904M	1,384M	65M	1,150M	285M	-52M	469M	116M	316M	138M	35M	-255M	-66M	-125M	-101M	101M	-68M	145M	463M
Return on Net Change in Cash	152.65%	98.20%	-7.51%	66.94%	109.42%	120.48%	105.16%	238.32%	250.27%	36.25%	503.76%	-82.07%	73.80%	-40.76%	-97.72%	-295.58%	-40.60%	-107.90%	-24.33%	614.86%	64.76%	48.86%	311.24%	39.46%	558.74%	-648.29%	206.12%	952.35%	115.35%	770.52%	357.59%	-24.60%	-134.17%	-145.61%	-111.04%	160.64%	-193.69%	223.72%	63.20%
Cash at Beginning of Period	703M	557M	1,692M	2,200M	1,873M	1,584M	1,415M	3,834M	2,455M	805M	733M	570M	204M	470M	1,118M	1,348M	3,030M	3,473M	5,169M	5,027M	4,122M	2,738M	2,673M	1,523M	1,238M	1,290M	822M	706M	390M	252M	216M	471M	538M	663M	764M	662M	731M	586M	123M
Return on Cash at Beginning of Period	45.46%	51.40%	43.00%	34.91%	52.31%	63.39%	64.49%	11.53%	28.70%	25.76%	49.28%	61.33%	162.73%	-42.10%	78.33%	50.38%	22.54%	13.74%	7.98%	17.45%	14.21%	24.70%	7.59%	29.78%	128.78%	26.28%	117.59%	156.51%	93.35%	422.70%	58.60%	13.31%	16.54%	27.47%	14.69%	24.55%	18.10%	55.28%	237.22%
Cash at End of Period	972M	738M	1,288M	2,174M	1,909M	1,602M	1,449M	4,020M	2,736M	1,377M	805M	733M	570M	204M	222M	1,118M	1,348M	3,030M	3,473M	5,169M	5,027M	4,122M	2,738M	2,673M	1,523M	1,238M	1,290M	822M	706M	390M	252M	216M	471M	538M	663M	764M	662M	731M	586M
Return on Cash at End of Period	35.87%	13.83%	60.29%	44.82%	53.26%	58.81%	54.09%	11.00%	25.75%	15.06%	44.89%	47.65%	58.42%	-96.86%	394.67%	60.73%	50.66%	15.75%	11.88%	16.97%	11.65%	16.41%	7.41%	16.97%	104.66%	27.39%	74.87%	134.42%	51.60%	272.96%	50.35%	28.99%	18.87%	33.86%	16.94%	21.30%	19.97%	44.32%	49.91%
Operating Cash Flow	529M	428M	647M	703M	692M	579M	541M	723M	885M	670M	517M	398M	224M	331M	732M	785M	1,136M	903M	771M	1,986M	665M	662M	136M	630M	1,186M	444M	1,027M	378M	259M	676M	92M	-6M	63M	-179M	220M	-75M	253M	533M	815M
Return on Operating Cash Flow	62.84%	55.46%	65.00%	73.71%	92.16%	46.97%	38.61%	61.14%	79.64%	30.93%	69.89%	87.71%	148.54%	-59.75%	119.62%	86.58%	60.13%	52.83%	53.53%	44.16%	88.11%	102.17%	149.29%	71.95%	134.40%	76.42%	94.11%	291.81%	140.79%	157.46%	137.95%	-1,004.12%	141.65%	-101.82%	51.12%	-216.27%	52.34%	60.79%	35.89%
Capital Expenditure	-129M	-232M	-610M	-697M	-598M	-497M	-439M	-684M	-627M	-23M	-15M	-350M	-370M	-402M	-1,583M	-1,673M	-546M	-345M	-795M	-682M	-1,272M	-689M	-895M	-813M	-474M	-291M	-186M	-369M	-188M	-171M	-59M	-22M	-56M	-158M	-206M	-112M	-196M	-53M	-180M
Return on Capital Expenditure	-1,150.14%	-698.21%	-390.24%	-283.58%	-285.91%	-284.58%	-271.67%	-64.58%	-112.27%	-906.18%	-2,444.35%	-99.89%	-89.96%	49.31%	-55.34%	-40.61%	-125.01%	-138.44%	-51.89%	-128.65%	-46.05%	-98.17%	-22.67%	-55.80%	-336.52%	-116.35%	-518.94%	-298.96%	-193.71%	-624.18%	-213.32%	-283.89%	-159.62%	-115.27%	-54.58%	-145.20%	-67.40%	-606.35%	-162.05%
Free Cash Flow	399M	196M	37M	6M	94M	82M	102M	39M	257M	647M	502M	49M	-146M	-70M	-851M	-888M	589M	559M	-24M	1,304M	-607M	-27M	-759M	-182M	712M	152M	840M	9M	71M	506M	32M	-28M	7M	-337M	14M	-187M	56M	479M	634M
Return on Free Cash Flow	274.34%	175.43%	-80.00%	-240.69%	483.56%	450.18%	410.81%	1,146.33%	274.05%	32.02%	71.95%	719.05%	-228.11%	282.23%	-102.99%	-76.48%	115.87%	85.43%	-1,698.94%	67.25%	-96.46%	-2,505.71%	-26.73%	-248.70%	223.78%	222.68%	114.95%	12,204.69%	515.39%	210.58%	390.42%	-221.32%	1,257.82%	-54.06%	808.43%	-86.87%	234.31%	67.57%	46.10%

Free Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	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	419M	278M	452M	595M	871M	769M	696M	442M	704M	547M	361M	349M	333M	-198M	876M	679M	683M	477M	413M	877M	586M	1,454M	465M	1,027M	3,938M	923M	1,884M	1,104M	643M	1,065M	249M	129M	176M	182M	186M	272M	290M	503M	413M
EBITDA	835M	852M	900M	952M	941M	806M	765M	1,522M	1,862M	670M	925M	910M	934M	822M	796M	695M	1,063M	1,228M	954M	1,780M	975M	811M	666M	1,049M	1,143M	435M	2,313M	338M	305M	438M	283M	188M	211M	227M	270M	0M	672M	946M	892M
Return on EBITDA	52.99%	34.10%	52.46%	65.39%	107.82%	108.78%	-70,572.31%	29.05%	37.83%	81.53%	39.05%	38.38%	35.64%	-24.08%	110.02%	97.73%	64.26%	38.87%	43.25%	49.28%	60.06%	179.14%	69.83%	97.97%	344.51%	212.42%	81.44%	326.27%	210.90%	243.25%	88.12%	68.25%	83.38%	80.04%	68.74%	-2,120,100.00%	43.07%	53.17%	46.33%
(-) Tax Adjustment	227M	417M	293M	248M	228M	192M	171M	536M	494M	223M	234M	223M	281M	1,122M	242M	89M	143M	216M	161M	279M	151M	99M	107M	147M	240M	98M	397M	50M	57M	83M	68M	25M	19M	41M	35M	0M	98M	95M	112M
Return on (-) Tax Adjustment	185.38%	131.38%	273.95%	403.17%	622.72%	640.55%	-1,055,137.62%	82.42%	142.71%	244.83%	154.73%	156.57%	118.41%	-17.65%	362.37%	763.75%	478.98%	221.19%	256.31%	314.34%	388.16%	1,469.09%	435.45%	701.02%	1,639.43%	944.60%	474.92%	2,220.58%	1,127.25%	1,287.48%	367.89%	516.20%	939.17%	448.69%	530.74%	-31,671,868.64%	295.69%	531.38%	368.44%
(-) Change In Working Capital	-136M	-185M	-59M	-11M	4M	3M	3M	-245M	-183M	-1M	-244M	-163M	-356M	-159M	-19M	46M	350M	-164M	122M	310M	-84M	48M	-24M	176M	182M	57M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on (-) Change In Working Capital	-15,868.91%	-9,515.20%	-5,054.42%	-3,284.53%	-2,274.14%	-1,819.31%	-1,516.09%	-180.52%	-385.17%	-47,244.44%	-148.26%	-214.02%	-93.53%	124.27%	-4,700.69%	1,488.73%	194.94%	-290.30%	339.07%	282.84%	-695.73%	3,007.71%	-1,903.68%	585.14%	2,160.58%	1,624.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
(-) Capital Expenditure	-129M	-232M	-610M	-697M	-598M	-497M	-439M	-684M	-627M	-23M	-15M	-350M	-370M	-402M	-1,583M	-1,673M	-546M	-345M	-795M	-682M	-1,272M	-689M	-895M	-813M	-474M	-291M	-186M	-369M	-188M	-171M	-59M	-22M	-56M	-158M	-206M	-112M	-196M	-53M	-180M
Return on (-) Capital Expenditure	-1,644.33%	-994.73%	-538.49%	-396.60%	-437.50%	-432.23%	-415.25%	-64.58%	-112.27%	-2,388.76%	-2,444.35%	-99.89%	-89.96%	49.31%	-55.34%	-40.61%	-125.01%	-138.44%	-51.89%	-128.65%	-46.05%	-210.99%	-51.97%	-126.39%	-831.17%	-316.88%	-1,011.96%	-298.96%	-342.04%	-624.18%	-418.90%	-582.26%	-315.21%	-115.27%	-90.41%	-243.27%	-147.51%	-941.43%	-228.95%
Unlevered Free Cash Flow	616M	389M	55M	18M	111M	115M	152M	546M	924M	425M	921M	501M	639M	-542M	-1,010M	-1,112M	23M	832M	-124M	509M	-363M	-25M	-311M	-86M	247M	-11M	1,730M	-81M	60M	184M	155M	141M	136M	29M	30M	-112M	378M	798M	599M
Return on Unlevered Free Cash Flow	79.17%	65.23%	281.29%	-292.13%	-557.05%	-382.18%	-298.85%	80.98%	76.25%	128.49%	39.24%	69.78%	52.11%	36.53%	-86.75%	-61.08%	2,910.72%	57.38%	-333.51%	172.36%	-161.19%	-5,865.77%	-149.42%	-1,190.86%	1,595.48%	-8,168.30%	108.87%	-1,369.19%	1,074.23%	577.28%	160.17%	90.93%	128.93%	629.05%	623.78%	-243.24%	76.58%	63.03%	68.94%
(-) Net Interest Income After Taxes	-51M	-38M	-57M	-37M	-33M	-36M	-52M	-79M	-284M	-67M	-50M	-36M	-31M	-3M	9M	-88M	-82M	-122M	-97M	-33M	7M	40M	21M	-15M	-12M	-17M	-33M	-51M	0M	0M	-94M	-62M	-76M	0M	-55M	-93M	-277M	-153M	-96M
Return on (-) Net Interest Income After Taxes	-830.11%	496.27%	929.91%	940.53%	-1,576.83%	-1,289.60%	-1,124.44%	-556.67%	-247.69%	-811.07%	-721.65%	-957.60%	-1,064.27%	6,035.96%	9,233.80%	-772.03%	-829.38%	-389.67%	-424.94%	-2,680.12%	8,294.02%	3,658.95%	2,220.50%	-6,684.50%	-32,323.16%	-5,388.68%	-5,770.06%	-2,162.77%	0.00%	0.00%	-266.10%	-206.78%	-230.36%	0.00%	-338.20%	-293.68%	-104.53%	-327.80%	-429.03%
Net Debt Issuance	573M	691M	243M	412M	326M	264M	228M	1,031M	0M	948M	624M	146M	854M	881M	92M	413M	-525M	-713M	-290M	-634M	923M	1,303M	853M	1,299M	-85M	108M	59M	-427M	691M	-631M	194M	48M	69M	390M	18M	439M	115M	-494M	177M
Return on Net Debt Issuance	118.04%	74.13%	114.66%	87.80%	29.51%	44.84%	86.78%	42.85%	0.00%	57.63%	57.86%	238.63%	38.98%	-22.47%	950.63%	164.59%	-130.09%	-66.93%	-142.21%	-138.35%	63.47%	111.59%	54.49%	79.11%	-4,607.07%	853.03%	3,192.62%	-258.49%	93.09%	-168.57%	128.51%	270.59%	253.73%	46.63%	1,036.85%	62.03%	252.74%	-101.89%	232.80%
Levered Free Cash Flow	1,240M	1,117M	355M	467M	470M	414M	432M	1,657M	1,208M	1,441M	1,595M	684M	1,524M	342M	-927M	-611M	-419M	241M	-317M	-92M	552M	1,238M	521M	1,228M	174M	114M	1,822M	-457M	750M	-447M	443M	251M	282M	419M	103M	420M	770M	458M	873M
Return on Levered Free Cash Flow	37.23%	15.13%	-22.52%	-51.91%	112.37%	88.90%	88.78%	26.68%	58.30%	37.93%	22.65%	51.11%	21.84%	-57.85%	-94.49%	-111.09%	-162.92%	197.90%	-130.26%	-949.78%	106.02%	117.41%	89.21%	83.68%	2,269.36%	809.43%	103.39%	-241.74%	85.67%	-238.10%	56.23%	51.21%	62.35%	43.42%	181.02%	64.87%	37.62%	109.88%	47.32%